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U.S. Consumer Confidence Improves Much More Than Expected In June
A report released by the Conference Board on Tuesday showed a significant improvement in U.S. consumer confidence in the month of June. The Conference Board said its consumer confidence index jumped to 109.7 in June from a revised 102.5 in May. Economists had expected the index to rise to 103.7 from the 102.3 originally reported for the previous month.
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779 days ago
U.S. New Home Sales Unexpectedly Spike To 15-Month High In May
The Commerce Department released a report on Tuesday unexpectedly showing a sharp increase in new home sales in the U.S. in the month of May. The report said new home sales soared 12.2 percent to an annual rate of 763,000 in May after surging 3.5 percent to a revised rate of 680,000 in April.
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779 days ago
Roche Says FDA Clears Additional Alzheimer's Disease Cerebrospinal Fluid Assays
Swiss drug major Roche Holding AG (RHHBY) announced Tuesday that its Elecsys beta-Amyloid (1-42) CSF II (Abeta42) and Elecsys Total-Tau CSF assays (tTau) have received U.S. Food and Drug Administration (FDA) 510(k) clearance.
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779 days ago
U.S. Durable Goods Orders Unexpectedly Jump In May As Aircraft Demand Soars
Reflecting a continued spike in orders for transportation equipment, the Commerce Department released a report on Tuesday showing an unexpected surge in new orders for U.S. manufactured durable goods in the month of May. The Commerce Department said durable goods orders shot up by 1.7 percent in May after jumping by an upwardly revised 1.2 percent in April.
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779 days ago
Lear Boosts FY23 Outlook
Ahead of its Seating Product Day later on Tuesday, Lear Corp. (LEA), an automotive technology leader in Seating and E-Systems, raised its adjusted net income and net sales guidance for the full-year 2023.
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779 days ago
U.S. Durable Goods Orders Unexpectedly Jump 1.7% In May
Reflecting a continued spike in orders for transportation equipment, the Commerce Department released a report on Tuesday showing an unexpected surge in new orders for U.S. manufactured durable goods in the month of May.
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779 days ago
Booz Allen Hamilton Awarded Position On $2.6 Bln IRS' EDOS Contract
Booz Allen Hamilton (BAH) announced Tuesday that it was awarded a position on the Internal Revenue Service (IRS) Enterprise Development, Operations Services (EDOS) contract, a Blanket Purchase Agreement (BPA) with a ceiling value of $2.6 billion. The multiple-award BPA has a seven-year period of performance.
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779 days ago
more news
Bay Street Likely To Open With Negative Bias; Inflation Data In Focus
Sharply lower crude oil prices and subdued bullion point to a weak opening for Canadian stocks Tuesday morning. However, Canadian inflation data, due before the opening bell, is likely to set the trend for the market.
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779 days ago
Walgreens Boots Alliance Slashes FY23 Adj. EPS Outlook; Stock Down 7% - Update
While reporting financial results for the third quarter on Tuesday, Walgreens Boots Alliance, Inc. (WBA) slashed its adjusted earnings guidance for the full-year 2023 to a range of $4.00 to $4.05 per share from the prior forecast range of $4.45 to $4.65 per share, reflecting challenging consumer and macroeconomic conditions, and lower COVID-19 vaccine and testing volumes.
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779 days ago
Euro Higher As ECB Lagarde Says Inflation Remains Persistent
The euro climbed against its major counterparts during the European session on Tuesday, as European Central Bank President Christine Lagarde remarked that inflation in the region remained too high and the central bank cannot declare victory at present.
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779 days ago
3D Systems Enhances Proposal To Combine With Stratasys
3D Systems Corp. (DDD) announced Tuesday that it has submitted an enhanced proposal to the Board of Directors of Stratasys Ltd. (SSYS) to combine the two companies in a cash and stock transaction that would convert each Stratasys ordinary share into $7.50 in cash and 1.3223 newly issued shares of 3D Systems common stock.
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779 days ago
Korn Ferry Guides Q1 Adj. EPS Below Estimates; Q4 Adj. EPS Meets View
While reporting financial results for the fourth quarter on Tuesday, consulting firm Korn Ferry, Inc. (KFY) provided earnings, adjusted earnings and fee revenue guidance for the first quarter.
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779 days ago
Sensex Jumps 446 Points Led By Financials; Nifty Ends Above 18,800
Indian shares rose notably on Tuesday despite muted global cues.
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779 days ago
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