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Philippine Central Bank Not Done With Rate Hikes Yet
The Bangko Sentral Ng Pilipinas raised its key interest rate on Thursday for the eight policy session in a row and significantly lifted the inflation forecast for the year, as policymakers assessed that the already-high inflationary pressures have risen further. The Monetary Board, led by Governor Felipe Medalla, hiked the interest rate by 50 bps to 6.0 percent.
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U.S. Housing Starts Plunge To Lowest Level In Over Two Years
A report released by the Commerce Department on Thursday showed new residential construction in the U.S. tumbled by much more than expected in the month of January. The Commerce Department said housing starts dove by 4.5 percent to an annual rate of 1.309 million in January after plunging by 3.4 percent to a revised rate of 1.371 million in December.
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U.S. Jobless Claims Unexpectedly Edge Down To 194,000
First-time claims for U.S. unemployment benefits unexpectedly edged slightly lower in the week ended February 11th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 194,000, a decrease of 1,000 from the previous week's revised level of 195,000.
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U.S. Producer Prices Climb 0.7% In January, More Than Expected
Producer prices in the U.S. advanced by more than expected in the month of January, the Labor Department revealed in a report released on Thursday. The Labor Department said its producer price index for final demand climbed by 0.7 percent in January after edging down by a revised 0.2 percent in December.
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LTC Properties Q4 Profit, Revenues Rise
Real estate investment trust LTC Properties, Inc. (LTC) reported Thursday that net income available to common stockholders for the fourth quarter grew to $17.81 million or $0.44 per share from $12.73 million or $0.32 per share in the prior-year quarter.
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Philly Fed Index Unexpectedly Indicates Accelerated Contraction In February
Philadelphia-area manufacturing activity unexpectedly contracted at an accelerate rate in the month of February, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday.
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U.S. Housing Starts Plunge Much More Than Expected In January
A report released by the Commerce Department on Thursday showing new residential construction in the U.S. tumbled by much more than expected in the month of January.
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Před 951 dny
more news
U.S. Producer Prices Climb More Than Expected In January
Producer prices in the U.S. advanced by more than expected in the month of January, the Labor Department revealed in a report released on Thursday.
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Před 951 dny
Delcath Systems' Board Voted To Appoint John Sylvester As New Chairman
Interventional oncology company Delcath Systems, Inc. (DCTH) announced Thursday that its Board of Directors has voted to appoint John Sylvester as Delcath's new Chairman. Sylvester has served as a Director of Delcath since July 2019 and has extensive experience building interventional oncology businesses, most recently serving as Chief Executive Officer of both Curium's SPECT and International business units.
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Před 951 dny
U.S. Weekly Jobless Claims Unexpectedly Edge Slightly Lower
First-time claims for U.S. unemployment benefits unexpectedly edged slightly lower in the week ended February 11th, according to a report released by the Labor Department on Thursday.
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Před 951 dny
TravelCenters Of America To Be Acquired By BP In About $1.3 Bln Deal
TravelCenters of America Inc. (TA), the operator and franchisor of the TA, Petro Stopping Centers and TA Express travel center brands, announced Thursday that it has entered into a merger agreement with BP plc (BP), pursuant to which BP will acquire all of the outstanding shares of TA common stock for $86.00 per share in cash.
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Commercial Metals Appoints Peter Matt To Succeed Barbara Smith As President
The Board of Directors of Commercial Metals Co. (CMC) announced Thursday that, as part of the Company's succession plan, the Board has appointed Peter Matt as President, effective as of April 1, 2023, succeeding Barbara Smith who will remain Chairman and Chief Executive Officer of the Company.
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Bay Street Likely To Open With Negative Bias
Canadian shares are likely to open with a slightly negative bias on Thursday, weighed down by some disappointing earnings updates.
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Před 951 dny
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