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South Korea Trade Data Due On Wednesday
South Korea will on Tuesday release January figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity. In December, imports were down 2.6 percent on year and exports sank 16.6 percent for a trade deficit of $12.69 billion.
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vor 923 Tagen
South Korea Export Prices Sink 1.3% On Year In January
Export prices in South Korea dropped 1.3 percent on year in January, the Bank of Korea said on Wednesday - after rising a downwardly revised 3.0 percent in December (originally 31 percent).
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vor 923 Tagen
Swiss Stock Market Snaps Losing Streak
The Swiss stock market has tracked higher in back-to-back sessions, gathering more than 100 points or 0.9 percent along the way.
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vor 923 Tagen
European Markets Finish Mixed On Tuesday
The major European markets finished mixed and little changed on Tuesday, giving away early gains following the release of closely watched U.S. inflation data.
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vor 923 Tagen
U.S. Dollar Gains Ground After Inflation Data
Erasing its early losses, the U.S. dollar climbed against its major counterparts in the New York session on Tuesday, as investors digested data showing an acceleration in the nation's consumer inflation in January.
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vor 923 Tagen
Tuesday Morning Again Files For Chapter 11 Bankruptcy Protection
Off-price retailer Tuesday Morning Corp. (TUES), which emerged from bankruptcy in April 2021, announced Tuesday that it has again filed voluntary petitions for protection under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Northern District of Texas, Fort Worth Division.
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vor 923 Tagen
U.S. Consumer Prices Increase 0.5% In January, In Line With Estimates
The Labor Department released a report on Tuesday showing U.S. consumer prices increased in line with economist estimates in the month of January. The report said the consumer price index climbed by 0.5 percent in January following a revised 0.1 percent uptick in December.
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vor 923 Tagen
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U.S. Consumer Prices Increase In Line With Estimates In January
The Labor Department released a report on Tuesday showing U.S. consumer prices increased in line with economist estimates in the month of January. The report said the consumer price index climbed by 0.5 percent in January following a revised 0.1 percent uptick in December.
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vor 923 Tagen
Ecolab Guides Q1 Adj. EPS In Line With Estimates - Update
While reporting financial results for the fourth quarter on Tuesday, Ecolab Inc. (ECL) said it expects adjusted earnings in a range of $0.82 to $0.90 per share.
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vor 923 Tagen
GlobalFoundries Q4 Results Top Estimates; Guides Q1 In Line With View
GlobalFoundries, Inc. (GFS) reported Tuesday that net income attributable to the company soared to $668 million or $1.21 per share from $44 million or $0.08 per share in the prior-year quarter.
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vor 923 Tagen
Coca-Cola Q4 Profit Down 16%, But Meets Estimates
Beverages giant Coca-Cola Co. (KO) reported Tuesday a profit for the fourth quarter that declined 16 percent from last year, reflecting steeply lower other income and higher interest expense, despite a 7 percent revenue growth. Adjusted earnings per share met analysts' expectations, while quarterly revenues topped it. The company also initiated guidance for the full-year 2023.
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vor 923 Tagen
Eurozone Economy Manages To Expand In Q4
Euro area managed to grow at the end of the year, as initially estimated, raising hopes that the region could avert a technical recession, official data revealed Tuesday. The currency bloc logged a quarterly expansion of 0.1 percent in the fourth quarter, which was unchanged from the previous estimate released on January 31, the statistical office Eurostat said.
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vor 923 Tagen
Ford To Cut 3,800 Jobs In Europe
Ford in Europe announced plans to cut around 3,800 jobs over the next three years amid rapidly changing market conditions, and in response to growing competition in electric vehicles. The move comes as the auto maker is preparing to introduce its first European-built electric passenger vehicle this spring.
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vor 923 Tagen
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