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U.S. Consumer Confidence Improves Much More Than Expected In December
Consumer confidence in the U.S. has seen a significant improvement in the month of December, according to a report released by the Conference Board on Wednesday. The Conference Board said its consumer confidence index spiked to 108.3 in December from an upwardly revised 101.4 in November.
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vor 905 Tagen
U.S. Existing Home Sales Extend Nosedive Amid Higher Mortgage Rates
Partly reflecting the recent surge in mortgage rates, the National Association of Realtors released a report on Wednesday showing a continued slump in U.S. existing home sales in the month of November.
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vor 905 Tagen
Australian Dollar Strengthens As U.S. Stocks Climb
The Australian dollar advanced against its major counterparts in the European session on Wednesday, as strong earnings results from Nike and FedEx lifted sentiment.
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vor 905 Tagen
Cintas Boosts FY23 Outlook As Q2 Results Top Estimates
Business services company Cintas reported on Wednesday that profit for the second quarter grew 10 percent from last year, driven by improved margins and double-digit revenue growth. Both earnings per share and revenues topped analysts' expectations. The company also raised its earnings and revenue outlook for the full-year 2023.
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vor 905 Tagen
Standard Motor Says President And CEO Eric Sills To Succeed Lawrence Sills As Chairman Of Board
Automotive parts manufacturer Standard Motor Products, Inc. (SMP) announced Wednesday changes in the composition of its Board of Directors. Effective at the end of their current terms, in May of 2023, Lawrence Sills, Chairman of the Board, and William Turner, Presiding Independent Director, will each assume the role of Director Emeritus.
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vor 905 Tagen
Loonie Mixed After Canada Inflation Data
Canada inflation data for November has been released at 8:30 am ET Wednesday. After the data, the loonie traded mixed against its major counterparts. While it rose against the greenback, it dropped against the rest of major rivals.
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vor 905 Tagen
Loonie Mixed Ahead Of Canada Inflation Data
Canada inflation data for November will be released at 8:30 am ET Wednesday. Ahead of the data, the loonie traded mixed against its major counterparts. While it dropped against the euro and the aussie, it held steady against the yen. Against the greenback, it recovered.
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vor 905 Tagen
more news
GM Recalls About 140,000 Chevrolet Bolt EVs Due To Fire Risk
General Motors is recalling nearly 140,000 Chevrolet Bolt electric vehicles in North America due to the potential risk that the battery could catch fire in certain vehicles. These include about 120,000 vehicles in the U.S. and about 20,000 vehicles in Canada.
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vor 905 Tagen
Bay Street Seen Opening On Firm Note; Inflation Data In Focus
Higher Canadian and U.S. futures, firm crude oil prices and positive European markets indicate a bright start for the Canadian market on Wednesday.
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vor 905 Tagen
Genmab Submits NDA For Epcoritamab In Japan For Relapsed/Refractory Large B-Cell Lymphoma
Genmab A/S (GMAB) announced Wednesday that the company has submitted a Japan new drug application (JNDA) to the Ministry of Health, Labor and Welfare (MHLW) of Japan for subcutaneous epcoritamab (DuoBody-CD3xCD20)
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vor 905 Tagen
UK November Borrowing At Record On Energy Bill Support Payouts, Debt Costs
Despite a rise in tax receipts, British government budget deficit hit the highest November level reflecting disbursements on energy support scheme and high debt servicing cost. Public sector net borrowing, excluding banks, increased by GBP 13.9 billion from last year to GBP 22.0 billion. This was the biggest November deficit since monthly records began in 1993.
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vor 905 Tagen
German Consumer Confidence Improves On Easing Energy Price Burden
Germany's consumer confidence is set to improve in January for the third straight month, as their economic, income and purchasing power expectations improved amid government measures to curb rising energy costs, survey results from the market research group GfK showed on Wednesday.
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vor 905 Tagen
Pound Drops In Cautious Trade
The pound declined against its major counterparts in European deals on Tuesday, as investors weighed the impact of a surprise policy shift by the Bank of Japan.
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vor 905 Tagen
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