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Mobileye Global Q3 Loss Widens
Mobileye Global Inc. (MBLY) reported Wednesday that net loss for the third quarter widened to $45 million or $0.06 per share from $26 million or $0.03 per share in the prior-year quarter.
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972天前
Bay Street Likely To Open Weak; BoC Rate Decision In Focus
Lower Canadian and U.S. futures point to a weak start for the Canadian market on Wednesday. The focus will be the Bank of Canada's interest rate decision, due at 10 AM ET.
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972天前
Eurozone Q3 GDP Growth Revised Up To 0.3% On Household Spending, Investment
The euro area economy posted a better-than-initially estimated growth in the third quarter on household spending and investment, but the revision little changes the bleak outlook for a recession in the coming quarters. The 19-member currency bloc grew an upwardly revised 0.3 percent sequentially, but the pace was slower than the 0.8 percent expansion logged in the second quarter.
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972天前
Campbell Soup Boosts FY23 Outlook - Update
While reporting financial results for the first quarter on Wednesday, Campbell Soup Co. (CPB) raised its adjusted earnings and net sales guidance for the full-year 2023, to reflect strong first-quarter results, sustained brand momentum and strengthened supply chain.
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972天前
Uber, Motional Partner To Launch Public Robotaxi Service In Las Vegas
Ride-hailing service Uber, Inc. (UBER) and autonomous vehicle company Motional announced Wednesday the launch of their public robotaxi service in Las Vegas, NV. For the first time ever, Uber customers are able to hail an autonomous ride using Motional's all-electric Hyundai IONIQ 5-based robotaxis.
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972天前
Aeris To Acquire The IoT Business From Ericsson
Ericsson (ERIC) and Aeris Communications, a leading provider of Internet of Things (IoT) solutions, on Wednesday have signed an agreement for the transfer of Ericsson's IoT Accelerator and Connected Vehicle Cloud businesses.
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972天前
Juul Settles More Than 5,000 Lawsuits In US
Juul Labs, an e-cigarette maker, said it has reached settlements with more than 5,000 vaping lawsuits in the United States. The cases were related to personal injury, consumer class action, government entity, and Native American tribes. In a statement, the company said it cannot disclose the settlement amount at this time as part of the settlement and court process.
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972天前
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Reserve Bank Of India Slows Rate Hikes On Weaker Growth Outlook
India's central bank raised its benchmark interest rates for the fifth policy meeting in a row on Wednesday due to sticky core inflation, but geared down the pace of tightening given the softness in economic growth outlook. The Monetary Policy Committee of the Reserve Bank of India voted 5-1 to hike its key interest rate, the repo, by 35 basis points to 6.25 percent with immediate effect, Govern
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972天前
Indian Rupee Off Near 5-week Low Against U.S. Dollar After RBI Decision
The Indian rupee erased its early losses versus the U.S. dollar in the evening session on Wednesday, as India's central bank raised its benchmark interest rates for the fifth consecutive meeting and indicated that inflation remained elevated.
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972天前
Lowe's Authorizes New $15 Bln Share Repurchase; Affirms FY22 Outlook
Ahead of its 2022 Analyst and Investor Conference in New York City on Wednesday, home improvement company Lowe's Companies, Inc. (LOW) the board of directors has authorized a new $15 billion common stock repurchase program.
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972天前
Pound Declines In Cautious Trade
The pound fell against its most major counterparts in the European session on Wednesday, amid uncertainty about further monetary policy tightening by the U.S. Federal Reserve and the prospect of a slowdown in economic growth.
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972天前
Sensex, Nifty End Lower As RBI Raises Inflation Forecast For Q3, Q4
Indian shares ended modestly lower on Wednesday as the Reserve Bank of India (RBI) raised its benchmark interest rates for the fifth consecutive meeting.
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972天前
European Shares Mixed Amid Recession Worries
European shares traded mixed on Wednesday as weak trade data from China overshadowed investor optimism over easing of COVID curbs in the country.
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972天前
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