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Forex News
Barnes Group Guides FY23 Adj. EPS Above View; Q4 Profit Down 45%
While reporting financial for the fourth quarter on Friday, Barnes Group, Inc. (B), a provider of highly engineered products, initiated its adjusted earnings and organic sales growth guidance for the full-year 2023.
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876 days ago
Deere & Co. Boosts FY23 Net Income Outlook As Q1 Results Top Estimates
While reporting financial results for the second quarter on Friday, Deere & Co. (DE) raised its guidance for net income attributable to the company for the full-year 2022 to a range of $8.75 billion to $9.25 billion from the prior forecast range of $8.0 billion to $8.5 billion.
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876 days ago
Maintel Holdings Says Ioan MacRae Resigns As CEO With Immediate Effect
Maintel Holdings plc (MAI.L), a provider of cloud, network and security managed services, announced Friday that Chief Executive Officer Ioan MacRae has tendered his resignation from the Company with immediate effect.
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876 days ago
Allianz Turns To Q4 Profit, But Revenues, AuM Weak; Stock Down
German financial services provider Allianz SE reported Friday a profit in its fourth quarter, compared to prior year's loss, reflecting strong operating profit mainly in the Life/Health business segment. Meanwhile, revenues and assets under management declined from last year. Further, the company lifted dividend, and said it looks forward with confidence to a strong 2023.
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876 days ago
Sensex, Nifty Snap Three-day Winning Streak
Indian shares ended lower on Friday after three consecutive sessions of gains.
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876 days ago
UK Retail Sales Unexpectedly Recover In January
UK retail turnover rebounded unexpectedly in January driven by sales promotions, official data showed on Friday. Retail sales grew 0.5 percent on a monthly basis in December, in contrast to the 1.2 percent decline in December and -0.6 percent in November, the Office for National Statistics reported. Sales were expected to drop 0.3 percent.
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876 days ago
European Shares Decline As Treasury Yields Climb
European shares fell sharply on Friday after two Federal Reserve officials said interest rates may need to move to a higher level than anticipated.
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876 days ago
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FTSE 100 Slips Amid Rate Woes
U.K. stocks were moving lower on Friday as concerns over U.S. rate hikes overshadowed strong retail sales data.
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876 days ago
CAC 40 Slides On Fed Worries
French stocks fell sharply on Friday after two Federal Reserve officials signaled they favor returning to bigger interest-rate hikes in the future to tame inflation.
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876 days ago
DAX Tumbles On US Rate Hike Worries
German stocks tumbled on Friday as strong U.S. data and hawkish comments from Fed officials prompted a rise in U.S. Treasury yields.
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876 days ago
Australian, NZ Dollars Lower On Fed Rate Hike Concerns
The Australian and NZ dollars fell against their major counterparts in the Asian session on Friday, as strong U.S. data released overnight and hawkish Fed remarks fueled inflation and rate-hike worries.
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876 days ago
Asian Shares Decline On Hawkish Fed Remarks
Asian stocks retreated on Friday as hotter-than-expected U.S. producer price data coupled with hawkish comments from two Federal Reserve officials stoked worries about further interest-rate hikes.
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876 days ago
Thai GDP Growth Decelerates In Q4
Thailand's economic growth slowed more than expected in the fourth quarter as increases in household spending and investment were partially offset by declines in government spending and exports, official data showed on Friday. Gross domestic product grew only 1.4 percent on a yearly basis in the fourth quarter, moderating from the 4.6 percent expansion in the third quarter.
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876 days ago
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