Forex News
European Stocks Close Higher Again On Earnings, Rate Cut Hopes
European stocks closed higher on Wednesday, turned in another positive performance after recent gains amid rising optimism about interest rate cuts by central banks in the second or third quarter of this year. Fairly encouraging batch of corporate earnings updates too helped underpin sentiment.
RTTNews |
4h 1min ago
Canadian Market Down In Negative Territory; Shopify Tanks On Weak Results
The Canadian market is notably lower Wednesday morning, weighed down by disappointing results from some big name companies, including Shopify Inc. A bit of uncertainty about the outlook for Fed interest rates also appear to be forcing investors into a defensive mood.
RTTNews
|
5h 12min ago
Uber Q1 Net Loss Sharply Widens, Misses Estimates
Ride-hailing and delivery platform Uber Technologies, Inc. (UBER) reported Wednesday a net loss for the first quarter that sharply widened from last year, hurt by a huge net unrealized loss related to the revaluation of Uber's equity investments. Loss per share for the quarter missed analysts' expectations, while quarterly revenues topped it.
RTTNews
|
6h 17min ago
U.S. Wholesale Inventories Decrease 0.4% In March, In Line With Estimates
The Commerce Department released a report on Wednesday showing a pullback by U.S. wholesale inventories in the month of March. The report said wholesale inventories fell by 0.4 percent in March after rising by 0.2 percent in February. The decrease by wholesale inventories matched economist estimates.
RTTNews
|
6h 21min ago
U.S. Mortgage Applications Rebound By 2.6% In Week Ended 5/3
Mortgage applications in the U.S. saw a notable rebound in the week ended May 3rd, according to a report released by the Mortgage Bankers Association on Wednesday.
RTTNews
|
7h 25min ago
CleanSpark Appoints Scott Garrison As COO And Taylor Monnig As CTO
Bitcoin Miner CleanSpark, Inc. (CLSK) announced Wednesday the appointments of Scott Garrison as chief operating officer and Taylor Monnig as chief technology officer. They are both promoted to new C-suite positions.
RTTNews
|
7h 27min ago
Western Union And Adonis Supermarkets Ink Strategic Alliance Cross-Border Money Transfer In Canada
Western Union Co. (WU) and Adonis supermarkets announced Wednesday that they have entered into a strategic alliance to help facilitate cross-border money transfer capabilities in Canada.
RTTNews
|
7h 50min ago
more news
Anixa Inks Joint Development Agreement With Cleveland Clinic To Develop Novel Cancer Vaccines
Biotechnology company Anixa Biosciences, Inc. (ANIX) announced Wednesday that it has entered into a joint development agreement with Cleveland Clinic to develop novel vaccines for various cancer types.
RTTNews
|
7h 59min ago
Brink's Maintains FY24 Outlook; Q1 Results Top Estimates
While reporting financial results for the first quarter on Wednesday, The Brink's Co. (BCO) maintained its earnings and revenue guidance for the full-year 2024.
RTTNews
|
8h 9min ago
Bay Street Seen Opening On Mixed Note
Canadian shares are likely to turn in a mixed performance on Wednesday with investors reacting to quarterly earnings updates. Weak crude oil prices and subdued bullion market may weigh on energy and materials shares.
RTTNews
|
8h 20min ago
Performance Food Group Guides Q4 Net Sales Below View; Trims FY24 Net Sales Outlook - Update
While reporting financial results for the third quarter on Wednesday, Performance Food Group Co. (PFGC) provided net sales guidance for the fourth quarter, below estimates. The company also trimmed its net sales guidance for the full-year 2024.
RTTNews
|
8h 40min ago
Sweden Central Bank Hints At Two More Rate Cuts This Year
Sweden's central bank lowered its policy rate for the first time in eight years and signaled another two more rate reductions during the second half of the year as inflation approaches the target of around 2 percent amid the weak economic activity. The executive board of the Riksbank, led by Governor Erik Thedeen, decided to lower the policy rate by 25 basis points to 3.75 percent.
RTTNews
|
8h 41min ago
Griffon Boost FY24 Revenue Outlook - Update
While reporting financial results for the second quarter on Wednesday, Griffon Corp. (GFF) raised its revenue expectation for the full-year 2024 to $2.65 billion from the prior guidance of $2.6 billion.
RTTNews
|
8h 57min ago
Stay up to date!
Add News to your browser
