Latest news with #Exchanges


India.com
27-06-2025
- Business
- India.com
Shares of THIS company rebound in green after 3 consecutive days of fall, check details here
शेयर बाजार भी पाकिस्तान से कई गुना बड़ा Shares of Krishival Foods, which have been falling for three days of fall, gained on Friday, June 27, 2025, amid muted trends in the stock market. Despite the overall market conditions, the stock opened in the green at Rs 404 on the BSE against the previous close of Rs 400.40. It gained further to touch the high of Rs 409. Last seen, it was trading at Rs 403. The 52-week high of the stock is Rs 435.50, which June 23, 2025. The stock hit its 52-week low of Rs 386.50 on June 26, 2025. On the NSE, the counter started the session at Rs 405 and touched a high of Rs 413. Stock Status The stock has gained following its extraordinary general meeting that took place on Thursday, 26 June 2025. At this meeting, the company discussed and approved several key decisions, including the closure of the trading window in connection with the unaudited financial results for the quarter ended June 30, 2025, which the company has also informed exchanges about. 'The Trading Window for dealing in the Company's Equity Shares will remain closed from Tuesday, July 01, 2025 for all Designated Employees of the Company…The Trading Window will open 48 hours after the said financial results are declared to the Stock Exchanges,' the filing reads. Who are the major gainers: Benchmark indices Sensex and Nifty began the trading session on an optimistic note on Friday amid fresh foreign fund inflows and a rally in the US markets. Rallying for the fourth day running, the 30-share BSE Sensex climbed 229. 22 points to 83,985.09 in early trade. The 50-share NSE Nifty went up 73. 5 points to 25,622. 50. From the 30-Sensex firms, Larsen & Toubro, Tata Steel, State Bank of India, Tata Motors, HCL Tech, and Bharat Electronics were among the major gainers. Bajaj Finserv, HDFC Bank, Bajaj Finance, and Kotak Mahindra Bank were among the laggards.


Newsweek
23-06-2025
- Health
- Newsweek
Trump Administration Says Health Insurance Move Will Save $12 Billion
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. The Centers for Medicare & Medicaid Services (CMS) has announced it is in the final stages of implementing a new rule that it says will "lower individual health insurance premiums" by 5 percent on average. CMS said the move is expected to save American taxpayers up to $12 billion in 2026, by "combating the surge of improper enrollments in the Affordable Care Act (ACA) Exchanges." Concern has been raised by some that these new measures will push many Americans off their health coverage. "They will indeed save government money, but only by throwing off the ACA rolls millions of individuals who deserve to be on," Jonathan Gruber, a professor of economics at Massachusetts Institute of Technology, told Newsweek. Newsweek has contacted CMS via email for comment. Why It Matters According to a CMS release, the new rules are being brought in to tackle "waste, fraud and abuse" in health insurance markets—an issue that is at the forefront of the Trump administration's policies. A Government Accountability Office (GAO) report from 2024 found that $100 billion was discovered in "improper payments" in 2023 across the Medicare and Medicaid programs. While wasteful spending in health insurance markets has been targeted by the administration to lower the tax burden for Americans, critics are concerned that sweeping cuts and changes will only push many off health coverage, subsequently driving up costs in the long-term. File photo: a Department of Health and Human Services form proposed for use to apply for low-cost insurance from Medicaid or the Children's Health Insurance Program. File photo: a Department of Health and Human Services form proposed for use to apply for low-cost insurance from Medicaid or the Children's Health Insurance Program. J. David Ake/AP What To Know The new regulation, known as the 2025 Marketplace Integrity and Affordability Final Rule, will target "improper enrollments" in the Affordable Care Act (ACA) Exchanges via a number of measures. It would repeal the monthly special enrollment period (SEP) for individuals with household incomes at or below 150 percent of the federal poverty level, which CMS called was a kind of loophole for unauthorized enrollments. The policy has been "used by some agents and brokers to improperly enroll ineligible consumers and perform unauthorized plan switching to gain commissions," CMS said. Income verification will now be required for most new and auto-renewed enrollments receiving premium subsidies to "ensure people qualify for the premium subsidies they receive," CMS added. There will also be additional eligibility requirements for the majority of enrollments through SEPs, in order to close "loopholes that allowed people to wait to enroll until they needed care," CMS said. In addition, the rule will reduce advanced payments of the premium tax credit (APTC) by $5 a month for auto-renewed plans without eligibility verification. Most of these policy changes are temporary and will expire after the 2026 plan year—they are simply being used as measures to "immediately tamp down on improper enrollments and the improper flow