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Deere & Co. Initiates FY24 Net Income Outlook As Q4 Results Top Estimates
While reporting financial results for the fourth quarter on Wednesday, Deere & Co. (DE) initiated its guidance for net income attributable to the company for the full-year 2024 in a range of $7.75 billion to $8.25 billion.
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637 일 전
ThyssenKrupp Stock Climbs On Positive FY24 Outlook
Shares of thyssenKrupp AG were gaining more than 7 percent in the morning trading in Germany after the industrial engineering and steel company Wednesday said it expects a profit in its fiscal 2024 and higher sales. This was despite reporting a loss in fiscal 2023, compared to prior year's profit, along with weak sales and orders amid an increasingly challenging environment.
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637 일 전
Blackstone To Acquire Civica For Undisclosed Financial Terms
Alternative asset manager Blackstone, Inc. (BX) announced Wednesday that private equity funds managed by its affiliates have entered into a definitive agreement to acquire software company Civica, from private markets firm Partners Group, acting on behalf of its clients.
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637 일 전
Sam Altman To Return As OpenAI CEO
OpenAI, the developer of highly popular generative AI chatbot ChatGPT, announced that it has reached a deal with ousted CEO Sam Altman to reinstate his position. In a post on X platform, OpenAI said, "We have reached an agreement in principle for Sam Altman to return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D'Angelo..."
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637 일 전
Sensex, Nifty End Marginally Higher; Banks Decline
Indian shares ended Wednesday' session marginally higher as easing Middle East tensions offset the modestly hawkish tone of the FOMC minutes.
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637 일 전
Yen Falls As European Shares Traded Higher
The Japanese yen weakened against other major currencies in the European session on Wednesday as European stock markets traded higher, on signs of easing Middle East tensions after Israel and Hamas announced a ceasefire, during which at least 50 Israeli and foreign hostages are due to be released.
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637 일 전
European Shares Gain Ahead Of UK Budget
European stocks advanced on Wednesday despite the latest FOMC minutes offering no indication of possible rate cuts.
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637 일 전
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FTSE 100 Edges Higher Before Budget
U.K. stocks edged up slightly on Wednesday ahead of finance minister's budget update.
Chancellor of the Exchequer Jeremy Hunt will deliver the 2023 Autumn Statement later today, outlining the government's fiscal plan for the year ahead.
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638 일 전
Singapore Trims 2023 Growth Outlook
Singapore narrowed its growth projection for the current year citing subdued foreign demand but the pace of expansion is forecast to improve next year with the recovery in global economies. Given its performance in the first three quarters as well as the external and domestic conditions, the Ministry of Trade and Industry said the economy is set to grow around 1.0 percent this year.
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638 일 전
CAC 40 Edges Higher As Investors Shrug Off Hawkish Fed Minutes
French stocks were slightly higher on Wednesday despite the latest FOMC minutes offering no indication of possible rate cuts.
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638 일 전
DAX Slightly Higher In Cautious Trade
German stocks traded slightly higher on Wednesday after Israel and Hamas agreed to a four-day truce that would see the Palestinian group release dozens of hostages taken on October 7.
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638 일 전
Asian Shares Decline After FOMC Minutes
Asian stocks slipped on Wednesday and the dollar steadied near its weakest level in almost three months after the FOMC (Federal Open Market Committee) meeting minutes largely reaffirmed the U.S. central bank's more cautious stance on interest rates.
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638 일 전
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the pre-European session on Wednesday.
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638 일 전
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