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Regions Financial Q4 Profit Rises 60%, Tops Estimates

Regions Financial Corp. (RF) on Friday reported fourth-quarter net income available to common shareholders increased to $660 million or $0.70 per share from $414 million or $0.43 per share in the year-ago quarter.
RTTNews | Pred 934 dňami
Pound Declines As UK Retail Sales Drop Unexpectedly

Pound Declines As UK Retail Sales Drop Unexpectedly

The pound fell against its major counterparts in early European deals on Friday, as the nation's retail sales declined unexpectedly in December, raising concerns about the economic outlook.
RTTNews | Pred 934 dňami
CAC 40 Rebounds After Thursday's Selloff

CAC 40 Rebounds After Thursday's Selloff

French stocks were moving higher on Friday as investors pinned hopes for demand recovery in the world's second-biggest economy on eve of upcoming Lunar New Year holiday.
RTTNews | Pred 934 dňami
South Korea Producer Price Inflation Lowest In Nearly 2 Years

South Korea Producer Price Inflation Lowest In Nearly 2 Years

South Korea's producer prices rose at the slowest annual pace in twenty months in December and the pace eased for a sixth month in a row, thanks to a let up in inflationary pressures in the manufacturing sector due to the fall in oil prices and a weaker dollar, preliminary figures from the Bank of Korea showed Friday.
RTTNews | Pred 934 dňami
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DAX Sees Modest Gains On China Optimism

DAX Sees Modest Gains On China Optimism

German stocks were seeing modest gains on Friday, with optimism about China's reopening and expectations that the Federal Reserve would ease up on interest-rate rises helping underpinning sentiment.
RTTNews | Pred 934 dňami
Ericsson Stock Down On Weak Q4 Profit, Q1 EBITA Warning

Ericsson Stock Down On Weak Q4 Profit, Q1 EBITA Warning

Shares of LM Ericsson were losing around 7 percent in the early morning trading in Sweden after the telecom major reported Friday weak profit in its fourth quarter, hurt by hefty charges, despite higher revenues. Looking ahead, the company said it expects first-quarter Group EBITA to be somewhat lower than last year, with improvements during the year.
RTTNews | Pred 934 dňami
Asian Shares Advance As US Rate Hike Worries Ease

Asian Shares Advance As US Rate Hike Worries Ease

Asian stocks ended broadly higher on Friday, Treasury yields fell and the dollar sank after a slew of Fed officials said there is need for further rate increases at slower pace.
RTTNews | Pred 934 dňami
UK Retail Sales Unexpectedly Fall Amid Weaker Consumer Sentiment

UK Retail Sales Unexpectedly Fall Amid Weaker Consumer Sentiment

Despite the festive season, UK retail sales unexpectedly declined in December and consumers turned more pessimistic at the start of this year as the rising cost of living and the slowing economy hurt their purchasing power. The retail sales volume logged a monthly fall of 1.0 percent after easing by a revised 0.5 percent a month ago.
RTTNews | Pred 934 dňami
European Economic News Preview: UK Retail Sales Data Due

European Economic News Preview: UK Retail Sales Data Due

Retail sales from the UK and producer prices from Germany are the top economic news due on Friday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics is scheduled to issue UK retail sales data for December. Sales are forecast to grow 0.5 percent on month, reversing a 0.4 percent fall in November.
RTTNews | Pred 934 dňami

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