of federal funds," according to CMS. Experts have warned about the impact these measures could have on Americans, with Timothy S. Jost, a professor of law at Washington and Lee University telling Newsweek, "as many as 1.8 million people could lose ACA coverage." "This is an addition to the 4.2 million who will lose coverage because the Congress is not extending the enhanced premium tax credits that were adopted during the Biden administration," he added. Additional actions being made by CMS in regard to ACA Exchanges include a move to ensure federal ACA subsidies will no longer be available "to help cover the cost of specified sex-trait modification procedures to align an individual's physical appearance or body with an asserted identity that differs from the individual's sex." What People Are Saying Jonathan Gruber, a professor of economics at Massachusetts Institute of Technology, told Newsweek: "This is classic doublespeak. These actions will throw millions of people off the ACA rolls by setting up arbitrary administrative barriers that make it hard to enroll." He added: "There is undoubtably fraud in ACA exchange enrollment. But this is a blunt solution that will remove many deserving enrollees for every undeserving enrollee and lead to hardship for millions." Timothy S. Jost, a professor of law at Washington and Lee University, told Newsweek: "The rules that have just been published will dramatically reduce enrollment in the health insurance exchanges by creating barriers to enrollment leaving many people uninsured. The rules are likely to increase premiums rather than reduce them because the added bureaucratic barriers to enrollment will discourage healthy individuals from enrolling and those covered will be much sicker and more costly. To the extent that rules do reduce premiums for some, it will be primarily because the policies they will be buying will be of lower value, with higher deductibles and co-payments and because the premium tax credits they receive will be reduced." He added: "The rule may reduce government expenditures, but simply because it reduces the number of Americans covered and the value of their coverage. There has been some fraud by brokers in the federal marketplace but this was already being addressed by excluding fraudulent brokers." Robert F. Kennedy Jr., U.S. Health and Human Services Secretary, said: "We are strengthening health insurance markets for American families and protecting taxpayer dollars from waste, fraud, and abuse. With this rule, we're lowering marketplace premiums, expanding coverage for families, and ensuring that illegal aliens do not receive taxpayer-funded health insurance." Dr. Mehmet Oz, CMS Administrator, said: "CMS is restoring integrity to ACA Exchanges by cracking down on fraud, protecting American taxpayer dollars, and ensuring coverage is there for those who truly need it. This is about putting patients first, stopping exploitation of the system, and realigning the program with the values of personal responsibility and fiscal discipline." What Happens Next The finalized policies will apply to plan years 2025 and 2026, after which they are set to expire.


Globe and Mail
28-05-2025
- Business
- Globe and Mail
Zacks Industry Outlook Highlights Intercontinental Exchange, CME Group, Nasdaq and Cboe Global Markets
For Immediate Release Chicago, IL – May 28, 2025 – Today, Zacks Equity Research discussesIntercontinental Exchange ICE, CME Group CME, Nasdaq Inc. NDAQ and Cboe Global Markets CBOE. Industry: Securities & Exchanges Link: A compelling and diversified product portfolio helps drive the revenues of Zacks Securities and Exchanges industry players. A rise in trading volumes, product expansion through prudent acquisitions and the increased adoption of a greater number of crypto assets are expected to benefit Intercontinental Exchange, CME Group, Nasdaq Inc. and Cboe Global Markets. Increased focus on accelerating their non-trading revenue base, which comprises market technology, listing and information revenues, infuses dynamism in the business profile of the industry players. Given his crypto favoritism, the industry is expected to get an impetus from Trump's second term. The sector is also witnessing increased retail trading. However, alterations in investment patterns and priorities and compliance with regulations pose challenges. With the increasing digitization of financial markets, cyber threats and data breaches continue to pose serious risks. About the Industry The Zacks Securities and Exchanges industry comprises companies that operate electronic marketplaces, which facilitate the buying and selling of stocks, stock options and bonds or commodity contracts. The companies facilitate trading across a diverse range of products in multiple asset classes and geographies. The companies generate revenues from fees received from the listed companies on their exchanges. They also provide a range of data and listing services to global financial and commodity markets, including pricing and reference data, exchange data, analytics, feeds, index services, investments, risk management, desktops, and connectivity solutions, as well as corporate and ETF listing services, on the cash equity exchanges of the industry players. The industry is witnessing increased