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Goldman Sachs Q4 Profit Surges
Goldman Sachs Group Inc. (GS) reported Tuesday that net earnings applicable to common shareholders for the fourth quarter surged to $1.87 billion or $5.48 per share from $1.19 billion or $3.32 per share in the prior-year quarter.
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vor 575 Tagen
InMode Boosts FY23 Adj. EPS Outlook
Based on preliminary financial results for the fourth quarter and full year 2023 on Tuesday, medical technology firm InMode Ltd. (INMD) currently expects adjusted earnings for the fourth quarter in a range of $0.68 to $0.69 per share on revenues between $126.0 million and $126.5 million.
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vor 575 Tagen
German Economic Confidence Unexpectedly Improves
German economic sentiment logged an unexpected improvement to reach a near one-year high in January as market experts expect interest rate cuts in the first half of the year, survey results from the think tank ZEW showed Tuesday. The ZEW Indicator of Economic Sentiment rose to 15.2 in January from 12.8 in December. The reading was forecast to fall to 12.0. The latest score was the highest since
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vor 575 Tagen
Uranium Energy Board Approves Restarting Uranium Production In Wyoming
Uranium Energy Corp (UEC) announced Tuesday that the Company's Board of Directors has approved restarting uranium production at its fully permitted, and past producing, Christensen Ranch In-Situ Recovery operations in Wyoming.
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vor 575 Tagen
Westport Fuel Systems Appoints Dan Sceli To Succeed Tony Guglielmin As CEO
Westport Fuel Systems Inc. (WPRT, WPRT.TO) announced Tuesday Dan Sceli as the Company's new Chief Executive Officer and a member of the Westport Board of Directors, effective immediately.
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vor 575 Tagen
Indian Rupee Declines To 4-day Low Against U.S. Dollar
The Indian rupee fell against the U.S. dollar in evening deals on Tuesday, as the latter strengthened on hopes of delay in Fed rate cut.
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vor 575 Tagen
Softening UK Wage Growth Boosts Rate Cut Hopes
The UK wage growth softened in the three months to November suggesting that the upward inflationary pressures are cooling, and bolsters the case for interest rate cuts by the Bank of England. Average earnings including bonuses increased at a slower pace of 6.5 percent in the three months to November after a 7.2 percent gain in the preceding period, the Office for National Statistics said Tuesday
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vor 575 Tagen
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Sensex, Nifty End Lower As IT Stocks Decline On Profit Taking
Indian shares fluctuated before finishing slightly lower on Tuesday as investors awaited speeches by central bank officials at the Davos World Economic Forum meeting 2024 for important clues to the rate outlook.
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vor 575 Tagen
Apple To Remove Blood Oxygen Sensor From Series 9, Ultra 2 Smartwatches
Apple Inc. is removing a blood-oxygen feature from its latest Series 9 and Ultra 2 smartwatches with a view to avoiding a U.S. ban amid the ongoing patent dispute with medical-technology company Masimo Corp. As per a filing by Masimo with the U.S. Court of Appeals for the Federal Circuit, Apple's redesigned watch products definitively do not contain pulse oximetry functionality.
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vor 575 Tagen
European Shares Retreat As Rate Cut Hopes Fade
European stocks traded lower on Tuesday as traders pared back expectations on near-term rate cuts by the U.S. Federal Reserve and the European Central Bank.
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vor 575 Tagen
FTSE 100 Slips After Wage Data
U.K. stocks traded lower on Tuesday while the British pound weakened against other major currencies after data showed that that the U.K. average earnings grew less-than-expected for three months ending November.
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vor 575 Tagen
CAC 40 Declines On Uncertainty Over Rate Cuts
French stocks declined on Tuesday as traders pared back expectations on near-term rate cuts by the U.S. Federal Reserve and the European Central Bank.
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vor 575 Tagen
DAX Slips As Inflation Rises
German stocks fell on Tuesday after data showed German consumer price inflation accelerated somewhat amid a rebound in energy costs, as initially estimated in December.
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vor 575 Tagen
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