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German luxury car manufacturer Audi unveils Audi Q2

CIT Group Inc. Q3 adjusted earnings Beat Estimates

CIT Group Inc. (CIT) announced earnings for third quarter that dropped from the same period last year.

The company’s bottom line came in at $83 million, or $0.84 per share. This compares with $143 million, or $1.50 per share, in last year’s third quarter.

Excluding items, CIT Group Inc. reported adjusted earnings of $83 million or $0.84 per share for the period.

Analysts had expected the company to earn $0.11 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 4.4% to $474 million from $454 million last year.

CIT Group Inc. earnings at a glance:

-Earnings (Q3): $83 Mln. vs. $123 Mln. last year.
-EPS (Q3): $0.84 vs. $1.29 last year.
-Analysts Estimate: $0.11
-Revenue (Q3): $474 Mln vs. $454 Mln last year.

The Bank of New York Mellon Corp. Bottom Line Falls In Q3

The Bank of New York Mellon Corp. (BK) revealed earnings for third quarter that fell from last year.

The company’s earnings came in at $0.88 billion, or $0.98 per share. This compares with $1.00 billion, or $1.07 per share, in last year’s third quarter.

Analysts had expected the company to earn $0.94 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter fell 0.3% to $3.85 billion from $3.86 billion last year.

The Bank of New York Mellon Corp. earnings at a glance:

-Earnings (Q3): $0.88 Bln. vs. $1.00 Bln. last year.
-EPS (Q3): $0.98 vs. $1.07 last year.
-Analysts Estimate: $0.94
-Revenue (Q3): $3.85 Bln vs. $3.86 Bln last year.

Citizens Financial Group, Inc. Q3 Earnings Fall

Citizens Financial Group, Inc. (CFG) released a profit for third quarter that decreased from last year.

The company’s bottom line totaled $289 million, or $0.68 per share. This compares with $432 million, or $0.97 per share, in last year’s third quarter.

Analysts had expected the company to earn $0.74 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 9.1% to $1.79 billion from $1.64 billion last year.

Citizens Financial Group, Inc. earnings at a glance:

-Earnings (Q3): $289 Mln. vs. $432 Mln. last year.
-EPS (Q3): $0.68 vs. $0.97 last year.
-Analysts Estimate: $0.74
-Revenue (Q3): $1.79 Bln vs. $1.64 Bln last year.

Sensex rebounds 254 pts; banking, metal stocks take charge

After fighting bouts of volatility, the BSE Sensex closed 254.57 points or 0.64% higher at 39,982.98.

Indian equities on Friday recovered from the massive losses suffered in the previous session, with banking, metal and IT counters leading the rally.

After fighting bouts of volatility, the BSE Sensex closed 254.57 points or 0.64% higher at 39,982.98.

Intra-day, the 30-share benchmark swung over 426 points, touching the day’s peak at 40,125.71 and the lowest level at 39,700.

The NSE gauge Nifty settled 82.10 points or 0.70% up at 11,762.45.

On the Sensex chart, Tata Steel, HDFC Bank, Ultratech Cement, PowerGrid, ONGC, Kotak bank and Axis Bank were among prominent gainers.

Of the 30 Sensex constituents, 24 ended with gains.

HCL Tech, Mahindra & Mahindra, Reliance Industries, Asian Paints, Nestle India and Sun Pharma suffered losses.

The rupee on Friday settled almost flat at 73.35 against the US dollar in the absence of any fresh trigger.

Global markets traded mixed amid concerns over resurgence in coronavirus cases in some parts of the world.

Rudy Giuliani Is ‘Putin’s Puppet’ On Damning New York Daily News Cover

There are lots of strings attached to Rudy Giuliani on the New York Daily News’ latest front page.

The tabloid newspaper depicted President Donald Trump’s personal attorney as being controlled by a puppeteer, Russian President Vladimir Putin, on its cover Friday.

“PUTIN’S PUPPET,” said the main headline.

Below read: “Rudy gets tangled in bizarre Russia-Biden plot.”

The cover story centered on a Washington Post report that U.S. intelligence officials had briefed the White House in 2019 that the former New York City mayor was being targeted by Russia to propagate misinformation to Trump.

The front page was published as footage emerged of Giuliani talking in a mocking Asian accent and his daughter officially endorsed Democratic nominee Joe Biden in the 2020 election.

The Daily News has previously portrayed Giuliani as one-third of the slapstick comedy trio “The Three Stooges.”

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German luxury car manufacturer Audi unveils Audi Q2

In the months to come Audi expected to roll out a few more cars including an electric car named e-Tron in India.

German luxury car manufacturer Audi has introduced Audi Q2 in India at price starting ₹34.99 lakh (Ex-showroom India). Q2 is imported as CBU (Completely Build Unit) and will be one of the volume drivers for the company, a top company executive said.

Balbir Singh Dhillon, Head of Audi India,said, “The Audi Q2 is engineered for every need and feels at home anywhere, the city or in the great outdoors. It’s powered by a 2.0-litre TFSI petrol engine that puts out a strong 190hp.”

“We’ve listened to customer demand and brought in the fantastic, yet practical Audi Q2 in the run up to the festive season,” he said.

Mr Dhillon added, “Our sixth launch for the year, the Audi Q2 is another solid step in our endeavor to provide Indian customers with a wider range of choices from the Audi portfolio. We are happy that we could bring it to customers right in the middle of the festive season.”

Audi India has also offered an introductory package that comes bundled with a 5 year service package with 2+3 years extended warranty and 2+3 years road side assistance.

In the months to come Audi expected to roll out a few more cars including an electric car named e-Tron in India.