Outlook on Vedanta and its NCDs revised by Ind-Ra to Positive
Mon, Dec 27, 2021 4:39 PM

Outlook on Vedanta and its NCDs revised by Ind-Ra to Positive

A Flip by Flipitnews
Get it on Google Play
Ind-Ra modified Vedanta’s Outlook to Positive from Stable while affirming its Long-Term Issuer Rating at ‘IND AA-’on December 23, 2021. The Outlook revision reflects a likely improvement in the operational cash flow for FY22 and FY23 because of a significant increase in the operating profitability, led by enhanced volume performance, cost improvements across segments.

More great flips

Why Vincerx Pharma (VINC) Stock Is Falling

Why Vincerx Pharma (VINC) Stock Is Falling

Vincerx Pharma Inc VINC shares are trading lower by 9.7% to $0.81 during Friday’s session after the company priced an underwritten public offering, including 6 million shares of common stock with accompanying warrants to purchase the same number of shares, and pre-funded warrants for up to 16 million shares with accompanying warrants.

Open Flip
Why Is HCA Healthcare Stock Trading Lower On Friday?

Why Is HCA Healthcare Stock Trading Lower On Friday?

HCA Healthcare Inc HCA reported on Friday its first-quarter revenues of $17.34 billion, up from $15.59 billion a year ago, beating the consensus of $16.78 billion. The hospital chain reported adjusted EPS of $5.36, up from $4.93 a year ago, beating the consensus of $5.36. “The strong fundamentals we saw in our business this past year continued into the first quarter of 2024."

Open Flip
Why ResMed Stock Is Soaring Today

Why ResMed Stock Is Soaring Today

Shares of ResMed (NYSE: RMD) had soared 16.2% higher as of 11:50 a.m. ET on Friday. The big jump came after the healthcare technology company reported results on Thursday evening for its fiscal 2024 third quarter, which ended March 31.For the quarter, ResMed reported revenue of $1.2 billion, up 7% year over year, and earnings per share of $2.04, based on generally accepted accounting principles.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon