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Forex News
Euro Mixed After ECB Decision
As expected, the European Central Bank kept its main refinancing rate steady at 4.5 percent. Following the announcement, the euro traded mixed against its major opponents. While it fell against the dollar, it changed little against the rest of major rivals.
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573 days ago
Reliance Steel Q3 Results Meet Estimates; Guides Q4 Adj EPS Well Below Estimates
While reporting financial results for the third quarter on Thursday, metals service center company Reliance Steel & Aluminum Co. (RS) said it expects adjusted earnings for the fourth quarter in a range of $3.70 to $3.90 per share, as the company expects its average selling price per ton sold for the quarter to be down 4 to 6 percent.
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573 days ago
Bristol-Myers Squibb Boosts FY23 Adj. EPS Outlook As Q3 Adj. EPS Tops Estimates
While reporting financial results for the third quarter on Thursday, biopharmaceutical company Bristol-Myers Squibb Co. (BMY) lowered its adjusted earnings guidance for the full-year 2023, while maintaining annual revenue outlook.
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573 days ago
Endeavor Seeks Alternatives; Investor Silver Lake Considers Taking It Private
Endeavor Group Holdings, Inc. shares were gaining around 22 percent in pre-market activity on the NYSE after its major investor Silver Lake said it is considering taking the sports and entertainment company private. Silver Lake, the owner of around 71 percent of the voting power of Endeavor, was responding to Endeavor's announcement that it has initited a formal review to evaluate strategic...
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573 days ago
Lennox Int'l Boosts FY23 Outlook As Q3 Results Top Estimates
While reporting financial results for the third quarter on Thursday, Lennox International Inc. (LII) raised its earnings and revenue growth guidance for the full-year 2023.
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573 days ago
Canadian Dollar Climbs Against U.S. Dollar, Euro
The Canadian dollar advanced against the U.S. dollar and the euro in the European session on Thursday.
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573 days ago
Sensex, Nifty Plunge Amid Global Selloff
Indian shares ended deep in the red on Thursday, with key benchmark indexes Sensex and Nifty falling for the sixth straight session on interest-rate concerns and lingering Middle East tensions.
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573 days ago
more news
Philippines Central Bank Resorts To Unexpected Off-Cycle Rate Hike
The Philippine central bank took an off-cycle monetary policy action on Thursday as it raised its key interest rate to anchor inflation expectations and to provide support to the currency. The board of Bangko Sentral Ng Pilipinas, governed by Eli Remolona, decided to hike the target reverse repurchase rate by 25 basis points to 6.50 percent.
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573 days ago
European Shares Decline On Downbeat Earnings; ECB Decision Eyed
European stocks fell on Thursday as downbeat earnings from the likes of WPP, Unilever, Mercedes Benz and BNP Paribas added to concerns around elevated bond yields and the Middle East tensions.
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574 days ago
FTSE 100 Slips On Weak Earnings
U.K. stocks declined on Thursday as investors reacted to rising bond yields and disappointing corporate earnings.
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574 days ago
CAC 40 Declines On Rate Worries
French stocks traded lower on Thursday amid renewed concerns over rising interest rates and the ongoing Israel-Hamas conflict.
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574 days ago
DAX Tumbles On Disappointing Earnings
German stocks tumbled on Thursday, with interest-rate worries and a slew of downbeat earnings denting investor sentiment.
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574 days ago
Asian Shares Retreat On Rate Hike Worries
Asian stocks declined on Thursday, tracking steep losses on Wall Street overnight on surging bond yields and mixed earnings news.
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574 days ago
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