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German Economy Stagnates In Q1; Inflation Slows More Than Expected
Germany avoided a recession in the first quarter as the economy stagnated with the fall in household and government spending offsetting the improvements in capital formation and exports. Inflation in the biggest euro area economy eased more than expected in April largely due to the base effects and slowing energy price growth.
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Imperial Oil Q1 Profit Rises, Tops Estimates; Boosts Dividend 14%
Imperial Oil Ltd. (IMO, IMO.TO) reported on Friday a first-quarter net income of C$1.25 billion or C$2.13 per share, the highest first quarter in over 30 years, up from C$1.17 billion or C$1.75 per share in the prior-year quarter.
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Před 839 dny
Bay Street Likely To Open On Cautious Note
Data on Canada's GDP and U.S. personal income & spending are likely to set the trend for the Canadian market at the start on Friday. The mood is likely to remain a bit cautious.
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W.P. Carey Maintains FY23 AFFO Outlook - Update
While reporting its financial results for the first quarter on Friday, net lease real estate investment trust W.P. Carey Inc. (WPC) continues to project adjusted funds from operations or AFFO guidance for the full-year 2023 in a range of $5.30 to $5.40 per share.
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Colgate-Palmolive Maintains FY22 Earnings Growth Outlook - Update
While reporting financial results for the first quarter on Friday, Colgate-Palmolive Co. (CL) maintains its earnings and adjusted earnings growth guidance for the full-year 2023, while boosting net sales and organic sales growth outlook.
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U.S. Dollar Higher As PCE Inflation Data In Focus
The U.S. dollar firmed against its major counterparts in the European session on Friday, as market participants await the personal consumption expenditure price index, the Fed's preferred gauge of inflation, due out later today.
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Před 839 dny
Sensex Jumps 463 Points On Firm Global Cues; Nifty Ends At 18,065
Indian shares posted strong gains on Friday, with underlying sentiment buoyed by positive global cues and healthy buying by foreign investors on optimism about India's growth story.
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Před 839 dny
more news
BoJ's New Chief Keeps Rate Unchanged; Announces Policy Review
The Bank of Japan maintained its ultra loose monetary policy in the first rate-setting meeting chaired by Governor Kazuo Ueda and announced a broad review of the current stance. The Policy Board unanimously decided to maintain a negative interest rate of -0.1 percent on current accounts that financial institutions maintain at the central bank.
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Před 839 dny
Electrolux Posts Q1 Loss, Sales Rise, Backs View; Stock Up
Swedish home appliance major Electrolux AB reported Friday a loss in its first quarter with weak volumes hurt by lower demand. Net sales, however, was higher than last year, and the company maintained its fiscal 2023 forecast. In Stockholm, Electrolux shares were gaining around 9 percent.
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Před 839 dny
European Shares Decline As GDP Growth Misses Expectations
European stocks edged lower on Friday after Eurozone GDP data for the first quarter missed expectations.
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Před 839 dny
FTSE 100 Slips As Miners Drag On Growth Worries
U.K. stocks edged lower in cautious trade on Friday before the May bank holiday. Miners slipped as copper prices slipped on growth worries.
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Před 839 dny
CAC 40 Slides As Inflation Increases Again
French stocks were moving lower on Friday after official data showed France's economy expanded moderately in the first quarter on robust foreign demand.
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Před 839 dny
DAX Slips As Economy Stagnates In The First Quarter
German stocks traded lower on Friday after data showed the economy stagnated in the first quarter of the year.
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Před 839 dny
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