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Forex News
Swiss Market Ends On Firm Note
The Switzerland market opened flat on Thursday, but edged higher soon and then stayed firm right through the day's session as investors piked up stocks, reacting positively to quarterly earnings updates.
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610 days ago
European Stocks Close Higher Again On Earnings News
European stocks closed higher on Thursday thanks to impressive earnings updates from several companies from across the region. Investors largely shrugged off concerns about the outlook for interest rates and chose to focus on corporate news.
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610 days ago
Canadian Dollar Firms As Oil Prices Rebound
The Canadian dollar advanced against its major counterparts in the New York session on Thursday, as oil prices rose, after falling in the previous session on concerns over waning demand in the U.S. and China.
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610 days ago
U.S. Weekly Jobless Claims Edge Down To 217,000
First-time claims for U.S. unemployment claims edged down from an upwardly revised level in the week ended November 4th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 217,000, a decrease of 3,000 from the previous week's revised level of 220,000.
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610 days ago
Novavax Slashes FY23 Total Revenue Outlook - Update
While reporting financial results for the third quarter on Thursday, Novavax, Inc. (NVAX) slashed its revenue guidance for the full-year 2023, accounting for some revenue shifting into first quarter of fiscal 2024. The company also provided revenue forecast for the first quarter of fiscal 2024.
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610 days ago
Bay Street Likely To Track Earnings, U.S. Economic Data For Direction
Quarterly earnings and U.S. economic data are likely to set the trend for Canadian shares on Thursday. After three successive days of declines, some bargain hunting is likely in several frontline stocks.
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610 days ago
Pound Climbs Ahead Of Powell's Speech
The British pound strengthened against other major currencies in the European session on Thursday, as investors focus on speeches from central bank officials for clues on the path of interest rates.
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610 days ago
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TransDigm Group Guides FY24 Revenues Above Estimates; Announces Special Dividend - Update
While reporting financial results for the fourth quarter on Thursday, TransDigm Group Inc. (TDG) initiated its earnings, adjusted earnings and net sales guidance for the full-year 2024.
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610 days ago
Dillard's Q3 Earnings Top Estimates, But Net Sales Miss
Luxury department store chain Dillard's, Inc. (DDS) reported Thursday that net income for the third quarter was $155.3 million or $9.49 per share, down from $187.9 million or $10.96 per share in the prior-year quarter.
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610 days ago
Wolverine World Wide Again Slashes FY23 Outlook; Q3 Adj. EPS Meet Estimates
While reporting financial results for the third quarter on Thursday, Wolverine World Wide, Inc. (WWW) again slashed its earnings, adjusted earnings and revenue guidance for the full year 2023.
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610 days ago
National Vision Boosts FY23 Outlook As Q3 Results Top Estimates
While reporting financial results for the third quarter on Thursday, optical retail company National Vision Holdings, Inc. (EYE) raised its adjusted earnings, net revenue and adjusted comparable store sales growth guidance for the full-year 2023.
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610 days ago
Merck KGaA Sees FY23 Results At Lower Half Of Outlook Range, Organic Sales Growth In FY24; Stock Up
German science and technology major Merck KgaA Thursday reconfirmed its earnings and sales forecast for fiscal 2023, but at the lower half of the range after reporting weak profit and sales in its third quarter amid a difficult market environment. Further, the company projects a return to organic sales growth in fiscal 2024. The shares were gaining around 5 percent in the morning trading in German
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610 days ago
Himax Technologies Q3 Profit Increases; Issues Q4 Guidance
While reporting financial results for the third quarter on Thursday, semiconductor company Himax Technologies Inc. (HIMX) provided earnings and revenue growth guidance for the fourth quarter of fiscal 2023.
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610 days ago
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