US equities end higher; Asian markets follow suitThe S&P 500 and the Nasdaq composite indexes closed at record levels on Friday as investors looked ahead to a key European election. Asian shares traded higher in early Monday trade following the landslide victory of Emmanuel Macron in the French polls on Sunday, with the Nikkei share average hitting its highest level since December 2015. Pfizer Q4 net profit falls 22% to Rs68 croreDrug firm Pfizer Ltd reported a 21.98% dip in its standalone net profit at Rs68.04 crore for the fourth quarter ended 31 March 2017. IRB InvIT IPO fully subscribed on final dayIRB Infrastructure Developers Ltd’s infrastructure investment trust (IRB InvIT) fund was subscribed 8.57 times on the final day of its initial public offering (IPO), according to data from stock exchanges. Earnings cornerABB, Canara Bank, Union Bank of India are among the companies that will be announcing their March quarter earnings today.

Source: Mint May 08, 2017 02:26 UTC