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UK Manufacturing Activity Remains In Deep Contraction Zone
The UK manufacturing activity continued to contract in October with downturns in production and new orders curtailing job creation and economic uncertainty and the cost of living crisis pushed sentiment to a 10-month low, final survey results from S&P Global revealed on Wednesday. The Chartered Institute of Procurement & Supply final manufacturing Purchasing Managers' Index, or PMI rose to 44.8
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vor 664 Tagen
Pound Drops Against Most Majors
The pound fell against its most major counterparts in the European session on Wednesday.
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vor 664 Tagen
U.S. Private Sector Employment Increases Less Than Expected In October
A report released by payroll processor ADP on Wednesday showed private sector employment in the U.S. increased by less than expected in the month of October.
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vor 664 Tagen
Dollar Drops Following ADP Data
U.S. ADP private payrolls data for October has been released at 8:15 am ET Wednesday. The greenback fell against its major counterparts after the data.
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vor 664 Tagen
TTM Technologies Slips To Loss In Q3, But Results Top Estimates; Stock Up 9%
TTM Technologies, Inc. (TTMI) reported Wednesday a net loss for the third quarter of $37.1 million or $0.36 per share, compared to net income of $43.5 million or $0.42 per share in the prior-year quarter.
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vor 664 Tagen
Dollar Mixed Ahead Of ADP Data
U.S. ADP private payrolls data for October is scheduled for release at 8:15 am ET Wednesday. Ahead of the data, the greenback traded mixed against its major counterparts. While the currency held steady against the franc and the yen, it rose against the euro and the pound.
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vor 664 Tagen
IQVIA Holdings Slashes FY23 Outlook - Update
While reporting financial results for the third quarter on Wednesday, life sciences services company IQVIA Holdings Inc. (IQV) slashed its adjusted earnings and revenue guidance for the full-year 2023. The company also provided financial outlook for the fourth quarter, well below estimates.
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vor 664 Tagen
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UK House Prices Rise Unexpectedly On Supply Constraints: Nationwide
UK house prices unexpectedly climbed in October due to a shortage of properties amid the robust labor market conditions, data from the mortgage lender Nationwide Building Society revealed Wednesday. House prices posted a monthly growth of 0.9 percent in October, following a 0.1 percent rise in September. This was the highest since August 2022, when the rate of increase was the same.
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vor 664 Tagen
Scotts Miracle-Gro Posts Sharply Wider Loss In Q4, But Results Top Estimates
Scotts Miracle-Gro Co. (SMG) reported Wednesday a net loss for the first quarter of $468.4 million or $8.33 per share, sharply wider than $220.1 million or $3.97 per share in the prior-year quarter.
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vor 664 Tagen
Bay Street Likely To Open On Cautious Note; Fed Policy In Focus
The Canadian market is likely to open on a cautious note on Wednesday as investors await the Federal Reserve's monetary policy announcement, due later in the day. Energy stocks may gain on higher crude oil prices.
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vor 665 Tagen
Estee Lauder Slashes FY24 Outlook - Update
While reporting financial results for the first quarter on Wednesday, Estee Lauder Cos., Inc. (EL) slashed its earnings, adjusted earnings and revenue growth guidance for the full-year 2024. The company also provided outlook for the second quarter, well below estimates.
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vor 665 Tagen
Brinker International Q1 Adj. EPS Tops Estimates; Boosts Adj. EPS Outlook
Casual dining restaurant owner Brinker International, Inc. (EAT) reported Wednesday net income for the first quarter of $7.2 million or $0.16 per share, compared to a net loss of $30.2 million or $0.69 per share in the prior-year quarter.
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vor 665 Tagen
Humana Affirms FY22 Adj. EPS Outlook - Update
While reporting financial results for the third quarter on Wednesday, health insurer Humana Inc. (HUM) affirmed its adjusted earnings guidance for the full-year 2023.
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vor 665 Tagen
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