adoption of crypto assets. Yet, industry players have to comply with a number of regulations 3 Trends Shaping the Future of the Securities and Exchanges Industry Volatility Fueling Trading Volume: The players in the industry are largely dependent on product and service portfolios for revenues. Major services include trade execution, clearing, settlement services for securities and commodity contracts, listing services plus trading, and clearing systems services. Sustainable trading volume growth, driven by trading volatility, fuels transaction and clearing fees (a major component of the top line of industry players). With Trump's second term, a pro-crypto environment and easing regulatory control, trading is expected to increase, which should drive higher fees. The maximization of transaction and clearing fees and the lowering of transaction-based expenses drive profits. Other revenue sources include data products and financial indexes, along with information and public company services. Increasing focus on accelerating the non-trading revenue base, which includes market technology, listing and information revenues, infuses dynamism in the business profiles of the industry participants. Per technavio, the securities exchanges market in 2028 is expected to reach $49.6 billion at a five-year CAGR of 12.1%, given increasing demand for various investment opportunities. Also, the increased adoption of cryptocurrencies like Bitcoin and Ethereum, among others, is a boon. Mergers and acquisitions: The industry is witnessing a continued surge in mergers and acquisitions, as companies aim to boost their organic growth through strategic partnerships or the acquisition of complementary businesses and technologies. These initiatives enable organizations to break into untapped markets, launch new products or services and enhance the value of their platforms and trade-related activities. Reports indicate that stablecoin issuer Circle is exploring a possible sale to either COIN or Ripple. In a recent move, COIN agreed to acquire Deribit, reinforcing its foothold in the derivatives segment. Such strategic buyouts are instrumental in broadening product portfolios—an essential driver of growth—and support companies in maintaining domestic market share while extending their global reach. Deloitte notes that exchanges are also turning to consolidation in response to shifting technological, legal, and competitive dynamics. Continuous Investment in Technology: Industry players continue to invest heavily in technological development. Focus on building a strategic economic market model via technological advancements and upgrades of products and services, AI in particular, will help all exchanges stay afloat amid changing industry dynamics. They are increasingly integrating artificial intelligence (AI) and blockchain technology. In recent years, the players have launched a number of innovative technologies that rely on machine learning, automation and algorithms designed to improve trading decisions while reducing trading inefficiencies, cyber threats and human errors, thus accelerating trading frequency. Players are also investing in automating non-trading operations that have an important part in revenue generation for the companies. Zacks Industry Rank Indicates Bright Prospects The Zacks Securities and Exchanges industry is housed within the broader Zacks Finance sector. It carries a Zacks Industry Rank #10, which places it in the top 4% of the 251 Zacks industries. The group's Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, reflects encouraging near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperforms the bottom 50% by a factor of more than 2 to 1. The industry's positioning in the top 50% of the Zacks-ranked industries is a result of a positive earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts have been gaining confidence in this group's earnings growth potential. Estimates for 2025 have increased 8.5% in a year. Before we present a few securities and exchanges stocks worth considering for your portfolio, let's take a look at the industry's recent stock-market performance and valuation picture. Industry Outperforms Sector and S&P 500 The Zacks Securities and Exchanges industry has outperformed the broader Zacks Finance sector as well as the Zacks S&P 500 composite year to date. The industry has gained 17.3% compared with the broader sector's increase of 3.9%. In contrast, the Zacks S&P 500 composite has declined 1.8% in the said time frame. Industry's Current Valuation On the basis of trailing 12-month price-to-earnings (P/E), which is commonly used for valuing exchange stocks, the industry is currently trading at 24.69X compared with the S&P 500's 21.36X and the sector's 16.03X. Over the last five years, the industry has traded as high as 27.94X, as low as 19.02X and at the median of 22.45X. 4 Securities and Exchanges Stocks to Keep an Eye On We are presenting three Zacks Rank #2 (Buy) stocks and one Zacks Rank #3 (Hold) stock from the Securities and Exchanges industry. