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Kelly Services Q3 Results Miss Estimates
Specialty talent solutions provider Kelly Services, Inc. (KELYA, KELYB) reported Thursday that its net income for the second quarter plunged to $2.2 million or $0.06 per share from $24.0 million or $0.60 per share in the prior-year quarter.
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US Foods Q2 Net Profit Declines; Reaffirms FY22 Adj. EPS Outlook
Foodservice distributor US Foods Holding Corp. (USFD) on Thursday reported second quarter net income available to common shareholders of $61 million or $0.27 per share, up from $46 million or $0.20 per share in the prior-year quarter.
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Dillard's Q2 Results Top Estimates
Luxury department store chain Dillard's, Inc. (DDS) reported Thursday a second-quarter net income of $163.4 million or $9.30 per share, lower than $185.7 million or $8.81 per share in the prior-year quarter.
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Cardinal Health Promotes CFO Jason Hollar To Succeed Mike Kaufmann As CEO
Healthcare services company Cardinal Health (CAH) announced Thursday that its Board of Directors has elected Jason Hollar as the company's next Chief Executive Officer, effective September 1, 2022. Hollar will also join the Board of Directors effective August 11, 2022. Hollar will succeed current Chief Executive Officer Mike Kaufmann.
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Sensex, Nifty Rally As Fed Bets Ease After US Inflation Data
Indian shares rose on Thursday, though markets finished off their day's highs, tracking a lackluster trend in European markets after a couple of Fed officials took a tough line on the need for more large rate increases.
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U.S. Dollar Modestly Lower Against Majors
The U.S. dollar weakened against its major counterparts in the European session on Thursday, although hawkish comments from Federal Reserve officials limited the losses in the currency.
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European Shares Little Changed As Yields Tick Higher
European shares were little changed on Thursday as earnings proved to be a mixed bag and German government bond yields crept higher, echoing moves in U.S. Treasuries.
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more news
Asian Shares Follow Wall Street Higher As Inflation Worries Ease
Asian stocks followed Wall Street higher on Thursday after a report showed U.S inflation cooled more than expected in July, reflecting lower energy prices.
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European Shares Set For Positive Open
European stocks look set to extend gains from the previous session on Thursday amid receding concerns over the Federal Reserve's aggressive interest rate hikes.
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Sensex Soars 540 Points; Nifty Nears 17,700
Indian shares opened on a strong note Thursday as softer-than-expected U.S. inflation data eased concerns over the Federal Reserve's aggressive rate hikes and boosted investors' appetite for riskier assets.
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Asian Markets Higher On US Inflation Data
Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from global markets overnight, as traders reacted tamer than expected US consumer price inflation data that raised speculation the Fed will slow the pace of interest rate hikes at its September meeting. Asian Markets closed mostly lower on Wednesday.
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Sensex, Nifty Set To Rally As Slowing US Inflation Eases Fed Worries
Indian shares look set to follow global peers higher on Thursday after new data showed inflation steadying in the world's largest economy.
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Thai Stock Market Tipped To Bounce Higher Again On Thursday
The Thai stock market on Wednesday wrote a finish to the five-day winning streak in which it had collected almost 30 points or 1.9 percent. The Stock Exchange of Thailand now sits just above the 1,615-point plateau although it's looking at renewed support on Thursday.
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