Fri, Nov 11, 2022 7:40 PM
Tata-backed Cult.fit’s loss widens marginally to ₹681 crore in FY22
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Restaurant Brands Asia’s consolidated net loss widened in March quarter to Rs 92 crore from Rs 80 crore a year ago, the Burger King and Popeyes operator said on May 16. Revenue came in at Rs 597.1 crore, rising 16 percent, the quick service restaurant chain said in a regulatory filing on May 16.Earnings before interest, tax, depreciation and amortization (EBIDTA) for the quarter was at Rs 69.24.
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Walmart (WMT) wowed Wall Street yet again, causing shares to jump nearly 7% in pre-market trading.For its fiscal 2025 Q1, America's biggest retailer posted revenue of $161.51 billion, higher than the $159.58 billion expected, while adjusted earnings per share also came in higher at $0.60, compared to estimates of $0.53.CEO Doug McMillion called it a "great quarter" in the release .
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It’s official at last: the Age of Bogle is over.A half-century after John “Jack” Bogle founded Vanguard Group, the roughly $9 trillion fund giant is doing what once would’ve been unthinkable: hiring an outsider as its chief executive officer. And from archrival BlackRock Inc., no less.To many, the House of Bogle handing the reins to Salim Ramji, a longtime BlackRock executive once considered.
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