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Disney Q4 Profit Beats Street, Revenues Miss; Sees Adj. EPS Growth, Plans $7 Bln Buyback; Stock Down
Shares of Walt Disney Co. were losing around 4 percent in the pre-market activity on Thursday after the media and entertainment major reported nearly flat revenues in its fourth quarter below market estimates, even though profit beat the Street. Further, the firm said it expects double digit year-over-year growth in adjusted earnings per share for fiscal 2026 and 2027, and targets doubling share
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2天前
FTSE 100 Moderately Lower At Noon As Investors React To Earnings, GDP Data
U.K.'s benchmark FTSE 100 is down in negative territory around noon on Thursday with investors digesting a slew of earnings updates, and data showing a marginal increase in the nation's economic growth in the third quarter.
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2天前
UK Economy Logs Marginal Growth
The UK economy logged only a marginal growth in third quarter as the cyber attack on Jaguar Land Rover hit production, official data revealed on Thursday. Gross domestic product grew 0.1 percent sequentially, following the prior quarter's 0.3 percent expansion, the Office for National Statistics reported Thursday. Output was expected to advance 0.2 percent.
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2天前
CAC 40 Rises 0.5%; Bank, Luxury Stocks Shine
France's CAC 40 rose to a record high Thursday morning as stocks climbed higher, reacting to U.S. President Donald Trump signing a bill to end the longest government shutdown in history. Expectations of an interest rate cut by the Federal Reserve next month contribute as well to market's positive move.
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2天前
DAX Retreats After Positive Start, Down Nearly 0.5%
German stocks are swinging between gains and losses in cautious trade on Thursday with investors digesting the news about U.S. President Donald Trump signing the short-term funding bill that brings an end to the government shutdown, and looking ahead to some key U.S. economic data.
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2天前
Eurozone Industrial Production Rises Less Than Forecast
Eurozone industrial production recovered at a moderate pace in September largely driven by the rebound in energy output, official data showed on Thursday. Industrial production grew at a slower-than-expected pace of 0.2 percent in September from August, Eurostat revealed. Output was forecast to grow 0.7 percent, reversing a 1.1 percent fall in August.
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2天前
Sensex, Nifty Fail To Hold Early Gains, Settle Roughly Flat
Despite a fairly strong spell in positive territory that lasted close to four hours, Indian equity benchmark Sensex and the Nifty50 settled just marginally up on Thursday as several stocks pared early gains due to a sell-off in the final hour of the day's trading session.
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2天前
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Asian Markets Close Mostly Higher
Broadly positive sentiment prevailed in Asian markets tracking the positive sentiment created by the end of the longest-ever U.S. government shutdown.
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2天前
Euro Rises Amid Risk-On Mood
The euro strengthened against other major currencies in the pre-European session on Thursday as European shares traded higher, amid positive sentiment generated by the conclusion of the longest federal closure in U.S. history. An improved global risk sentiment and updates to earnings are seen swaying sentiment even as concerns about tech valuation lingered.
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2天前
Euro Rises Against Majors
The euro strengthened against other major currencies in the pre-European session on Thursday.
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2天前
Australian Dollar Rises After Upbeat Jobs Data
The Australian dollar strengthened against other major currencies in the Asian session on Thursday, following the release of Australia's upbeat employment data in October.
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2天前
European Markets Seen Gaining On Thursday
Stock markets in Europe are expected to open higher on Thursday amidst positive sentiment generated by the conclusion of the longest federal closure in U.S. history.
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2天前
Sensex, Nifty Climb Higher On Earnings, Positive Global Cues
After a positive start and a subsequent retreat, BSE benchmark Sensex and the National Stock Exchange's Nifty50 moved higher Thursday morning, with investors picking up stocks, reacting to some encouraging earnings announcements.
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2天前
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