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Steel Connect Swings To Profit In Q4
Steel Connect, Inc. (STCN) reported Friday net income available to common stockholders for the second quarter of $4.81 million or $0.18 per share, compared to a net loss of $1.06 million or $0.16 per share in the prior-year quarter.
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vor 539 Tagen
Brady Enters Exclusive Negotiations To Acquire Gravotech Holding
Brady Corp. (BRC) announced Friday that it has entered into exclusive negotiations to acquire Gravotech Holding for approximately 123 million euros or $133 million.
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vor 539 Tagen
Buckle Q4 Profit, Net Sales Decline
Denim retailer Buckle, Inc. (BKE) reported Friday fourth-quarter net income of $79.58 million or $1.59 per share, down from $87.84 million or $1.76 per share in the prior-year quarter.
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vor 539 Tagen
Sensex, Nifty Decline On Fed Worries
Indian shares fell notably on Friday as signs of sticky inflation in the U.S. raised doubts on early Fed rate cuts.
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vor 539 Tagen
European Shares Lack Direction Ahead Of Next Week's Fed Meeting
European stocks were little changed on Friday as traders pared their expectations for a U.S. rate cut in June and braced for more hawkish signals from a Federal Reserve meeting next week.
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vor 539 Tagen
FTSE 100 Little Changed In Lackluster Trade; Vodafone Shares Up Over 4%
U.K. stocks traded slightly lower on Friday as hotter-than-expected U.S. core CPI and PPI readings dashed hopes for an early rate cut by the Federal Reserve.
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vor 539 Tagen
CAC 40 Little Changed As Traders Pare Rate Cut Bets
French stocks were little changed on Friday as hopes for an early rate cut by the U.S. Federal Reserve faded.
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vor 539 Tagen
more news
DAX Struggles For Direction Ahead Of FOMC Meeting Next Week
German stocks struggled for direction on Friday after February producer price inflation data from the U.S. flagged concerns of sticky inflation.
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vor 539 Tagen
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the European session on Friday.
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vor 539 Tagen
Asian Shares Retreat Amid China's Cautious Approach To Stimulus
Asian stocks declined on Friday, with uncertainty around Fed easing, a lack of big-ticket stimulus from top metals consumer China and anxiety ahead of next week's Bank of Japan (BOJ) policy meeting weighing on sentiment.
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vor 539 Tagen
Chinese Yuan Falls To 8-day Low Against U.S. Dollar
The Chinese yuan weakened against the U.S. dollar in the Asian session on Friday.
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vor 539 Tagen
China Keeps MLF Rate Unchanged; Drains Liquidity
China's central bank decided on Friday to maintain its one-year medium-term lending facility rate, and drained liquidity out of the system for the first time since late 2022. The People's Bank of China added CNY 387 billion into the financial system via MLF, which is set to mature in a year at a rate of 2.5 percent, unchanged from the prior operation. Nearly CNY 481 million of MLF will expire thi
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vor 539 Tagen
CPSC Recalls: Textron Vehicles, Honeywell Fire Alarm Sounders, Boilers
The U.S. Consumer Product Safety Commission or CPSC has announced recalls including Textron Specialized Vehicles' light utility vehicles, Honeywell International Inc.'s Fire Alarm Sounders and Strobes, as well as U.S. Boiler Co. LLC's Gas-Fired Hot Water Residential Boilers, citing various reasons. Textron's light utility vehicles were called for fire risk...
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vor 539 Tagen
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