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TSX Trims Early Losses, Ends Slightly Weak
The Canadian market recovered well after opening with a big negative gap on Thursday, but still ended the day's session on a slightly weak note, as worries about slowing growth and rising interest rates hurt sentiment.
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Před 922 dny
Dollar Rises Against Major Counterparts
The U.S. dollar climbed higher on Thursday, continuing to benefit from the latest interest rate hike by the Fed, and hawkish comments from the central bank Chairman Jerome Powell.
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Před 922 dny
U.S. Stocks Close Weak Again On Interest Rate, Growth Concerns
U.S. stocks fell on Thursday, extending losses to a fourth straight session, as slowing growth and rising interest rates dampened investors sentiment.
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Před 922 dny
Swiss Market Ends Weak
The Switzerland stock market ended on a weak note on Thursday after languishing in negative territory right through the day's session.
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Před 923 dny
European Stocks Close On Weak Note As Aggressive Rate Hikes Fuel Growth Worries
European stocks closed lower on Thursday, extending losses from the previous session, as another 75-basis point interest rate hike by the Federal Reserve and hawkish comments from the central bank Chair Jerome Powell hurt sentiment.
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Před 923 dny
U.S. Stocks Come Off Early Lows; Nasdaq Continues To Underperform
U.S. stocks are off their early lows around noon, even as those from the technology sector continue to underperform.
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Před 923 dny
Canadian Market Down Marginally At Noon In Cautious Trade
Canadian shares are turning in a mixed performance on Thursday with investors assessing the impact the latest rate hikes by the Federal Reserve and the Bank of England, and prospects of more increases, might have on global economic growth.
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Před 923 dny
more news
Pound Falls After BoE Sees Lower Peak In Interest Rates
The pound drifted lower against its major counterparts in the European session on Thursday, after the Bank of England raised its benchmark rate by 75 basis points, but indicated that the peak in rates would likely be lower than anticipated by markets.
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Před 923 dny
Bank Of England Delivers Biggest Rate Hike In 33 Years
The Bank of England delivered the biggest interest rate hike in 33 years on Thursday, joining its global peers in aggressive tightening to bring inflation down from double-digits, even as the U.K. economy is forecast to remain in a prolonged recession. The nine-member Monetary Policy Committee decided to raise the bank rate by 75 basis points to 3.00 percent from 2.25 percent.
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Před 923 dny
Glencore Energy Reaches £280.97 Mln Settlement To Resolve Probe By UK Serious Fraud Office
Glencore Energy UK ltd., the U.K. subsidiary of Glencore plc (GLCNF.PK, GLNCY.PK, GLEN.L), announced Thursday it has fully resolved investigation by UK authorities and will pay financial penalty and costs of £280,965,092.95 in respect of the previously announced resolution of the UK Serious Fraud Office (SFO) investigation.
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Před 923 dny
LifeStance Health Appoints David Bourdon To Succeed Michael Bruff As New CFO
LifeStance Health (LFST), outpatient mental healthcare provider, announced Thursday that Michael Bruff, currently Chief Financial Officer, will take on a new role as Business Transformation Officer, effective November 10, 2022.
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Před 923 dny
Atlas Air Worldwide Q3 Results Miss Estimates
Atlas Air Worldwide Holdings, Inc. (AAWW) reported Thursday that net income for the third quarter plunged to $60.10 million or $1.79 per share from $119.54 million or $3.91 per share in the prior-year quarter.
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Před 923 dny
Itron Q3 Profit Tops Estimates, But Revenues Miss; Guides Q4 Well Below View
Itron, Inc. (ITRI) reported Thursday net income attributable to the company for the third quarter of $4.12 million or $0.09 per share, compared to a net loss of $1.87 million or $0.04 per share in the prior-year quarter. Excluding items, adjusted earnings per share for the quarter were $0.23, compared to $0.21 last year.
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Před 923 dny
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