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Big Lots Guides Q3, Q4 Comp Sales - Update
While reporting financial results for the second quarter on Tuesday, home discount retailer Big Lots, Inc. (BIG) provided comparable sales growth guidance for the third and the fourth quarters.
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J. M. Smucker Boosts FY24 Adj. EPS Outlook - Update
While reporting financial results for the first quarter on Tuesday, consumer goods company J. M. Smucker Co. (SJM) raised its adjusted earnings guidance for the full-year 2024, while maintaining annual net sales growth outlook.
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NIO Inc. Q2 Loss Sharply Widens; Total Revenues Up 14.8%
NIO Inc. (NIO) reported on Tuesday a second quarter net loss attributable to NIO's ordinary shareholders of RMB 6.12 billion or $835.13 million, sharply wider than RMB 2.75 billion in the prior-year quarter. Net loss per ADS was RMB 3.70, compared with a loss of RMB 1.68.
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Indian Rupee Falls To 6-day Low Against U.S. Dollar
The Indian rupee experienced depreciation against the U.S. dollar in evening deals on Tuesday.
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Sensex, Nifty End Modestly Higher In Rangebound Trade
Indian shares eked out modest gains on Tuesday, as the dollar weakened and bond yields slipped amid speculation the Federal Reserve may take a rate-hike breather in September.
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European Shares Gain In Cautious Trade; FTSE 100 Outperforms As Commodity Stocks Surge
European stocks rose on Tuesday, with hopes for more policy support from top consumer China and Fed pause hopes helping underpin investor sentiment.
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FTSE 100 Rallies Led By Commodity Stocks
U.K. stocks rallied on Tuesday, with hopes for more policy support from top consumer China and Fed pause hopes helping underpin investor sentiment.
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more news
CAC 40 Edges Higher As Consumer Confidence Stabilizes
French stocks advanced on Tuesday after a survey showed French consumer confidence stabilized in August, with a score of 85 points and meeting consensus estimates.
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DAX Edges Higher Despite Weak Consumer Sentiment Data
German stocks eked out modest gains on Tuesday, as optimism over fresh policy support from China offset weak German consumer sentiment data.
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Asian Shares Gain On China Stimulus, Fed Pause Hopes
Asian stocks ended broadly higher on Tuesday amid positive sentiment stemming from Fed pause hopes and Chinese stimulus measures.
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Antipodean Currencies Rise Amid Risk Appetite
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday amid risk appetite, as investors welcomed China's announcement of a slew of measures over the weekend to bolster the country's equity market as well as fuel an increase in spending and drive economic growth. The resultant firming of commodity prices also aided sentiment.
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Yen Slides Against Most Majors
The Japanese yen weakened against most major currencies in the Asian session on Tuesday.
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European Economic News Preview: Germany GfK Consumer Confidence Due
Consumer sentiment survey data from Germany is due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, the market research GfK publishes Germany's consumer confidence survey data for September. The forward-looking sentiment index is forecast to rise to -24.3 from -24.4 in August.
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