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AutoNation Acquires 6.1% Ownership Stake In TrueCar

Automotive retailer AutoNation, Inc. (AN) announced Tuesday its acquisition of an approximately 6.1% minority ownership stake in TrueCar, Inc. (TRUE), a leading automotive digital marketplace that lets auto buyers and sellers connect to its nationwide network of Certified Dealers.
RTTNews | Pred 1016 dňami
Sea Limited Q3 Results Top Estimates; Stock Up 15%

Sea Limited Q3 Results Top Estimates; Stock Up 15%

Consumer Internet company Sea Ltd. (SE) announced Tuesday that net loss excluding share-based compensation attributable to Sea's ordinary shareholders for the third quarter widened to $369.54 million or $0.66 per share from $450.05 million or $0.84 per share in the prior-year quarter.
RTTNews | Pred 1016 dňami
Eurozone Q3 GDP Growth Slowdown Confirmed

Eurozone Q3 GDP Growth Slowdown Confirmed

Euro area economy expanded at a slower pace in the third quarter and employment growth slowed as runaway inflation and rising interest rates damp economic activity in the single currency bloc, latest figures from Eurostat showed Tuesday. Gross domestic product grew a seasonally adjusted 0.2 percent from the second quarter, when the Eurozone economy expanded 0.8 percent.
RTTNews | Pred 1016 dňami
Airlines Returns More Than $600 Mln To Passengers; Imposed $7.25 Mln Fine: DOT

Airlines Returns More Than $600 Mln To Passengers; Imposed $7.25 Mln Fine: DOT

The U.S. Department of Transportation or DOT has fined $7.25 million to six airlines across the world, which also collectively returned around $600 million in refunds to their passengers since the beginning of the COVID-19 pandemic. In a statement, the DOT said these fines are for extreme delays in providing refunds.
RTTNews | Pred 1016 dňami
Vodafone H1 Profit Weak, Cuts FY23 View; Plans Cost Cutting; Stock Down

Vodafone H1 Profit Weak, Cuts FY23 View; Plans Cost Cutting; Stock Down

Shares of Vodafone Group Plc were losing around 5 percent in the morning trade in London as well as in the pre-market activity on Nasdaq after the British telecom major reported Tuesday weak profit in its first half with lower revenues. For fiscal 2023, the company now projects adjusted EBITDAaL at at the lower end of original guidance. The company also announced a new cost savings target
RTTNews | Pred 1016 dňami
Australian, NZ Dollars Higher Amid Improved Risk Sentiment

Australian, NZ Dollars Higher Amid Improved Risk Sentiment

The Australian and NZ dollars appreciated against their major counterparts in the European session on Tuesday, as U.S. President Joe Biden and Chinese President Xi Jinping's much-awaited meeting in Indonesia helped ease tensions between the two countries.
RTTNews | Pred 1016 dňami
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DAX Little Changed In Lackluster Trade

DAX Little Changed In Lackluster Trade

German stocks held largely steady on Tuesday, a day after Fed Vice Chair Lael Brainard signaled that the U.S. central bank will likely soon slow its interest rate hikes.
RTTNews | Pred 1016 dňami
UK Unemployment Rate Rises In Q3

UK Unemployment Rate Rises In Q3

The UK unemployment rose slightly in the third quarter ahead of the economy entering a prolonged period of recession. The ILO jobless rate rose slightly to 3.6 percent during July to September from 3.5 percent in three months to August. The rate was forecast to remain unchanged at 3.5 percent.
RTTNews | Pred 1016 dňami

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