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Berita Valas
Canadian Market Down Marginally In Cautious Trade
The Canadian market remains quite subdued Tuesday afternoon with investors largely refraining from making significant moves while continuing to assess the likely path the Federal Reserve will take with regard to interest rate hikes.
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930 days ago
Swiss Market Ends On Weak Note
The Switzerland stock market ended on a weak note on Tuesday after languishing in the red right through the day's session.
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930 days ago
European Stocks Close Lower As Rate Hike Concerns Resurface
European stocks closed lower on Tuesday as concerns about interest rate hikes resurfaced after some Fed officials said the U.S. central bank needs to raise interest rate beyond 5% and hold it at higher levels for a longer duration in order to rein in inflation.
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930 days ago
U.S. Stocks Swinging Between Gains And Losses In Cautious Trade
U.S. stocks are swinging between gains and losses on Tuesday with investors digesting some speeches from Fed officials including Chairman Jerome Powell, and making largely cautious moves.
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931 days ago
U.S. Dollar Retreats Amid Powell's Remarks
The U.S. dollar erased some of its early gains against its major counterparts in the New York session on Tuesday, as Federal Reserve Chairman Jerome Powell abstained from commenting on monetary policy.
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931 days ago
Albertsons Cos. Q3 Results Top Estimates
Food and drug retailer Albertsons Companies, Inc. (ACI), which has agreed to a merger with Kroger, reported Tuesday that profit for the third quarter plunged from last year, hurt by a special dividend payment related to the Kroger. However, both adjusted earnings per share and quarterly revenues topped analysts' estimates.
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931 days ago
Fewer German Companies Plan To Raise Prices: Ifo
Fewer German businesses have immediate plans to raise their prices in December than a month ago amid hopes of a slowdown in consumer and producer prices, the latest survey conducted by ifo Institute showed on Tuesday.
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931 days ago
more news
TD SYNNEX Q4 Results Top Estimates; Guides Q1 In Line With Estimates; Boosts Dividend 17%
TD SYNNEX (SNX) reported Tuesday that net income for the fourth quarter surged to $221.1 million or $2.31 per share from $119.4 million or $1.24 per share in the prior-year quarter.
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931 days ago
Amazon Says 'Buy With Prime' Boosts Shopper Conversion By An Average Of 25%
Amazon.com, Inc. (AMZN) announced Tuesday that Buy with Prime, the company's direct-to-consumer offering for merchants' own online stores, has been shown to increase shopper conversion by an average of 25%.
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931 days ago
Bay Street Seen Opening On Weak Note
Lower Canadian and U.S. futures, and weak cues from Asian and European markets point to a negative start on Bay Street Tuesday morning.
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931 days ago
UK Retail Sales Log Faster Growth On Higher Prices: BRC
UK retail sales increased notably at the end of the year, reflecting higher prices and strong Christmas shopping, data released by the British Retail Consortium and accountancy firm KPMG revealed Tuesday. Like-for-like sales grew 6.9 percent on a yearly basis in December, faster than the 4.2 percent rise in November.
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931 days ago
Hydro One Promotes David Lebeter To President And CEO
Hydro One Ltd. (H.TO) said Tuesday its Board of Directors announced the appointment of David Lebeter as the company's new President and CEO. Lebeter's appointment is effective February 1 and his transition will be supported by Interim President and CEO William Sheffield.
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931 days ago
GE HealthCare Q4 Preliminary Revenue Up About 7% To About $4.9 Bln
Providing preliminary unaudited revenue results for the fourth quarter and full year 2022 on Tuesday, GE HealthCare Technologies Inc. (GEHC), recently spun-off from General Electric Co. (GE), said revenue for the fourth quarter grew about 7 percent to about $4.9 billion from last year. Organic revenue growth was approximately 12 percent.
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931 days ago
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