Deutsche Bank starts bullish Kongsberg coverage on missile growth

By Pratigya Vajpayee and Subhadip Sircar   The rupee’s rebound from near a record low, after the Reserve Bank of India mounted its most aggressive defense of the currency since 2013, has bought the currency some time but at a steep cost.  The RBI has sought to curb speculative dollar demand and steer oil companies’…

Eurozone Sentix confidence falls in October as recovery optimism starts to fade !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}

Jumbo lending credit retreated last month, pulling down overall availability of a leading home loan product index, according to the newest report from the Mortgage Bankers Association.  Processing Content On the ground, though, some lenders find certain large-balance transactions proceeding as usual, with data suggesting highly regional variations in today’s housing market, while borrowers might…

One of Canada’s only pure-play healthcare real estate investment trusts is activating itself south of the border. Vital Infrastructure Property Trust acquired the 140,000-square-foot medical office at 101 Pennsylvania Avenue in Brooklyn’s East New York neighborhood for $89 million, Crain’s reported. The acquisition works out to more than $635 per square foot. The seller was…

Porsche plans another 5,000 job cuts, German media report

Key Points SoFi’s product innovation is likely a big driver of its customer additions and revenue growth. Although credit risk is always present for banks, this company’s booming profitability should alleviate investor concerns. At a forward price-to-earnings ratio of 21, SoFi shares are just slightly more expensive than the S&P 500 index. 10 stocks we…