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Forex News
Lamar Advertising Q4 Profit Halves
Billboard firm Lamar Advertising Co. reported on Friday that profit for the fourth quarter nearly halved from last year, hurt by steeply higher depreciation and amortization expenses, despite an 8 percent revenue growth. The company also initiated financial guidance for the full-year 2023.
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915 days ago
Lancaster Table & Seating Brand High Chairs Recalled
Clark Associates is recalling Lancaster Table & Seating Brand high chairs citing fall risks to children, the U.S. Consumer Product Safety Commission said. The recall involves about 22,400 high chairs sold in the United States. In addition, about 52 chairs were sold in Canada.
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915 days ago
Sensex, Nifty Extend Recent Declines As Metal Stocks Drag
Indian shares fell for a sixth consecutive session on Friday, with mixed global cues and a rebound in oil prices keeping investors nervous.
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915 days ago
U.S. Dollar Appreciates Ahead Of PCE Data
The U.S. dollar climbed against its major counterparts in the European session on Friday, as investors awaited the release of U.S. personal consumption expenditures price index, the Fed's preferred gauge of inflation, due out later today.
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915 days ago
Boeing Halts Delivery Of 787 Dreamliners
Boeing Co. temporarily stopped deliveries of its 787 Dreamliners as directed by the Federal Aviation Administration, pending an additional analysis on a fuselage component, reports said. The FAA stated that the company cannot resume deliveries of the plane, which was halted earlier too to a series of manufacturing flaws until the agency is satisfied that the issue has been addressed.
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915 days ago
UK Consumer Confidence Rebounds Strongly - GfK
UK consumer sentiment improved in February from historic lows seen in the previous months to its highest level since April last year, as households were more optimistic about their personal finances and the future economic situation, despite headwinds from rising inflation, survey results from the market research group GfK showed on Friday.
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915 days ago
European Shares Rise On US Economic Optimism
European stocks advanced on Friday as recent strong U.S. data raised hopes a recession can be avoided.
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915 days ago
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FTSE 100 Gains As Consumer Confidence Improves
U.K. stocks were moving higher on Friday as a survey showed British consumer confidence rebounded in February to its highest level in almost a year.
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915 days ago
CAC 40 Edges Higher; Saint Gobain Shares Rally On Earnings
French stocks opened higher on Friday to extend gains from the previous session amid optimism that the world may avoid a deep recession and only experience slow growth or a softer recession.
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915 days ago
DAX Edges Higher In Lackluster Trade; BASF Shares Tumble
German stocks edged up slightly on Friday as data showed Germany's consumer sentiment is set to strengthen for the fifth month in a row in March amid lower energy prices.
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916 days ago
Asian Shares Mixed In Cautious Trade
Asian stocks ended mixed on Friday despite Wall Street snapping a four-day losing streak overnight on the back of better-than-expected fourth quarter profits announced by chip maker Nvidia.
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916 days ago
Holcim FY22 Profit Up, Sees Growth In FY23; Names New Chairman
Swiss building materials firm Holcim Group reported Friday higher profit in fiscal 2022 with srong sales, even as fourth-quarter recurring EBIT, a key earnings metric, and sales were weak. Further, the company lifted its dividend, and said it projects growth in profit and sales for fiscal 2023. Holcim announced that its Board of Directors intends to propose CEO Jan Jenisch as the new Chairman.
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916 days ago
German Consumer Confidence Improves For Fifth Month - GfK
Germany's consumer sentiment is set to strengthen for the fifth month in a row in March amid lower energy prices and recent data signaling that the biggest euro area economy may avoid a recession, survey results from the market research firm GfK showed Friday. The forward-looking Consumer Confidence Index for March rose to -30.5 points from a revised -33.8 points in February.
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916 days ago
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