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Teva Pharma Boosts FY23 Revenue Outlook - Update
While reporting financial results for the second quarter on Wednesday, Teva Pharmaceutical Industries Ltd (TEVA) reaffirmed its adjusted earnings guidance for the full-year 2023, while raising annual revenue outlook.
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657 days ago
Kraft Heinz Reaffirms FY23 Outlook - Update
While reporting financial results for the second quarter on Wednesday, Kraft Heinz Co. (KHC) reaffirmed its adjusted earnings and organic net sales growth guidance for the full-year 2023.
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657 days ago
Waters Slashes FY23 Outlook - Update
While reporting financial results for the second quarter on Wednesday, specialty measurement company Waters Corp. (WAT) slashes its adjusted earnings and sales growth outlook for the full-year 2023 and provided guidance for the third quarter.
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657 days ago
CVS Health Confirms FY23 Adj. EPS Outlook - Update
While reporting financial results for the second quarter on Wednesday, CVS Health (CVS) on Thursday lowered its earnings guidance for the full-year 2023, while confirming annual adjusted earnings outlook.
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657 days ago
Sensex, Nifty Tumble On Risk Aversion After US Rating Downgrade
Indian shares fell sharply on Wednesday, mirroring weak cues from global markets as data showing a slowdown in global manufacturing activity in July and Fitch's downgrade of the U.S. credit rating by one notch spurred risk aversion.
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657 days ago
Oil Prices Rise On Huge Inventory Drawdown
Oil prices traded higher on Wednesday after industry data showed a sharp drop in U.S. crude stocks last week.
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657 days ago
European Shares Tumble On Worries About US Finances
European stocks fell sharply on Wednesday after Fitch downgraded the U.S. government's credit rating from AAA to AA+, citing fiscal deterioration and repeated debt ceiling standoffs.
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657 days ago
more news
FTSE 100 Down 127 Points As Traders Await BOE Decision
U.K. stocks slumped on Wednesday, with miners suffering heavy losses on China demand worries and Fitch's move to downgrade U.S. credit rating.
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657 days ago
CAC 40 Slips After US Rating Downgrade
French stocks fell sharply on Wednesday after Fitch downgraded the U.S. government's credit rating from AAA to AA+, citing fiscal deterioration and repeated debt ceiling standoffs.
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657 days ago
DAX Slumps On Concerns Over US Economy
German stocks succumbed to heavy selling pressure on Wednesday, with the lack of details on China's stimulus measures and the U.S. credit rating downgrade by Fitch Ratings denting sentiment.
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657 days ago
Asian Shares Tumble After US Credit Rating Downgrade
Asian stocks tumbled on Wednesday after various surveys showed factory activity around the world took a further turn for the worse in July.
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657 days ago
Antipodean Currencies Slide As Asian Stock Markets Traded Lower
Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major rivals in the Asian session on Wednesday, as investors reacted to data that showed a slowdown in global manufacturing activity in July, including in China, Japan, South Korea, Taiwan and Vietnam, raising fresh concerns about Asia's fragile economic recovery.
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657 days ago
European Economic News Preview: Spain Unemployment Data Due
Unemployment from Spain is the only major economic news due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, producer price figures are due from Romania. At 3.00 am ET, Spain's labor agency is scheduled to issue monthly unemployment data for July. The number of people out of work is forecast to fall 38,200 after a decline of 50,300 in June.
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657 days ago
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