Forex News
U.S. Leading Economic Index Slumps More Than Expected In June
Suggesting U.S. economic growth is likely to slow further in the near-term, the Conference Board released a report on Thursday showing its index of leading economic indicators decreased for the fourth straight month in June.
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919 days ago
Philly Fed Index Unexpectedly Slumps Further Into Negative Territory In July
A report released by the Federal Reserve Bank of Philadelphia on Thursday showed regional manufacturing activity unexpectedly contracted at a faster rate in the month of July. The Philly Fed said its current general activity index slumped to a negative 12.3 in July from a negative 3.3 in June, with a negative reading indicating a contraction in regional manufacturing activity.
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919 days ago
U.S. Jobless Claims Unexpectedly Inch Up Eight-Month High
The Labor Department released a report on Thursday unexpectedly showing another modest increase in first-time claims for U.S. unemployment benefits in the week ended July 16th. The report showed initial jobless claims crept up to 251,000, an increase of 7,000 from the previous week's unrevised level of 244,000.
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919 days ago
AAR Q4 Profit, Sales Rise
AAR Corp. (AIR) on Thursday reported fourth-quarter net income of $23.9 million or $0.66 per share, higher than $14.0 million or $0.39 per share in the prior-year quarter. Excluding items, adjusted earnings for the quarter were $0.72 per share.
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919 days ago
Coca-Cola Names CFO John Murphy To Additional Role Of President
Beverage company Coca-Cola Co. (KO) announced Thursday that John Murphy will become president and chief financial officer, effective October 1. Murphy, who currently serves as executive vice president and CFO, will add the president role following the retirement of Brian Smith.
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919 days ago
Philly Fed Index Unexpectedly Indicates Faster Contraction In July
A report released by the Federal Reserve Bank of Philadelphia on Thursday showed regional manufacturing activity unexpectedly contracted at a faster rate in the month of July.
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919 days ago
U.S. Weekly Jobless Claims Unexpectedly Inch Up To 251,000
The Labor Department released a report on Thursday unexpectedly showing another modest increase in first-time claims for U.S. unemployment benefits in the week ended July 16th.
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919 days ago
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Norfolk Southern Raises Conductor Trainee Pay To $25/hour
Transportation company Norfolk Southern Corp. (NSC) announced Thursday that it has increased Conductor Trainee pay to $25 per hour, with a minimum of $200 in earnings per shift. Norfolk Southern conductors are responsible for the safe and efficient movement of freight trains.
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919 days ago
East West Bancorp Declares Q3 Cash Dividend Of $0.40 Per Share
While reporting financial results for the second quarter on Thursday, East West Bancorp (EWBC) announced that its Board of Directors has declared third quarter 2022 cash dividend of $0.40 per share for the Company's common stock, payable on August 15, 2022, to stockholders of record on August 1, 2022.
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919 days ago
Webster Financial Q2 Adj. EPS Tops Estimates
Bank holding company Webster Financial Corp. (WBS) on Thursday reported that second-quarter net income available to common shareholders was $178.15 million or $1.00 per share, compared to $92.07 million or $1.01 per share in the prior-year quarter.
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919 days ago
Bay Street Seen Opening On Negative Note
Sharply lower commodity prices amid worries about a possible recession point to a weak start for the Canadian market on Thursday.
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919 days ago
IQVIA Holdings Adjusts FY22 Outlook To Reflect FX Impact - Update
While reporting financial results for the second quarter on Tuesday, life sciences services company IQVIA Holdings Inc. (IQV) adjusted its adjusted earnings and revenue guidance for the full-year 2022 to reflect the impact of the strengthening of the US dollar since issuance of prior guidance. The company also provided financial outlook for the third quarter.
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919 days ago
Pool Corp Boosts FY22 Outlook As Q2 Adj. EPS Tops Estimates
Pool Corp. (POOL) on Thursday reported that net income for the second quarter increased to $307.28 million or $7.63 per share from $259.70 million or $6.37 per share in the prior-year quarter.
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919 days ago
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