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TSX Ends On Firm Note On Strong Jobs Data
The Canadian market ended on a firm note on Friday, led by gains in technology and financials shares.
Strong jobs data and the rally in U.S. technology sector helped underpin sentiment.
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551 days ago
Dollar Stays Largely Subdued Against Major Counterparts
After trading marginally up during the European session, the U.S. dollar turned weak and stayed subdued through much of the day's session on Friday with investors continuing to assess the outlook for interest rates.
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552 days ago
Swiss Market Closes Moderately Lower
The Switzerland market turned weak after a slightly positive start Friday morning, and despite briefly emerging above the flat line around late morning, failed to find support and eventually ended the day's session on a negative note.
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552 days ago
Major European Markets Close Lower On Interest Rate Uncertainty, Geopolitical Tensions
European stocks closed lower on Friday with investors digesting German inflation data, and earnings updates. Uncertainty about interest rate cuts by central banks, and rising geopolitical tensions weighed on sentiment.
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552 days ago
Canadian Market Up Marginally In Cautious Trade After Jobs Data
The Canadian market is up slightly a little past noon on Friday as stocks turn in a mixed performance with investors digesting the nation's jobs data for the month of January and assessing the likely move the central bank with regard to interest rates.
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552 days ago
PepsiCo Q4 Adj. EPS Tops Estimates, But Revenues Miss
Snack and beverage giant PepsiCo Inc. (PEP) on Friday reported that net income for the fourth quarter soared from last year, reflecting lower impairment of intangible assets this year and 18 percent revenue growth in Latin America. Core earnings per share topped analysts' estimates, while annual revenues miss it.
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552 days ago
W.P. Carey Q4 Net Profit Increases; Initiates FY24 AFFO Outlook
Net lease real estate investment trust W.P. Carey Inc. (WPC) reported Friday that net income attributable to the company for the fourth quarter increased to $144.29 or $0.66 per share from $125.04 or $0.58 per share in the prior-year quarter.
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552 days ago
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German Inflation Softens To 31-Month Low
Driven by falling energy prices, Germany's consumer price inflation softened to the lowest level in just over two-and-a-half years, as initially estimated in January, final data from Destatis showed on Friday. The consumer price index, or CPI, registered an annual increase of 2.9 percent in January, which was slower than the 3.7 percent rise in December.
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552 days ago
Bay Street May Open Higher On Firm Oil Prices; Jobs Data, Earnings In Focus
The Canadian market may open with a positive bias on Friday with higher crude oil prices likely to trigger some strong buying in the energy sector. However, Canadian jobs data for the month of January, and earnings updates are set to determine the market's trend.
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552 days ago
Newell Brands Guides FY24 Below Estimates - Update
While reporting financial results for the fourth quarter on Friday, consumer goods company Newell Brands, Inc. (NWL) initiated its normalized earnings and sales growth guidance for the full-year 2024. The company also provided outlook for the first quarter.
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552 days ago
PepsiCo Q4 Profit Soars, Tops Estimates; Boosts Dividend 7% - Quick Facts
Snack and beverage giant PepsiCo Inc. (PEP) on Friday reported that fourth-quarter net income attributable to the company surged to $1.30 billion or $0.94 per share from $518 million or $0.37 per share in the year-ago quarter.
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552 days ago
Magna Int'l Q4 Profit Surges, But Misses Estimates; Guides FY24 Sales In Line
Mobility technology company Magna International, Inc. (MGA, MG.TO) reported Friday that net income attributable to the company for the fourth quarter surged to $271 million or $0.94 per share from $95 million or $0.33 per share in the prior-year quarter.
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552 days ago
Sensex, Nifty End Volatile Session Modestly Higher
Indian shares eked out modest gains on Friday after ending sharply lower the previous day post RBI's decision to hold the repo rate for the sixth consecutive time.
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552 days ago
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