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Canadian Market Modestly Higher On Results, Economic Data
The Canadian market is modestly higher Thursday morning, with investors reacting to the nation's GDP data and earnings updates, in addition to tracking the crucial inflation reading from the U.S.
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vor 547 Tagen
U.S. Consumer Prices Rise 0.3% In January, In Line With Estimates
A highly anticipated report released by the Commerce Department on Thursday showed consumer prices in the U.S. increased in line with economist estimates in the month of January. The Commerce Department said consumer prices rose by 0.3 percent in January after inching up by a revised 0.1 percent in December. Excluding food and energy prices, core consumer prices climbed by 0.4 percent in January.
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vor 547 Tagen
U.S. Jobless Claims Rise More Than Expected To 215,000
First-time claims for U.S. unemployment benefits rose by more than expected in the week ended February 24th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 215,000, an increase of 13,000 from the previous week's revised level of 202,000. Economists had expected jobless claims to rise to 210,000.
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vor 547 Tagen
Medtronic Files Complaint Against Axonics With US ITC For Two Patent Infringements
Healthcare technology company Medtronic plc (MDT) announced Thursday it filed a complaint with the U.S. International Trade Commission (ITC), along with a parallel action in U.S. District Court for the District of Delaware, to block Axonics, Inc. (AXNX) from improperly importing and selling products that infringe two Medtronic patents related to the MRI compatibility of implantable medical devices.
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vor 547 Tagen
German Inflation Lowest Since June 2021
Germany's consumer price inflation eased further in February to its lowest level in over two-and-a-half years, while core inflation remained unchanged validating the European Central Bank's view that it is too early to think of cutting interest rates.
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vor 547 Tagen
UK Mortgage Approvals At 15-Month High
British mortgage approvals increased to a 15-month high at the start of the year, signalling that the impact of higher interest rates is fading in the property market. Mortgage approvals for house purchases rose to 55,200 in January from 51,500 in December, the Bank of England said Thursday. Approvals were the highest since October 2022.
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vor 547 Tagen
U.S. Consumer Prices Increase In Line With Estimates In January
A highly anticipated report released by the Commerce Department on Thursday showed consumer prices in the U.S. increased in line with economist estimates in the month of January.
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vor 547 Tagen
more news
U.S. Dollar Retreats After PCE Data
The U.S. personal consumption expenditures price index for January has been released at 8:30 am ET Thursday. After the data, the greenback pulled back against its major counterparts.
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vor 547 Tagen
U.S. Weekly Jobless Claims Rise More Than Expected
First-time claims for U.S. unemployment benefits rose by more than expected in the week ended February 24th, according to a report released by the Labor Department on Thursday.
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vor 547 Tagen
Conagra Brands To Divest Its 51.8% Ownership Stake In India-based Agro Tech Foods
Conagra Brands, Inc. (CAG) announced Thursday that one of its subsidiaries has entered into a definitive agreement with funds advised by Convergent Finance and Samara Capital to divest its 51.8% ownership stake in Agro Tech Foods Ltd.
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vor 547 Tagen
Bay Street Likely To See Some Wild Swings At Open
With a slew of Canadian earnings updates, Canadian GDP data and U.S. inflation readings in focus, Bay Street is likely to see a somewhat volatile start on Thursday.
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vor 547 Tagen
Marcus Q4 Net Loss Sharply Narrows
Marcus Corp. (MCS) reported on Thursday that net loss attributable to the company for the fourth quarter sharply narrowed to $1.44 million or $0.05 per share from $9.32 million or $0.30 per share in the prior-year quarter.
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vor 547 Tagen
German Unemployment Rises More Than Expected
Joblessness in Germany increased more than expected in February as the weaker economic activity started to hurt the labor market. The unemployment rate remained unchanged at 5.9 percent in February, data from the Federal Labor Agency showed Thursday. The rate was seen at 5.8 percent.
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vor 547 Tagen
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