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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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694 дней спустя
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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694 дней спустя
Sensex, Nifty End Modestly Lower On Hawkish Fed Remarks
Indian shares fell modestly on Thursday, with hawkish comments from Federal Reserve officials and a rebound in oil prices denting sentiment.
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694 дней спустя
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Thursday.
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694 дней спустя
European Shares Mixed With Powell Speech In Focus
European stocks were mixed on Thursday following hawkish comments from Fed and ECB officials.
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694 дней спустя
FTSE 100 Edges Lower In Cautious Trade
U.K. stocks traded lower on Thursday, with hawkish comments from Federal Reserve officials and mixed earnings updates weighing on sentiment.
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694 дней спустя
CAC 40 Gains Ahead Of Powell's Speech
French stocks traded higher on Thursday as investors awaited Fed Chair Jerome Powell's speech on monetary policy challenges later today.
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694 дней спустя
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DAX Holds Steady On Solid Earnings
German stocks were little changed on Thursday as positive earnings updates offset hawkish comments from Fed and ECB officials.
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695 дней спустя
Asian Shares Mostly Higher Despite Rate Hike Worries
Asian stocks ended Thursday's session mostly higher despite uncertainty surrounding the Federal Reserve's rate hike path and signs of intensifying downward pressures on prices in China.
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695 дней спустя
Philippine Economy Logs Faster-Than-Expected Growth
The Philippine economy grew at a faster-than-expected pace in the third quarter underpinned by government spending and exports, official data revealed Thursday. Gross domestic product posted an annual growth of 5.9 percent, faster than the 4.3 percent expansion seen in the second quarter, the Philippine Statistics Authority said. The rate was forecast to improve moderately to 4.7 percent.
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695 дней спустя
China Slips Into Deflation, PPI Continues To Fall
China slipped into a deflation again in October on falling food prices and producer prices continued to decline amid renewed economic weakness. Consumer prices dropped 0.2 percent in October from a year ago after staying flat in September, figures from the National Bureau of Statistics showed on Thursday. The rate matched expectations. Earlier, inflation had turned negative in July.
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695 дней спустя
European Shares To Open On Cautious Note Amid Fed Uncertainty
European stocks may open flat to slightly lower on Thursday as investors fret over the trajectory of the U.S. economy and the outlook for rates.
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695 дней спустя
NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday.
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695 дней спустя
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