The Latest Breaking News on Jefferies

Given the near-term top-line growth and margin headwinds, Jefferies has downgraded the stock's rating

Apple has cultivated an image as a conscientious steward of the environment and an impassioned promoter of social causes.

LONDON: The pound extended gains after Liz Truss announced she was resigning as UK prime minister, capping weeks of speculation on the future of her premiership since her initial fiscal policy drove markets into turmoil.

UK stocks and corporate bonds face possible selling pressure due to the need for liquidity among British pension funds deploying so-called liability-driven investment methods, according to Jefferies strategists.

Although, Infosys slightly missed analysts' estimates in terms of revenue, however, the company's EBIT margin was upbeat. It also witnessed a sharp drop in attrition rate, while making strong hiring in the quarter.

Infosys board has also approved a buyback price not exceeding ₹1,850 per equity share. This floor price is at a premium from the current market price..Last year, Infosys launched a share buyback plan worth ₹9,200 crore. The buyback commenced on June 25 and closed on September 14 of 2021.

The urban markets witnessed a revival in volume growth while rural markets saw slower recovery in the quarter

An uptick in demand as monsoon draws to a close, price hikes lead to optimism for cement makers.Real Estate bookings remain supportive, and infra spending by the government is expected to be strong

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Infosys has been giving massive dividends to its investors and most likely it will announce its first interim dividend for fiscal year FY23 next week. The IT major will also announce its September 2022 quarterly earnings.