Berita Forex

Target Q3 Results Miss Estimates, While TJX Adj. EPS Top Estimates

Discount retailer Target reported Wednesday that third-quarter net profit halved from last year, reflecting a 330 basis points drop in gross margins, driven primarily by markdowns in an increasingly challenging environment. Both earnings per share and quarterly revenues also missed analysts' estimates. The retailer also provided comparable sales guidance for the fourth quarter.

RTTNews | 997 hari yang lalu

Loonie Mixed Ahead Of Canada CPI

Canada consumer inflation for October is due at 8:30 am ET Wednesday. Ahead of the data, the loonie traded mixed against its major counterparts. While the currency fell against the euro, it held steady against the rest of major rivals.

RTTNews | 997 hari yang lalu

Dollar Steady Ahead Of U.S. Retail Sales

U.S. retail sales and import and export prices for October are due at 8:30 am ET Wednesday. Ahead of the data, the greenback held steady against its major counterparts.

RTTNews | 997 hari yang lalu

Ford CEO Warns EVs To Cost Jobs; Urges To Produce More Parts In-house

Amid the speedy transition by automakers to electric vehicles, Ford CEO Jim Farley reportedly warned that EVs' production will result in significant job losses, but producing more parts in-house will help to mitigate this impact. While talking at an auto conference for the Rainbow Push Coalition in Detroit, Farley said EVs require 40 percent lesser workers than for producing cars and trucks power

RTTNews | 997 hari yang lalu

TJX Companies Boosts FY23 Earnings Outlook - Update

While reporting financial results for the third quarter on Wednesday, off-price retailer TJX Companies, Inc. (TJX) trimmed its earnings outlook for the fourth quarter, while raising its earnings guidance for the full-year 2023.

RTTNews | 997 hari yang lalu

Bay Street Likely To See Mixed Open

Canadian shares are seen opening on a mixed note on Wednesday, with investors digesting inflation data, and tracking geopolitical news.

RTTNews | 997 hari yang lalu

Group 1 Automotive Boosts Dividend, Stock Repurchase Authorization

Automotive retailer Group 1 Automotive, Inc. (GPI) announced Wednesday its board of directors increased the Company's common stock repurchase authorization by $161 million to $200 million. The Company expects that any repurchase of shares will be funded by cash from operations. Repurchased shares will be held in treasury.

RTTNews | 997 hari yang lalu

more news

U.S. Dollar Showing Weakness Against Majors

The U.S. dollar dropped against its major counterparts in the European session on Wednesday, amid receding geopolitical tensions following comments from U.S. President Joe Biden that missile strike in Poland is unlikely to have been launched from Russia.

RTTNews | 997 hari yang lalu

Sensex, Nifty End Choppy Session Higher As Geopolitical Tensions Ease

Indian shares ended Wednesday's session slightly higher after fluctuating in early trade on rising geopolitical tensions.

RTTNews | 997 hari yang lalu

Alstom H1 Loss Narrows, Orders Climb; Sees Margin Growth In FY23; Stock Up

Shares of Alstom SA were gaining around 3 percent in the morning trade in Paris after the French rolling stock maker reported Wednesday narrower net loss in its first half with higher sales amidst increased orders. The company also projects higher margin in fiscal 2023.

RTTNews | 997 hari yang lalu