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U.S. Dollar Drops Amid Soft ADP Data
The U.S. dollar declined against its major counterparts in the New York session on Wednesday, as the nation's private sector job growth slowed more than expected in January.
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575 일 전
Chicago Business Barometer Unexpectedly Indicates Faster Contraction In January
MNI Indicators released a report on Wednesday showing Chicago-area business activity unexpectedly contracted at an accelerated rate in the month of January. The report said the Chicago business barometer slipped to 46.0 in January from an upwardly revised 47.2 in December, with a reading below 50 indicating a contraction.
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575 일 전
Boeing Q4 Loss Sharply Narrows, Tops Estimates
Boeing Co. (BA) reported on Wednesday a loss for the fourth quarter that sharply narrowed from last year, reflecting a 10 percent revenue growth amid improved commercial volume and performance. Core loss per share came in above analysts' expectations and quarterly revenues also topped it.
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576 일 전
Group 1 Automotive To Cut U.K. Headcount By Approximately 10% - Update
While reporting financial results for the fourth quarter on Wednesday, Group 1 Automotive, Inc. (GPI) President and Chief Executive Officer Daryl Kenningham said the automotive retailer expects to cut its U.K. headcount by approximately 10 percent as it focuses on reducing costs in the U.K. in the first quarter of 2024.
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576 일 전
Judge Voids Elon Musk's $56 Bln Tesla Compensation
A Delaware judge voided Elon Musk's $56 billion Tesla compensation package, calling it an "unfathomable sum" that was unfair to shareholders, reports said. Chancellor Kathaleen McCormick of Delaware's Court of Chancery ruled that the Tesla CEO cannot keep pay package worth more than $55 billion. Tesla shares had dropped about 3 percent in extended trade on Tuesday.
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576 일 전
U.S. Private Sector Job Growth Slows More Than Expected In January
Private sector job growth in the U.S. slowed by more than expected in the month of January, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment rose by 107,000 jobs in January after climbing by a downwardly revised 158,000 jobs in December.
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576 일 전
Bay Street Likely To Open On Cautious Note; Fed Policy In Focus
It's likely to be a cautious start for the Canadian market Wednesday morning, with investors digesting the nation's GDP reading, and awaiting the Federal Reserve's monetary policy announcement, due later in the day.
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576 일 전
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German Unemployment Logs Unexpected Fall Despite Economic Woes
Joblessness in Germany registered an unexpected decrease in January as the labor market remained strong despite the economy moving closer to a recession. The number of people out of work decreased by 2,000, offsetting the increase of 2,000 in December, the Federal Labor Agency said Wednesday. Economists had forecast unemployment to increase sharply by 11,000.
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576 일 전
Roper Technologies Guides FY24 Adj. EPS Below Estimates; Q4 Results Top Estimates
While reporting financial results for the fourth quarter on Wednesday, Roper Technologies, Inc. (ROP) initiated its earnings and adjusted earnings from continuing operations as well as revenue growth guidance for the full-year 2024. The company also provided outlook for the first quarter.
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576 일 전
Hong Kong GDP Growth Improves In Q4
Hong Kong's economy expanded at a faster pace at the end of the year largely reflecting the rebound in tourism and household consumption,the advance estimates from the Census and Statistics Department showed Wednesday. Gross domestic product registered a faster growth of 4.3 percent in the fourth quarter, following an increase of 4.1 percent a quarter ago.
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576 일 전
Teva Pharma Guides FY24 Revenue Above Estimates; Intends To Divest API Business - Update
While reporting financial results for the fourth quarter on Wednesday, Teva Pharmaceutical Industries Ltd (TEVA) initiated its adjusted earnings and revenue guidance for the full-year 2024.
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576 일 전
Lennox Int'l Guides FY24 Adj. EPS In Line With Estimates; Q4 Results Top Estimates
While reporting financial results for the fourth quarter on Wednesday, Lennox International Inc. (LII) initiated its earnings and revenue growth guidance for the full-year 2024.
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576 일 전
Otis Worldwide Q4 Results Top Estimates; Guides FY24 In Line With View
Otis Worldwide Corp. (OTIS) reported Wednesday that net income for the fourth quarter grew to $323 million or $0.79 per share from $297 million or $0.71 per share in the prior-year quarter.
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576 일 전
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