Designer Brands Slashes FY23 Outlook As Q1 Results Miss Estimates

Designer Brands Q4 Results Top Estimates

Fashion retailer Designer Brands Inc. (DBI) reported on Thursday a net loss attributable to the company for the fourth quarter of $29.70 million or $0.52 per share, compared to net income of $45.11 million or $0.66 per share in the prior-year quarter.

RTTNews | 504 일 전

Euro Rises Amid Trump's Tariff Implementations

The euro strengthened against other major currencies in the European session on Thursday, as European shares rallied following the implementation of Trump's extensive "reciprocal" tariffs, which include a blanket 15% tax on exports from the EU.

RTTNews | 8 분 전

FTSE 100 Moderately Lower; BoE Cuts Interest Rate By 0.25%

The U.K. market is down in negative territory a little past noon on Thursday, extending its morning weakness, as investors largely remain cautious despite the Bank of England (BoE) reducing interest rate by a quarter percentage point this noon.

RTTNews | 11 분 전

DAX Up Sharply As Investors React Positively To Earnings

German stocks are up sharply on Thursday, with investors shrugging tariff concerns and going on a buying spree across the board, focusing mostly on earnings. A report showing a growth in the nation's exports in the quarter ended June is aiding sentiment, somewhat outweighing the data showing a sharp drop in industrial output in the month fof June.

RTTNews | 37 분 전

Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Thursday.

RTTNews | 47 분 전

German Industrial Output Declines Most In 11 Months

Germany's industrial production logged its biggest fall in nearly a year in June, data from Destatis revealed on Thursday. Industrial output decreased 1.9 percent on a monthly basis in June, worse than the economists' forecast of 0.4 percent drop. This was the biggest fall since July 2024.Production for May was revised down from the initially estimated 1.2 percent increase.

RTTNews | 59 분 전

Indian Rupee Rises To 3-day High Against U.S. Dollar

The Indian rupee strengthened against the U.S. dollar in the Asian session on Thursday, as the monetary policy outlook from the Reserve Bank of India (RBI) helped the Indian currency amid rising trade tensions with the United States (US).

RTTNews | 1 시간 13 분 전

Sensex, Nifty End Marginally Higher After Early Losses

Indian shares reversed early losses to end on a flat note Thursday. A cautious undertone prevailed after U.S. President Donald Trump signed an executive order imposing an additional 25 percent tariff on India as a "penalty" in response to its continued purchase of Russian oil.

RTTNews | 1 시간 22 분 전

EURUSD	1.16421	GBPUSD	1.33972	AUDUSD	0.65196
USDJPY	147.465	USDCAD	1.37423	USDCHF	0.80833

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Designer Brands Slashes FY23 Outlook As Q1 Results Miss Estimates