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U.S. Manufacturing Activity Contracts Slower Than Expected In April
U.S. manufacturing activity contracted for the sixth consecutive month in April, according to a report released by the Institute for Supply Management on Monday, although the pace of contraction slowed by more than expected.
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828 일 전
California Resources Appoints Manuela Molina As New CFO
California Resources Corp. (CRC), an energy and carbon management company, announced Monday that Manuela Molina has been appointed as Executive Vice President and Chief Financial Officer, effective May 8, 2023. Molina succeeds Francisco Leon, who was named President and Chief Executive Officer and a member of the Company's Board of Directors as of April 28, 2023.
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828 일 전
Canadian Dollar Lower As Oil Prices Drop
The Canadian dollar weakened against its major counterparts in the European session on Monday, as oil prices fell amid weak factory activity data from China and concerns about further monetary tightening by the Federal Reserve.
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828 일 전
ON Semiconductor Guides Q2 Well Below Estimates - Update
While reporting financial results for the first quarter on Monday, ON Semiconductor Corp. (ON) provided earnings and revenue guidance for the second quarter of fiscal 2023.
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828 일 전
Pizza Hut Unveils Cheesesteak; To Host Dinner Series With Chain
Pizza Hut, a subsidiary of Yum! Brands, Inc., is introducing Cheesesteak, a grilled sirloin steak, as both a pizza and a crispy handheld Melt, starting May 2. To celebrate the launch, the pizza major is partnering with Chain, the Los Angeles pop-up phenomenon, to host Pizza Haute's Dinner Series that will kick off later this month.
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828 일 전
Norwegian Cruise Line Q1 Adj. Loss Narrower Than Estimates; Boost FY23 Outlook
Norwegian Cruise Line Holdings Ltd. (NCLH) reported Monday that its net loss for the first quarter sharply narrowed to $159.32 million or $0.38 per share from $982.71 million or $2.35 per share in the prior-year quarter.
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828 일 전
Bay Street Likely To Open With Negative Bias
Canadian shares are likely to open with a negative bias on Monday, weighed down by weak crude oil and gold prices.
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828 일 전
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WEC Energy Reaffirms FY23 Earnings Outlook - Update
While reporting financial results for the first quarter on Monday, energy company WEC Energy Group (WEC) reaffirmed its earnings guidance for the full-year 2023 in the range of $4.58 to $4.62 per share, assuming normal weather for the remainder of the year.
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828 일 전
Pound Drops Against Majors
The pound fell against its major counterparts in the European session on Monday.
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828 일 전
JPMorgan Chase Buys Majority Of First Republic Bank From FDIC
Banking major JPMorgan Chase & Co. said it has acquired substantial majority of assets and assumes certain liabilities of First Republic Bank following an auction by Federal regulators for the troubled lender. JPMorgan expects to recognize an upfront, one-time, post-tax gain of around $2.6 billion, which does not reflect approximately $2.0 billion post-tax restructuring costs anticipated...
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828 일 전
Asian Stocks Mixed In Holiday Trade
Asian markets moved mixed on Monday amidst holidays in several regions. Bank of Japan continuing with its ultra-loose monetary policy and maintaining status quo on the yield curve control policy helped sentiment. Mood was also supported by the view that Reserve Bank of Australia would be holding rates steady in its impending review due on Tuesday.
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828 일 전
Adidas Sued By Investors Over Kanye West's Yeezy Deal
Sportswear giant Adidas has been sued by investors over its now terminated partnership with Yeezy brand, owned by American designer and rapper Kanye West, reports said. West is not party to the lawsuit, which was filed over allegations that the German firm was aware of his problematic behaviour years before it ended their partnership. They also alleged that the company failed to limit financial...
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828 일 전
South Korea Exports Fall For Seventh Straight Month
South Korea's exports declined for the seventh consecutive month in April due to the weak demand for semiconductors and a continuing fall in shipments to China, figures from the Ministry of Trade, Industry and Energy showed Monday. Exports decreased 14.2 percent on a yearly basis in April, bigger than March's 13.6 percent decrease. Shipments were forecast to drop 13.5 percent.
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828 일 전
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