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Bank Of Canada Leaves Rates Unchanged, Still Concerned About Inflation Outlook
Citing the outlook for the economy and inflation, the Bank of Canada on Wednesday announced its widely expected decision to leave interest rates unchanged. The decision to leave rates unchanged comes as the Bank of Canada said its Governing Council is "still concerned about risks to the outlook for inflation, particularly the persistence in underlying inflation."
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572 days ago
Annovis Bio Says Phase III Study Data Release For Buntanetap In Parkinson's Disease Postponed
Drug platform company Annovis Bio, Inc. (ANVS) announced Wednesday a postponement in the Phase III study data release for buntanetap in Parkinson's Disease. This adjustment is due to ongoing data cleaning efforts to ensure the accuracy and reliability of the study results.
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572 days ago
Red Bull F1 Teams Inks Multi-year Agreement With Visa As Global Partner
Red Bull F1 Teams and Visa, Inc. (V) announced Wednesday an unprecedented multi-year agreement where Visa will become the first global partner of both Red Bull F1 teams, bringing a new look team to the F1 grid in the form of Visa Cash App RB, formerly Scuderia AlphaTauri.
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572 days ago
Eurozone Private Sector Contracts At Slowest Pace In 6 Months
Eurozone private sector activity shrank at the slowest pace in six months in January but price pressures intensified in the service sector, which is likely to delay interest rate cuts, survey data from S&P Global revealed on Wednesday. The flash HCOB composite output index rose to a six-month high of 47.9 from 47.6 in December. The expected score was 48.0.
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572 days ago
Amphenol Guides Q1 Adj. EPS In Line With Estimates - Update
While reporting financial results for the fourth quarter on Wednesday, Amphenol Corp. (APH) provided its adjusted earnings and sales guidance for the first quarter of fiscal 2024, assuming the continuation of current market conditions as well as constant exchange rate.
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572 days ago
Bay Street Looks Headed For Positive Start; BoC Monetary Policy In Focus
Higher Canadian and U.S. futures, firm commodity prices and positive lead from European markets point to a higher open for stocks on Bay Street Wednesday morning.
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572 days ago
UK Private Sector Growth Momentum Gains Strength
The UK private sector recovery gained strength at the start of the year, led by the rebound across the service economy, flash survey results from S&P Global showed on Wednesday. The composite output index rose to a seven-month high of 52.5 in January from 52.1 in December. The score was above the neutral 50.0 threshold for the third straight month.
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572 days ago
more news
AT&T Q4 Adj. EPS Miss View; Sees FY24 Adj. Earnings Below Market; Stock Down
Telecom giant AT&T, Inc. reported Wednesday a profit in its fourth quarter, compared to prior year's hefty loss, benefited by sharply lower charges as well as profitable 5G and AT&T Fiber subscriber gains. Adjusted earnings per share, meanwhile, missed market estimates. Further, the company issued fiscal 2024 adjusted earnings view below the Street estimates.
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572 days ago
Abbott Laboratories Guides FY24 Adj. EPS In Line With Estimates - Update
While reporting financial results for the fourth quarter on Wednesday, Abbott Laboratories (ABT) initiated earnings and adjusted earnings guidance for the full-year 2024.
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572 days ago
Kimberly-Clark Initiates FY24 EPS, Sales Growth Outlook - Update
While reporting financial results for the fourth quarter on Wednesday, consumer products firm Kimberly-Clark Corp. (KMB) initiated its adjusted earnings per share and sales growth guidance for the full-year 2024, reflecting continued momentum.
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572 days ago
Teledyne Technologies Guides Q1 Well Below Estimates - Update
While reporting financial results for the fourth quarter on Wednesday, Teledyne Technologies Inc. (TDY) initiated earnings and adjusted earnings guidance for the first quarter and for the full-year 2024.
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572 days ago
Pound Climbs Amid Strong U.K. PMI Data
The pound moved up against its major counterparts in the European session on Wednesday, after a data showed that the nation's private sector activity expanded further in January.
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572 days ago
Orano Canada-Denison Mines JV To Restart McClean Lake Uranium Mining Operations
Orano Canada Inc. and Denison Mines Corp. (DNN, DML.TO), as joint-venture partners in the McClean Lake Joint Venture, announced Wednesday that the JV has approved a restart of uranium mining operations using the joint venture's patented Surface Access Borehole Resource Extraction (SABRE) mining method.
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572 days ago
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