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Intercontinental Exchange: This Atlanta, GA-based company is a leading global operator of regulated exchanges, clearing houses and listings venues and a provider of data services for commodity, financial, fixed-income and equity markets. Its compelling portfolio, expansive risk-management services, strategic buyouts and a solid balance sheet bode well. It is the second-largest global fixed-income provider. This Zacks Rank #2 company, with the largest mortgage network across the United States, remains well-positioned to benefit from accelerated digitization in the U.S. residential mortgage industry. The Zacks Consensus Estimate for Intercontinental Exchange's 2025 and 2026 EPS indicates a year-over-year rise of 14.3% and 10.7%, respectively. The expected long-term earnings growth rate is pegged at 13.3%, better than the industry average of 9.8%. The consensus mark for 2025 and 2026 earnings has moved 3 cents north each in the past seven days. CME Group: Headquartered in Chicago, IL, CME Group is the largest futures exchange in the world in terms of trading volume as well as notional value traded. Efforts to expand future products in emerging markets, non-transaction-related opportunities, OTC offerings, cross-selling through alliances, strong global presence and solid liquidity should drive this company's growth. The Zacks Consensus Estimate for this Zacks Rank #2 company's 2025 and 2026 EPS indicates a year-over-year increase of 8.7% and 3.3%, respectively. It came up with a four-quarter average earnings surprise of 1.7%. The expected long-term earnings growth rate is pegged at 6.6%. The consensus mark for 2025 has moved 0.6% north in the past 30 days, while the same for 2026 earnings has witnessed no movement. Cboe Global Markets: Based in Chicago, IL, Cboe Global is one of the largest stock exchange operators by volume in the United States and globally for ETP trading. This Zacks Rank #2 stock is poised for growth, given an expanding product line across asset classes, broadening geographic reach and a diversifying business mix with recurring revenues and technology. The Zacks Consensus Estimate for the company's 2025 and 2026 EPS indicates a year-over-year increase of 9.8% and 6.2%, respectively. The expected long-term earnings growth rate is pegged at 10.5%, better than the industry average. The consensus mark for 2025 and 2026 earnings has moved 1.1% and 0.5% north in the past 30 days. It came up with a four-quarter average earnings surprise of nearly 2%. Nasdaq: Headquartered in New York, Nasdaq is a leading provider of trading, clearing, marketplace technology, regulatory, securities listing, information, and public and private company services. Its strategy of accelerating its non-trading revenue base, successfully maximizing opportunities as a technology and analytics provider, and growing core marketplace businesses, as well as intensifying its focus on Market Technology and Information Services businesses, should continue to drive this Zacks Rank #3 stock. The Zacks Consensus Estimate for 2025 and 2026 earnings per share indicates an increase of 13.1% and 11.7%, respectively, year over year. NDAQ came up with a four-quarter average earnings surprise of 3.33%. The expected long-term earnings growth rate is pegged at 12.1%, better than the industry average. The consensus mark for 2025 and 2026 earnings has moved 1 cent and 3 cents north, respectively, in the past 30 days. Why Haven't You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers displayed in this press release. Only $1 to See All Zacks' Buys and Sells We're not kidding. Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent. Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators, and more, that closed 256 positions with double- and triple-digit gains in 2024 alone. See Stocks Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intercontinental Exchange Inc. (ICE): Free Stock Analysis Report CME Group Inc. (CME): Free Stock Analysis Report Nasdaq, Inc. (NDAQ): Free Stock Analysis Report Cboe Global Markets, Inc. (CBOE): Free Stock Analysis Report This article originally published on Zacks Investment Research (
Yahoo
24-05-2025
- Entertainment
- Yahoo
Nobu Hotels Amp Up Fashion and Design Services
Room service is a given at most hotels, but now the Nobu Hotel Barcelona is adding 'dress service' to its menu. Through an alliance with the Spanish start-up Trent, guests will be able to rent or buy designer clothing, accessories and jewelry from well-known brands and emerging Spanish ones. Starting Monday, overnighters can scan a QR code to place an order or connect with the company via WhatsApp with specific questions. Their choices will be delivered to the hotel within an hour. After the garments are worn, guests leave them with the concierge, who will see to it that they are returned. Trent also has a new showroom in Barcelona for those who want to try on their rentals beforehand. More from WWD Chantecler Embarks on Capri-to-Alicudi Boat Ride With Artistic Collab Step Inside Van Cleef & Arpels' First Store in Florence Gucci Names New President for EMEA Region As is the case with the other 18 Nobu Hotels, the Barcelona locale aims to ingrain itself with the local community. Lorna Turnbull, director of marketing, said, 'For us, that is so important. Nobu is a worldwide and powerful brand. But it's been fun, discovering how we can cement Nobu into each place to give each hotel and restaurant a real link to where we are.' Nobu Hotels was created