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Japan Producer Price Data Due On Thursday
Japan will on Thursday release July figures for producer prices, highlighting a light day for Asia-Pacific economic activity. Producer prices are tipped to add 0.2 percent on month and 3.5 percent on year after easing 0.2 percent on month and rising 4.1 percent on year in June.
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Looming Inflation Data Leading To Lackluster Performance By U.S. Dollar
The value of the U.S. dollar has shown a lack of direction over the course of trading on Wednesday as traders look ahead of the release of key inflation data.
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Swiss Market Ends Higher After Cautious Session
The Switzerland market ended higher on Wednesday after a cautious session in which stock prices moved in a very tight range as investors looked ahead to key U.S. inflation data for clues about future rate hikes.
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European Markets Close On Firm Note
European markets closed on a firm note on Wednesday, led by gains in mining and banking sectors.
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Euro Advances As Italy Imposes Cap On Windfall Tax On Banks
The euro climbed against its major counterparts in the European session on Wednesday, as Italy's decision to set a cap on its windfall tax on banks lifted European shares.
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Brink's Maintains FY23 Outlook; Q2 Adj. EPS Misses Estimates
While reporting financial results for the second quarter on Wednesday, The Brink's Co. (BCO) maintained its earnings and revenue guidance for the full-year 2023.
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Target Begins Drive Up With Starbucks
Target Corp. has teamed with Starbucks Corp. for the roll out of Drive Up service, offering guests nationwide free carside delivery of their favorite menu item from the coffee chain. According to the Minneapolis-based retailer, guests can now enjoy handcrafted beverages or food from Starbucks Cafés along with their Drive Up order being delivered to their car at select stores.
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more news
Bay Street Likely To See Positive Start
Canadian shares are likely to open higher Wednesday morning, tracking firm European stocks and higher crude oil prices.
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Southwest Gas Q2 Results Top Estimates
Southwest Gas Holdings, Inc. (SWX) reported Wednesday net income for the second quarter of $28.88 million or $0.40 per share, compared to a net loss of $6.58 million or $0.10 per share in the prior-year quarter. Excluding items, adjusted earnings per share were $0.47 per share, compared to $0.23 per share last year.
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Valvoline Promotes Lori Flees To Succeed Sam Mitchell As CEO
Valvoline Inc. (VVV), a preventive automotive maintenance company, announced Wednesday that Sam Mitchell is retiring as Chief Executive Officer and a member of the Board of Directors, effective September 30, 2023.
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Wendy's Co. Q2 Adj. EPS Tops View; Maintains Fy23 Outlook
The Wendy's Co. (WEN) reported Wednesday that net income for the second quarter increased to $59.63 million or $0.28 per share from $48.15 million or $0.22 per share in the prior-year quarter. Excluding items, adjusted earnings per share were $0.28 per share, compared to $0.24 per share last year.
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ODP Corp. Boosts FY23 Adj. EPS Outlook - Update
While reporting financial results for the second quarter on Tuesday, The ODP Corp. (ODP) raised its adjusted earnings guidance for the full-year 2023, while lowering annual sales outlook.
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Sensex, Nifty End Higher Ahead Of RBI MPC Meeting Outcome
Indian shares eked out modest gains on Wednesday amid mixed catalysts.
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