CAC 40 Inches Higher In Cautious Trade

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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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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.
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Quaker Houghton Appoints Tom Coler To Succeed Shane Hostetter As CFO

Quaker Houghton Appoints Tom Coler To Succeed Shane Hostetter As CFO

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RTTNews | 4घंटे 9 मिनट पहले
Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the late European session on Thursday.
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US Foods Q1 Results Top Estimates; Reaffirms FY24 Outlook

US Foods Q1 Results Top Estimates; Reaffirms FY24 Outlook

Foodservice distributor US Foods Holding Corp. (USFD) on Thursday reported first-quarter net income available to common shareholders of $82 million or $0.33 per share, up from $75 million or $0.32 per share in the prior-year quarter.
RTTNews | 4घंटे 28 मिनट पहले