Tag: article_normal
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Tata Consultancy Services underperforms Thursday when compared to competitors despite daily gains
Published: June 1, 2023 at 6:33 a.m. ET Tata Consultancy Services Ltd. 532540 shares inched up 0.98% to 3,323.30 Indian rupees Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P BSE Sensex Index 1 falling 0.31% to 62,428.54. Tata Consultancy Services Ltd. closed 251.70 rupees short ... -
A record number of homes are being built to rent. Does this hurt house hunters?
As aspiring homeowners contend with high mortgage rates, rising home prices, and a low number of homes for sale, the construction of single-family homes built deliberately to be rented is forging full steam ahead as investors bet on rentals. The number of newly built single-family homes being sold to investors to rent, or also known ... -
Home REIT Independent Investigation Finds Undisclosed Arrangements by Investment Adviser
Published: May 30, 2023 at 2:54 a.m. ET By Joe Hoppe Home REIT said Tuesday that a report from independent forensic accountants has found that a number of key arrangements and information wasn’t disclosed to the company by its investment adviser. The real-estate investment firm said a report from Alvarez & Marsal Disputes and Investigations–which ... -
SKF Makes Three Appointments to Strengthen Commercial Focus
Published: May 25, 2023 at 5:24 a.m. ET By Dominic Chopping STOCKHOLM–Swedish ball-bearing maker SKF said Thursday that it has made three new appointments within group management, aiming to further strengthen its commercial focus as it targets increased profitable growth. David Johansson, currently president of automotive at SKF, will succeed the interim president for industrial… ... -
The mattress one of America’s top sleep consultants sleeps on to help back pain
In our “Help Me Sleep” series, we ask independent doctors and sleep pros what mattresses they personally sleep on and why, and suggest other mattresses that are comparable to their picks. Colloquially known as The Sleep Doctor, Dr. Michael J. Breus treats athletes and celebrities; consults with hotels, mattress manufacturers and retailers on optimal components ... -
Great Portland Estates Swung to FY 2023 Loss on Negative Property Valuations
Published: May 24, 2023 at 3:09 a.m. ET By Joe Hoppe Great Portland Estates said Wednesday that it swung to a fiscal 2023 loss after a negative revaluation of its investment portfolio, though revenue rose. The real-estate investment trust said it swung to a pretax loss of 164.0 million pounds ($203.6 million) for the year ... -
Drax Backs 2023 Earnings Market Expectations; Increases Investment Plans
Published: May 23, 2023 at 3:07 a.m. ET By Joe Hoppe Drax Group said Tuesday that its 2023 expectations for adjusted earnings remain in-line with market consensus estimates, and set out increased investment plans for carbon removal. The U.K. power-generation company said that it continues to expect adjusted earnings before interest, taxes, depreciation and amortization ... -
House-flipping influencer and life coach hit with hefty fines in bogus $400 million training program and 5 hottest metros are in the south
Hi, MarketWatchers. Don’t miss these top stories. House-flipping influencer and life coach hit with hefty fines in bogus $400 million training program The FTC accused the pair of promoting a course whose aim was to sell students increasingly expensive courses. Read More ‘Don’t Call Me Karen’: Uber diversity head suspended over events highlighting white women’s ... -
Heico 2Q Sales Higher as Commercial Aerospace Market Conditions Improve
Published: May 22, 2023 at 4:39 p.m. ET By Denny Jacob Heico sales continued to rise in the latest quarter, as improving conditions in the commercial aerospace market lifted the company further. The maker of jet engine and aircraft parts posted net income of $105.1 million, or 76 cents a share, for the second quarter ... -
Canada New House Prices Edge Down 0.1% in April
Published: May 18, 2023 at 8:42 a.m. ET By Robb M. Stewart OTTAWA–New-home prices again cooled in April as higher interest rates continued to dampen demand. Statistics Canada’s new-house price index edged down 0.1% from the month before, and has now fallen six times since last August’s peak. From… By Robb M. Stewart OTTAWA–New-home prices ...