CAC 40 Inches Higher In Cautious Trade

RTTNews | il y a 42
CAC 40 Inches Higher In Cautious Trade

(RTTNews) - French stocks crept higher in cautious trade on Thursday ahead of a long Easter holiday weekend.

Major European markets will be shut for two days on Friday and Monday to celebrate Easter.

The benchmark CAC 40 was up 21 points, or 0.3 percent, at 8,226 after gaining 0.3 percent the previous day.

A decline in the euro to parity with the dollar beckoned ahead of critical U.S. inflation data release and Fed Chair Jerome Powell's speech on Friday.

Renault rose about 1 percent. Following a share buyback program announced by Nissan on March 27, Renault Group sold 99.13 million shares back to Nissan, or about 2.5 percent of Nissan's capital amounting to 358 million euros.

Casino shares plummeted 63 percent as the retailer announced the effective completion of its financial restructuring.

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Pound Falls As BoE Keeps Rates Unchanged

Pound Falls As BoE Keeps Rates Unchanged

The British pound weakened against other major currencies in the late European session on Thursday, after the Bank of England maintained its key policy rate for the sixth consecutive meeting.
RTTNews | il y a 4h 25min
Endeavor Group Slips To Loss In Q1

Endeavor Group Slips To Loss In Q1

Endeavor Group Holdings, Inc. (EDR) on Thursday reported a net loss attributable to the company of $137.34 million or $0.46 per share, compared to net income of $8.03 million or $0.03 per share in the prior-year quarter.
RTTNews | il y a 4h 34min
U.S. Weekly Jobless Claims Climb To 231,000

U.S. Weekly Jobless Claims Climb To 231,000

First-time claims for U.S. unemployment benefits rose by much more than expected in the week ended May 4th, according to a report released by the Labor Department on Thursday.
RTTNews | il y a 4h 37min
Western Union Resumes Money Transfer Service To Cuba

Western Union Resumes Money Transfer Service To Cuba

Western Union co. (WU), in coordination with its processing partner Orbit S.A., announced Thursday the resumption of its service from the United States to Cuba, effective immediately.
RTTNews | il y a 4h 52min
Bay Street Likely To Open With Slightly Negative Bias

Bay Street Likely To Open With Slightly Negative Bias

Canadian shares are likely to open with a slightly negative bias Thursday morning amid rising uncertainty over U.S. interest rate trajectory, and renewed geopolitical tensions. Energy stocks may move up on firm crude oil prices and help limit market's downside.
RTTNews | il y a 4h 59min
Quaker Houghton Appoints Tom Coler To Succeed Shane Hostetter As CFO

Quaker Houghton Appoints Tom Coler To Succeed Shane Hostetter As CFO

Quaker Houghton (KWR) announced Thursday the appointment of Tom Coler as Executive Vice President and Chief Financial Officer effective June 10, 2024. Coler succeeds Shane Hostetter, who has held the role since 2021 and will be leaving the Company to pursue other opportunities. Hostetter will remain at the company through August 4, 2024, to ensure an orderly transition.
RTTNews | il y a 5h 1min
Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the late European session on Thursday.
RTTNews | il y a 5h 19min