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Amended: Eurozone Set To Escape Recession; Inflation Outlook Downgraded

Following the favorable development in energy prices and the diversification of supply sources, the euro area is set to avoid a recession and gradually pick up pace next year, as inflation likely peaked and has loosened its grip on economic activity, the European Commission said in its interim forecast, released Monday.
RTTNews | 950 дней спустя
Bally's Sees Sharply Wider Loss In Q4, Expects Revenue Growth

Bally's Sees Sharply Wider Loss In Q4, Expects Revenue Growth

While reporting preliminary results for the fourth quarter and full year 2022 on Monday, casino-entertainment company Bally's Corp. (BALY) said it expects to report a net loss of $476.80 million, including non-cash goodwill and asset impairment charges of $464.0 million, compared to a net loss of $115.29 million in the year-ago quarter.
RTTNews | 950 дней спустя
Dye & Durham Q2 Results Miss Estimates

Dye & Durham Q2 Results Miss Estimates

Dye & Durham Ltd. (DND, DND.TO) reported Monday a second-quarter net loss of C$34.8 million, a decrease of C$30.8 million, from the same period in the prior year.
RTTNews | 950 дней спустя
Teradata Guides Q1, FY23 Adj. EPS Above Estimates - Update

Teradata Guides Q1, FY23 Adj. EPS Above Estimates - Update

While reporting financial results for the fourth quarter on Monday, Teradata Corp. (TDC) provided earnings, adjusted earnings and revenue growth guidance for the first quarter and for the full-year 2023.
RTTNews | 950 дней спустя
Swiss Consumer Price Inflation Exceeds Expectations

Swiss Consumer Price Inflation Exceeds Expectations

After showing signs of slowdown, Switzerland's consumer price inflation accelerated again at the start of the year, largely reflecting higher food and energy prices, figures from the Federal Statistical Office showed on Monday. Consumer prices rose 3.3 percent on a yearly basis in January after the 2.8 percent increase in December. The rate also far exceeded economists' forecast of 2.9 percent.
RTTNews | 950 дней спустя
G1 Therapeutics To Discontinue Phase 3 PRESERVE 1 Trial

G1 Therapeutics To Discontinue Phase 3 PRESERVE 1 Trial

Oncology company G1 Therapeutics, Inc. (GTHX) announced Monday topline results from its pivotal Phase 3 PRESERVE 1 trial showing that the trial achieved its co-primary endpoints related to severe neutropenia with statistical significance.
RTTNews | 950 дней спустя
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FTSE 100 Gains Ahead Of Inflation Data

FTSE 100 Gains Ahead Of Inflation Data

U.K. stocks were a tad higher on Monday as investors awaited the release of U.K. and U.S. inflation prints this week for directional cues.
RTTNews | 950 дней спустя
CAC 40 Edges Higher As Investors Await Key US Data

CAC 40 Edges Higher As Investors Await Key US Data

French stocks rose slightly on Monday as investors awaited a slew of U.S. data, including the all-important CPI report for January, due this week for further clarity on the rate outlook.
RTTNews | 950 дней спустя
DAX Sees Modest Gains In Cautious Trade

DAX Sees Modest Gains In Cautious Trade

German stocks were seeing modest gains on Monday as investors assessed the outlook for inflation and economic growth.
RTTNews | 950 дней спустя
Asian Shares Decline On Inflation Fears; Dollar Gains

Asian Shares Decline On Inflation Fears; Dollar Gains

Asian stocks slipped into the red on Monday, the dollar hovered near one-month high, and yields edged up as investors awaited the release of U.S. consumer price data on Tuesday that would provide much clarity on the Federal Reserve's monetary policy trajectory.
RTTNews | 950 дней спустя

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