x min read

Hot Alert: Office Depot Inc (NASDAQ:ODP), ConocoPhillips (NYSE:COP), HDFC Bank Limited (ADR) (NYSE:HDB), Sasol Limited (ADR) (NYSE:SSL), ICICI Bank Ltd (ADR) (NYSE:IBN)

Hot Alert: Office Depot Inc (NASDAQ:ODP), ConocoPhillips (NYSE:COP), HDFC Bank Limited (ADR) (NYSE:HDB), Sasol Limited (ADR) (NYSE:SSL), ICICI Bank Ltd (ADR) (NYSE:IBN)
Written by
Charles Donlon
Published on
November 14, 2014
Copy URL
Share on LinkedIn
Share on Reddit
Share on Twitter/X
Share on Facebook
InsidrFinancial

Office Depot Inc (NASDAQ:ODP) announced its extended Black Friday store hours, allowing shoppers to get a head start on their Black Friday shopping weekend. Opening earlier than last year and featuring the lowest prices ever on select products, Office Depot and OfficeMax retail stores will be open from 6-9 p.m. local time on Thanksgiving Day, Nov. 27, and will re-open on Black Friday, Nov. 28, at 8 a.m. with even more doorbuster deals.ConocoPhillips (NYSE:COP) said its third-quarter earnings grew 9% on increased oil and gas production, despite a drop in selling prices. The exploration and production company has been selling noncore assets to focus on those with higher returns, such as U.S. shale formations, which have been fueling a drilling boom. Like many energy companies in the U.S., ConocoPhillips is focusing the largest part of its investment on oil rock formations in North Dakota and Texas.The long-pending proposal of HDFC Bank Limited (ADR) (NYSE:HDB) to hike overseas holding may be taken up by the Foreign Investment Promotion Board (FIPB) in its meeting tomorrow. HDFC Bank's proposal is expected to come up for consideration in the next meeting, sources said.South African chemical and energy company Sasol Limited (ADR) (NYSE:SSL) recently announced plans to build an $8.1 billion ethane cracker and derivatives complex at its existing site in Lake Charles, La.Private sector lender ICICI Bank Ltd (ADR) (NYSE:IBN) raised 600 million yuans from the Chinese debt market (Dim Sum bonds) or a little over $ 95 million, at a coupon of 4 per cent, merchant banking sources said here this evening.

Discover Hidden Gems

Don't miss the next big opportunity. Subscribe for timely alerts on potential market movers.