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U.S. Consumer Sentiment Jumps In January, Near-Term Inflation Expectations Extend Slide
Consumer sentiment in the U.S. has improved much more than expected in the month of January, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index jumped to 64.6 in January from 59.7 in December. Economists had expected the index to inch up to 60.5.
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Pred 929 dňami
Eurozone Industrial Resilience, Narrower Trade Deficit Signal Shallow Recession
A recovery in the euro area industrial production due to higher demand as supply constraints continued to ease along with a fall in commodity prices, and a narrowing in the trade deficit on the back of strong export growth add to signs that the single currency bloc is set for a shallow recession.
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Pred 929 dňami
U.S. Import Prices Unexpectedly Rebound In December, Export Prices Plunge
While the Labor Department released a report on Friday showing an unexpected increase in U.S. import prices in the month of December, the report also showed a much steeper than expected nosedive in export prices. The Labor Department said import prices rose by 0.4 percent in December after falling by a revised 0.7 percent in November.
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Pred 929 dňami
U.S. Import Prices Unexpectedly Rise 0.4% In December
While the Labor Department released a report on Friday showing an unexpected increase in U.S. import prices in the month of December, the report also showed a much steeper than expected nosedive in export prices.
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Pred 929 dňami
Bay Street Likely To Open On Mixed Note
The Canadian market is likely to open on a mixed note Friday morning with investors reacting to earnings updates from major U.S. banks, and a slew of earnings announcements from Canadian companies.
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Pred 929 dňami
JPMorgan Q4 Profit Up 6%, Results Top Estimates
US investment bank JPMorgan Chase & Co. reported Friday a profit for the fourth quarter that increased six percent from last year, reflecting strong double-digit net interest income growth, boosted by higher interest rates. Both adjusted earnings per share and revenues for the quarter topped analysts' expectations.
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Pred 930 dňami
Delta Air Lines Guides FY23 EPS In Line With Estimates - Update
While reporting financial results for the fourth quarter and fiscal 2022 on Friday, Delta Air Lines, Inc. (DAL) provided earnings and total revenue guidance for the first quarter and the full-year 2023.
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Tesla Cuts Prices In US, Europe To Boost Demand
Tesla Inc. has reduced its electric vehicles' prices in the United States and Europe, aiming to boost demand, Reuters reported. The move comes nearly one week after the luxury electric major slashed prices at its biggest international market in China. Following the news, Tesla shares were losing around 4 percent in Frankfurt as well as in the pre-market activity on Nasdaq.
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Pred 930 dňami
Unity Bancorp Q4 EPS Misses Estimates
Unity Bancorp, Inc. (UNTY), parent company of Unity Bank, reported Friday a fourth-quarter net income of $10.0 million or $0.93 per share, compared to $9.7 million or $0.93 per share in the prior-year quarter.
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Pred 930 dňami
UnitedHealth Group Affirms FY23 Outlook - Update
While reporting financial results for the fourth quarter and fiscal 2022 on Friday, diversified health care company UnitedHealth Group, Inc. (UNH) affirmed its earnings, adjusted earnings and revenue outlook for the full-year 2023 which was established at its November 29h Investor Conference.
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Pred 930 dňami
Sensex, Nifty Reverse Course To End Higher
Indian shares reversed early losses to finish higher on Friday, as positive global cues and encouraging macroeconomic data helped offset a mixed set of earnings results from prominent IT companies.
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Pred 930 dňami
UK Economy Unexpectedly Expands In November
The UK economy unexpectedly expanded in November as the FIFA World Cup boosted sales of food and beverages, data from the Office for National Statistics revealed Friday.
Gross domestic product grew 0.1 percent on a monthly basis in November, confounding expectations for a fall of 0.2 percent. Nonetheless, the pace of growth eased sharply from 0.5 percent in October.
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Pred 930 dňami
Yen Strengthens Ahead Of BoJ Decision
The Japanese yen climbed against its major counterparts on Friday, on growing hopes that the Bank of Japan may change the yield curve control policy further when it meets next week.
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Pred 930 dňami
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