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Comcast Q4 Profit Edges Down, Bur Results Top Estimates
Comcast Corp. on Thursday reported that profit for the fourth quarter edged down 1.1 percent from last year, reflecting higher costs and expenses. Both adjusted earnings per share and quarterly revenues topped analysts' expectations. The company also declared a 7.4 percent higher quarterly dividend.
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FTSE 100 Edges Up
FTSE 100 of the London Stock Exchange edged higher to trade marginally in the green zone amidst anxiety ahead of the Bank of England's interest rate review next week.
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UK Retail Sales Volumes Fall At Faster Pace In January - CBI Survey
UK retail sales volumes dropped at a faster-than-expected pace at the start of the year, and retailers expect them to decline again next month, but at a slightly slower rate, survey data from the Confederation of British Industry, or CBI, showed Thursday.
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Northrop Grumman Q4 Results Top Estimates; Initiates FY23 Outlook
While reporting financial results for the fourth quarter on Thursday, Northrop Grumman Corp. (NOC) initiated its adjusted earnings and sales guidance for the full year 2023.
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CAC-40 Rises On Corporate Earnings Boost
The CAC-40 rallied much ahead of its regional peers amidst upbeat earnings updates. Hopes of a softer pace of rate hikes by the Fed also helped sentiment.
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McCormick Guides FY23 Adj. EPS Below Estimates - Update
While reporting financial results for the fourth quarter on Thursday, flavor maker McCormick & Co., Inc. (MKC) initiated its earnings, adjusted earnings and sales growth guidance for the full year 2023.
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Ireland Consumer Confidence At 7-Month High On Easing Price Pressures
Irish consumer confidence improved at the start of the year to the highest level in seven months amid a let up in the cost of living crisis due to a drop in inflation after Christmas, survey data from Credit Union and Core Research showed on Thursday.
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Yen Reverses Gains Following BoJ Summary Of Options
The yen dropped against its major counterparts in the European session on Thursday, as the Bank of Japan Summary of Opinions from the January meeting showed that the central bank is determined to maintain its current monetary policy, including the conduct of yield curve control.
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Tractor Supply Guides FY23 EPS In Line With Estimates - Update
While reporting financial results for the fourth quarter on Thursday, rural lifestyle retailer Tractor Supply Co. (TSCO) initiated earnings, net sales and comparable store sales guidance for the full-year 2023.
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Singapore Industrial Output Falls 3.1%
Singapore's industrial production declined for the third straight month in December, largely due to a slump in the bio-medical manufacturing output, data from the Economic Development Board revealed on Thursday.
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SAP Stock Down On Weak Q4 Profit, Sees Growth In FY23; To Cut 2.5% Jobs; Mulls Qualtrics Stake Sale
Shares of SAP AG were losing more than 3 percent in the morning trading in Germany as well as in pre-market activity on the NYSE after the German software major reported Thursday sharply lower profit in its fourth quarter, despite higher revenues. Looking ahead for fiscal 2023, the company projects accelerating topline and double-digit adjusted operating profit growth.
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Positive Earnings Updates Lift DAX
Positive earnings updates from the region helped restore sentiment pushing the DAX higher in Thursday's trade.
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UK Car Production Falls Most In Over 6 Decades Despite Record EV Output
UK car production declined at the fastest pace in 66 years during the year 2022, as global chip shortages and structural changes hampered output coupled with weaker exports, while electrical vehicle production reached a record level, data from the Society of Motor Manufacturers and Traders, or SMMT, showed on Thursday.
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