Avery Dennison Trims FY23 Outlook As Q1 Profit Declines

Avery Dennison Guides Q3 Adj. EPS Well Above Estimates - Update

While reporting financial results for the second quarter on Tuesday, materials science company Avery Dennison Corp. (AVY) provided earnings and adjusted earnings outlook for the third quarter.

RTTNews | 688 dias atrás

Avery Dennison Trims FY22 Adj. EPS Outlook - Update

While reporting financial results for the third quarter on Wednesday, materials science company Avery Dennison Corp. (AVY) trimmed its adjusted earnings outlook for the full-year 2022.

RTTNews | 960 dias atrás

U.S. Dollar Weakens After Soft PPI Data

The U.S. dollar dropped against its major counterparts in the New York session on Thursday, as soft producer inflation data for May raised hopes of a rate cut by the Federal Reserve.

RTTNews | 15 minutos atrás

Canadian Market Up Slightly In Cautious Trade

After a flat start and a subsequent drop, the Canadian market moved into positive territory Thursday morning, led by gains in materials and communications sectors. The mood remains cautious amid uncertainty about U.S.-China trade deal and easing prospects of he European Union arriving at a pact with the U.S. before the July 8 deadline. Middle East tensions also weigh on sentiment.

RTTNews | 1 h 59 min atrás

U.S. Producer Prices Inch Up 0.1% In May, Less Than Expected

After reporting an unexpected decrease by U.S. producer prices in the previous month, the Labor Department released a report Thursday showing producer prices crept slightly higher in the month of May. The Labor Department said its producer price index for final demand inched up by 0.1 percent after slipping by a revised 0.2 percent in April.

RTTNews | 4 h 47 min atrás

U.S. Weekly Jobless Claims Unexpectedly Unchanged At Eight-Month High

The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits came in flat in the week ended June 7th. The report said initial jobless claims in at 248,000, unchanged from the previous week's revised level. Economists had expected jobless claims to dip to 240,000 from the 247,000 originally reported for the previous week.

RTTNews | 4 h 50 min atrás

Bay Street Likely To Open On Negative Note

Canadian shares are likely to open with a negative bias on Thursday as trade concerns, and Middle East tensions may weigh on sentiment. A lack of specifics in the framework agreed to by U.S. and Chinese officials on Tuesday has raised uncertainty about the two nations reaching an agreement anytime soon.

RTTNews | 5 h 33 min atrás

U.S. Producer Prices Inch Up Less Than Expected In May

RTTNews | 6 h 0 min atrás

EURUSD	1.15759	GBPUSD	1.35929	AUDUSD	0.65271
USDJPY	143.519	USDCAD	1.3605	USDCHF	0.81149

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Avery Dennison Trims FY23 Outlook As Q1 Profit Declines