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Canadian Market Down In Negative Territory At Noon
Canadian stocks are down in negative territory around noon on Tuesday with somewhat hot inflation data weighing on sentiment. Uncertainty about early interest rate cuts by the Federal Reserve continues to weigh as well.
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U.S. Industrial Production Climbs 0.4% In March, In Line With Estimates
A report released by the Federal Reserve on Tuesday showed industrial production in the U.S. increased in line with economist estimates in the month of March. The Fed said industrial production climbed by 0.4 percent in March, matching the upwardly revised advance in February.
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514 วันที่ผ่านมา
U.S. Housing Starts Pull Back Sharply In March, Extending Recent Volatility
After reporting a substantial rebound in new residential construction in the U.S. in the previous month, the Commerce Department released a report on Tuesday showing housing starts pulled back by much more than expected in the month of March. The Commerce Department said housing starts plummeted by 14.7 percent to an annual rate of 1.321 million in March.
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514 วันที่ผ่านมา
Baidu's AI Chatbot Ernie Bot Records Over 200 Mln Users
Chinese internet company Baidu Inc.'s artificial intelligence or AI chatbot Ernie Bot has secured more than 200 million users, reports said citing CEO Robin Li. Ernie Bot, China's most popular ChatGPT-like chatbot, was released to the public in August last year. In December, the company had said that Ernie Bot's users reached over 100 million.
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514 วันที่ผ่านมา
U.S. Industrial Production Climbs In Line With Estimates In March
A report released by the Federal Reserve on Tuesday showed industrial production in the U.S. increased in line with economist estimates in the month of March.
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514 วันที่ผ่านมา
UK Unemployment Rate Rises; Wage Growth Slows
The increase in the UK unemployment rate and the marginal slowdown in wage growth in the three months to February suggest an easing of pressure in the labor market. The ILO jobless rate rose to 4.2 percent from 3.9 percent in three months to January, the Office for National Statistics reported Tuesday. The rate was seen at 4.0 percent.
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514 วันที่ผ่านมา
Planet Fitness Appoints Colleen Keating As CEO
Planet Fitness, Inc. (PLNT) announced Tuesday that it has appointed Colleen Keating as the Company's Chief Executive Officer, effective June 10, 2024. At that time, Craig Benson will resign as Interim CEO but will continue to serve as a member of the Company's Board of Directors.
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514 วันที่ผ่านมา
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U.S. Housing Starts Plunge Much More Than Expected In March
After reporting a substantial rebound in new residential construction in the U.S. in the previous month, the Commerce Department released a report on Tuesday showing housing starts pulled back by much more than expected in the month of March.
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514 วันที่ผ่านมา
Morgan Stanley Q1 Results Tops Estimates
Financial services firm Morgan Stanley reported Tuesday a profit for the first quarter that increased 15 percent from last year, driven by revenue growth across its operating segments and lower provisions for credit losses. Both earnings per share and quarterly revenues topped analysts' estimates.
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514 วันที่ผ่านมา
Bay Street Likely To See Mixed Open; Inflation Data In Focus
The Canadian market is likely to open on a mixed note on Tuesday, tracking commodity prices, and reacting to the nation's consumer price inflation data. Geopolitical tensions may weigh on sentiment.
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514 วันที่ผ่านมา
Morgan Stanley Q3 Profit Up 15%, Results Top Estimates
Financial services firm Morgan Stanley (MS) reported Tuesday that net income applicable to the company's common shareholders for the first quarter increased to $3.27 billion or $2.02 per share from $2.84 billion or $1.70 per share in the year-ago quarter.
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514 วันที่ผ่านมา
Northern Trust Q1 Profit Down 38%, But Results Miss Estimates
Northern Trust Corp. (NTRS) reported Tuesday that its first-quarter net income applicable to common stock declined 38 percent to $198.5 million from last year's $318.4 million, with earnings per share decreasing 37 percent to $0.96 from $1.51 last year.
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514 วันที่ผ่านมา
Bank Of America Q1 Results Tops Estimates
Bank of America Corp. (BAC) reported Tuesday that net income applicable to common shareholders for the first quarter declined to $6.14 billion or $0.76 per share from $7.66 billion or $0.94 per share in the prior-year quarter. Excluding items, adjusted net income for the quarter was $0.83 per share.
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514 วันที่ผ่านมา
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