Wabtec Guides FY23 Adj. EPS In Line; Boosts Dividend 13% - Update

Wabtec Boosts FY24 Outlook - Update

While reporting its financial results for the first quarter on Wednesday, transportation solutions provider Wabtec Corp. (WAB) raised its adjusted earnings and sales guidance for the full-year 2024.

RTTNews | 539 days ago

U.S. Dollar Extends Slide As Fed's Powell Signals Rate Cut

The U.S. dollar continued to be weaker against other major currencies in the Asian session on Wednesday, following comments made by Federal Reserve (Fed) Chair Jerome Powell that strengthened bets on an interest rate drop this month.

RTTNews | 1h 12min ago

European Economic News Preview: Eurozone Industrial Output Data Due

Industrial production from the euro area and final inflation from France are set to be the highlights of the European economic news on Wednesday. At 2.00 am ET, foreign trade from Norway and industrial production from Romania are due.

RTTNews | 1h 32min ago

European Shares Likely To Open On Firm Note

European stocks are likely to open on a positive note Wednesday as Federal Reserve Chair Jerome Powell's dovish comments, highlighting weakness in the U.S. job market, raised expectations for more interest-rate cuts.

RTTNews | 1h 45min ago

U.S. Dollar Falls Against Majors

The U.S. dollar weakened against other major currencies in the Asian session on Wednesday.

RTTNews | 1h 57min ago

Sensex, Nifty Modestly Higher In Cautious Trade

Indian shares were slightly higher on Wednesday after the International Monetary Fund lifted its growth projection for India this fiscal year and Fed Chair Jerome Powell signaled two more quarter-point interest-rate cuts this year, citing a sharp slowdown in hiring.

RTTNews | 2h 53min ago

Australian Market Maintains Early Gains In Mid-market

The Australian stock market is maintaining its early gains in mid-market moves on Wednesday, adding to the gains in the previous session, with the benchmark S&P/ASX 200 moving well above the 8,950 level, following the mixed cues from Wall Street overnight, with gains in mining and financial stocks partially offset by weakness in energy stocks.

RTTNews | 3h 57min ago

Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Wednesday, following the mixed cues from Wall Street overnight, as traders remain optimistic about further interest rate cuts after US Fed Chair Jerome Powell signaled two more quarter-point interest-rate cuts this year, citing a sharp slowdown in hiring. Meanwhile, concerns about ongoing trade tensions between the U.S. and China are weighing on the markets

RTTNews | 4h 24min ago

EURUSD	1.16311	GBPUSD	1.33456	AUDUSD	0.65134
USDJPY	151.237	USDCAD	1.40372	USDCHF	0.79974