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UK Private Sector Returns To Growth On Improving Demand
The UK private sector expanded for the first time since July 2022, and at the fastest pace in eight months in February, amid the improving customer demand and business confidence as inflation and supply shortage concerns cooled, results of the closely watched purchasing managers' survey by S&P Global revealed Tuesday.
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872 days ago
United Airlines Unveils New Family Seating Policy
United Airlines Holdings, Inc. has updated its family seating policy to allow children under 12-years old to sit next to an adult in their party for free of charge. The complete policy change will go into effect in early March. In a statement, the airline said the improved policy will make it easier than ever for families with children, regardless of the type of ticket purchased...
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872 days ago
Walmart Q4 Results Top Estimates
Retail giant Walmart Inc. (WMT) reported Thursday a profit for the fourth quarter that surged 76 percent from last year, driven by 7.3 revenue growth amid broad-based strength across segments in stores and eCommerce. Both adjusted earnings per share and quarterly revenues topped analysts' expectations.
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872 days ago
Swiss Exports Rise 2.5% In January
Switzerland's exports increased for the second consecutive month in January on the back of strong demand for chemical and pharmaceutical items, data from the Federal Customs Administration showed on Tuesday. Exports climbed by a real 2.5 percent monthly in January, following the 5.6 percent gain in the previous month. Meanwhile, imports rose only 0.2 percent over the month.
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872 days ago
Pound Appreciates Amid Better-than-expected U.K. PMI Data
The pound firmed against its major counterparts in the European session on Tuesday, as the U.K. private sector activity returned to expansion in February for the first time since July 2022.
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872 days ago
Eurozone Private Sector Logs Fastest Growth In 9 Months
Eurozone business activity grew the most in nine months in February thanks to the improvement in services activity and manufacturing output returning to the growth territory amid fading supply-side problems, a private survey showed Tuesday. The composite output index rose more-than-expected to 52.3 in February from 50.3 in the previous month, flash survey results from S&P Global revealed. The exp
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872 days ago
Medtronic Boosts FY23 Adj. EPS Outlook - Update
While reporting financial results for the third quarter on Tuesday, medical devices maker Medtronic plc. (MDT) provided its revenue growth guidance for the fourth quarter and raised adjusted earnings outlook for the full-year 2023, based on third quarter performance.
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872 days ago
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Walker & Dunlop Q4 Results Miss Estimates; Boosts Dividend 5%
Walker & Dunlop, Inc. (WD) reported Thursday that net income for the fourth quarter declined to $41.38 million or $1.24 per share from $79.93 million or $2.42 per share in the prior-year quarter.
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872 days ago
Sensex, Nifty End Choppy Session Marginally Lower
Indian shares swung between gains and losses before closing on a flat note Tuesday.
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872 days ago
HSBC Q4 Profit Soars, Plans Dividends; Backs Positive View For FY23
Banking major HSBC Holdings plc reported Tuesday that its fourth-quarter profit nearly doubled from last year, with strong revenue growth. The company also announced a final dividend for fiscal 2022, and plans a special dividend. Looking ahead, the company maintained its positive revenue outlook for fiscal 2023.
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872 days ago
European Shares Retreat With Geopolitical Tensions In Focus
European stocks declined on Tuesday along with U.S. equity futures amid concerns about U.S. rates staying higher for longer.
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872 days ago
UK Budget Surplus Narrows In January
Despite the record income tax receipts, the UK government budget surplus declined sharply in January due to higher interest payments and substantial spending on energy support schemes, official data revealed on Tuesday. The Office for National Statistics said, excluding banks, public sector net borrowing was in GBP 5.42 billion surplus in January.
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872 days ago
Europe New Car Registrations Rise 11.3% In January
European passenger car registrations signaled a positive note at the start of the year, rising for the sixth successive month, but at a slower pace than in December amid a slump in the German market, monthly data from the Brussels-based European Automobile Manufacturers' Association, or ACEA, showed on Tuesday. New car sales in the European Union rose 11.3 percent year-on-year.
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872 days ago
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