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Eurozone Economic Confidence Logs Moderate Rise
Eurozone economic confidence improved moderately in November, thanks to higher sentiment among consumers and construction managers, survey results from the European Commission revealed Wednesday. The economic confidence index rose to 93.8 in November from 93.5 in October. The reading came in line with expectations.
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609 days ago
Patterson Trims FY24 Outlook - Update
While reporting financial results for the second quarter on Wednesday, medical supplies company Patterson Companies Inc. (PDCO) trimmed its earnings and adjusted earnings guidance for the full-year 2024.
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609 days ago
KKR To Acquire Remaining 37% Of Global Atlantic In $2.7 Bln Cash Deal
KKR & Co. Inc. (KKR) and Global Atlantic Financial Group LLC announced Wednesday a definitive agreement under which KKR will acquire the remaining 37% stake of insurance company Global Atlantic, increasing KKR's ownership to 100%.
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609 days ago
Dollar Tree Trims FY23 Earnings, Revenue Outlook - Update
While reporting financial results for the third quarter on Wednesday, Dollar Tree, Inc. (DLTR) provided guidance for the fourth quarter and trimmed its earnings and revenue guidance for the full-year 2023.
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609 days ago
FTSE 100 Grappling With Restrictive Monetary Policy
Euphoria over dovish comments by Fed officials and easing inflation in Europe failed to lift sentiment for the FTSE 100 benchmark of the London Stock Exchange.
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609 days ago
European Stocks Mostly Higher On Soft Inflation Data, Dovish Fed Comments
European stocks are mostly higher a little past noon on Wednesday with dovish comments from Fed Governor Christopher Waller on Tuesday raising optimism that the U.S. central bank might cut rate as early as March 24.
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609 days ago
CAC-40 Rebounds As Easing In Inflation Triggers Rate Cut Hopes
The CAC-40 benchmark rebounded in Wednesday's trading amidst the sentiment boost provided by easing inflation indicators from Spain and Germany.
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609 days ago
more news
Sensex, Nifty Close On Buoyant Note
Indian shares, led by information technology stocks, rallied sharply on Wednesday amid optimism the Federal Reserve will start cutting interest rates by March next year.
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609 days ago
DAX Surges On Fed Cues, Softer Regional CPI
The DAX benchmark of the Frankfurt bourse rallied more than a percent in Wednesday's trading amidst data showing a cooling in inflation in the regional CPI updates.
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609 days ago
FDA Probes Serious Risk Of Secondary Cancer Following CAR T Cell Therapies
The Food and Drug Administration or FDA said it is investigating serious risk of T-cell malignancies following BCMA or CD19-directed autologous Chimeric Antigen Receptor or CAR T cell Immunotherapies. However, the overall benefits of these products continue to outweigh their potential risks for their approved uses.
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609 days ago
Asian Equities Close On A Mostly Negative Note
Asian markets closed on a predominantly negative note on Wednesday amidst anxiety ahead of release of PMI readings from China.
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609 days ago
New Zealand Holds Interest Rate As Expected
New Zealand's central bank decided to hold the benchmark interest rate unchanged and to keep the policy at a restrictive level for longer. The Monetary Policy Committee of the Reserve Bank of New Zealand, led by Governor Adrian Orr, maintained the Official Cash Rate at 5.50 percent.
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610 days ago
NZ Dollar Rises As RBNZ Holds Rates As Expected
The New Zealand dollar appreciated sharply against other major currencies in the Asian session on Wednesday, after the announcement of Reserve Bank of New Zealand's Official Cash Rate steady, as expected by the economists.
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610 days ago
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