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U.S. Weekly Jobless Claims Unexpectedly Dip To Five-Month Low
The Labor Department released a report on Thursday unexpectedly showing a modest decrease in first-time claims for U.S. unemployment benefits in the week ended July 22nd. The report said initial jobless claims slipped to 221,000, a decrease of 7,000 from the previous week's unrevised level of 228,000. Economists had expected jobless claims to inch up to 235,000.
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S&P Global Reiterates FY23 Outlook - Update
While reporting financial results for the second quarter on Thursday, data giant S&P Global, Inc. (SPGI) reiterated its earnings, adjusted pro forma earnings and adjusted pro forma revenue growth guidance for the full-year 2023.
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Reliance Steel Q2 Results Miss Estimates; Guides Q3 Adj EPS In Line With View
While reporting financial results for the second quarter on Thursday, metals service center company Reliance Steel & Aluminum Co. (RS) said it expects adjusted earnings for the third quarter in a range of $4.90 to $5.10 per share, as the company expects its average selling price per ton sold for the quarter to be down 2 to 5 percent.
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HCA Healthcare Boosts FY23 Outlook; Declares Dividend - Update
While reporting financial results for the second quarter on Thursday, healthcare provider HCA Healthcare, Inc. (HCA) raised its earnings and revenue guidance for the full-year 2023.
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U.S. GDP Growth Unexpectedly Accelerates In Q2
U.S. economic growth unexpectedly accelerated in the second quarter of 2023, the Commerce Department revealed in a preliminary report released on Thursday.
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U.S. Durable Goods Orders Surge Much More Than Expected In June
New orders for U.S. manufactured durable goods orders soared by much more than expected in the month of June, according to a report released by the Commerce Department on Thursday.
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U.S. Weekly Jobless Claims Unexpectedly Edge Lower
The Labor Department released a report on Thursday unexpectedly showing a modest decrease in first-time claims for U.S. unemployment benefits in the week ended July 22nd.
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more news
Lincoln Electric Promotes COO Steven Hedlund To Succeed Christopher Mapes As President And CEO
Lincoln Electric Holdings, Inc. (LECO) announced Thursday that Christopher Mapes, Chairman, President and Chief Executive Officer (CEO), who has served as President and CEO since 2012, will retire as President and CEO on December 31, 2023, and will be designated as Executive Chairman of the Board, effective January 1, 2024.
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Euro Drops After ECB Decision
As expected, the European Central Bank raised its main refinancing rate by 25 basis points to 4.25 percent from 4 percent. Following the announcement, the euro fell against its major opponents.
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Bay Street Likely To Open On Firm Note
Canadian shares look headed for a firm start Thursday morning, tracking positive European markets and higher commodity prices.
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AbbVie Boosts FY23 Outlook As Q2 Results Top Estimates
While reporting financial results for the second quarter on Thursday, biopharmaceutical company AbbVie, Inc. (ABBV) trimmed its adjusted earnings guidance for the full-year 2023.
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Euro Mixed Ahead Of ECB Decision
The European Central Bank will announce interest rate decision at 8:15 am ET Thursday. The ECB is expected to raise the key refi rate by 25 basis points to 4.25 percent from 4 percent.
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McDonald's Q2 Profit Soars, Results Top Estimates
Fast-food giant McDonald's Corp. (MCD) reported Wednesday that net income for the second quarter soared to $2.31 billion or $3.15 per share from $1.19 billion or $1.60 per share in the prior-year quarter.
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