Berita Valas

Philadelphia-Area Manufacturing Activity Continues To Decline In July

Philadelphia-area manufacturing activity continued to decline in the month of July, the Federal Reserve Bank of Philadelphia revealed in a report released on Thursday. The Philly Fed said its diffusion index for current activity crept up to a negative 13.5 in July from a negative 13.7 in June, with a negative reading indicating a contraction.
RTTNews | 769 days ago
Japan Govt Downgrades Growth Outlook; Forecast Inflation To Exceed BoJ Target

Japan Govt Downgrades Growth Outlook; Forecast Inflation To Exceed BoJ Target

Japan's government downgraded the economic growth outlook for the current fiscal year on weak exports, but upwardly revised the forecast for inflation on strong wage hikes and it is now seen above the Bank of Japan's target. The government, led by Premier Kishida Fumio, forecast the economy to grow 1.3 percent in the current fiscal year ending March 2024.
RTTNews | 769 days ago
U.S. Weekly Jobless Claims Unexpectedly Dip To 228,000

U.S. Weekly Jobless Claims Unexpectedly Dip To 228,000

First-time claims for U.S. unemployment benefits unexpectedly dipped in the week ended July 15th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 228,000, a decrease of 9,000 from the previous week's unrevised level of 237,000. Economists had expected jobless claims to inch up to 242,000.
RTTNews | 769 days ago
American Airlines Boosts FY23 Outlook As Q3 Results Top Estimates

American Airlines Boosts FY23 Outlook As Q3 Results Top Estimates

American Airlines reported Thursday a net profit for the second quarter that almost tripled from last year, reflecting operating revenue growth and lower operating expense, primarily aircraft fuel expenses. Adjusted earnings per share and quarterly operating revenues topped analysts' estimates. The company also raised its outlook for the full-year 2023.
RTTNews | 769 days ago
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Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Canadian shares are likely to see a mixed start on Thursday, with investors reacting to updates from big-name U.S. companies Netflix and Tesla, and tracking commodity prices.
RTTNews | 769 days ago
Genuine Parts Boosts FY23 Adj. EPS Outlook - Update

Genuine Parts Boosts FY23 Adj. EPS Outlook - Update

While reporting financial results for the second quarter on Thursday, Genuine Parts Co. (GPC) raised its adjusted earnings guidance for the full-year 2023, while reaffirming annual total net sales growth.
RTTNews | 769 days ago

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