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U.S. Producer Price Growth Exceeds Estimates In February

A report released by the Labor Department on Thursday showed producer prices in the U.S. increased by much more than expected in the month of February. The Labor Department said its producer price index for final demand climbed by 0.6 percent in February after rising by 0.3 percent in January. Economists had expected producer prices to rise by another 0.3 percent.
RTTNews | 538 дней спустя
Y-mAbs Therapeutics CFO Bo Kruse To Retire

Y-mAbs Therapeutics CFO Bo Kruse To Retire

Biopharmaceutical company Y-mAbs Therapeutics, Inc. (YMAB) announced Thursday that Chief Financial Officer Bo Kruse has notified the Company of his resignation. Y-mAbs has commenced a search process for a successor.
RTTNews | 538 дней спустя
Dollar General Q4 Profit Down 39%, But Results Top Estimates

Dollar General Q4 Profit Down 39%, But Results Top Estimates

Discount retailer Dollar General reported on Thursday that net profit for the fourth quarter declined 39 percent from last year, due to lower gross margins, higher expenses and a sales decline across categories. However, adjusted earnings per share and quarterly net sales topped analysts' estimates. The company also provided net sales growth guidance for the full-year 2024, well above estimates.
RTTNews | 538 дней спустя
U.S. Retail Sales Rebound Less Than Expected In February

U.S. Retail Sales Rebound Less Than Expected In February

Retail sales in the U.S. rebounded in the month of February, according to a report released by the Commerce Department on Thursday, although the increase fell short of economist estimates.
RTTNews | 538 дней спустя
U.S. Weekly Jobless Claims Edge Down To 209,000

U.S. Weekly Jobless Claims Edge Down To 209,000

The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits edged slightly lower in the week ended February 9th.
RTTNews | 538 дней спустя
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Dollar Tree To Close Nearly 1000 Family Dollar Stores

Dollar Tree To Close Nearly 1000 Family Dollar Stores

Discount retail chain Dollar Tree, Inc. said it is planning to close around 970 underperforming stores of its unit Family Dollar Stores LLC as part of its comprehensive store portfolio optimization review. The planned store closures also include around 30 Dollar Tree stores. According to Rick Dreiling, Chairman and Chief Executive Officer, the decisive steps will strengthen the Family Dollar brand
RTTNews | 538 дней спустя
RWE Stock Up On FY23 Adj. Profit, Dividend Growth; Backs Weak FY24 Profit View

RWE Stock Up On FY23 Adj. Profit, Dividend Growth; Backs Weak FY24 Profit View

German utility RWE AG reported Thursday sharply lower profit in its fiscal 2023 with weak revenues, while adjusted EBIT and EBITDA, key earnings metrics, were higher. Further, the company announced higher dividend, and said it maintains fiscal 2024 earnings view, but now sees at the lower end of the range. In Germany, RWE shares were gaining around 3.5 percent.
RTTNews | 539 дней спустя
Sensex, Nifty Rebound After Sell-off

Sensex, Nifty Rebound After Sell-off

Indian shares ended Thursday's session higher, after having suffered heavy losses the previous day amid concerns surrounding elevated valuations in the broader market.
RTTNews | 539 дней спустя
Pound Rises As European Shares Traded Higher

Pound Rises As European Shares Traded Higher

The British pound strengthened against other major currencies in the European session on Thursday, as investors await the key U.S. data due later in the day that could shed additional light on the outlook for interest rates.
RTTNews | 539 дней спустя

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