Fri, May 14, 2021 10:03 AM
Nxtdigital stocks gain considerably as the company posts profit
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Friday, AbbVie Inc ABBV reported first-quarter adjusted EPS of $2.31, down 6.1% Y/Y, beating the consensus of $2.23. Net revenues reached $12.31 billion, up 0.7%, beating the consensus of $11.92 billion. Sales were up 1.6% on an operational basis. “First quarter results were well ahead of our expectations, driven by excellent performance from our ex-Humira growth platform,” said Robert.
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The Securities and Exchange Board of India (Sebi) has asked BSE to pay regulatory fee to the former based on annual turnover fee considering notional value in case of options contract.BSE in its filing to the exchanges on Friday stated that the regulator has also asked the company to pay differential regulatory fee for the past periods with applicable interest of 15% per annum.
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Alphabet and Microsoft ignited a rally in technology stocks on Friday with earnings that showed big AI investments were driving growth, allaying doubts that their costly bets would take time to pay off after a soft forecast from Meta Platforms. Alphabet rose 10%, crossing $2 trillion in market value with a gain of about $180 billion as it sweetened the pot for investors with its maiden dividend.
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