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AbbVie Boosts FY23 Outlook As Q2 Results Top Estimates
While reporting financial results for the second quarter on Thursday, biopharmaceutical company AbbVie, Inc. (ABBV) trimmed its adjusted earnings guidance for the full-year 2023.
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Euro Mixed Ahead Of ECB Decision
The European Central Bank will announce interest rate decision at 8:15 am ET Thursday. The ECB is expected to raise the key refi rate by 25 basis points to 4.25 percent from 4 percent.
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McDonald's Q2 Profit Soars, Results Top Estimates
Fast-food giant McDonald's Corp. (MCD) reported Wednesday that net income for the second quarter soared to $2.31 billion or $3.15 per share from $1.19 billion or $1.60 per share in the prior-year quarter.
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Bristol-Myers Squibb Slashes FY23 Outlook As Q2 Results Miss Estimates
While reporting financial results for the second quarter on Thursday, biopharmaceutical company Bristol-Myers Squibb Co. (BMY) slashed its adjusted earnings and revenue growth guidance for the full-year 2023, primarily due to lower than expected sales of Revlimid, and to a lesser extent, Pomalyst.
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U.S. Dollar Down On Fed Hopes
The U.S. dollar lost ground against its major counterparts on Thursday, as comments from Federal Reserve Chair Jerome Powell sparked speculation that the central bank has neared the end of the tightening cycle.
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Honeywell Boosts FY23 Outlook As Q2 Profit Tops Estimates
While reporting financial results for the second quarter on Thursday, technology company Honeywell international, Inc. (HON) raised its adjusted earnings and sales guidance for the full-year 2023, based on the second-quarter performance and management's outlook for the remainder of the year.
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German Consumer Sentiment To Improve In August: GfK
German consumer confidence for August improved as cooling inflation boosted income expectations of households, survey data published by the market research group GfK showed on Thursday. The consumer sentiment index rose to -24.4 from a revised -25.2 in July. The score was seen at -24.7.
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Linde Boosts FY23 Adj. EPS Outlook - Update
While reporting financial results for the second quarter on Thursday, industrial gases company Linde plc (LIN) raised its adjusted earnings guidance for the full-year 2023.
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Sensex, Nifty Give Up Earlier Gains Amid F&O Expiry
Indian shares gave up earlier gains to end a tad lower on Thursday, as volatility on eve of derivative expiry offset firm cues from global markets.
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European Shares Rally As Fed Downplays Recession Risks
European shares hit nine-week highs on Thursday as investors reacted to the Fed's interest-rate decision and awaited the ECB rate announcement later in the day.
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FTSE 100 Slightly Higher Amid Earnings Deluge
U.K. stocks traded slightly higher on Thursday as investors reacted to a slew of earnings updates and awaited the ECB rate decision later in the day.
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CAC 40 Rallies On Strong Earnings
French stocks rallied on Thursday, with Fed rate pause optimism and a slew of upbeat earnings boosting investor sentiment.
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DAX Rallies On Fed Optimism
German stocks climbed on Thursday amid optimism the Federal Reserve is nearing the end of its tightening cycle.
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