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U.S. Durable Goods Orders Spike 4.7% In June Amid Continued Surge In Aircraft Demand
New orders for U.S. manufactured durable goods soared by much more than expected in the month of June, according to a report released by the Commerce Department on Thursday. The Commerce Department said durable goods orders shot up by 4.7 percent in June after surging by an upwardly revised 2.0 percent in May.
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662 days ago
SIA Group Q1 Profit Surges
SIA Group Ltd. reported that its first-quarter net profit soared 98.4 percent to S$734 million from S$370 million in the prior-year quarter. This was primarily driven by robust demand for air travel through the mid-year school holidays and the start of the summer travel season.
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662 days ago
U.S. Weekly Jobless Claims Unexpectedly Dip To Five-Month Low
The Labor Department released a report on Thursday unexpectedly showing a modest decrease in first-time claims for U.S. unemployment benefits in the week ended July 22nd. The report said initial jobless claims slipped to 221,000, a decrease of 7,000 from the previous week's unrevised level of 228,000. Economists had expected jobless claims to inch up to 235,000.
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662 days ago
S&P Global Reiterates FY23 Outlook - Update
While reporting financial results for the second quarter on Thursday, data giant S&P Global, Inc. (SPGI) reiterated its earnings, adjusted pro forma earnings and adjusted pro forma revenue growth guidance for the full-year 2023.
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662 days ago
Reliance Steel Q2 Results Miss Estimates; Guides Q3 Adj EPS In Line With View
While reporting financial results for the second quarter on Thursday, metals service center company Reliance Steel & Aluminum Co. (RS) said it expects adjusted earnings for the third quarter in a range of $4.90 to $5.10 per share, as the company expects its average selling price per ton sold for the quarter to be down 2 to 5 percent.
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662 days ago
HCA Healthcare Boosts FY23 Outlook; Declares Dividend - Update
While reporting financial results for the second quarter on Thursday, healthcare provider HCA Healthcare, Inc. (HCA) raised its earnings and revenue guidance for the full-year 2023.
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662 days ago
U.S. GDP Growth Unexpectedly Accelerates In Q2
U.S. economic growth unexpectedly accelerated in the second quarter of 2023, the Commerce Department revealed in a preliminary report released on Thursday.
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662 days ago
more news
U.S. Durable Goods Orders Surge Much More Than Expected In June
New orders for U.S. manufactured durable goods orders soared by much more than expected in the month of June, according to a report released by the Commerce Department on Thursday.
RTTNews
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662 days ago
U.S. Weekly Jobless Claims Unexpectedly Edge Lower
The Labor Department released a report on Thursday unexpectedly showing a modest decrease in first-time claims for U.S. unemployment benefits in the week ended July 22nd.
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662 days ago
Lincoln Electric Promotes COO Steven Hedlund To Succeed Christopher Mapes As President And CEO
Lincoln Electric Holdings, Inc. (LECO) announced Thursday that Christopher Mapes, Chairman, President and Chief Executive Officer (CEO), who has served as President and CEO since 2012, will retire as President and CEO on December 31, 2023, and will be designated as Executive Chairman of the Board, effective January 1, 2024.
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662 days ago
Euro Drops After ECB Decision
As expected, the European Central Bank raised its main refinancing rate by 25 basis points to 4.25 percent from 4 percent. Following the announcement, the euro fell against its major opponents.
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662 days ago
Bay Street Likely To Open On Firm Note
Canadian shares look headed for a firm start Thursday morning, tracking positive European markets and higher commodity prices.
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662 days ago
AbbVie Boosts FY23 Outlook As Q2 Results Top Estimates
While reporting financial results for the second quarter on Thursday, biopharmaceutical company AbbVie, Inc. (ABBV) trimmed its adjusted earnings guidance for the full-year 2023.
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662 days ago
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