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Forex News
Canadian Dollar Falls As Oil Prices Drop
The Canadian dollar dropped against its most major counterparts in the New York session on Wednesday, amid weak commodity prices.
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611 days ago
Swiss Market Ends Modestly Higher
After a weak start and a subsequent recovery Wednesday morning, the Switzerland stock market moved along the flat line till about a couple of hours past noon before climbing higher to end the day's session on a positive note.
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611 days ago
European Stocks Close Broadly Higher As Investors React To Earnings
European stocks closed higher on Wednesday, recovering from recent losses, as investors largely reacted to quarterly earnings updates and made stock specific moves.
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611 days ago
U.S. Dollar Eases After Powell's Speech
The U.S. dollar retreated against its most major counterparts in the New York session on Wednesday, as Federal Reserve Chair Jerome Powell gave no comments on monetary policy or guidance.
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611 days ago
Canadian Market Modestly Lower In Cautious Trade
Canadian shares are turning in a mixed performance on Wednesday with investors reacting to a slew of quarterly earnings announcements, and looking for directional clues.
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611 days ago
U.S. Wholesale Inventories Unexpectedly Edge Higher In September
Wholesale inventories in the U.S. unexpectedly saw a modest increase in the month of September, according to a report released by the Commerce Department on Wednesday. The report said wholesale inventories rose by 0.2 percent in September after edging down by 0.1 percent in August. Economists had expected wholesale inventories to come in unchanged.
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611 days ago
Charles River Laboratories Narrows FY23 Outlook Range; Q3 Results Top Estimates
While reporting financial results for the first quarter on Thursday, Charles River Laboratories International, Inc. (CRL) narrowed its earnings, adjusted earnings, revenue growth and organic revenue growth guidance range for the full-year 2023.
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611 days ago
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Performance Food Group Guides Q2 Net Sales Below View; Backs FY23 Net Sales Outlook
While reporting financial results for the first quarter on Wednesday, Performance Food Group Co. (PFGC) provided net sales guidance for the second quarter, below estimates. The company also maintained its net sales guidance for the full-year 2023.
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611 days ago
Teva Pharma Boosts FY23 Revenue Outlook - Update
While reporting financial results for the third quarter on Wednesday, Teva Pharmaceutical Industries Ltd (TEVA) reaffirmed its adjusted earnings guidance for the full-year 2023, while raising annual revenue outlook.
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611 days ago
Bay Street Likely To Open On Subdued Note
Canadian shares are likely to see a somewhat muted start on Wednesday, tracking slight weakness in European markets and lower commodity prices. Activity may remain a bit stock specific with quarterly earnings updates providing direction.
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611 days ago
Adient Q3 Results Miss Estimates; Guides FY24 Below View
Automotive seating firm Adient plc (ADNT) reported Wednesday that net income attributable to Adient for the fourth quarter surged to $135 million or $1.42 per share from $45 million or $0.47 per share in the prior-year quarter.
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611 days ago
Eurozone Retail Sales Decline Moderates
Euro area retail sales slump slowed in September as the deeper fall in the non-food segment was partially offset by the rebound in food sales, but the data cast doubt over the ability of household spending to contribute to economic output. Retail trade dropped 0.3 percent month-on-month in September, which was slower than August's revised 0.7 percent decline, figures from Eurostat showed Wednesda
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611 days ago
DHL Group Q3 Results Down, Cuts Outlook; Stock Up
German logistics major DHL Group Wednesday reported lower earnings and revenues in its third quarter. Further, the company trimmed its earnings outlook for fiscal 2023 as well as fiscal 2025. However, the shares were gaining around 4 percent in the morning trading in Germany.
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611 days ago
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