Macquarie Research

Adobe results beat as subscription model gains traction

Adobe Systems Inc , maker of Photoshop and Acrobat software, reported quarterly results that beat analysts' average estimates as revenue from subscriptions more than doubled, sending its shares up 7 percent in extended trade.

Facebook stock avoids steep drop as Street rethinks results

Shares of Facebook Inc recovered from an 8 percent slide on Thursday, finishing the regular session down less than 1 percent, as Wall Street's initial alarm over mobile revenue results and spending plans subsided.

SBI will require capital in FY12 or early FY13: Macquarie

Head of financial research at Macquarie Research, Suresh Ganapathy told CNBC-TV18 that the rate of accretion of non-performing loans (NPLs) at margins could see a slowdown. He feels that SBI should raise capital in FY12 or at the beginning of FY13; otherwise, they will have issue to grow their book.

SBI's operational numbers are disappointing: Macquarie

State Bank of India's Q4 net profit tumbled nearly 99% year-on-year to Rs 21 crore. In an interview with CNBC-TV18, Suresh Ganapathy, Banking Analyst, Macquarie Research says, asset quality has deteriorated a bit this quarter and that is the reason provisioning has gone up. “Numbers have really disappointed even on the operational front,” he adds.

Glenmark Pharma a top pick in pharma space: Macquarie

In an exclusive interview with CNBC TV-18's Udayan Mukherjee and Mitali Mukherjee, Abhishek Singhal of Macquarie, said that Glenmark would be his top pick in the Indian pharma space since sentiment is positive for the pharma firm after its pact with pharma major Sanofi.