Known as golden parachutes, such payments are commonplace in corporate America and are intended to incentivize management to sell a company even if it means ending their own employment.
Asian shares rally as markets wager on Fed pivot; US inflation in focus
The recent buoyancy in sentiment also owe much to comments from more Fed officials suggesting rates there may have peaked, which triggered a welcoming pullback in Treasury yields.
Gold firm ahead of US CPI data on cautious Fed approach
Fed Governor Christopher Waller on Wednesday said higher market interest rates may help the Fed slow inflation, and let the central bank “watch and see” if its own policy rate needs to rise again or not.
3 data points that set the stage for CIO panel at Moneycontrol MF Summit
The theme for the CIO panel is: Where to find alpha: Simmering economy, sizzling small-caps, stretched valuations.Taking Stock: Market extends gains with Nifty above 19,800; Sensex rises 394 points
Except for PSU Bank, all other sectoral indices ended in the green with auto, FMCG, metal, pharma, power, oil gas and realty up 0.5-1 percentMid-Day Mood | Indices retain gains on upbeat global equities; Nifty firm above 19,800
Sectorally, Nifty Auto index was the top gainer with Maruti Suzuki, Tata Motors, MM, Bajaj Auto and Eicher Motors shares up to half a percent.Exxon in talks to pay over $250 per share for Pioneer
An all-stock deal could be announced as soon as Wednesday, the person said.
Oil little changed as Middle East supply concerns fade
Brent and WTI surged more than $3.50 on Monday as the military clashes raised fears that the conflict could spread beyond Gaza, but settled lower in Tuesday’s session.
Dollar loses steam ahead of Fed meeting minutes, US inflation test
Atlanta Fed Bank President Raphael Bostic said on Tuesday the central bank did not need to raise borrowing costs any further, and Minneapolis Fed President Neel Kashkari followed with similar remarks later in the day.
Taking Stock: Market bounces back; Sensex zooms 567 points, Nifty closes in on 19,700
Coal India, Bharti Airtel, Adani Ports, Hindalco Industries and Adani Enterprises were among the top gainers on the Nifty