by the famed chef Nobu Matsuhisa, Robert De Niro and Meir Teper with a spotlight on creating a sense of place with refined service. Nobu Hotel Barcelona is located near the Montjuïc neighborhood, where several museums are based including the Joan Miró Foundation, which will celebrate its 50th anniversary from June through March. The exhibition 'Exchanges: Miró and the United States' highlighting how American artists like Mark Rothko, Jackson Pollock and Louise Bourgeois were influenced by Miró will be part of those festivities. For the Barcelona property, design is also being infused through a new walking tour. And at its San Sebastian 20-room retreat, there is a Balenciaga Experience that whisks travelers to the Balenciaga Museum. The Trent concept was created partially due to airlines' scaling back on passengers' baggage allowances, especially European carriers. Another incentive was driven by the many visitors who travel to Barcelona for specific events like music festivals and want to have a certain look. Access to Trent's rentals is meant to make packing easier and the chance to discover designers, whom they might not be familiar with. It is also a more sustainable option than buying an outfit that they would never wear again, Turnbull said. Nobu Hotel Barcelona liked the idea of supporting Trent's founders Laia Cusco and Alejandro Assens, and the prospect appealed to the hotel's client base, who tend to be slightly younger guests who are more into fashion and events, according to Turnbull. 'Tourism for live events is booming,' she said. Guests who are in the city for extended stays can also arrange for monthly rentals through Trent. The capital city location is one of 19 Nobu Hotels, and more are in the pipeline through 2030. Rome and Toronto openings are slated for this year, followed by Madrid, Lisbon and possibly some of the Middle East locales are expected to bow next year. Bangkok, Vietnam and other outposts in Asia are being planned. Next month, Nobu Hotel Barcelona will host the opening party for Off Sónar and it will welcome popular DJs like Elrow and DJ Tennis to headline events on specific nights. The tie-in with DJ Tennis, who is a 'big foodie,' will include his 'Munchietown' cooking club, as that aligns with Nobu's culinary reputation. Through a partnership with Barcelona Fashion Week, the property periodically has pop-up shops. In advance of Barcelona becoming the UNESCO World Capital of Architecture next year, which will coincide with the centennial anniversary of the death of the city's prized architect Antoni Gaudí, Nobu Hotel Barcelona hotel has teamed up with Barcelona Design Tours. The end result is a walking tour of the Sants neighborhood, which used to be a separate village before it was absorbed by the city. The area once housed many factories and helped to start the trade unionism movement, but it has evolved from being an industrial heartland. This summer locals will show off their style, as in years past, by having neighbors get together to decorate their respective streets in a theme for a competition that is part of the annual Sants Festival. On another front, the Nobu Hotel San Sebastian has partnered with the Balenciaga Museum in Getaria to offer guests guided tours. With 7,000 archival pieces, the museum's current exhibition 'Cristóbal Balenciaga: Technique, Material and Form' features interviews with former seamstresses who are now in their 90s. 'They talk about the experiences working for him in San Sebastian and some worked with him in Paris. They say how meticulous he was,' Turnbull said. 'One said, 'The doors closed at nine. And if you were late, you didn't get to work. So we would go to the beach.'' Ever intent on giving a global brand a sense for the city that is in, Nobu Hotel San Sebastian will be offering flower workshops to the public with a local florist and yoga classes with a local yoga instructor. The property has also teamed up with the Basque Culinary Center, which trains people and promotes Basque gastronomy. When the center flies in some of the best chefs in the world for an event, they will be hosted in the hotel. Emphasizing the importance of having locals enjoy Nobu Hotels, Turnbull said, 'We want people to know that the hotel is part of the city and it's for them as well.' Best of WWD Model and Hip Hop Fashion Pioneer Kimora Lee Simmons' Runway Career Through the Years [PHOTOS] Salma Hayek's Fashion Evolution Through the Years: A Red Carpet Journey [PHOTOS] How Christian Dior Revolutionized Fashion With His New Look: A History and Timeline


Business Standard
15-05-2025
- Business
- Business Standard
NDA Securities Ltd
Pursuant to the Regulation 30 of the SEBI (LODR) Regulation 2015 and other applicable provisions we would like to inform you that the board in its meeting held today 12th May 2025 discussed and passed the following:1. consider and approve the appointment of Mr. Arvind Sharma as an additional Non- Independent Executive Director of the company and designated in the Stock Exchanges where company is a trading member i.e. BSE and NSE.2. consider and approve the appointment of Mr. Deepak Khurana as an additional Non- Independent Executive Director of the company and designated in the Stock Exchanges where company is a trading member i.e. BSE and NSE.