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U.S. Import Prices Fall Much More Than Expected In October
Import prices in the U.S. fell by much more than expected in the month of October, according to a report released by the Labor Department on Thursday. The report said import prices slid by 0.8 percent in October after climbing by an upwardly revised 0.4 percent in September.
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vor 651 Tagen
Bay Street Likely To Open On Mixed Note
Canadian shares are likely to see a mixed start on Thursday, tracking European stocks and commodity markets, in addition to reacting to the latest batch of economic data and earnings updates from major U.S. retailers.
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vor 651 Tagen
LINKBANCORP, Partners Bancorp Receive Approval For Merger From Federal Reserve System
LINKBANCORP, Inc. (LNKB), parent company of LINKBANK, and Partners Bancorp (PTRS), a financial services company, announced Thursday the receipt of regulatory approval from the Board of Governors of the Federal Reserve System, the final regulatory approval required to complete the previously announced merger of equals transaction under which Partners will merge with and into LINK in an all-stock transaction, with LINK as the surviving corporation.
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vor 651 Tagen
Target's Black Friday Week Deals To Start On Nov. 19
Ahead of the upcoming holiday season, Target Corp. is offering a full week of Black Friday deals starting November 19, featuring hundreds of thousands of items. The Black Friday Week sale through November 25 features the retailer's best planned prices of the season with deep deals in every category, many of them with up to 50 percent off.
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vor 652 Tagen
Swiss Franc Declines Against Majors
The Swiss franc fell against its major counterparts in the European session on Thursday, as better-than-expected U.S. retail sales data pointed to a soft landing of economy.
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vor 652 Tagen
Eltek Q3 Profit Surges
Eltek Ltd. (ELTK) reported Thursday that net income for the third quarter surged to $2.15 million or $0.36 per share from $1.00 million or $0.17 per share in the prior-year quarter.
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vor 652 Tagen
Children's Place Q3 Adj. EPS Misses Estimates; Slashes FY23 Outlook; Stock Down 18%
Specialty apparel retailer The Children's Place, Inc. (PLCE) reported Thursday that net income for the third quarter decreased to $38.48 million or $3.05 per share from $42.86 million or $3.26 per share in the prior-year quarter.
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vor 652 Tagen
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Philippine Central Bank Keeps Rate Unchanged
The Bangko Sentral ng Pilipinas kept its policy rates untouched on Thursday after an off-cycle rate hike in October and hinted at more tightening if required to steer inflation towards a target-consistent path. The Monetary Board, led by Governor Eli Remolona, maintained the target reverse repurchase rate at 6.50 percent.
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vor 652 Tagen
Macy's Q3 Results Top Estimates; Narrows FY23 Outlook Range
Omni-channel fashion retailer Macy's, Inc. (M) reported Thursday a third-quarter net income of $43 million or $0.15 per share, sharply lower than $108 million or $0.39 per share in the prior-year quarter.
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vor 652 Tagen
Global Blue Group To Invest $100 Mln In Global Blue Common Equity At Price Of $5.50/share
Technology and payments partner Global Blue Group Holding AG (GB) announced Thursday it has entered into a share purchase and investment agreement with Tencent Holdings Ltd. (TCTZF.PK, TCEHY.PK), an internet and technology company.
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vor 652 Tagen
NICE Q3 Results Top Estimates; Boosts FY23 Outlook
NICE Ltd. (NICE), a provider of enterprise software solutions, reported Thursday that net income for the third quarter increased to $92.35 million or $1.39 per share from $71.25 million or $1.07 per share in the prior-year quarter.
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vor 652 Tagen
Sensex, Nifty Extend Gains For Second Day; IT Stocks Surge
Indian shares rose on Thursday despite weak cues from Asia and Europe.
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vor 652 Tagen
Siemens Q4 Profit Falls, Lifts Dividend; Sees Growth In FY24; Stock Up
German conglomerate Siemens AG reported Thursday sharply lower profit in its fourth quarter, while revenue was benefited by strong performance in all industrial businesses. The firm also announced higher dividend, and said it projects comparable sales growth in fiscal 2024, however, slower than last year. The shares were gaining around 6 percent in the morning trading in Germany.
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vor 652 Tagen
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