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Australia GDP Data Due On Wednesday
Australia will on Wednesday release Q4 figures for gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to expand 0.7 percent on quarter and 2.7 percent on year after rising 0.6 percent on quarter and 5.9 percent on year in the previous quarter.
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Australia Manufacturing PMI Improves To 50.5 In February - Judo Bank
The manufacturing sector in Australia moved into expansion territory in February, the latest survey from Judo Bank showed on Wednesday with a manufacturing PMI score of 50.5.
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New Zealand Building Permits Slip 1.5$ In January
The total number of building permits issued in New Zealand was down a seasonally adjusted 1.5 percent on month in January, Statistics New Zealand said on Wednesday - after sinking 7.1 percent in December.
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U.S. Dollar Moves Higher After Seeing Early Weakness
After seeing some weakness earlier in the day, the value of the U.S. dollar has moved higher over the course of trading on Tuesday.
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Swiss Stock Market Closes In The Red
The Swiss stock market opened lower on Tuesday and spent the entire session in the red, handing back gains from the previous session.
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European Markets Hand Back Monday's Gains
The major European markets finished lower on Tuesday, denting the solid gains from the previous session.
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Pound Rallies On Brexit Deal Optimism
The pound was higher against its major counterparts in the New York session on Tuesday, as traders cheered new U.K.-European Union deal on Northern Ireland.
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Chicago Business Barometer Unexpectedly Edges Lower In February
Chicago-area business activity unexpectedly contracted at a slightly faster rate in the month of February, according to a report released by MNI Indicators on Tuesday. MNI Indicators said its Chicago business barometer edged down to 43.6 in February from 44.3 in January, with a reading below 50 indicating a contraction.
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U.S. Consumer Confidence Index Unexpectedly Drops For Second Straight Month
A report released by the Conference Board on Tuesday showed U.S. consumer confidence unexpectedly decreased for the second consecutive month in February. The Conference Board said its consumer confidence index slid to 102.9 in February from a downwardly revised 106.0 in January.
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Kohl's Appoints Dave Alves As President And COO
Department store chain Kohl's Corp. (KSS) announced Tuesday that 30-year retail veteran Dave Alves has been named its President and Chief Operating Officer, reporting to CEO Tom Kingsbury, effective in April.
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FINMA Concludes Proceedings Against Credit Suisse Related To Lex Greensill And His Companies
The Swiss Financial Market Supervisory Authority or FINMA, announced Tuesday it has concluded its enforcement proceedings against Credit Suisse Group (CS) in connection with its business relationship with financier Lex Greensill and his companies.
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Palatin Technologies Says USPTO Issues Patent On Vyleesi For Hypoactive Sexual Desire Disorder
Biopharmaceutical company Palatin Technologies, Inc. (PTN) announced Tuesday that the United States Patent and Trademark Office issued U.S. Patent No. 11,590,209, titled "Use of Bremelanotide in Patients with Controlled Hypertension."
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Cracker Barrel Guides FY23 Well Above Estimates; Declares Dividend - Update
While reporting financial results for the second quarter on Tuesday, Cracker Barrel Old Country Store, Inc. (CBRL) said it anticipates revenue growth of 7 to 9 percent for the full-year 2023.
On average, nine analysts polled by Thomson Reuters expect the company to report net sales growth of 4.5 percent to $3.64 billion for the quarter.
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