That’s according to new data from SEMrush, an analytics firm that measures Google searches. After news broke earlier this month that Macy’s plans to close 125 stores, SEMrush took a look at its internal data to see if there is a correlation between physical store closures and declining search interest. It turns out there is. It’s not a perfect measure, of course—Google search volume can be influenced many factors, including media coverage, stock movements, sales, or what have you. … [Read more...] about Retail apocalypse, Google addition: 7 legacy brands that are vanishing from our collective minds
"IRCTC is the only company authorised by Indian Railways to manufacture and sell packaged drinking water on railway stations and inside trains. The ‘Rail Neer’ packaged drinking water business provides a lot of revenue visibility. With more plants being set up, this segment will certainly drive the company’s topline," said Nirali Shah, Senior Research Analyst, Samco Securities. … [Read more...] about IRCTC rallies 500% since listing; is the end of the road near?
In a report on February 18, Macquarie said: "Even if entire Vodafone exposure to the bank is written off and say 50 percent of Gems and Jewellery book and 50 percent of real-estate book are written off, the total impact on net-worth is Rs 8,000 crore (adjusted for tax) or 15 percent of FY22E net-worth. This implies an adjusted P/BV of 1.8 times which we believe is still reasonable." … [Read more...] about IndusInd Bank shares jump 4%; Macquarie remains positive on stock
The company has historically been trading at 1 year forward P/E band of 16x. Its continued focus on its R&D efforts and tie-ups with global players to market and launch new innovative products along with cost optimisation efforts would drive its overall growth going forward.Disclaimer: The views and investment tips expressed by brokerages on moneycontrol.com are their own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. … [Read more...] about Brokerages initiate coverage on these 10 stocks in July, expect 17-46% returns
3:17 p.m. I call one of my most senior Farmgirl managers and do a two-hour download on the past week. This is the first major holiday I’ve ever been away on the busiest day of production, and I’m anxious to hear a full rundown of what went well and what didn’t. I’m definitely my own worst critic, but there were some bumps this holiday that I didn’t anticipate, so I take the phone call to heart. We always joke [at Farmgirl] that one day, we will be able to say we had a perfect holiday. We’re not there yet. This one went really well every day except one. … [Read more...] about Farmgirl Flowers CEO Christina Stembel normally sleeps just 4 hours per night