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European Stocks Close Higher As Markets Look Ahead To Policy Moves By Fed, BoE
European stocks closed higher on Tuesday after staying positive right through the day's trading session, as investors digested the latest batch of earnings updates and economic data from the region, and looked ahead to the Federal Reserve and the Bank of England's policy announcements, due on Wednesday and Thursday, respectively.
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936 gün önce
Canadian Market Up Firmly In Positive Territory; Energy, Materials Shares Rise
After opening with a strong positive gap, the Canadian market climbed further up Tuesday morning, and remains firmly placed well above the flat line despite paring some of its early gains.
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936 gün önce
U.S. Construction Spending Unexpectedly Inches Higher In September
Construction spending in the U.S. unexpectedly showed a modest increase in the month of October, according to a report released by the Commerce Department on Tuesday. The report said construction spending inched up by 0.2 percent to an annual rate of $1.811 trillion in September after falling by 0.6 percent to a revised rate of $1.807 trillion in August.
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936 gün önce
U.S. Manufacturing Index Indicates Modest Growth In October
A report released by the Institute for Supply Management on Tuesday showed a slight increase in U.S. manufacturing activity in the month of October. The ISM said its manufacturing PMI edged down to 50.2 in October from 50.9 in September, but a reading above 50 still indicates growth in the sector. Economists had expected the index to dip to 50.0.
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936 gün önce
Myriad Genetics Slashes FY22 Outlook As Q3 Results Miss Estimates; Stock Down 8%
While reporting financial results for the third quarter on Tuesday, genetic testing firm Myriad Genetics, Inc. (MYGN) slashed its earnings and adjusted earnings and revenue guidance for the full year 2022 to reflect third quarter business updates.
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936 gün önce
UPS Intends To Hire At Least 60K For Holiday Season In One Weekend
UPS (UPS) said Tuesday it plans to hire at least 60,000 of the 100,000+ seasonal employees it needs for the holiday season in one weekend. UPS Brown Friday begins Nov. 4, with more than 450 in-person and virtual events scheduled across the country.
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936 gün önce
Zebra Technologies Guides Q4 Well Below View As Q3 Results Miss Estimates
While reporting financial results for the third quarter on Tuesday, Zebra Technologies Corp. (ZBRA) provided its adjusted earnings and adjusted net sales growth guidance for the fourth quarter, well below analysts' estimates.
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936 gün önce
more news
Sysco Q1 Adj. EPS Miss Estimates, But Sales Top; Reaffirms FY22 Outlook
Sysco Corp. (SYY) reported Tuesday net earnings for the first quarter that increased to $465.57 million or $0.91 per share from $378.01 million or $0.73 per share in the prior-year quarter.
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936 gün önce
Blucora Q3 Adj. Loss Miss Estimates; Narrows FY22 Outlook Range
Financial technology company Blucora, Inc. (BCOR) reported Tuesday a net loss for the third quarter that narrowed to $21.84 million or $0.46 per share from $27.80 million or $0.57 per share in the prior-year quarter.
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936 gün önce
Bay Street Set To Open On Positive Note
Canadian shares are set to open on a positive note on Tuesday, tracking gains in European markets and firm commodity prices.
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936 gün önce
Pfizer Boosts FY22 Outlook As Q3 Results Top Estimates
Pfizer Inc. reported a profit for the third quarter that increased six percent from last year, reflecting higher benefit from tax resolutions for multiple years, despite a 6 percent decline in revenues. Both adjusted earnings and quarterly revenues topped analysts' expectations. The company also raised its adjusted earnings and revenue guidance for the full-year 2022.
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936 gün önce
UK Nationwide House Price Index Falls First Time Since Mid-2021
UK house prices fell for the first time in 15 months in October after the turmoil caused by the mini-budget announcement hurt the sentiment in the property market as rising borrowing cost worsen the stretched housing affordability, the Nationwide Building Society said Tuesday.
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936 gün önce
RBA Hikes Key Rate By 25 Bps; Rates To Rise Further
Australia's central bank raised its benchmark interest rate on Tuesday, for a second consecutive meeting and repeated the guidance that rates will be lifted further based on incoming data. The policy board of the Reserve Bank of Australia, headed by Governor Philip Lowe, decided to lift the cash rate target by 25 basis points to 2.85 percent, the highest since 2013.
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936 gün önce
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