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Uber Q4 Profit Down; Adj. EBITDA, Revenues Climb; Sees Growth In FY23

Ride-hailing and delivery platform Uber Technologies, Inc. reported Wednesday weak profit in its fourth quarter, while adjusted EBITDA surged from last year with strong revenue growth above market view. Gross bookings increased and the company projects higher gross bookings in the first quarter. Nelson Chai, CFO, said the company significantly exceeded profitability outlook in 2022, ...
RTTNews | 958 дней спустя
Bay Street Seen Opening Higher

Bay Street Seen Opening Higher

Canadian shares are likely to open higher on Wednesday, tracking firm commodity prices and positive European stocks.
RTTNews | 958 дней спустя
Uncertain Economic Outlook, High Inflation Weigh On UK Job Placements

Uncertain Economic Outlook, High Inflation Weigh On UK Job Placements

Ongoing economic uncertainty coupled with the cost pressures forced the British employers to take a more cautious approach on staff hiring, a survey report compiled by S&P Global showed Wednesday. Permanent staff appointments declined for the fourth consecutive month, albeit at a weaker pace as firms often preferred to take temporary staff to fill vacancies, the KPMG/REC Report on Jobs, based on
RTTNews | 958 дней спустя
Italy Retail Sales Fall 0.2% On Lower Non-Food Demand

Italy Retail Sales Fall 0.2% On Lower Non-Food Demand

Italian retail sales decreased slightly at the end of the year after recovering in the previous month, driven by a fall in non-food goods, data from the statistical office ISTAT showed on Wednesday. The value of retail sales dropped 0.2 percent month-on-month in December, reversing a 0.8 percent rebound in November. Economists had forecast a 0.8 percent fall.
RTTNews | 958 дней спустя
U.S. Dollar Showing Weakness On Powell's Remarks

U.S. Dollar Showing Weakness On Powell's Remarks

The U.S. dollar drifted lower against its key counterparts in the European session on Wednesday, as investors digested less-hawkish comments from Federal Reserve Chair Jerome Powell.
RTTNews | 958 дней спустя
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Eaton Guides Q1, FY23 Adj. EPS Well Below Estimates - Update

Eaton Guides Q1, FY23 Adj. EPS Well Below Estimates - Update

While reporting its financial results for the fourth quarter on Wednesday, power management company Eaton Corp plc (ETN) provided adjusted earnings guidance for the first quarter and full-year 2023, well below analysts' estimates.
RTTNews | 958 дней спустя
Bunge Q4 Adj. EPS Tops Estimates; Guides FY23 Below Estimates

Bunge Q4 Adj. EPS Tops Estimates; Guides FY23 Below Estimates

Bunge Ltd. (BG) reported Wednesday that net income attributable to the company for the fourth quarter increased to $336 million or $2.21 per share from $231 million or $1.52 per share in the prior-year quarter.
RTTNews | 958 дней спустя
France Payroll Employment Stays Stable In Q4

France Payroll Employment Stays Stable In Q4

After seven quarters of expansion, France payroll employment remained unchanged at the end of the year as weak economic activity dampened job creation particularly in market services, flash data revealed Wednesday. Private payroll employment held steady in the fourth quarter, following a 0.6 percent rise in the third quarter, the statistical office INSEE reported.
RTTNews | 958 дней спустя
Societe Generale Q4 Profit Weak; Confirms FY25 View

Societe Generale Q4 Profit Weak; Confirms FY25 View

Societe Generale Group reported Wednesday a weak profit in its fourth quarter, despite higher net banking income. Further, the French Financial services major proposed a dividend and around 440 million euros share buyback program. The company also confirmed fiscal 2025 financial targets.
RTTNews | 959 дней спустя
European Shares Climb On Dovish Powell Comments

European Shares Climb On Dovish Powell Comments

European stocks rose notably on Wednesday after Federal Reserve Chair Jerome Powell struck a less hawkish tone than feared in a question-and-answer session at the Economic Club of Washington, D.C.
RTTNews | 959 дней спустя

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