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Actualités Forex
Swiss Market Ends Weak After Another Lackluster Session
After a weak start and a subsequent recovery that resulted in a very brief stay in positive territory, the Switzerland stock market languished in the red on Tuesday to eventually close modestly lower.
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European Stocks Close Broadly Lower After Cautious Session
European stocks closed broadly lower on Tuesday as investors largely stayed cautious and refrained from making significant moves ahead of Wednesday's U.S. inflation data, which is expected to provide clues about the pace of Federal Reserve's policy tightening moves.
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Healthcare, Technology Stocks Dragging Down Canadian Market
The Canadian market is down in negative territory around noon on Tuesday, weighed down by losses in healthcare and technology sections.
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U.S. Labor Productivity Continues To Tumble In Q2, Labor Costs Continue To Soar
A report released by the Labor Department on Tuesday showed U.S. labor productivity continued to slump in the second quarter of 2022, while labor costs continued to soar. The Labor Department said labor productivity tumbled by 4.6 percent in the second quarter after plummeting by a revised 7.4 percent in the first quarter.
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Lyft Launches Media And Advertising Business
Ride-hailing company Lyft announced its foray into the media and advertisement business with the launch of Lyft Media as part of its vision to build the world's largest transportation media network. Lyft Media has built a suite of new products to allow advertisers to engage with Lyft's growing audience throughout their transportation journeys.
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U.S. Labor Productivity Shows Another Steep Drop In Q2
A report released by the Labor Department on Tuesday showed U.S. labor productivity continued to slump in the second quarter, while labor costs continued to soar.
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Dollar Falls Ahead Of U.S. Inflation Data
The U.S. dollar was lower against its most major counterparts in the European session on Tuesday, as investors awaited U.S. inflation data for more clues about the pace of future rate hikes by the Federal Reserve.
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more news
Ralph Lauren Affirms FY23 Revenue Growth Outlook - Update
While reporting its financial results for the first quarter on Tuesday, luxury fashion house Ralph Lauren Corp. (RL) affirmed its revenue growth guidance for the full-year 2023. It also provided revenue growth outlook for the second quarter.
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Bay Street May Open With Slightly Negative Bias
Canadian shares are likely to open with a slightly negative bias Tuesday morning, weighed down by weakness in European markets and rising geopolitical tensions.
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Hyatt Hotels Q2 Results Top Estimates
Hyatt Hotels Corp. (H) reported on Tuesday net income attributable to company for the second quarter of $206 million or $1.85 per share, compared to a net loss of $9 million, or $0.08 per share in the prior-year quarter.
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MarineMax To Acquire IGY Marinas For $480 Million In Cash
Recreational boat and yacht retailer MarineMax, Inc. (HZO) announced Tuesday that it has entered into a definitive agreement to acquire Island Global Yachting LLC, which owns and operates a collection of iconic marina assets and a yacht management platform in key global yachting destinations.
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Hormel Foods Transitioning To Three Strategic Operating Segments
Branded food company Hormel Foods Corp. (HRL) announced Tuesday a new strategic operating model, aligning its businesses to be more agile, consumer and customer focused, and market driven.
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European Shares Subdued With Focus On Geopolitical Tensions
European stocks were subdued on Tuesday, as investors kept a wary eye on rising geopolitical tensions and awaited Wednesday's key U.S. inflation print for clues on the Fed's next move.
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