Japan Inflation Data Due On Friday
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33 dias atrás
(RTTNews) - Japan will on Friday release March national figures for consumer prices, highlighting a light day for Asia-Pacific economic activity. In February, overall inflation was flat on month and up 2.8 percent on year, while core CPI also rose an annual 2.8 percent.
Malaysia will see Q1 numbers for gross domestic product and March data for imports, exports and trade balance. In the previous three months, GDP was up 3.0 percent on year; in February, imports were up 8.4 percent on year and exports fell an annual 0.8 percent for a trade surplus of MYR10.90 billion.
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Bay Street Likely To Open Lower
Canadian shares are likely to open on a slightly negative note Wednesday morning as energy and materials sectors may find the going somewhat tough due to weak commodity prices.
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4h 43min atrás
Biogen To Buy Human Immunology Biosciences In Deal Valued At Up To $1.8 Bln
Biogen Inc. (BIIB) and privately-held biotechnology company Human Immunology Biosciences or HI-Bio, announced Wednesday the companies have entered into a definitive agreement under which Biogen has agreed to acquire HI-Bio for $1.15 billion upfront and up to $650 million in potential milestone payments.
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4h 46min atrás
UK Inflation Slows Less Than Expected To 2.3%
UK consumer prices rose more than expected in April due to the stickiness of services inflation, which would possibly delay the timing of the first interest rate cut. Consumer prices rose 2.3 percent on a yearly basis in April, slower than the 3.2 percent increase in March, the Office for National Statistics reported Wednesday.
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4h 56min atrás
TJX Companies Guides Q2 EPS Below Estimates; Boost FY24 EPS Outlook - Update
While reporting financial results for the first quarter on Wednesday, off-price retailer TJX Companies, Inc. (TJX) provided its earnings and comparable store sales outlook for the second quarter and raised earnings outlook for the full-year 2024.
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4h 57min atrás
Pitney Bowes Appoints Lance Rosenzweig To Succeed Jason Dies As Interim CEO
Shipping and mailing company Pitney Bowes Inc. (PBI) announced Wednesday the appointment of Lance Rosenzweig as the Company's interim Chief Executive Officer, effective immediately. Rosenzweig will continue to serve as a member of the Board of Directors.
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5h 34min atrás
Target Q1 Profit Misses Estimates, Backs FY24 View; Stock Down
Target Corp. shares were losing more than 8 percent in pre-market activity on the NYSE after the general merchandise retailer reported weak profit, sales and comparable sales in its first quarter. Earnings per share missed the Street estimates. Further, the company issued second-quarter outlook and maintained fiscal 2024 forecast.
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5h 48min atrás
RBNZ Holds Key Interest Rate; Delays Rate Cut Plan
New Zealand's central bank maintained its benchmark rate for the seventh consecutive session and signaled a delay in rate cuts as services inflation is receding slowly. The Monetary Policy Committee of the Reserve Bank of New Zealand, led by Governor Adrian Orr, decided to hold the Official Cash Rate at 5.50 percent.
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6h 12min atrás
Sensex, Nifty End Modestly Higher Ahead Of FOMC Minutes
Indian shares eked out modest gains on Wednesday, with IT, realty and FMCG stocks leading the charge.
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6h 37min atrás