MSCI Q1 Adj. Eps Tops Estimates, But Revenues Miss

MSCI Q4 Profit Up 11%, Tops Estimates; Boosts Dividend 10.4%

MSCI, Inc. (MSCI) reported Tuesday that fourth-quarter net income grew to $214.97 million or $2.67 per share from $193.86 million or $2.32 per share in the prior-year quarter.

RTTNews | 458 days ago

U.S. Service Sector Activity Contracts For First Time Since December 2022

After growing for fifteen consecutive months, U.S. service sector activity unexpectedly contracted in the month of April, according to a report released by the Institute for Supply Management on Friday. The ISM said its services PMI dipped to 49.4 in April from 51.4 in March, with a reading below 50 indicating contraction. Economists had expected the index to inch up to 52.0.

RTTNews | 5h 2min ago

Eurozone Unemployment Rate Steady At 6.5% For Fifth Month

Euro area jobless rate remained unchanged at a record low for the fifth month in a row in March and the unemployment decreased, while a tight labor market could urge the European Central Bank to remain cautious even as policymakers gear up for an interest rate cut in June. The seasonally adjusted unemployment rate was 6.5 percent in March, which is the same level as in the previous four months.

RTTNews | 5h 19min ago

U.S. Services PMI Unexpectedly Indicates Contraction In April

RTTNews | 5h 24min ago

U.S. Job Growth Falls Short Of Estimates In April, Unemployment Rate Ticks Higher

After reporting stronger than expected job growth over the past several months, the Labor Department released a report on Friday showing employment in the U.S. increased by much less than expected in the month of April. The Labor Department said non-farm payroll employment climbed by 175,000 jobs in April after surging by an upwardly revised 315,000 jobs in March.

RTTNews | 6h 9min ago