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TSX Ends Sharply Lower As Hot U.S. Inflation Data Triggers Sell-off

The Canadian market suffered one of its worst setbacks in recent months as stocks tumbled on sustained selling pressure on Tuesday after data showing a bigger than expected increase in U.S. consumer price inflation reduced the possibility of a rate cut by the Federal Reserve anytime soon.
RTTNews | 561 дней спустя
Swiss Market Ends Weak Amid Interest Rate Uncertainty

Swiss Market Ends Weak Amid Interest Rate Uncertainty

The Switzerland market ended weak on Tuesday, although the downside was less pronounced than that of the major markets in Europe. Data showing a slowdown in Swiss consumer price inflation helped limit market's losses.
RTTNews | 561 дней спустя
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Coca-Cola Q4 Profit Down 3%, But Meets Estimates

Coca-Cola Q4 Profit Down 3%, But Meets Estimates

Beverages giant Coca-Cola Co. (KO) reported Tuesday a profit for the fourth quarter that declined 3 percent from last year, reflecting steeply lower other income and higher interest expense, despite a 7 percent revenue growth. Adjusted earnings per share met analysts' expectations, while quarterly revenues topped it.
RTTNews | 562 дней спустя
U.S. Consumer Prices Rise 0.3% In January, Slightly More Than Expected

U.S. Consumer Prices Rise 0.3% In January, Slightly More Than Expected

A highly anticipated report released by the Labor Department on Tuesday showed consumer prices in the U.S. increased by slightly more than expected in the month of January. The Labor Department said its consumer price index rose by 0.3 percent in January after inching up by 0.2 percent in December. Economists had expected consumer prices to edge up by 0.2 percent.
RTTNews | 562 дней спустя
Ecolab Guides Q1 Adj. EPS Above Estimates - Update

Ecolab Guides Q1 Adj. EPS Above Estimates - Update

While reporting financial results for the fourth quarter on Tuesday, Ecolab Inc. (ECL) said it expects adjusted earnings for the first quarter in a range of $1.27 to $1.37 per share and adjusted earnings for the full-year 2024 in a range of $6.10 to $6.50 per share.
RTTNews | 562 дней спустя

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