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Netflix heads for worst day in two decades as investors hit 'not for me'

  • Brokerage JP Morgan made the most aggressive move by halving its price target to $305 - well below the stock's median Wall Street target of $400.
In this file photo taken on March 02, 2022, the Netflix logo is displayed on top of their office building in Hollywood, California. (File photo) (AFP)
In this file photo taken on March 02, 2022, the Netflix logo is displayed on top of their office building in Hollywood, California. (File photo) (AFP)
Updated on Apr 20, 2022 09:25 PM IST
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Reuters |

Goldman Sachs, Citi, 8 others make the cut for LIC share sale mandate

  • Others who will handle India’s largest-ever initial public offering are Bank of America, Nomura, Axis Capital, JM Financial, ICICI Securities.
Mint reported on August 11 that 18 investment banks are competing to manage LIC’s initial share sale.(Livemint)
Mint reported on August 11 that 18 investment banks are competing to manage LIC’s initial share sale.(Livemint)
Published on Aug 28, 2021 02:37 AM IST
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BySwaraj Singh Dhanjal , Mumbai

JP Morgan to finance breakaway Super League

A spokesman for JP Morgan said in an email that its involvement with the new league which has been set up as a rival to UEFA's Champions League and includes clubs such as Real Madrid and Manchester United.
Soccer Football - La Liga Santander - FC Barcelona v Osasuna - Camp Nou, Barcelona, Spain - July 16, 2020 General view inside the stadium before the match, as play resumes behind closed doors following the outbreak of the coronavirus disease (COVID-19) REUTERS/Albert Gea(REUTERS)
Soccer Football - La Liga Santander - FC Barcelona v Osasuna - Camp Nou, Barcelona, Spain - July 16, 2020 General view inside the stadium before the match, as play resumes behind closed doors following the outbreak of the coronavirus disease (COVID-19) REUTERS/Albert Gea(REUTERS)
Published on Apr 19, 2021 01:25 PM IST
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Reuters | , Manchester

US poised to beat China’s V-shaped recovery: Report

The alignment of US fiscal stimulus and rebound from Covid-19 in Europe will help bring a 7.6% surge in world GDP around mid-year, they said.
US President Joe Biden speaks after a tour of a Pfizer manufacturing plant producing the coronavirus disease (Covid-19) vaccine in Kalamazoo, Michigan, US, February 19, 2021.(REUTERS)
US President Joe Biden speaks after a tour of a Pfizer manufacturing plant producing the coronavirus disease (Covid-19) vaccine in Kalamazoo, Michigan, US, February 19, 2021.(REUTERS)
Published on Feb 20, 2021 01:42 PM IST
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Bloomberg |
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Saturday, May 21, 2022