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European Stocks Close Lower As Rate Hike Concerns Resurface
European stocks closed lower on Tuesday as concerns about interest rate hikes resurfaced after some Fed officials said the U.S. central bank needs to raise interest rate beyond 5% and hold it at higher levels for a longer duration in order to rein in inflation.
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871 일 전
U.S. Stocks Swinging Between Gains And Losses In Cautious Trade
U.S. stocks are swinging between gains and losses on Tuesday with investors digesting some speeches from Fed officials including Chairman Jerome Powell, and making largely cautious moves.
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871 일 전
U.S. Dollar Retreats Amid Powell's Remarks
The U.S. dollar erased some of its early gains against its major counterparts in the New York session on Tuesday, as Federal Reserve Chairman Jerome Powell abstained from commenting on monetary policy.
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871 일 전
Albertsons Cos. Q3 Results Top Estimates
Food and drug retailer Albertsons Companies, Inc. (ACI), which has agreed to a merger with Kroger, reported Tuesday that profit for the third quarter plunged from last year, hurt by a special dividend payment related to the Kroger. However, both adjusted earnings per share and quarterly revenues topped analysts' estimates.
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871 일 전
Fewer German Companies Plan To Raise Prices: Ifo
Fewer German businesses have immediate plans to raise their prices in December than a month ago amid hopes of a slowdown in consumer and producer prices, the latest survey conducted by ifo Institute showed on Tuesday.
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871 일 전
TD SYNNEX Q4 Results Top Estimates; Guides Q1 In Line With Estimates; Boosts Dividend 17%
TD SYNNEX (SNX) reported Tuesday that net income for the fourth quarter surged to $221.1 million or $2.31 per share from $119.4 million or $1.24 per share in the prior-year quarter.
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871 일 전
Amazon Says 'Buy With Prime' Boosts Shopper Conversion By An Average Of 25%
Amazon.com, Inc. (AMZN) announced Tuesday that Buy with Prime, the company's direct-to-consumer offering for merchants' own online stores, has been shown to increase shopper conversion by an average of 25%.
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871 일 전
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Bay Street Seen Opening On Weak Note
Lower Canadian and U.S. futures, and weak cues from Asian and European markets point to a negative start on Bay Street Tuesday morning.
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871 일 전
UK Retail Sales Log Faster Growth On Higher Prices: BRC
UK retail sales increased notably at the end of the year, reflecting higher prices and strong Christmas shopping, data released by the British Retail Consortium and accountancy firm KPMG revealed Tuesday. Like-for-like sales grew 6.9 percent on a yearly basis in December, faster than the 4.2 percent rise in November.
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871 일 전
Hydro One Promotes David Lebeter To President And CEO
Hydro One Ltd. (H.TO) said Tuesday its Board of Directors announced the appointment of David Lebeter as the company's new President and CEO. Lebeter's appointment is effective February 1 and his transition will be supported by Interim President and CEO William Sheffield.
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871 일 전
GE HealthCare Q4 Preliminary Revenue Up About 7% To About $4.9 Bln
Providing preliminary unaudited revenue results for the fourth quarter and full year 2022 on Tuesday, GE HealthCare Technologies Inc. (GEHC), recently spun-off from General Electric Co. (GE), said revenue for the fourth quarter grew about 7 percent to about $4.9 billion from last year. Organic revenue growth was approximately 12 percent.
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872 일 전
French Industrial Production Rebounds In November
France's industrial production rebounded at a stronger-than-expected pace in November as operations returned to normal after the labor strike in refineries, official data revealed Tuesday. Industrial output climbed 2.0 percent from October, when it decreased by a revised 2.5 percent, the statistical office INSEE reported. Production was expected to grow by a modest 0.8 percent.
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872 일 전
CECO Environmental Expects Q4 Orders To Exceed $145 Mln
CECO Environmental Corp. (CECO) announced Tuesday it expects orders for the fourth quarter of 2022 to exceed $145 million, an increase of at least $55 million, or 60 percent, over the prior-year quarter and $43 million, or 42 percent, on a sequential basis, providing CECO with year-end backlog at or near record levels.
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872 일 전
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