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Genesco Q2 Adj. EPS Tops Estimates; Slashes FY23 Outlook

Specialty retailer Genesco, Inc. (GCO) on Thursday reported that net earnings for the second quarter declined to $7.64 million or $0.59 per share from $10.94 million or $0.75 per share in the prior-year quarter.
RTTNews | Pred 997 dňami
UK Manufacturing Activity Contracts Most Since 2020

UK Manufacturing Activity Contracts Most Since 2020

The UK manufacturing sector registered its sharpest contraction since May 2020 on steep decreases in production and order intake, final survey results from S&P Global showed Thursday. The Chartered Institute of Procurement & Supply factory Purchasing Managers' Index fell to 47.3 in August from 52.1 in July. But the score was above the flash estimate of 46.0.
RTTNews | Pred 997 dňami
Indian Shares Tumble Amid Global Sell-off

Indian Shares Tumble Amid Global Sell-off

Indian shares fell sharply on Thursday, tracking weak global markets after several Fed and ECB officials reiterated their support for further interest-rate hikes to combat inflation.
RTTNews | Pred 997 dňami
Euro Weakens On Rate Hike, Recession Worries

Euro Weakens On Rate Hike, Recession Worries

The euro was lower against its most major counterparts in the European session on Thursday, as European markets fell, tracking a sell-off on Wall Street and in Asia, as investors continued to worry about higher interest rates and the risk of a recession.
RTTNews | Pred 997 dňami
European Shares Extend Slide As Rate Hike Fears Mount

European Shares Extend Slide As Rate Hike Fears Mount

European stocks fell sharply on Thursday to hit seven-week lows amid worries that aggressive rate hikes by the Federal Reserve and other central banks in Europe and Asia will dent economic growth.
RTTNews | Pred 997 dňami
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CAC 40 Extends Losses As Luxury Stocks Drag

CAC 40 Extends Losses As Luxury Stocks Drag

French stocks tumbled on Thursday, as investors reacted to fresh hawkish commentary from another key Fed official and a disappointing report on monthly private payrolls in the United States.
RTTNews | Pred 997 dňami
DAX Retreats On Growth, Inflation Concerns

DAX Retreats On Growth, Inflation Concerns

German stocks fell sharply on Thursday amid worries that aggressive rate hikes by the Federal Reserve and other central banks in Europe and Asia will dent economic growth.
RTTNews | Pred 997 dňami
UK Nationwide House Price Inflation Softens In August

UK Nationwide House Price Inflation Softens In August

Amid rising energy bills and higher interest rate squeezing household budgets, UK house price inflation softened in August, data published by Nationwide Building Society showed Thursday. House price inflation slowed to 10.0 percent in August from 11.0 percent in July. The rate was forecast to ease more sharply to 8.9 percent. Nonetheless, the rate remained in double-digits for the tenth month in
RTTNews | Pred 997 dňami
China Manufacturing Sector Shrinks In August

China Manufacturing Sector Shrinks In August

China's manufacturing sector unexpectedly contracted in August as power cuts and temporary factory closures due to the heatwave dampened production and sales, survey results from S&P Global showed on Thursday. The Caixin manufacturing Purchasing Managers' Index fell to 49.5 in August from 50.4 in July.
RTTNews | Pred 998 dňami

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