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Dollar Mixed Ahead Of U.S. GDP Data
The U.S. GDP data for the second quarter and weekly jobless claims for the week ended September 24 are due at 8:30 am ET Thursday. The greenback traded mixed against its major counterparts before the data. While it held steady against the yen and the pound, it dropped against the euro and the franc.
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960 days ago
Bay Street Likely To Open On Weak Note
Lower Canadian and U.S. futures and weak bullion prices point to a negative opening for Canadian shares on Thursday.
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960 days ago
Eurozone Economic Confidence Near 2-Year Low
Eurozone economic confidence weakened to the lowest level in nearly two years in September as all surveyed business sectors reported marked declines, signaling a recession in the currency bloc, survey results from European Commission showed Thursday. The economic confidence index declined more-than-expected to 93.7 in September from 97.3 in the previous month.
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960 days ago
Worthington Industries Q1 Results Top Estimates; To Separate Steel Processing Business
Industrial manufacturing company Worthington Industries, Inc. (WOR) reported Thursday that net earnings for the first quarter plunged to $64.1 million or $1.30 per share from $132.5 million or $2.55 per share in the prior-year quarter.
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960 days ago
Bed Bath & Beyond Maintains FY22 Outlook - Update
While reporting financial results for the second quarter on Thursday, beleaguered home improvement retailer Bed Bath & Beyond, Inc. (BBBY) maintained its comparable sales guidance for the full-year 2022.
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960 days ago
Euro Climbs After Hawkish ECB Remarks
The euro advanced against its major counterparts in the European session on Thursday, as German bond yields rose and several policymakers of the European Central Bank supported another large interest rate hike next month.
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960 days ago
Rite Aid Q2 Adj. Loss Wider Than Estimates; Slashes FY23 Adj. Loss Outlook
While reporting financial results for the second quarter on Thursday, drugstore chain Rite Aid Corp. (RAD) slashed its outlook for fiscal 2023 net loss primarily due to goodwill impairment charges in the Pharmacy Services Segment and increased impairment charges for closed stores. Meanwhile, it maintained annual revenue forecast.
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960 days ago
more news
Sensex, Nifty Fail To Hold On To Early Gains
Indian shares ended Thursday's session modestly lower, failing to hold on to early gains as oil prices climbed and the positive impact on bond markets from the Bank of England's intervention began to fade.
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960 days ago
European Shares Tumble As Recession Risks Mount
European stocks tumbled on Thursday, as the boost from the Bank of England's intervention in bond markets began to fade and Sweden's coast guard discovered a fourth gas leak on the damaged Nord Stream pipelines, heightening energy security concerns.
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960 days ago
FTSE 100 Slips On Fiscal Policy Concerns
U.K. stocks fell sharply on Thursday as the positive impact on bond markets from the Bank of England's intervention began to fade.
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960 days ago
CAC 40 Retreats Amid Energy Woes
French stocks declined on Thursday as investors fretted about a worsening energy crisis in Europe.
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960 days ago
DAX Slides Ahead Of Inflation Data
German stocks tumbled on Thursday as the boost from the Bank of England's intervention in bond markets faded and a fourth leak on the Nord Stream pipelines has been reported off southern Sweden, raising fresh concerns about the security of Europe's energy supplies.
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960 days ago
Asian Shares Mostly Higher After BoE Move
Asian stocks followed Wall Street higher on Thursday after the Bank of England stepped in to buy U.K. debt, helping ease volatility in the currency and bond markets.
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960 days ago
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