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Mitsubishi Motors H1 Profit Soars, Boosts FY22 Outlook
Mitsubishi Motors Corp. (MMTOF.PK) reported Wednesday that its first-half net income attributable to owners of the parent soared to 82.74 billion Japanese yen from last year's 21.67 billion yen.
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German Unemployment Rises Less Than Expected
German unemployment increased less-than-expected in October, data published by the Federal Labor Agency revealed Wednesday. The number of unemployed climbed 8,000 in October, following a revised increase of 13,000 in September. Unemployment was forecast to rise by 15,000.
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Bay Street Likely To Open On Positive Note
Canadian shares are likely to open with a positive bias on Wednesday, tracking higher bullion prices.
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Dollar Rises Following ADP Data
U.S. ADP private payrolls data for October has been released at 8:15 am ET Wednesday. The greenback rose against its major counterparts after the data.
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Dollar Mixed Ahead Of ADP Data
U.S. ADP private payrolls data for October is scheduled for release at 8:15 am ET Wednesday. Ahead of the data, the greenback traded mixed against its major counterparts. While the currency fell against the franc and the yen, it held steady against the euro and the pound.
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Belden Boosts FY22 Outlook As Q3 Results Top Estimates
While reporting financial results for the third quarter on Wednesday, Belden Inc. (BDC) provided its earnings, adjusted earnings and revenue guidance for the fourth quarter and raised its outlook for the full year 2022.
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Estée Lauder Slashes FY23 Outlook; Boosts Dividend 10% - Update
While reporting financial results for the first quarter on Wednesday, Estée Lauder Cos., Inc. (EL) initiated earnings and sales growth guidance for the second quarter and slashed its forecast for the full-year 2023.
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more news
Eurozone Manufacturing PMI Remains In Negative Territory
The euro area manufacturing activity contracted for the fourth consecutive month in October signaling a recession, final survey results from S&P Global showed on Wednesday. The manufacturing Purchasing Managers' Index declined to 46.4 in October from 48.4 in the previous month. The score was below the preliminary estimate of 46.6.
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Humana Affirms FY22 Adj. EPS Outlook - Update
While reporting financial results for the third quarter on Wednesday, health insurer Humana Inc. (HUM) affirmed its adjusted earnings guidance for the full-year 2022, which was raised at the company's Investor Day in September 2022.
For fiscal 2022, the company now projects earnings of about $23.27 per share and adjusted earnings of about $25.00 per share.
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Japanese Yen Climbs Before Fed Decision
The Japanese yen appreciated against its major counterparts in the European session on Wednesday, as investors weighed the likelihood of a pivot by the U.S. Federal Reserve in the future.
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Elon Musk Says Twitter To Charge $8/month For Blue Tick
Elon Musk, who is now in charge of Twitter following its $44 billion acquisition, said the social media platform will charge $8 per month for a blue tick verification. In a tweet, he said, "Twitter's current lords & peasants system for who has or doesn't have a blue checkmark is bullshit. Power to the people! Blue for $8/month."
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Sensex, Nifty Slip As Investors Await Fed Meeting Outcome
Indian shares fell slightly on Wednesday and the rupee slipped, as investors awaited the outcome of a Federal Reserve policy meeting later in the day that could offer additional cues on future rate hikes.
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European Shares Mostly Higher Ahead Of Fed, BoE Rate Decisions
European stocks were flat to slightly higher on Wednesday as investors awaited the outcome of key meetings at the Federal Reserve and the Bank of England.
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