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Helen Of Troy Q2 Results Top Estimates; Maintains FY24 Outlook; Confirms Brian Grass As CFO
Helen of Troy Ltd. (HELE) announced Wednesday second-quarter net income of $27.38 million or $1.14 per share, down from $30.67 million or $1.28 per share in the prior-year quarter.
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Sensex, Nifty End Lower On Rate Worries
Indian shares ended lower on Wednesday, tracking weak global markets after the August U.S. job openings survey signaled a tight labor market, keeping the risks tiled toward another Fed rate hike.
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New Zealand Holds Key Rate; Policy To Remain Restrictive
New Zealand's central bank decided to hold its benchmark rate unchanged and suggested that they will remain restrictive to ensure that inflation returns to the target. The Monetary Policy Committee of the Reserve Bank of New Zealand, led by Governor Adrian Orr, maintained the Official Cash Rate at 5.50 percent, in line with expectations.
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European Shares Reverse Early Losses Amid Data Deluge
European stocks reversed early losses to turn higher on Wednesday, as investors reacted to a slew of economic data and European Central Bank (ECB) President Lagarde's speech at a conference in Frankfurt.
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FTSE 100 Little Changed In Cautious Trade; Tesco Gains After Raising Outlook
U.K. stocks were little changed on Wednesday as investors reacted to mixed earnings updates and weaker services data.
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CAC 40 Edges Higher With Service PMI In Focus
French stocks were marginally higher on Wednesday after a survey showed services sector activity in the country shrank less than initially thought in September.
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DAX Extends Losses On Rate Worries
German stocks traded lower on Wednesday after the August U.S. job openings data showed a large pickup with vacancies - stoking fresh fears of higher-for-longer interest rates.
The downside remained capped after a survey showed activity in Germany's services sector edged up slightly in September, following a drop in the previous month.
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Asian Shares Retreat On Fed Rate Uncertainty
Asian stocks succumbed to selling pressure on Wednesday as signs of a strong U.S. job market added to fears that high interest rates could weigh on global growth.
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NZ Dollar Falls As RBNZ Leaves Key Rate Unchanged
The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday after New Zealand's central bank decided to hold its benchmark rate unchanged, as widely expected.
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European Economic News Preview: Eurozone Final PMI, Retail Sales Data Due
Final Purchasing managers' survey results and retail sales from euro area are the top economic news due on Wednesday. At 3.15 am ET, Spain's HCOB services PMI survey results are due. Economists forecast the services PMI to rise to 49.8 in September from 49.3 in the previous month.
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European Shares To Open Lower On US Rate Worries
European stocks are seen opening on a cautious note Wednesday as fresh signs of economic strength stoked concerns that U.S. monetary policy will remain restrictive for longer.
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NZ Dollar Falls Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday.
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Sensex Down Over 400 Points In Early Trade; Nifty At 19,410
Indian shares opened lower on Wednesday, tracking weak cues from global markets after the August U.S. job openings survey signaled a tight labor market, keeping the risks tiled toward another Fed rate hike.
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