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U.S. GDP Unexpectedly Decreases 0.9% In Second Quarter
U.S. economic activity unexpectedly saw a continued contraction in the second quarter of 2022, according to a report released by the Commerce Department on Thursday.
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1050天前
PG&E Corp. Again Reaffirms FY22 Adj. EPS Outlook - Update
While reporting financial results for the second quarter on Thursday, utility PG&E Corp. (PCG) slashed its earnings guidance for the full-year 2022, while again reaffirming core earnings outlook.
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1050天前
Dollar Drops After U.S. GDP Data
U.S. weekly jobless claims for the week ended July 23 and advance GDP data for the second quarter have been released at 8:30 am ET Thursday. The greenback fell against its major rivals after the data.
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1050天前
Bay Street Seen Opening On Slightly Volatile Note
Lower U.S. and Canadian stock futures, and rising commodity prices point to a slightly volatile start for the Canadian market on Thursday.
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1050天前
Dollar Mixed Ahead Of U.S. GDP Data
U.S. weekly jobless claims for the week ended July 23 and advance GDP data for the second quarter will be out at 8:30 am ET Thursday. Ahead of the data, the greenback traded mixed against its major rivals. While it held steady against the yen, it rose against the rest of major rivals.
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1050天前
American Tower Trims FY22 Property Revenue Outlook - Update
While reporting its financial results for the second quarter on Thursday, American Tower (AMT) trimmed its property revenue for the full-year 2022.
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1050天前
Macerich Sees Wider FY22 Loss - Update
While reporting financial results for the second quarter on Thursday, REIT Macerich Co. (MAC) said it now sees a wider loss for the full year 2022. However, the company slightly raised its Funds from Operations (FFO) forecast.
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1050天前
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Baxter International Again Slashes FY22 Outlook - Update
While reporting financial results for the second quarter on Thursday, health care company Baxter International Inc. (BAX) again lowered its earnings, adjusted earnings and sales growth for the full-year 2022. The company also provided outlook for the third quarter.
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1050天前
Reliance Steel Q2 Results Top Estimates; Guides Q3 Adj EPS Below View
While reporting financial results for the second quarter on Thursday, metals service center company Reliance Steel & Aluminum Co. (RS) said it expects adjusted earnings for the third quarter in a range of $6.00 to $6.20 per share, as the company expects its average selling price per ton sold for quarter to be up 5 to 7 percent.
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1050天前
Hershey Raises FY22 Outlook; Boosts Dividend 15% - Update
While reporting financial results for the second quarter on Thursday, Hershey Co. (HSY) raised its adjusted earnings and net sales growth guidance for the full-year 2022, reflecting the strength of its performance in the first-half and expectations for the second half of the year.
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1050天前
Northrop Grumman Q2 Results Miss Estimates; Affirms FY22 Outlook
While reporting financial results for the second quarter on Thursday, Northrop Grumman Corp. (NOC) affirmed its adjusted earnings and sales guidance for the full year 2022 as the tight labor market that has impacted growth in the first half has begun to ease in the second half of the year.
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1050天前
Sensex, Nifty Jump Around 2% As Fed Worries Ebb
Indian shares rallied on Thursday after the U.S. Federal Reserve announced a 75-bps rate hike, as widely expected, and indicated that it may be appropriate to slow the pace of increases going forward amid concerns over a possible recession.
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1050天前
Eurozone Economic Confidence At 17-Month Low
Eurozone economic confidence reached its lowest level in nearly one-and-a-half years in July, survey results from the European Commission showed on Thursday. The economic confidence index slid more-than-expected to 99.0 in July from 103.5 in the previous month. The reading was forecast to ease to 102.0. The decline in July reflects substantial losses in industry, services and consumer confidenc
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1050天前
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