Author: Lucas

Advisors are competing with low-cost ETF bundles and under pressure to show value, but BNK Invest believes it has the ideal solution to capitalize on an under appreciated security. This article was produced in partnership with BNK Invest. For financial advisors seeking to carve out a niche or distinguish themselves amid the proliferation of low-cost, index-tracking ETFs, BNK Invest believes it offers an invaluable tool for the discerning professional. As advisors face mounting pressure to provide more granular asset allocation and portfolio construction—demonstrating value, justifying fees, and working more closely with clients—preferred stocks remain an underutilized security. Typically considered a…

PI Industries reported results for the September quarter on Tuesday, November 11, after market closing hours, which were lower on a year-on-year basis for most parameters, but better than what was anticipated in a CNBC-TV18 poll.Revenue for the quarter declined by 15.7% to ₹1,872.3 crore from the ₹2,221 crore it reported during the same quarter last year. A CNBC-TV18 poll had projected the figure to be ₹1,810.5 crore.Net profit for the quarter stood at ₹409.3 crore, higher than the ₹358 crore expectation, but 19.4% below the ₹508.2 crore figure it reported during the same quarter last year. PI Industries’ Earnings…

Sandyford Properties, a multi-let industrial property company, has let a unit at Manor Point, a mixed-use business park in Holmes Chapel, to HoodTech. HoodTech, a business specialising in convertible car roof repairs, has taken a unit comprising 5,808 sq ft of industrial and trade counter space at Manor Point on a 10-year lease. Stoke-on-Trent-based Sandyford acquired seven units, totalling 28,071 sq ft, at the business park in June 2025, broadening the company’s existing portfolio in Cheshire as it continues to expand its pre… You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number…

Texas Tech’s bank account is the college football storyline that keeps on giving.In February, the team released a glitzy video tour of its new, $242 million football facility, including “a spot for our Big 12 trophy.” That came on the heels of a lavish transfer-portal haul bought with top-dollar name, image and likeness deals, much of it funded by ambitious, oil-rich megadonors. The Red Raiders spent north of $25 million on their football roster this season, and — unlike most other programs when it comes to talking money — weren’t shy about it.Coming from a program that has never appeared…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Elliott Management, one of the world’s most prominent activist investors, has taken a significant stake in Toyota Industries, putting itself in the middle of one of the world’s largest and most controversial take-private attempts. Toyota Industries, which makes forklifts, car parts and textile looms, disclosed in a filing on Tuesday that Elliott had taken a stake of more than 3 per cent by the end of September. That position, say people familiar with the matter, has since increased to just under 5 per cent.…

All but two Indian refiners have skipped placing orders for Russian crude for December after the U.S. sanctioned Russia’s top oil producers, Rosneft and Lukoil, sources with knowledge of the purchases told Bloomberg on Tuesday. India’s refiners, which have come to rely on cheap Russian crude in the past three years, have withdrawn from the December purchasing window which typically closes by November 10.   Five large refiners, including state-owned Bharat Petroleum Corporation Limited (BPCL), Hindustan Petroleum Corporation Limited (HPCL), and Mangalore Refinery and Petrochemicals Limited (MRPL), and private firms Reliance Industries Ltd and HPCL-Mittal Energy Ltd, have not requested any Russian crude…

Wall Street took a sigh of relief after the U.S. Senate took measures to resolve the prolonged government shutdown. The move was seen as a key step toward restoring access to official data that had been delayed during the closure. With a potential resolution in sight, investors expected the return of important economic indicators that would guide expectations on inflation, employment and the Federal Reserve’s next actions.Reflecting this renewed optimism, the major U.S. stock indexes surged. The S&P 500 rose 1.5% to 6,832.43, while the Nasdaq Composite gained 2.3% to 23,527.17, and the Dow Jones Industrial Average increased 0.8% to…

By DAVID BARRETT, HOME AFFAIRS EDITOR Published: 14:48, 11 November 2025 | Updated: 16:10, 11 November 2025 The Home Office has an ‘inadequate focus’ on saving taxpayers’ money, its top civil servant has admitted.The department’s permanent secretary Dame Antonia Romeo also confirmed she had identified areas of ‘siloed working’ and a ‘lack of accountability’ since she took over in April.Dame Antonia’s admissions came in a letter to the Commons’ home affairs select committee which last week published a damning report which found the Home Office had ‘squandered’ billions of pounds on asylum hotels.Cross-party MPs blasted the department’s ‘incompetence’ over its…

Deep-pocketed investors have adopted a bearish approach towards Cloudflare (NYSE:NET), and it’s something market players shouldn’t ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in NET usually suggests something big is about to happen.We gleaned this information from our observations today when Benzinga’s options scanner highlighted 15 extraordinary options activities for Cloudflare. This level of activity is out of the ordinary.The general mood among these heavyweight investors is divided, with 6% leaning bullish and 46% bearish. Among these notable options, 3 are…

LOS ANGELES — The MLB offseason is officially underway, and as expected, free agency has opened with more anticipation than action. Unlike the frantic early signing periods seen in the NFL and NBA, baseball’s winter market is slow to heat up — even if early conversations may already be quietly happening behind the scenes.Among this year’s top pitching targets, one name stands out for bullpen-hungry contenders: elite closer Edwin Díaz. And according to new odds posted by BetOnline.ag, the Los Angeles Dodgers are the favorites to sign him, listed at 5/2 (+250).AdvertisementThe Dodgers have made bullpen upgrades a priority in…