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U.S. GDP Growth Unexpectedly Accelerates In Q2
U.S. economic growth unexpectedly accelerated in the second quarter of 2023, the Commerce Department revealed in a preliminary report released on Thursday.
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837天前
U.S. Durable Goods Orders Surge Much More Than Expected In June
New orders for U.S. manufactured durable goods orders soared by much more than expected in the month of June, according to a report released by the Commerce Department on Thursday.
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837天前
U.S. Weekly Jobless Claims Unexpectedly Edge Lower
The Labor Department released a report on Thursday unexpectedly showing a modest decrease in first-time claims for U.S. unemployment benefits in the week ended July 22nd.
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837天前
Lincoln Electric Promotes COO Steven Hedlund To Succeed Christopher Mapes As President And CEO
Lincoln Electric Holdings, Inc. (LECO) announced Thursday that Christopher Mapes, Chairman, President and Chief Executive Officer (CEO), who has served as President and CEO since 2012, will retire as President and CEO on December 31, 2023, and will be designated as Executive Chairman of the Board, effective January 1, 2024.
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837天前
Euro Drops After ECB Decision
As expected, the European Central Bank raised its main refinancing rate by 25 basis points to 4.25 percent from 4 percent. Following the announcement, the euro fell against its major opponents.
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837天前
Bay Street Likely To Open On Firm Note
Canadian shares look headed for a firm start Thursday morning, tracking positive European markets and higher commodity prices.
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837天前
AbbVie Boosts FY23 Outlook As Q2 Results Top Estimates
While reporting financial results for the second quarter on Thursday, biopharmaceutical company AbbVie, Inc. (ABBV) trimmed its adjusted earnings guidance for the full-year 2023.
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837天前
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Euro Mixed Ahead Of ECB Decision
The European Central Bank will announce interest rate decision at 8:15 am ET Thursday. The ECB is expected to raise the key refi rate by 25 basis points to 4.25 percent from 4 percent.
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837天前
McDonald's Q2 Profit Soars, Results Top Estimates
Fast-food giant McDonald's Corp. (MCD) reported Wednesday that net income for the second quarter soared to $2.31 billion or $3.15 per share from $1.19 billion or $1.60 per share in the prior-year quarter.
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837天前
Bristol-Myers Squibb Slashes FY23 Outlook As Q2 Results Miss Estimates
While reporting financial results for the second quarter on Thursday, biopharmaceutical company Bristol-Myers Squibb Co. (BMY) slashed its adjusted earnings and revenue growth guidance for the full-year 2023, primarily due to lower than expected sales of Revlimid, and to a lesser extent, Pomalyst.
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837天前
U.S. Dollar Down On Fed Hopes
The U.S. dollar lost ground against its major counterparts on Thursday, as comments from Federal Reserve Chair Jerome Powell sparked speculation that the central bank has neared the end of the tightening cycle.
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837天前
Honeywell Boosts FY23 Outlook As Q2 Profit Tops Estimates
While reporting financial results for the second quarter on Thursday, technology company Honeywell international, Inc. (HON) raised its adjusted earnings and sales guidance for the full-year 2023, based on the second-quarter performance and management's outlook for the remainder of the year.
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837天前
German Consumer Sentiment To Improve In August: GfK
German consumer confidence for August improved as cooling inflation boosted income expectations of households, survey data published by the market research group GfK showed on Thursday. The consumer sentiment index rose to -24.4 from a revised -25.2 in July. The score was seen at -24.7.
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837天前
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