Markets

Investor’s Reading List: June 6, 2020

| Updated on June 06, 2020 Published on June 06, 2020

Catch up on the most relevant stories for investors from BL for the week, with this curated list.

Jobs rebound

The US labour market saw a sharp rebound in jobs in May from Covid depressed lows.

https://www.thehindubusinessline.com/news/world/us-labour-market-unexpectedly-improves-recovery-years-away/article31761109.ece?utm_source=udmprecommendation_gold&utm_medium=rightbar&transactionId=fI9Ukxqgh6719g5IVkNaIbm1jeGyUap7

Profit jump

One-time gains and lower provisions propped up SBI profits.

https://www.thehindubusinessline.com/money-and-banking/sbi-q4-net-profit-jumps-four-fold-to-3581-crore/article31756822.ece?utm_source=udmprecommendation_logistics&utm_medium=rightbar&transactionId=WwS8mpVqt3uK8dX8k4yDTmOhEWhSYnm0

Bye bye market

Hexaware Tech’s promoters are seeking to delist the company

https://www.thehindubusinessline.com/markets/stock-markets/hexaware-tech-promoters-offer-285share-for-delisting/article31760094.ece

Starting up

L&T has seen 60-70% of its labour resume operations.

https://www.thehindubusinessline.com/companies/despite-strong-order-book-lts-q4-profit-declines-65-to-3197-crore/article31760499.ece?utm_source=udmprecommendation_money-and-banking&utm_medium=rightbar&transactionId=8Pt3hj4blCaNHNHGQeaucnEnXIzlRFGJ

Open offer

CVC Capital is making an open offer for HCG shares.

https://www.thehindubusinessline.com/markets/stock-markets/cvc-capital-makes-revised-open-offer-at-130share-to-healthcare-global-enterprises-shareholders/article31746716.ece?utm_source=udmprecommendation_people-at-work&utm_medium=rightbar&transactionId=jObzPigmgVMVXYU3jVzbMmDE4G6xAUUb

Published on June 06, 2020
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