MannKind reports strong quarter, plans for growth By Investing.com

© Reuters. MannKind Corporation (NASDAQ:) has reported a significant increase in revenue and net income for the fourth quarter of 2023, signaling a robust financial standing and promising prospects for the future. The company’s CEO, Michael Castagna, outlined a strategic plan for 2024, which includes the production of over 25 million doses and devices, and … Read more

Baidu shares slip after Q4 revenue miss By Investing.com

© Reuters Baidu (BIDU) shares slip after Q4 revenue miss Baidu (NASDAQ:) shares slipped more than 1.3% in premarket trading Wednesday after the Chinese internet giant reported worse-than-expected FQ4 revenue. Earnings per share (EPS) was reported at RMB21.86, topping the consensus expectations of RMB17.58. Revenue came in at RMB34.95 billion, missing the projected RMB35.14 billion. … Read more

Crypto-linked shares jump premarket as Bitcoin clears $59,000 By Investing.com

© Reuters Investing.com — Shares in cryptocurrency-related companies jumped in premarket U.S. trading on Wednesday after surpassed the $59,000 mark, extending a rally in the digital asset into a fifth consecutive day. By 05:22 ET (10:22 GMT), the price of Bitcoin had risen by 4.6% to $59,202.5, placing the world’s most popular cryptocurrency within touching distance … Read more

European stocks have room to rise

© Reuters Investing.com – It’s hardly surprising that stocks are currently taking a breather, according to Barclays, given stretched market technicals/sentiment. But overall positioning is not over-extended and bullishness is not widespread outside of Wall Street and the tech sector, suggesting there’s room for European equities to outperform.  Regional equity flows remain heavily tilted towards … Read more

Car insurance: Why should you opt for ‘Pay as You Drive’ cover?

Have you ever thought of the financial burden your vehicle insurance incurs regardless of the vehicle’s usage? What if you take your car out of the garage only once a week for a short drive. Effectively, less car usage means lower possibility of collision and therefore, leads to fewer insurance claims.  This should, ideally, incentivise the … Read more

GPT Healthcare IPO: Here’s what GMP, subscription status signal ahead of listing

GPT Healthcare IPO: The initial public offering (IPO) of hospitals chains and healthcare services provider GPT Healthcare was concluded on February 26. GPT Healthcare IPO received decent investors’ response during the bidding period from February 22 to February 26 and the issue was oversubscribed heavily. As the IPO allotment of GPT Healthcare has been finalised, … Read more

Just got married? Here are 5 ways to help you manage money effectively with your spouse

More often than not, it is money that defines and determines the course of relationships. This is very true for young married couples. Hence, they must get their priorities right, set their common goals and have clear demarcation lines of who takes care of what.  Get your finances right For a newly married couple, the … Read more

Insurance: Why should you buy term plan with return of premium?

Term insurance plans are usually meant to provide financial security to the policyholder’s dependents and kin in the unfortunate scenario of policyholder’s demise. Some subscribers, however, don’t subscribe to the idea of a vanilla term insurance  plan since there is no provision of return of their investment.  Consequently, some policyholders opt for the ULIP (Unit … Read more

JK Cement’s focus on expansion will bolster volumes but keep debt elevated

Investors in JK Cement Ltd are sitting on handsome gains, with its shares having rallied 62% over the past year due to a combination of factors that could boost its earnings performance. Amid heightened competition, timely capacity additions and strategic regional diversification have boosted JK Cement’s prospects, and grey cement volume growth has been good. … Read more

Investing tips for the sandwich generation: Dos and Don’ts

Experts guide these strained souls on how to manage their finances to care for their parents, support their kids and tide over for themselves too. “Generation S or the Sandwich Generation is perhaps living in the most precarious of financial conditions; as they are encumbered with taking care of their ageing parents, and children. Another … Read more