|
Chemical companies are projected to experience revenue growth of 5-10% in the June 2025 quarter, fueled by increased order intake anticipating US tariffs and a weaker rupee boosting exports. Lower raw material prices are expected to protect margins. However, Chinese competition and geopolitical risks create a complex environment, with investors closely monitoring volume sustainability and pricing power.
Category:
News and Media
Trent's shares plunged nearly 4% following a downgrade by Goldman Sachs from 'buy' to 'neutral,' citing concerns over slowing sales and underperformance of Zudio stores. The brokerage reduced its price target by 21% to 5,500. Despite expecting Zudio's FY25 sales to grow by 60%, Goldman Sachs lowered Trent's revenue and earnings estimates.
Category:
News and Media
The Federal Communications Commission has approved the deal between Skydance and Paramount, parent of the CBS network.
Category:
News and Media
All news |
||||||||||||||||||
|