Check out the companies making the biggest moves after the bell: FedEx — The package delivery giant popped 9% on fiscal third-quarter results that beat the Street. FedEx earned $5.25 per share, excluding certain items, on revenue of $24 billion. Analysts polled by LSEG expected a profit of $4.09 per share on revenue of $23.43…
Israeli foreign minister Gideon Sa’ar spoke with external affairs minister S Jaishankar on Thursday and briefed him about the ongoing conflict in West Asia. “We value our special strategic partnership with India, the world’s largest democracy,” he said on X. Sa’ar said he briefed the Indian minister on developments in Israeli operation against Iran. “I…
Gauntlet, one of decentralized finance’s (DeFi) leading providers for risk management tools, has seen its total value locked (TVL), a measure of the assets deposited across its vaults, fall sharply over the past seven days, dropping 22.84% to $1.325 billion. That has erased roughly $380 million in dollar-denominated value from a week-ago peak of approximately…
NEW DELHI: The Supreme Court has objected to Sebi not closing proceedings against former directors of Sterling Biotech (SBL), Nitin and Chetan Sandesara, despite its directions to quash all pending criminal cases – pertaning to bank fraud – after they paid Rs 5,100 crore in court.A bench of Justices J K Maheshwari and A S…
NEW DELHI: Amid the global rush to secure energy supplies, Indian agencies have seen the cost of natural gas (LNG) nearly double from around $10-12 a unit before the West Asian conflict to $19-20 per metric million Btu (MMBtu) when they made purchases in the spot market this week.The spike comes in the wake of…
NEW DELHI: The govt has asked all entities across the oil and gas value chain to regularly furnish detailed operational information to the ministry’s Petroleum Planning and Analysis Cell (PPAC), with officials classifying the data as a matter of national security. With imports plummeting, the move signals the vulnerability of the sector, turning it into…
Wall Street financial services firm Cantor is among investment banks that are pitching cryptocurrency trading platform FalconX for its potential IPO, according to two people with knowledge of the matter. The company has held preliminary talks with possible advisors, but FalconX has not yet formally appointed bankers for its initial public offering, the people said,…
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