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Berita Valas
U.S. Manufacturing Index Unexpectedly Increases In January
A reading on U.S. manufacturing activity unexpectedly increased in the month of January but continues to indicate contraction, according to a report released by the Institute for Supply Management on Thursday. The ISM said its manufacturing PMI rose to 49.1 in January from a downwardly revised 47.1 in December.
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570 days ago
U.S. Labor Productivity Jumps 3.2% In Q4, More Than Expected
The Labor Department released a report on Thursday showing U.S. labor productivity surged by more than expected in the fourth quarter of 2023. The report said labor productivity shot up by 3.2 percent in the fourth quarter after soaring by a downwardly revised 4.9 percent in the third quarter. Economists had expected labor productivity to jump by 2.5 percent.
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570 days ago
U.S. Weekly Jobless Claims Unexpectedly Rise To 224,000
With the more closely watched monthly jobs report looming, the Labor Department released a report on Thursday unexpectedly showing a modest increase in first-time claims for U.S. unemployment benefits in the week ended January 27th. The Labor Department said initial jobless claims rose to 224,000, an increase of 9,000 from the previous week's revised level of 215,000.
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570 days ago
Bank Of England Hints At Rate Cut
The Bank of England opened the door for interest rate cuts this year after holding the policy rate steady for four straight meetings, and lowered its inflation projections. The Monetary Policy Committee, led by Governor Andrew Bailey, decided in a 6-3 split vote to keep the bank rate at a 15-year high of 5.25 percent, as expected. Interest rates have now peaked and markets are pricing in a rate
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570 days ago
Merck Guides FY24 EPS Above Estimates As Q4 Results Top Estimates
Biopharmaceutical company Merck reported Thursday a net loss for the fourth quarter compared to a profit last year, hurt by hefty charge, despite 6 percent sales growth. However, both adjusted earnings per share and quarterly sales topped analysts' estimates.
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570 days ago
Riksbank Says Rate Cut Possibility In H1 Cannot Be Ruled Out
Sweden's central bank on Thursday left its key interest rate unchanged for a second straight session, as expected, and suggested that a rate cut would be possible in the first half of the year. The Executive Board of the Sveriges Riksbank, led by Governor Erik Thedeen, left the key policy rate steady at 4.00 percent.
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570 days ago
U.S. Labor Productivity Jumps More Than Expected In Q4
The Labor Department released a report on Thursday showing U.S. labor productivity surged by more than expected in the fourth quarter of 2023.
RTTNews
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570 days ago
more news
U.S. Weekly Jobless Claims Unexpectedly Increase
First-time claims for U.S. unemployment benefits unexpectedly saw a modest increase in the week ended January 27th, according to a report released by the Labor Department on Thursday.
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570 days ago
Tractor Supply Guides FY24 EPS In Line With Estimates - Update
While reporting financial results for the fourth quarter on Thursday, rural lifestyle retailer Tractor Supply Co. (TSCO) initiated its earnings, net sales and comparable store sales guidance for the full-year 2024.
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570 days ago
Kirby Q4 Results Top Estimates; Elects Richard Alario To Succeed Joseph Pyne As Chairman
Kirby Corp. (KEX) reported Thursday that net earnings attributable to Kirby for the fourth quarter surged to $61.91 million or $1.04 per share from $37.31 million or $0.62 per share in the prior-year quarter.
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570 days ago
Weak Bullion Prices, Interest Rate Concerns May Weigh On Canadian Shares At Open
Canadian shares may open lower on Thursday with weak bullion prices triggering a sell-off in the materials sector. Concerns about the outlook for interest rates may weigh as well.
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570 days ago
Spire Q2 Results Top Estimates; Affirms FY24 Outlook
Gas utility Spire Inc. (SR) reported Thursday that net loss available to common shareholders for the first quarter decreased to $81.3 million or $1.52 per share from $87.2 million or $1.66 per share in the prior-year quarter.
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570 days ago
Ferrari Q4 Net Profit Rises 33%; Initiates FY24 Outlook
Italian luxury sports carmaker Ferrari N.V. (RACE) reported Thursday that its net profit for the fourth quarter increased to 294 million euros or 1.62 euros per share from 221 million euros or 1.21 euros per share in the prior-year quarter.
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570 days ago
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