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Forex News
U.S. Retail Sales Rise 0.2% In June, Much Less Than Expected
A report released by the Commerce Department on Tuesday showed retail sales in the U.S. increased by much less than expected in the month of June. The Commerce Department said retail sales edged up by 0.2 percent in June after climbing by an upwardly revised 0.5 percent in May.
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671 days ago
Roper Technologies' DAT Reaches Amicable Settlement With Convoy On Pending Litigation
DAT Freight & Analytics, a wholly owned subsidiary of Roper Technologies, Inc. (ROP), and digital freight network Convoy, announced Tuesday an amicable settlement of pending legal action between DAT and Convoy.
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671 days ago
FTSE 100 Cautious Ahead Of Inflation Update
FTSE 100 of the London Stock Exchange edged lower amidst anxiety ahead of release of inflation data for the month of June on Wednesday. Consumer Price Inflation in the U.K. is seen falling to 8.2 percent, from 8.7 percent in the previous month.
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671 days ago
U.S. Retail Sales Rise Less Than Expected In June
A report released by the Commerce Department on Tuesday showed retail sales in the U.S. increased by much less than expected in the month of June.
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671 days ago
Morgan Stanley Q2 Profit Down, Yet Tops View
Financial services firm Morgan Stanley reported Tuesday weak profit in its second quarter, despite increased revenues in a challenging market environment. Earnings per share and topline, however, beat market estimates. In the quarter, Institutional Securities net revenues declined, reflecting continued muted activity in Investment Banking and declines in Equity and Fixed Income.
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671 days ago
Cracker Barrel Appoints Julie Felss Masino To Succeed Sandra Cochran As President And CEO
The Board of Directors of Cracker Barrel Old Country Store, Inc. (CBRL) announced Tuesday that Julie Felss Masino will succeed Sandra Cochran as the Company's next President and Chief Executive Officer.
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671 days ago
Euro Weakens On Easing Rate Hike Concerns
The euro was lower on Tuesday, as comments from European Central Bank officials raised hopes that the central bank is nearing the end of the rate-hiking cycle.
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671 days ago
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CAC-40 Rises Amidst Cautious Trade
The CAC-40 edged higher on Tuesday as investors cautiously focus on the earnings season. Growth outlook on China continued to sway sentiment especially for luxury businesses with exposure to China.
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671 days ago
Bay Street Seen Opening On Mixed Note; Inflation Data In Focus
Canadian shares are likely to open on a mixed note on Tuesday, with investors reacting to Canadian inflation data and tracking European stocks and commodity prices.
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671 days ago
Lockheed Martin Boosts FY23 Outlook - Update
While reporting financial results for the second quarter on Tuesday, security and aerospace company Lockheed Martin Corp. (LMT) raised its earnings and net sales guidance for the full-year 2023.
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671 days ago
DAX Hesitant As Earnings Updates Trickle In
The DAX benchmark of the Frankfurt bourse edged lower on Tuesday as markets wait for the onset of the earnings season. Market sentiment remains cautious ahead of interest rate decisions by the Federal Reserve and ECB next week. Less-than-expected GDP readings from China also swayed sentiment for the oil and metals stocks.
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671 days ago
Major European Markets Roughly Flat In Lackluster Trade
European stocks are roughly flat around noon in lackluster trade on Tuesday with investors largely refraining from making significant moves, as they await some key economic and earnings updates from the U.S. and major European nations.
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671 days ago
Bank Of America Q2 Profit Increases, Tops Estimates
Bank of America Corp. (BAC) reported Monday that net income applicable to common shareholders for the second quarter grew to $7.10 billion from last year's $5.93 billion, with earnings per share increasing to $0.88 from $0.73 in the prior year.
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671 days ago
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