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Stock Market & Financial Investment News

News Breaks
February 8, 2013
05:58 EDTMMYTMakeMyTrip reported Q3 adjusted EPS (7c) vs. 8c a year ago
Reported Q3 revenue $63.83M vs. $53.81M a year ago. The company maintained its FY13 revenue less service costs growth guidance in the range of 13%-16% on a constant currency basis. The guidance is based on average actual Indian Rupee to U.S. Dollar exchange rate of 48.23 for full FY12. On a U.S. dollar basis, MakeMyTrip maintained its revenue less service cost guidance in the range of $89M-$91M based on the current Q3 average exchange rate of INR 54 to a U.S. Dollar. Earnings were reported yesterday morning.
News For MMYT From The Last 14 Days
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April 15, 2014
10:00 EDTMMYTOn The Fly: Analyst Initiation Summary
Allscripts (MDRX) reinstated with an Outperform at Raymond James... Amber Road (AMBR) initiated with a Buy at Canaccord... Autonation (AN) coverage assumed with a Market Perform at Wells Fargo... BG Group (BRGYY) initiated with an Outperform at BMO Capital... Borderfree (BRDR) initiated with a Buy at Canaccord... Dean Foods (DF) initiated with a Buy at BB&T... Destination XL (DXLG) initiated with a Buy at Ascendiant... Group 1 Automotive (GPI) coverage assumed with a Market Perform at Wells Fargo... Halozyme (HALO) initiated with a Buy at Citigroup... MakeMyTrip (MMYT) initiated with a Neutral at Goldman... Penske Automotive (PAG) coverage assumed with a Market Perform at Wells Fargo... RPM (RPM) initiated with an Outperform at Wells Fargo... RSP Permian (RSPP) initiated with a Buy at KLR Group... Repligen (RGEN) initiated with a Buy at Jefferies... Spansion (CODE) initiated with a Buy at Sterne Agee... Statoil (STO) initiated with a Market Perform at BMO Capital... TPG Specialty Lending (TSLX) initiated with a Buy at BofA/Merrill... Versartis (VSAR) initiated with a Buy at Citigroup... WWE (WWE) initiated with a Buy at Needham... WebMD (WBMD) reinstated with a Strong Buy at Raymond James.
09:06 EDTMMYTMakeMyTrip initiated with a Neutral at Goldman
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