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Siemens Energy Lifts FY24 View After Q2 Profit; Stock Up

Shares of Siemens Energy AG were gaining more than 12 percent in German trading after the company on Wednesday raised its outlook for fiscal 2024 after reporting a profit in its second quarter, compared to last year's loss, amid positive market environment. Meanwhile, second-quarter orders were lower than last year, and the company maintained annual earnings forecast.
RTTNews | 1 дней спустя
Uber Q1 Net Loss Sharply Widens

Uber Q1 Net Loss Sharply Widens

Ride-hailing and delivery platform Uber Technologies, Inc. (UBER) reported Wednesday a net loss attributable to Uber of $654 million or $0.32 per share for the first quarter, sharply wider than $157 million or $0.08 per share in the prior-year quarter.
RTTNews | 1 дней спустя
Emerson Electric Boosts FY24 Outlook; Declares Dividend - Update

Emerson Electric Boosts FY24 Outlook; Declares Dividend - Update

While reporting financial results for the second quarter on Wednesday, technology and software company Emerson Electric Co. (EMR) raised its adjusted earnings and net sales growth guidance for the full-year 2024. The company also provided outlook for the third quarter.
RTTNews | 1 дней спустя
Sensex, Nifty End Choppy Session Little Changed

Sensex, Nifty End Choppy Session Little Changed

Indian shares ended a choppy session little changed on Wednesday as investors reacted to hawkish Fed comments and clung to hopes for a Middle East ceasefire deal.
RTTNews | 1 дней спустя
CAC 40 Edges Higher On Fed Repricing

CAC 40 Edges Higher On Fed Repricing

French stocks advanced on Wednesday as investors continued to assess the prospects for interest- rate cuts following last week's weaker-than-expected U.S. jobs report. It seems that markets have shrugged off comments from Federal Reserve Bank of Minneapolis President Neel Kashkari, who said Tuesday that rates will likely stay high for an "extending period" and that he would support a hike if inflation stalls near 3 percent.
RTTNews | 1 дней спустя
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AstraZeneca To Withdraw Its Covid-19 Vaccine Vaxzevria Worldwide

AstraZeneca To Withdraw Its Covid-19 Vaccine Vaxzevria Worldwide

AstraZeneca, a major provider of Covid-19 vaccines across the world mainly during the initial pandemic period, has initiated a process to withdraw its Vaxzevria COVID-19 vaccine worldwide, citing weak demand and the surplus availability of new vaccines. Meanwhile, AstraZeneca reportedly had admitted recently in court documents that the vaccine could cause side-effects such as blood clots...
RTTNews | 1 дней спустя
DAX Rises On Strong Earnings

DAX Rises On Strong Earnings

German stocks traded higher on Wednesday as investors cheered strong earnings from the likes of Siemens Energy, Puma and Henkel.
RTTNews | 1 дней спустя
Pound Slides Against Most Majors

Pound Slides Against Most Majors

The British pound weakened against most major currencies in the European session on Wednesday.
RTTNews | 1 дней спустя
German Industrial Production Declines In March

German Industrial Production Declines In March

Germany's industrial production declined for the first time in three months in March driven by the decreases in consumer and intermediate goods output, official data revealed Wednesday. Industrial production declined 0.4 percent on a monthly basis, in contrast to the 1.7 percent increase in February, Destatis reported.
RTTNews | 1 дней спустя
Australian Dollar Falls Amid Risk Aversion

Australian Dollar Falls Amid Risk Aversion

The Australian dollar weakened against other major currencies in the Asian session on Wednesday amid risk aversion, as traders largely refrained from making significant moves after hawkish comments from a few U.S. Fed officials again raised concerns about the outlook for interest rates.
RTTNews | 1 дней спустя

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