Berita Valas

Chicago Business Barometer Drops More Than Expected In July

Growth in Chicago-area business activity slowed by much more than expected in the month of July, according to a report released by MNI Indicators on Friday. MNI Indicators said its Chicago business barometer slid to 52.1 in July from 56.0 in June. While a reading above 50 still indicates growth, economists had expected the barometer to show a more modest dip to 55.0.
RTTNews | 1119 days ago
U.S. Personal Income Climbs 0.6% In June, Slightly More Than Expected

U.S. Personal Income Climbs 0.6% In June, Slightly More Than Expected

A report released by the Commerce Department on Friday showed personal income in the U.S. increased by slightly more than expected in the month of June. The Commerce Department said personal income climbed by 0.6 percent in June following an upwardly revised 0.6 percent advance in May.
RTTNews | 1119 days ago
Canadian Shares Seen Opening Higher

Canadian Shares Seen Opening Higher

Canadian shares are likely to open higher on Friday, tracking positive cues from European markets and higher crude oil and bullion prices.
RTTNews | 1119 days ago
Imperial Oil Q2 Profit Soars

Imperial Oil Q2 Profit Soars

Imperial Oil Ltd. (IMO, IMO.TO) reported on Friday that second-quarter net income soared to C$2.41 billion or C$3.63 per share from C$366 million or C$0.50 per share in the prior-year quarter.
RTTNews | 1119 days ago
Wall Street Seen Opening On Firm Note

Wall Street Seen Opening On Firm Note

Higher U.S. futures and firm European markets thanks to some upbeat earnings announcements point to a positive start on Wall Street Friday morning.
RTTNews | 1119 days ago
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AbbVie Confirms FY22 Adj. EPS Outlook - Update

AbbVie Confirms FY22 Adj. EPS Outlook - Update

While reporting financial results for the second quarter on Friday, biopharmaceutical company AbbVie Inc. (ABBV) confirmed its adjusted earnings guidance for the full-year 2022.
RTTNews | 1119 days ago
Eurozone Inflation Sets New High Raising Bets For Bigger ECB Hike Ahead

Eurozone Inflation Sets New High Raising Bets For Bigger ECB Hike Ahead

Eurozone consumer price inflation accelerated further in July to set a new high as prices of food rose at a faster pace, while energy price growth remained high despite easing, raising the prospect of a bigger interest rate hike from the European Central Bank in September. Consumer price inflation climbed to a record 8.9 percent from 8.6 percent in June, preliminary data from Eurostat showed Friday. Economists had forecast the rate to remain unchanged.
RTTNews | 1119 days ago
European Stocks Extending Gains As Investors React To Results, Economic Data

European Stocks Extending Gains As Investors React To Results, Economic Data

European stocks are up in positive territory on Friday, extending recent gains with investors focusing on earnings updates and the latest batch of economic data. Easing worries about aggressive rate hikes by the Federal Reserve contribute as well to the positive mood in the markets.
RTTNews | 1119 days ago
W.P. Carey Boosts FY22 AFFO Outlook - Update

W.P. Carey Boosts FY22 AFFO Outlook - Update

While reporting its financial results for the second quarter on Friday, net lease real estate investment trust W.P. Carey Inc. (WPC) now projects adjusted funds from operations or AFFO guidance for the full-year 2022 in a range of $5.22 to $5.30 per share, including Real Estate AFFO of between $5.13 and $5.21 per share.
RTTNews | 1119 days ago
UK Consumer Credit Growth Fastest Since 2019, Mortgage Approvals Fall

UK Consumer Credit Growth Fastest Since 2019, Mortgage Approvals Fall

UK consumer borrowing increased the most in more than three years in June suggesting that households are relying more on credit amid the cost of living crisis and mortgage approvals declined more than expected as the rising interest rate weigh on the property market.
RTTNews | 1119 days ago
P&G Q4 Profit Up 5%, But Misses View; Provides Weak Outlook

P&G Q4 Profit Up 5%, But Misses View; Provides Weak Outlook

Consumer goods giant Procter & Gamble reported on Friday that profit for the fourth quarter increased five percent from last year, driven by net sales growth and lower expenses. Earnings per share for the quarter missed analysts' estimates, but quarterly topped it by a whisker. Looking ahead, the company initiated earnings and sales growth guidance for the full-year 2023, below expectations.
RTTNews | 1119 days ago

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