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Patterson-UTI Energy Sees Q4 Net Income Exceeding $100 Mln
Providing an update on the fourth quarter results on Wednesday, oilfield services provider Patterson-UTI Energy, Inc. (PTEN) announced that it expects its net income for the fourth quarter of 2022 to exceed $100 million and its adjusted EBITDA for the fourth quarter of 2022 to surpass $230 million, based on current projections.
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947 дней спустя
GE Completes Spin-off Of Healthcare Business As GE HealthCare Technologies
General Electric Co. (GE) announced Wednesday that it has completed the separation of its healthcare business, launching GE HealthCare Technologies Inc., a global leader in Precision Care. Starting January 4, 2023, GE HealthCare will trade on Nasdaq under the ticker symbol "GEHC".
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947 дней спустя
France Inflation Slows On Cheaper Energy Prices
After Germany and Spain, France also registered a slowdown in inflation in December on lower energy prices, softening pressure on the European Central Bank to tighten policy at an aggressive pace. Though price pressures eased, they remain high and French households were less confident about their economic prospects in December.
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947 дней спустя
Hong Kong Retail Sales Slump 4.2%, Worst Fall In 8 Months
Hong Kong's retail sales declined for the first time in three months and at the fastest pace in eight months in November, and tighter financial conditions are likely to continue damping consumption ahead, while a relaxation in Covid restrictions and an improvement in the labor market are expected to lent support.
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947 дней спустя
Sensex, Nifty Tumble Ahead Of Fed Minutes
Indian shares fell sharply on Wednesday, as risk aversion gripped markets ahead of the release of Federal Reserve's December meeting minutes later in the day that might contain hawkish comments from U.S. policymakers.
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947 дней спустя
More Consumers Intend To Buy EVs But Concerned About Prohibitive Price Tag
More consumers in the United States want to buy an electric vehicle or EV but are concerned about higher prices, Reuters reported quoting a Deloitte survey. The consulting firm, in its '2023 Global Automotive Consumer Study,' stated that the intent to purchase an EV is 3 percentage points higher than the previous year in the U.S. The growth is similar for hybrid electric vehicles and plug-in...
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947 дней спустя
European Shares Extend Gains For Third Day
European stocks rose for a third day running on Wednesday, even as U.K. markets underperformed amid a decline in commodity-related stocks.
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947 дней спустя
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FTSE 100 Little Changed As Commodity Stocks Drag
U.K. stocks were little changed on Wednesday as energy stocks fell after a sharp decline in oil prices overnight.
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947 дней спустя
Australian Dollar Firms As China Mulls Easing Australia Coal Ban
The Australian dollar climbed against its major counterparts in the Asian session on Wednesday, following a media report that China is preparing to partially ease ban on imports of Australian coal.
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947 дней спустя
CAC 40 Gains As Inflation Slows
French stocks advanced on Wednesday as data showed inflation in the country unexpectedly slowed in December from a record high in the previous month.
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947 дней спустя
DAX Extends Gains As Inflation Worries Ease
German stocks extended gains on Wednesday as investors remained upbeat about a post-COVID recovery in China.
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947 дней спустя
Asian Shares Rise On China Recovery Hopes
Asian stocks rose broadly on Wednesday and the dollar eased after reports emerged that the wave of COVID infections sweeping across China may already have peaked in some of the country's largest cities.
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947 дней спустя
Twitter To Relax Ad Policy To Allow Political, Cause-based Ads
Twitter is relaxing ads policy to allow political as well as cause-based advertising in the United States. The changes come as Elon Musk is looking for more ways to cut costs and boost revenue as the social media platform, following its acquisition by the billionaire, is struggling to keep going.
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947 дней спустя
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