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Morgan Stanley Q2 Profit Down, Yet Tops View
Financial services firm Morgan Stanley reported Tuesday weak profit in its second quarter, despite increased revenues in a challenging market environment. Earnings per share and topline, however, beat market estimates. In the quarter, Institutional Securities net revenues declined, reflecting continued muted activity in Investment Banking and declines in Equity and Fixed Income.
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770 дней спустя
Cracker Barrel Appoints Julie Felss Masino To Succeed Sandra Cochran As President And CEO
The Board of Directors of Cracker Barrel Old Country Store, Inc. (CBRL) announced Tuesday that Julie Felss Masino will succeed Sandra Cochran as the Company's next President and Chief Executive Officer.
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770 дней спустя
Euro Weakens On Easing Rate Hike Concerns
The euro was lower on Tuesday, as comments from European Central Bank officials raised hopes that the central bank is nearing the end of the rate-hiking cycle.
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770 дней спустя
CAC-40 Rises Amidst Cautious Trade
The CAC-40 edged higher on Tuesday as investors cautiously focus on the earnings season. Growth outlook on China continued to sway sentiment especially for luxury businesses with exposure to China.
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770 дней спустя
Bay Street Seen Opening On Mixed Note; Inflation Data In Focus
Canadian shares are likely to open on a mixed note on Tuesday, with investors reacting to Canadian inflation data and tracking European stocks and commodity prices.
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770 дней спустя
Lockheed Martin Boosts FY23 Outlook - Update
While reporting financial results for the second quarter on Tuesday, security and aerospace company Lockheed Martin Corp. (LMT) raised its earnings and net sales guidance for the full-year 2023.
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770 дней спустя
DAX Hesitant As Earnings Updates Trickle In
The DAX benchmark of the Frankfurt bourse edged lower on Tuesday as markets wait for the onset of the earnings season. Market sentiment remains cautious ahead of interest rate decisions by the Federal Reserve and ECB next week. Less-than-expected GDP readings from China also swayed sentiment for the oil and metals stocks.
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770 дней спустя
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Major European Markets Roughly Flat In Lackluster Trade
European stocks are roughly flat around noon in lackluster trade on Tuesday with investors largely refraining from making significant moves, as they await some key economic and earnings updates from the U.S. and major European nations.
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770 дней спустя
Bank Of America Q2 Profit Increases, Tops Estimates
Bank of America Corp. (BAC) reported Monday that net income applicable to common shareholders for the second quarter grew to $7.10 billion from last year's $5.93 billion, with earnings per share increasing to $0.88 from $0.73 in the prior year.
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770 дней спустя
Sensex, Nifty Shrug Off Mid Session Setback, Close At New Record Highs
After soaring to new all-time highs in early trades on Tuesday, Indian benchmark indices S&P BSE Sensex and the Nifty50 pared gains and briefly fell into the red around late morning, but recovered to post fresh closing highs after volatile swings.
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770 дней спустя
U.S. Dollar Extends Slide On Expectations Of Fed Pause
The U.S. dollar weakened against other major currencies in the European session on Tuesday amidst expectations of an end of the Fed's monetary tightening cycle in the monetary policy meeting held next week.
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770 дней спустя
Novartis Lifts FY23 View As Q2 Results Top Market, Initiates $15 Bln Buyback; Stock Up
Shares of Novartis AG were gaining around 4 percent in the morning trading in Switzerland as well as in pre-market activity on the NYSE after the drug major raised its fiscal 2023 outlook on Tuesday after reporting higher second-quarter results. Core earnings and top line beat market estimates. Further, the company announced up to $15 billion share buyback to be completed by year-end 2025.
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770 дней спустя
RBA Minutes Say Further Tightening Needed To Bring Inflation Back To Target
The board of the Reserve Bank of Australia viewed that further monetary policy tightening might be required to bring inflation to the target but policymakers assessed that the interest rate should remain unchanged at the July meeting to alleviate the risk of slower economic growth.
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770 дней спустя
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