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Forex News
U.S. Housing Starts Pull Back Sharply Off 11-Month High In June
After reporting a substantial increase in new U.S. residential construction in the previous month, the Commerce Department released a report on Wednesday showing a sharp pullback in housing starts in the month of June.
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723 days ago
Activision Blizzard, Microsoft Extend Merger Agreement To October; Activision Declares Dividend
While reporting financial results for the second quarter on Wednesday, Activision Blizzard, Inc. (ATVI) said that Activision Blizzard and Microsoft Corp. (MSFT) on Tuesday entered into an agreement waiving certain rights to terminate the merger agreement if the merger has not been consummated prior to October 18, 2023.
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723 days ago
Eurozone Core Inflation Rises More Than Estimated
Eurozone core inflation rose more than initially estimated in June, raising chances of further rate hikes beyond this month. Core inflation that excludes energy, food, alcohol and tobacco, rose more than estimated to 5.5 percent from 5.3 percent in the previous month, final data from Eurostat showed on Wednesday.
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723 days ago
U.S. Housing Starts Pull Back Sharply In June
After reporting a substantial increase in new U.S. residential construction in the previous month, the Commerce Department released a report on Wednesday showing a sharp pullback in housing starts in the month of June.
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723 days ago
Goldman Sachs Q2 Profit Misses Estimates; Boosts Dividend 10%
Goldman Sachs Group, Inc. (GS) reported Wednesday that profit for the second quarter plunged 62 percent from last year, reflecting higher provisions for bad loans, 8 percent drop in net revenues and 12 percent higher operating expenses. Earnings per share missed analysts' expectations, while quarterly revenues topped it by a whisker.
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723 days ago
Bay Street Likely To Open Flat
Canadian shares are likely to open somewhat flat on Wednesday, tracking subdued commodity prices.
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723 days ago
FTSE 100 Surges With Inflation Surprise
FTSE 100 of the London Stock Exchange surged more than 1.3 percent as headline inflation for the month of June delivered a positive surprise.
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723 days ago
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European Stocks Gain On Soft Inflation Data
European stocks are broadly higher on Wednesday thanks to soft inflation data from the U.K., and rising expectations that the Federal Reserve's rate hiking cycle will end soon.
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723 days ago
U.S. Bancorp Q2 Profit Declines, But Adj. EPS Meets Estimates
U.S. Bancorp (USB) reported Wednesday that net income attributable to U.S. Bancorp for the second quarter declined to $1.36 billion or $0.84 per share from $1.53 billion or $0.99 per share in the prior-year quarter.
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723 days ago
Sensex, Nifty Gain For 5th Straight Session, Post New Highs
As Indian shares turned in another fine performance, the benchmark indices Sensex and the Nifty continued to climb higher and posted fresh intraday and closing highs on Wednesday.
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723 days ago
Pound Declines As U.K. Inflation Eases More Than Expected
The pound was lower on Wednesday, as the nation's consumer inflation slowed more than expected to a 15-month low in June, raising the possibility of a softening in the monetary policy outlook.
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723 days ago
CAC-40 Rises As Cooling Inflation Triggers Hopes Of Monetary Policy Review
The CAC-40 gained on Wednesday amidst positive sentiment generated by the falling inflation trajectory in the Euro Area as well as the U.K.
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723 days ago
DAX Rises Amidst Easing Inflation
he DAX benchmark of the Frankfurt bourse gained on Wednesday as markets took cognizance of the easing in inflation in the euro area as well as the U.K.
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723 days ago
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