Tag Archives: soars

Bitcoin soars ahead of blockchain split, Ethereum lower

Reuters. The blockchain supporting bitcoin is poised to undergo a ‘hard fork’ on Tuesday   Investing.com – Bitcoin traded higher on Monday, on reports the blockchain supporting the cryptocurrency is poised to split into two, as some members refused to signal support for a major software upgrade aimed at speeding up transactions on the bitcoin network. On Tuesday August 1, ... Read More »

L&T Finance net soars 49% as advances surge

L&T Finance Holdings, financial services arm of the engineering major L&T, today reported consolidated net profit growth of 49 per cent at Rs 309 crore for the three months to June driven by higher advances that clipped at 96.4 per cent and better asset quality. This is the fifth consecutive successful quarter for the company after many quarters of headwinds ... Read More »

L&T Finance net soars 49% as advances surge

MUMBAI, JUL 26:   L&T Finance Holdings, financial services arm of the engineering major L&T, today reported consolidated net profit growth of 49 per cent at Rs 309 crore for the three months to June driven by higher advances that clipped at 96.4 per cent and better asset quality. This is the fifth consecutive successful quarter for the company after many ... Read More »

Stocks Fade, But Facebook Soars; Why These 2 Medicals Are Up Big

The stock market was modestly lower heading into Friday’s close, with small caps taking a beating following a heavy slate of earnings reports. The Nasdaq composite fell fractionally as some of its major components such as Amazon.com (AMZN) and Alphabet (GOOGL) enjoyed post-earnings rallies while others fell on disappointing results. Amazon was well off its Friday intraday high, but still above ... Read More »

Asian stocks pare earlier gains, yen soars as risk aversion grows

Asian stocks erased earlier gains and the Japanese yen rallied to a fresh eighteen-month high on Tuesday as investors grew doubtful about global central banks’ ability to boost growth through aggressive policy easing. MSCI’s broadest index of Asia-Pacific shares outside Japan was flat after being up as much as 0.4 percent on the day and is now trading at a ... Read More »