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U.S. Housing Starts Tumble 4.2% In October
New residential construction in the U.S. showed a notable decrease in the month of October, the Commerce Department revealed in a report released on Thursday.
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vor 913 Tagen
Children's Place Trims FY22 Adj. EPS, Net Sales Outlook As Q3 Adj. EPS Misses Estimates
Specialty apparel retailer The Children's Place, Inc. (PLCE) reported Thursday that net income for the third quarter nearly halved to $42.86 million or $3.26 per share from $78.87 million or $5.30 per share in the prior-year quarter.
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vor 913 Tagen
Bay Street Seen Opening On Weak Note
Lower Canadian and U.S. stock futures and weak commodity prices point to a negative start for Canadian shares on Thursday.
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vor 913 Tagen
BJ's Wholesale Club Boosts FY22 Outlook As Q3 Results Top Estimates
BJ's Wholesale Club Holdings Inc. (BJ) announced Thursday that net income for the third quarter grew to $129.94 million or $0.95 per share from $126.52 million or $0.92 per share in the prior-year quarter.
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vor 913 Tagen
Wells Fargo Launches Short-term Flex-Loan
Banking major Wells Fargo has rolled out a new short-term flexi-loan for eligible customers to gain access to funds on the go through the Wells Fargo Mobile Banking app, without the hassles of formally applying for the loan and within minutes. It is currently available in select markets and will be extended nationwide by the end of the year.
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vor 913 Tagen
Australian Dollar Weakens On Fed Policy Concerns
The Australian dollar fell against its major counterparts in the European session on Thursday, as stronger-than-expected U.S. retail sales data raised fears that the Federal Reserve would continue raising rates in coming months.
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vor 913 Tagen
Sensex, Nifty End Lower On Fed Worries
Indian shares ended Thursday's session modestly lower, and the rupee declined against the dollar, as investors reacted to hawkish Fed remarks and strong U.S. retail sales data released overnight.
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vor 913 Tagen
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Siemens Stock Up On Q4 Profit Growth, Dividend Hike; Positive FY23 View
Shares of Siemens AG were gaining around 7 percent in the morning trading in Germany after the conglomerate reported Thursday significantly higher profit and revenues in its fourth quarter, and said it expects strong growth in earnings and sales in fiscal 2023. The company also raised its dividend.
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vor 913 Tagen
European Shares Mixed On China COVID Worries
European stocks were mixed on Thursday, as concerns over geopolitical tensions eased and the focus returned to rising numbers of COVID-19 cases in China.
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vor 913 Tagen
Philippine Central Bank Raises Rate By 75 Bps
The Philippine central bank raised its benchmark rate by 75 basis points, as widely anticipated, to support the weakening peso and fight inflation. The Monetary Board hiked its benchmark overnight reverse repurchase facility rate by 75 basis points to 5.00 percent. Accordingly, the interest rates on the overnight deposit and lending facilities will be set to 4.5 percent and 5.5 percent.
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vor 913 Tagen
FTSE 100 Dips Ahead Of 'tough' Budget
U.K. stocks fell on Thursday, as investors awaited the nation's budget later in the day that promises to be all pain and hardly any gain.
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vor 913 Tagen
CAC 40 Little Changed As Geopolitical Tensions Ease
French stocks were largely steady on Thursday, as concerns over geopolitical tensions eased and the focus returned to rising numbers of COVID-19 cases in China.
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vor 913 Tagen
DAX Rises As Siemens Q4 Profit Beats Estimates
German stocks rose notably on Thursday, as Siemens posted a better-than-expected fourth-quarter profit and industry data showed Europe's new car registrations increased for the third straight month in October.
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vor 913 Tagen
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