Business


Macron wins strong parliamentary majority, estimates show

Sunday's election saw a record number of women - 223 versus a previous high of 155 - voted into parliament, due largely to Macron's decision to field a gender-balanced candidate list. Mr. Macron is likely to push for more European integration along with Germany's Angela Merkel once the German election gets done with in September. With its allies from MoDem centrist party, LREM is expected to be represented by 360 seats.



(ENLK) is up at $15.94 EnLink Midstream Announces Solution to…

The stock has "Outperform" rating by RBC Capital Markets on Friday, August 7. EQT Midstream Partners, LP's P/E ratio is 13.49. In a transaction dated April. ILLEGAL ACTIVITY NOTICE: This story was posted by The Cerbat Gem and is owned by of The Cerbat Gem. TRADEMARK VIOLATION WARNING: This report was published by Transcript Daily and is the property of of Transcript Daily.



Greek PM renews call for lenders to tackle Greece's debt

The Eurogroup agreed to distribute a long-delayed bailout payment worth up to 8.5 billion euros (9.47 billion US dollars) to Greece , the Eurogroup Chief Jeroen Dijsselbloem said in Luxembourg on Thursday. The euro zone has been reluctant to commit to concrete debt relief numbers now because it argues that if Greece does all that is required of it and keeps a high primary surplus - the budget before debt servicing costs - for decades, it may not need any debt relief at all.


CDSL IPO valuations attractive on stable earnings, parentage, say analysts

CDSL IPO valuations attractive on stable earnings, parentage, say analysts

CDSL is the second largest depository in terms of market share and has been growing at decent CAGR of 23% and 14% in 3 to 5 years. Up to 7,00,000 shares are reserved for employees. CDSL has a market share of 43 per cent in cumulative demat accounts. However, CDSL received bids for 2,61,69,500 shares against the issue size of 2,48,27,046 shares.



The Short Interest in Nokia Corporation (NOK) Drops By 21.3%

Levin Capital Strategies L.P. now owns 51,467,474 shares of the technology company's stock valued at $247,559,000 after buying an additional 11,259,027 shares during the last quarter. Nokia Corporation's quarterly revenue was down 3.8% on a year-over-year basis. During the same period a year ago, the business earned $0.03 earnings per share.



Boeing Launches New Plane as Rivalry With Airbus Continues

The U.S. Air Force will use the F-35 to replace the A-10 and F-16, and has already taken delivery of more than 100 of the planes. The Paris Air Show starts Monday and aviation pundits have counted 16 aircraft making their debut at the big show, including the Cirrus SF50 Vision Jet.