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Merck Q1 Results Top Estimates; Boosts FY23 Outlook
Biopharmaceutical company Merck & Co., Inc. (MRK), known as MSD outside the U.S. and Canada, reported Thursday that first-quarter net income attributable to the company declined 35 percent to $2.82 billion or $1.11 per share from $4.31 billion or $1.70 per share in the prior-year quarter.
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Applied Industrial Boosts FY23 Outlook As Q3 Results Top Estimates
While reporting financial results for the third quarter on Thursday, Applied Industrial Technologies Inc. (AIT) raised its earnings and sales growth guidance for the full-year 2023, based on the third-quarter performance.
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Sensex, Nifty End Higher Amid F&O Expiry
Indian shares rose notably on Thursday, with upbeat earnings results from U.S. tech companies, falling oil prices and gains in rupee helping underpin investor sentiment.
The benchmark S&P BSE Sensex climbed 348.80 points, or 0.58 percent, to 60,649.38, with financials leading the surge.
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Swiss Franc Declines Amid Risk Appetite
The Swiss franc was lower against its major counterparts in the European session on Thursday, as a string of strong tech earnings offset lingering concerns about the U.S. banking sector.
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Deutsche Bank Q1 Results Rise; Stock Up
Deutsche Bank AG shares were gaining around 2 percent in the morning trading in Germany as well as in pre-market activity on the NYSE after the German banking major on Thursday reported higher profit and revenues in its first quarter. The company recorded highest quarterly profit before tax since 2013, and highest quarterly net revenues since 2016.
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European Shares Broadly Higher Amid Earnings Deluge
European stocks were broadly higher on Thursday as investors digested mostly positive earnings results and looked ahead to the release of U.S. GDP data due later in the day for direction.
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FTSE 100 Edges Lower On Mixed Earnings
U.K. stocks were slightly lower on Thursday as investors digested mixed earnings results and looked ahead to the release of U.S. GDP data due later in the day.
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CAC 40 Edges Higher In Cautious Trade
French stocks rose slightly on Thursday and the euro hovered near a one-year high against the dollar as Europe's resilient economy contrasted with the baking turmoil and an impending recession in the United States.
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DAX Holds Steady Amid Earnings Deluge
German stocks were flat to slightly higher on Thursday as investors reacted to a slew of earnings results and looked forward to the release of U.S. GDP data later in the day for directional cues.
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Asian Shares Rise Despite US Bank Woes
Asian stocks ended Thursday's session mostly higher, as a string of strong tech earnings offset lingering concerns about the U.S. banking sector.
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European Economic News Preview: Eurozone Economic Sentiment Data Due
Economic confidence data from the euro area is the top economic news due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Norway releases retail sales and household consumption data. Sales are forecast to grow 0.3 percent on month in March, following a 0.2 percent rise in February.
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European Shares Seen Lower As Investors Await Key US Data
European stocks are seen opening lower on Thursday despite earnings from Alphabet, Microsoft and Meta boosting optimism around tech businesses.
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vor 844 Tagen
Euro Advances Against Majors
The european currency strengthened against other major currencies in the Asian session on Thursday.
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vor 844 Tagen
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