Newell Brands Guides FY24 Below Estimates - Update

Newell Brands Slashes FY23 Outlook - Update

While reporting financial results for the third quarter on Friday, consumer goods company Newell Brands, Inc. (NWL) slashed its normalized earnings and sales growth guidance for the full-year 2023.

RTTNews | 594 days ago

U.S. Dollar Weakens After Soft PPI Data

The U.S. dollar dropped against its major counterparts in the New York session on Thursday, as soft producer inflation data for May raised hopes of a rate cut by the Federal Reserve.

RTTNews | 19 minutes ago

Canadian Market Up Slightly In Cautious Trade

After a flat start and a subsequent drop, the Canadian market moved into positive territory Thursday morning, led by gains in materials and communications sectors. The mood remains cautious amid uncertainty about U.S.-China trade deal and easing prospects of he European Union arriving at a pact with the U.S. before the July 8 deadline. Middle East tensions also weigh on sentiment.

RTTNews | 2h 3min ago

U.S. Producer Prices Inch Up 0.1% In May, Less Than Expected

After reporting an unexpected decrease by U.S. producer prices in the previous month, the Labor Department released a report Thursday showing producer prices crept slightly higher in the month of May. The Labor Department said its producer price index for final demand inched up by 0.1 percent after slipping by a revised 0.2 percent in April.

RTTNews | 4h 51min ago

U.S. Weekly Jobless Claims Unexpectedly Unchanged At Eight-Month High

The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits came in flat in the week ended June 7th. The report said initial jobless claims in at 248,000, unchanged from the previous week's revised level. Economists had expected jobless claims to dip to 240,000 from the 247,000 originally reported for the previous week.

RTTNews | 4h 54min ago

Bay Street Likely To Open On Negative Note

Canadian shares are likely to open with a negative bias on Thursday as trade concerns, and Middle East tensions may weigh on sentiment. A lack of specifics in the framework agreed to by U.S. and Chinese officials on Tuesday has raised uncertainty about the two nations reaching an agreement anytime soon.

RTTNews | 5h 37min ago

U.S. Producer Prices Inch Up Less Than Expected In May

RTTNews | 6h 4min ago

U.S. Weekly Jobless Claims Unchanged At 248,000

The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits came in flat in the week ended June 7th.

RTTNews | 6h 10min ago

EURUSD	1.15776	GBPUSD	1.35946	AUDUSD	0.65279
USDJPY	143.493	USDCAD	1.36024	USDCHF	0.81148

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Newell Brands Guides FY24 Below Estimates - Update