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Community Trust Bancorp Q2 Profit Edges Down
(RTTNews) - Community Trust Bancorp, Inc. (CTBI) reported Wednesday net earnings for the second quarter of $19.50 million or $1.09 per share, edging up from $19.40 million or $1.08 per share in the prior-year quarter.
Net interest income for the quarter grew to $45.68 million from $43.08 million last year and noninterest income increased to $15.71 million from $14.76 million last year.
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Community Trust Bancorp Q2 Profit Declines
Community Trust Bancorp, Inc. (CTBI) reported Wednesday net earnings for the second quarter of $20.27 million or $1.14 per share, down from $23.93 million or $1.34 per share in the prior-year quarter.
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U.S. Consumer Prices Inch Up 0.1% In May, Slightly Less Than Expected
A closely watched report released by the Labor Department on Wednesday showed a slight increase by consumer prices in the U.S. in the month of May. The Labor Department said its consumer price index inched up by 0.1 percent in May after rising by 0.2 percent in April. Economists had expected another 0.2 percent increase.
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Bay Street Seen Opening On Mixed Note
It's likely to be a mixed start for Canadian shares on Wednesday with investors reacting to the crucial U.S. consumer price inflation data, and the developments on the trade front where U.S. and Chinese official reached a framework to implement the Geneva consensus following two days of discussions in London.
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U.S. Consumer Prices Inch Up Slightly Less Than Expected In May
A closely watched report released by the Labor Department on Wednesday showed a slight increase by consumer prices in the U.S. in the month of May.
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FTSE 100 Up Slightly As Investors Await Further News On Trade, U.S. Inflation Data
U.K.'s benchmark index FTSE 100 is roughly flat a little over an hour past noon on Wednesday with investors making cautious moves, reacting to news about U.S.-China trade talks, and some corporate updates, while awaiting the crucial inflation data from the U.S.
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CAC 40 Drifts Lower In Cautious Trade
The French market is down in negative territory Wednesday afternoon, with stocks moving in a narrow range as investors await further details on U.S.-China trade talks, and the crucial inflation data from the U.S. later in the day.
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Euro Rises Amid Risk-on Mood
The euro strengthened against other major currencies in the European session on Wednesday amid increased risk-on mood, as investors monitored the latest updates from Sino-U.S. talks and awaited crucial U.S. inflation data for direction.
After two days of discussions in London, U.S. and Chinese officials have agreed on a limited framework to put their trade truce back on track.
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Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Wednesday.
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