Forex News

Evercore Promotes Tim LaLonde To Succeed Celeste Mellet As CFO

Investment banking advisory firm Evercore Partners Inc. (EVR) announced Friday that it has named Tim LaLonde as its Chief Financial Officer, effective March 6, 2023. LaLonde joined the firm in 2001 and currently serves as Co-Head of the U.S. Advisory business and holds several other global senior leadership roles around the firm.
RTTNews | 898 days ago
Google's Alphabet To Lay Off About 12,000 Employees

Google's Alphabet To Lay Off About 12,000 Employees

Alphabet Inc., the parent company of search giant Google, has joined other tech majors in the lay off process, by announcing plans to cut about 12,000 jobs. This represents more than 6% of its global workforce. The roles being eliminated cut across Alphabet, product areas, functions, levels and regions.
RTTNews | 898 days ago
Regions Financial Q4 Profit Rises 60%, Tops Estimates

Regions Financial Q4 Profit Rises 60%, Tops Estimates

Regions Financial Corp. (RF) on Friday reported fourth-quarter net income available to common shareholders increased to $660 million or $0.70 per share from $414 million or $0.43 per share in the year-ago quarter.
RTTNews | 898 days ago
Pound Declines As UK Retail Sales Drop Unexpectedly

Pound Declines As UK Retail Sales Drop Unexpectedly

The pound fell against its major counterparts in early European deals on Friday, as the nation's retail sales declined unexpectedly in December, raising concerns about the economic outlook.
RTTNews | 898 days ago
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CAC 40 Rebounds After Thursday's Selloff

CAC 40 Rebounds After Thursday's Selloff

French stocks were moving higher on Friday as investors pinned hopes for demand recovery in the world's second-biggest economy on eve of upcoming Lunar New Year holiday.
RTTNews | 898 days ago
South Korea Producer Price Inflation Lowest In Nearly 2 Years

South Korea Producer Price Inflation Lowest In Nearly 2 Years

South Korea's producer prices rose at the slowest annual pace in twenty months in December and the pace eased for a sixth month in a row, thanks to a let up in inflationary pressures in the manufacturing sector due to the fall in oil prices and a weaker dollar, preliminary figures from the Bank of Korea showed Friday.
RTTNews | 898 days ago
DAX Sees Modest Gains On China Optimism

DAX Sees Modest Gains On China Optimism

German stocks were seeing modest gains on Friday, with optimism about China's reopening and expectations that the Federal Reserve would ease up on interest-rate rises helping underpinning sentiment.
RTTNews | 898 days ago
Ericsson Stock Down On Weak Q4 Profit, Q1 EBITA Warning

Ericsson Stock Down On Weak Q4 Profit, Q1 EBITA Warning

Shares of LM Ericsson were losing around 7 percent in the early morning trading in Sweden after the telecom major reported Friday weak profit in its fourth quarter, hurt by hefty charges, despite higher revenues. Looking ahead, the company said it expects first-quarter Group EBITA to be somewhat lower than last year, with improvements during the year.
RTTNews | 898 days ago

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