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U.S. Weekly Jobless Claims Climb To 214,000
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rebounded by more than expected in the week ended January 20th.
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572 days ago
Euro Mixed After ECB Decision
As expected, the European Central Bank kept the main refinancing rate unchanged at 4.50 percent. Following the decision, the euro traded mixed against its major counterparts. While it rose against the greenback, it changed little against the rest of major counterparts.
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572 days ago
Bay Street Seen Opening On Mixed Note
Canadian shares are likely to open on mixed note Thursday morning, with investors tracking a mixed trend in commodities markets, and reacting to the European Central Bank's policy announcement.
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572 days ago
Euro Mixed Ahead Of ECB Decision
The monetary policy announcement from the European Central Bank is due at 8.15 am ET Thursday. Markets widely expect the ECB to keep the interest rates on hold today but anticipate early rate cuts as inflation has slowed more sharply.
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572 days ago
UK Car Production Logs Biggest Growth In 13 Years: SMMT
Car production in the United Kingdom grew notably in the year 2023 amid the receding supply chain challenges along with more expansion of electric vehicles, data from the Society of Motor Manufacturers and Traders, or SMMT, showed on Thursday. Total car production climbed 16.8 percent on an annual basis, which was the best growth rate since 2010.
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572 days ago
Knight Therapeutics Inks License Agreement With Amneal Pharma For IPX203
Specialty pharmaceutical company Knight Therapeutics Inc. (GUD.TO) announced Thursday it has entered into an exclusive license agreement with Amneal Pharmaceuticals, Inc. (AMRX), granting Knight the exclusive rights to seek regulatory approval and commercialize IPX203 in Canada and Latin America.
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572 days ago
NextEra Energy Reaffirms FY24, FY25, FY26 Adj. EPS Outlook - Update
While reporting financial results for the fourth quarter on Thursday, clean energy company NextEra Energy, Inc. (NEE) reaffirmed its adjusted earnings guidance for the full year 2024, 2025 and 2026.
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572 days ago
more news
FTSE 100 Slips Amidst Retail Sales Drop
The FTSE 100 slipped in the day's trade amidst U.K.'s retail sales falling the most in three years. Mixed corporate earnings also weighed on sentiment.
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572 days ago
Comcast Boosts Quarterly Dividend 6.9%; Approves New $15 Bln Share Buyback - Update
While reporting financial results for the fourth quarter on Thursday, Comcast Corp. (CMCSA) increased its dividend by $0.08, or 6.9% year-over-year, to $1.24 per share on an annualized basis for 2024.
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572 days ago
Sherwin-Williams Guides FY24 Adj. EPS In Line With Estimates - Update
While reporting financial results for the second quarter on Tuesday, paint and coating manufacturer Sherwin-Williams Co. (SHW) initiated its earnings, adjusted earnings and sales growth guidance for the full-year 2024. The company also provided sales growth guidance for the first quarter.
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572 days ago
Applied Industrial Narrows FY24 Adj. EPS Outlook Range; Q2 Results Top Estimates
While reporting financial results for the second quarter on Thursday, Applied Industrial Technologies Inc. (AIT) narrowed its adjusted earnings guidance range for the full-year 2024, while trimming annual sales growth outlook.
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572 days ago
CAC-40 Slips Ahead Of ECB Decision
The CAC-40 slipped, tracking European peers that erased recent gains amidst anxiety ahead of the monetary policy review by the ECB.
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572 days ago
Humana Guides FY24 Adj. EPS Well Below Estimates; Stock Plunges 17% - Update
While reporting financial results for the fourth quarter on Wednesday, health insurer Humana Inc. (HUM) initiated its adjusted earnings guidance for the full-year 2024, well below estimates. The company said it assumes the higher Medicare Advantage medical costs experienced in the fourth quarter to persist throughout 2024.
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572 days ago
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