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Bay Street Likely To Open Mixed As Traders Eye U.S. Data For Direction
Canadian shares are likely to see a mixed start Thursday morning, with investors tracking data on U.S. producer prices inflation, retail sales and jobless claims for some clues about the Federal Reserve's outlook for interest rates.
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Dollar Tree To Close Nearly 1000 Family Dollar Stores
Discount retail chain Dollar Tree, Inc. said it is planning to close around 970 underperforming stores of its unit Family Dollar Stores LLC as part of its comprehensive store portfolio optimization review. The planned store closures also include around 30 Dollar Tree stores. According to Rick Dreiling, Chairman and Chief Executive Officer, the decisive steps will strengthen the Family Dollar brand
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G-III Apparel Q4 Adj. EPS Tops Vies; Guides Q1, FY25 Adj. EPS Well Below Estimates
While reporting financial results for the fourth quarter on Thursday, G-III Apparel Group, Ltd. (GIII) initiated its earnings, adjusted earnings and net sales guidance for the first quarter and full-year 2025.
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Build-A-Bear Workshop Guides FY24 Revenue Growth In Line - Update
While reporting financial results for the fourth quarter on Thursday, brick-and-mortar retailer Build-A-Bear Workshop, Inc. (BBW) initiated its revenue growth guidance for the full-year 2024.
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RWE Stock Up On FY23 Adj. Profit, Dividend Growth; Backs Weak FY24 Profit View
German utility RWE AG reported Thursday sharply lower profit in its fiscal 2023 with weak revenues, while adjusted EBIT and EBITDA, key earnings metrics, were higher. Further, the company announced higher dividend, and said it maintains fiscal 2024 earnings view, but now sees at the lower end of the range. In Germany, RWE shares were gaining around 3.5 percent.
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Sensex, Nifty Rebound After Sell-off
Indian shares ended Thursday's session higher, after having suffered heavy losses the previous day amid concerns surrounding elevated valuations in the broader market.
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Pound Rises As European Shares Traded Higher
The British pound strengthened against other major currencies in the European session on Thursday, as investors await the key U.S. data due later in the day that could shed additional light on the outlook for interest rates.
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European Shares Gain On Rate Cut Hopes
European stocks inched higher in cautious trade on Thursday amid bets that the European Central Bank will likely lower borrowing costs in the spring.
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FTSE 100 Little Changed Ahead Of Key US Data
U.K. stocks were little changed on Thursday ahead of key U.S. data due later in the day that could shed additional light on the outlook for interest rates.
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Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Thursday.
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CAC 40 Edges Higher On Rate Cut Expectations
French stocks climbed on Thursday amid expectations the European Central Bank will probably start cutting interest rates during the spring.
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DAX Gains On Hopes Of Spring Rate Cut
German stocks edged higher on Thursday amid bets that the European Central Bank will likely lower borrowing costs in the spring.
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Asian Shares Mixed As Investors Await Key US Data
Asian stocks moved in a tight range before ending mixed on Thursday as investors looked ahead to the release of U.S. producer price inflation, retail sales and jobless claims data, due out later in the day for cues on inflation and interest rates.
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