Power Corp. CEO defends investments in financial technology companies amid sector downturn

Power Corporation of Canada holds, through various entities, a 42.5-per-cent stake in Wealthsimple. It first bought into the online investment platform in 2015.Mark Blinch/The Canadian Press Power Corporation of Canada’s POW-T chief executive officer, Jeffrey Orr, is defending the company’s investments in financial technology startups, despite a downturn in the sector that has resulted in … Read more

LIC Housing Finance stocks: Buy LIC Housing Finance, target price Rs 490: Emkay Global

Emkay Global has buy call on LIC Housing Finance with a target price of Rs 490. The current market price of is Rs 377.3. Time period given by analyst is one year when . price can reach defined target. LIC Housing Finance Ltd., incorporated in the year 1989, is a Large Cap company (having a … Read more

Suryoday Small Finance Bank stocks: Buy Suryoday Small Finance Bank, target price Rs 155: ICICI Securities

has buy call on Suryoday Small Finance Bank Ltd. with a target price of Rs 155. The current market price of is Rs 88.45. Time period given by analyst is one year when Suryoday Small Finance Bank Ltd. price can reach defined target. Suryoday Small Finance Bank Ltd., incorporated in the year 2008, is a … Read more

Le pôle de la finance durable québécois prend de l’expansion

La Déclaration de la place financière québécoise pour une finance durable proposes notably de développer une expertise en finance et investissement durables et de favorer l’établissement ou la croissance d’équipes locales et d’établissements en finance durable au Québec. (Photo: Joelle Simard-Lapointe) Les efforts pour créer un pôle mondial de la finance durable au Québec ont … Read more

PENNSYLVANIA REAL ESTATE INVESTMENT TRUST : Submission of Matters to a Vote of Security Holders (form 8-K)

Item 5.07 Submission Of Matters To A Vote Of Security Holders. On August 2, 2022, Pennsylvania Real Estate Investment Trust (the “Trust”) reconvened its 2022 Annual Meeting of Shareholders (the “Reconvened Annual Meeting”). At that time, a majority of the Trust’s issued and outstanding 7.375% Series B Cumulative Redeemable Perpetual Preferred Shares (the “Series B … Read more

Manappuram Finance stocks: Buy Manappuram Finance, target price Rs 126: Prabhudas Lilladher

Prabhudas Lilladher has buy call on . with a target price of Rs 126. The current market price of Manappuram Finance is Rs 108.8. Time period given by analyst is one year when Ltd. price can reach defined target. Manappuram Finance Ltd., incorporated in the year 1992, is a Mid Cap company (having a market … Read more

Bear Market | Christopher Wood: I am suspicious of the rally in US, India: Christopher Wood

Christopher Woodglobal head of equity strategy at Jefferies, says the recent run-up in equities is more of a bear market rally in the US, which Indian stocks are tailing. In an interview with ET, Wood said India is not among his top investment destinations at the moment. Edited excerpts: What is your evaluation of the … Read more

Economists stress policy aid to boost demand, stabilize growth

Consumers browse products at a mall with promotional events for Double Five shopping festival in Shanghai. [LIU XIN/FOR CHINA DAILY] China should resolutely implement macroeconomic policies to stimulate demand and stabilize growth as social demand has not yet been fully unleashed in the short term, economists said. China’s top leadership stressed that macroeconomic policies should … Read more

Schumer-Manchin Throws the Book Tax at US Companies

Don’t be fooled by the name. While the latest proposal from Senate Democrats to raise taxes and spend more taxpayer money is called the Inflation Reduction Act, it would actually do the opposite. The nonpartisan Joint Committee on Taxation estimates the bill would hurt Americans in every income bracket, with more than half the new … Read more

Investors zero in on recession-resistant foods, strong track records as economy resets

But, they are proceeding more cautiously than even just three or four months ago and placing a bigger emphasis on entrepreneurs’ track records, Lloyd Greif, president and CEO of Greif & Co., which has engineered a range of transactions from initial public offerings and private placement financings to debt securities ranging from $25m to $2b. … Read more