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Himax Technologies Issues Q1 Guidance; Q4 Profit Plunges - Quick Facts
While reporting financial results for the fourth quarter on Thursday, semiconductor company Himax Technologies Inc. (HIMX) provided earnings and revenue growth guidance for the first quarter of fiscal 2023.
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Credit Suisse Stock Down On Q4 Loss, FY23 View For Substantial Pre-tax Loss
Shares of Credit Suisse Group AG were losing around 9 percent in the morning trading in Switzerland as well as in pre-market activity on the NYSE after the banking major said it sees substantial loss before taxes in fiscal 2023 after reporting narrower loss in its fourth quarter with lower expenses, despite weak revenues.
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Sensex, Nifty Extend Gains For Second Day Amid Volatile Trade
Indian shares rose for a second straight session on Thursday, though overall gains remained limited as Adani Group stocks began trading lower again after a two-day recovery.
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Swedish Krona At 6-day High Against U.S. Dollar After Riksbank Decision
The Swedish krona climbed against the U.S. dollar in the European session on Thursday, as Sweden central bank lifted its key interest rate by 50 basis points and signaled additional hike during the spring.
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European Shares Gain Amid Earnings Deluge
European shares rose for a third straight session on Thursday, with a slew of positive earnings updates and expectations of a milder-than-expected recession boosting sentiment.
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FTSE 100 Gains As Recession Worries Ease
U.K. stocks traded higher on Thursday as a slew of upbeat earnings results offset concerns surrounding inflation and interest-rate hikes.
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CAC 40 Gains On Earnings Boost
French stocks were sharply higher on Thursday as investors cheered strong earnings results and waited for U.S. inflation data due next week for additional clues on the U.S. rate outlook.
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Disney To Cut 7,000 Jobs, Sees $5.5 Bln Cost Savings; To Reinstate Dividend
Walt Disney Co. announced plans to cut 7,000 jobs worldwide as part of its restructuring efforts to save billions in costs. The planned layoffs represent around 3.6 percent of Disney's global workforce. Chief Executive Officer Bob Iger, during the company's first-quarter earnings call, said the restructuring would help the firm save $5.5 billion in costs.
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957 hari yang lalu
DAX Rallies On Inflation Data
German stocks rallied on Thursday after preliminary data showed German inflation rose by a less than anticipated 8.7 percent year-on-year in January, helping ease pressure on the European Central Bank to keep raising rates.
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German Inflation Slows In January
Germany's harmonized inflation slowed in January underpinned by government subsidies on energy bills, official data showed Thursday. Inflation, based on the harmonized index of consumer prices, eased unexpectedly to 9.2 percent from 9.6 percent in December, provisional data from Destatis revealed. The rate was seen at 10.0 percent.
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Asian Shares End On Muted Note; Chinese And Hong Kong Markets Rally
Asian stocks ended on a muted note Thursday after comments from a slew of Federal Reserve officials suggested that U.S. interest rates will keep climbing for some time to cool prices.
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957 hari yang lalu
European Economic News Preview: Germany Inflation Data Due
Consumer prices data from Germany is the top economic news due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, Destatis releases Germany's provisional consumer prices data for January. Economists expect consumer price inflation to rise to 8.9 percent in January from 8.6 percent in December.
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958 hari yang lalu
European Shares Seen Tad Higher At Open
European stocks may open a tad higher on Thursday despite persistent uncertainty over inflation and interest rates.
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