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Siemens Q4 Profit Falls, Lifts Dividend; Sees Growth In FY24; Stock Up

Siemens Q4 Profit Falls, Lifts Dividend; Sees Growth In FY24; Stock Up

German conglomerate Siemens AG reported Thursday sharply lower profit in its fourth quarter, while revenue was benefited by strong performance in all industrial businesses. The firm also announced higher dividend, and said it projects comparable sales growth in fiscal 2024, however, slower than last year. The shares were gaining around 6 percent in the morning trading in Germany.
RTTNews | 650 дней спустя
European Shares Mixed Ahead Of Walmart Earnings

European Shares Mixed Ahead Of Walmart Earnings

European stocks traded mixed on Thursday as U.S. Treasury yields rebounded after hitting two-month lows overnight on signs of slowing inflation in the world's largest economy.
RTTNews | 650 дней спустя
CAC 40 Marginally Lower On China Concerns

CAC 40 Marginally Lower On China Concerns

French stocks were subdued on Thursday after recent strong gains on dovish Fed bets. The benchmark CAC 40 was down 6 points at 7,203 after closing 0.3 percent higher the previous day.
RTTNews | 650 дней спустя
DAX Edges Higher On Hopes Of Rate Cuts

DAX Edges Higher On Hopes Of Rate Cuts

German stocks rose on Thursday to extend gains from the previous session amid expectations that central banks will start cutting rates around mid-2024.
RTTNews | 650 дней спустя
Asian Shares Retreat On Growth Worries

Asian Shares Retreat On Growth Worries

Asian stocks ended Thursday's session lower as Japan's export growth slowed in October and China's new home prices fell for the fourth straight month, rekindling worries about slowing global growth.
RTTNews | 651 дней спустя
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Commodity Currencies Slide Amid Risk Aversion

Commodity Currencies Slide Amid Risk Aversion

Commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Thursday amid risk aversion, as investors became cautious to a slew of economic data emerging from the region, including from Australia, Japan and China. They also reacted to tamer than expected U.S. consumer price inflation data, reinforcing expectations the U.S. Fed is done raising interest rates.
RTTNews | 651 дней спустя
NZ Dollar Slides Against Majors

NZ Dollar Slides Against Majors

The New Zealand dollar weakened against other major currencies in the Asian session on Thursday.
RTTNews | 651 дней спустя
European Shares Set For Cautious Start

European Shares Set For Cautious Start

European stocks are likely to open on a subdued note Thursday as the U.S.-China Summit meeting concluded after months of diplomacy.
RTTNews | 651 дней спустя

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