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Community Trust Bancorp Q2 Profit Edges Down

Community Trust Bancorp, Inc. (CTBI) reported Wednesday net earnings for the second quarter of $19.50 million or $1.09 per share, edging up from $19.40 million or $1.08 per share in the prior-year quarter.
RTTNews | Pred 4 h 5 min
Bay Street Likely To Open On Negative Note

Bay Street Likely To Open On Negative Note

Canadian shares are likely to open weak on Wednesday, weighed down by lower oil prices, disappointing guidance from Dutch semiconductor firm ASML, and geopolitical concerns.
RTTNews | Pred 4 h 26 min
Johnson & Johnson Q2 Adj. EPS Beats View, Cuts FY24 Earnings Forecast

Johnson & Johnson Q2 Adj. EPS Beats View, Cuts FY24 Earnings Forecast

Johnson & Johnson reported Wednesday weak profit in its second quarter on charges, while adjusted earnings beat market estimates on sales growth. The drug major further trimmed its fiscal 2024 adjusted earnings outlook, but lifted operational sales view to mainly reflect the acquisition of Shockwave Medical. In pre-market activity on the NYSE, Johnson & Johnson shares were losing around 0.5...
RTTNews | Pred 4 h 52 min
Northern Trust Q2 Results Top Estimates

Northern Trust Q2 Results Top Estimates

Northern Trust Corp. (NTRS) reported Wednesday that its second-quarter net income applicable to common stock surged to $891.4 million or $4.34 per share from $327.1 million or $1.56 per share in the prior-year quarter.
RTTNews | Pred 4 h 54 min
U.S. Bancorp Q2 Results Top Estimates

U.S. Bancorp Q2 Results Top Estimates

U.S. Bancorp (USB) reported Wednesday that net income attributable to U.S. Bancorp common shareholders for the second quarter increased to $1.52 billion or $0.97 per share from $1.28 billion or $0.84 per share in the prior-year quarter.
RTTNews | Pred 5 h 26 min
Indonesia Keeps Key Interest Rate Unchanged

Indonesia Keeps Key Interest Rate Unchanged

Indonesia's central bank kept its benchmark interest rate unchanged, as widely expected, on Wednesday. The Board of Governors of Bank Indonesia, governed by Perry Warjiyo, decided to maintain the seven-day reverse repo rate to 6.25 percent.
RTTNews | Pred 6 h 4 min
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ASML Stock Down On Weak Q2 Results, Outlook

ASML Stock Down On Weak Q2 Results, Outlook

Shares of ASML Holding N.V. were losing around 7 percent in the morning trading in Amsterdam as well as in pre-market activity on the Nasdaq Stock Exchange after the Dutch semiconductor equipment maker reported Wednesday weak second-quarter profit, net sales as well as volume. This was despite reporting growth in gross margin as well as value of booked systems.
RTTNews | Pred 6 h 35 min
Eurozone Inflation Slows To 2.5% As Estimated

Eurozone Inflation Slows To 2.5% As Estimated

Eurozone inflation slowed as initially estimated in June but the European Central Bank is expected to hold its benchmark rate on Thursday as underlying inflation remains too high. The harmonized index of consumer prices rose 2.5 percent on a yearly basis, which was slower than the 2.6 percent growth posted in May. The 2.5 percent matched the flash estimate published on July 2.
RTTNews | Pred 6 h 47 min
European Shares Extend Losses For Third Day

European Shares Extend Losses For Third Day

European stocks drifted lower for a third day running on Wednesday as investors digested regional inflation data and looked forward to the European Central Bank's rate-setting meeting later in the week for directional cues.
RTTNews | Pred 6 h 55 min
Musk To Move SpaceX And X HQs Out Of California Over New Student Trans Law

Musk To Move SpaceX And X HQs Out Of California Over New Student Trans Law

Elon Musk announced he would move the headquarters of both his spacecraft maker SpaceX and social media platform X out of California, and to Texas over a new California law signed by Governor Gavin Newsom related to transgender students. Newsom's new student transgender law, signed on Monday, bars school districts in that state from requiring parents to be notified of a child's gender...
RTTNews | Pred 7 h 5 min
FTSE 100 Slips After Inflation Data

FTSE 100 Slips After Inflation Data

U.K. stocks traded lower on Wednesday after U.K. inflation came in unchanged at the official target in June, but the stability of services inflation reduced chances of a rate cut in August.
RTTNews | Pred 7 h 18 min
ADB Raises Developing Asia's Growth Outlook

ADB Raises Developing Asia's Growth Outlook

The Asian Development Bank raised developing Asia's economic growth outlook for this year as strong export growth and domestic demand boosted activity in the first quarter. In the Asian Development Outlook report released Wednesday, the ADB said the region will grow 5.0 percent in 2024, which was slightly better than the previous projection of 4.9 percent. The outlook for 2025 was maintained at 4
RTTNews | Pred 7 h 23 min

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