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Canadian Market Up Firmly In Positive Territory After BoC Policy Announcement
The Canadian market is up firmly in positive territory a little past noon on Wednesday, with investors digesting the Canadian central bank's policy announcement and continuing to react to quarterly earnings updates and economic data.
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541天前
U.S. Wholesale Inventories Dip More Than Expected In January
Wholesale inventories in the U.S. fell by more than expected in the month of January, according to a report released by the Commerce Department on Wednesday. The report said wholesale inventories dipped by 0.3 percent in January after climbing by 0.4 percent in December. Economists had expected wholesale inventories to edge down by 0.1 percent.
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541天前
U.S. Job Openings Edge Slightly Lower In January
The Labor Department released a report on Wednesday showing job openings in the U.S. edged slightly lower in the month of January. The report said job openings slipped to 8.863 million in January from a downwardly revised 8.889 million in December. Economists had expected job openings to dip to 8.900 million from the 9.026 million originally reported for the previous month.
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541天前
Bank Of Canada Leaves Rates Unchanged Amid Ongoing Inflation Concerns
In a widely expected move, the Bank of Canada on Wednesday announced that it has once again decided to leave interest rates unchanged. The decision to leave rates unchanged came as the Bank of Canada said its Governing Council is still concerned about risks to the outlook for inflation, particularly the persistence in underlying inflation.
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541天前
U.S. Private Sector Job Growth Comes In Slightly Below Estimates In February
A report released by payroll processor ADP on Wednesday showed private sector employment in the U.S. increased by slightly less than expected in the month of February. ADP said private sector employment rose by 140,000 jobs in February after climbing by an upwardly revised 111,000 jobs in January.
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541天前
O-I Glass CEO Andres Lopez To Retire
O-I Glass, Inc. (O-I) announced Wednesday that Andres Lopez will retire as Chief Executive Officer, effective May 15, 2024, following a nearly 40-year career with the Company.
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541天前
J&J Seeks EMA Approval For DARZALEX Quadruplet Therapy For Multiple Myeloma
Janssen-Cilag International NV, a Johnson & Johnson company (JNJ), announced Wednesday the submission of a Type II variation application to the European Medicines Agency (EMA).
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541天前
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Powell Says Rate Cuts Likely This Year But Still Needs 'Greater Confidence' Inflation Is Slowing
Federal Reserve Chair Jerome Powell will tell members of Congress on Wednesday that it will likely be appropriate for the central bank to begin lowering interest rates at "some point this year" but reiterated officials need "greater confidence" inflation is moving sustainably toward 2 percent.
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541天前
U.S. Private Sector Employment Rises Slightly Less Than Expected In February
A report released by payroll processor ADP on Wednesday showed private sector employment in the U.S. increased by slightly less than expected in the month of February.
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541天前
U.S. Dollar Little Changed After ADP Data
ADP private payrolls data for February has been released at 8:15 am ET Wednesday. After the data, the greenback changed little against its major counterparts.
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541天前
Abercrombie & Fitch Guides FY24 Net Sales Growth Above Estimates - Update
While reporting financial results for the fourth quarter on Wednesday, specialty retailer Abercrombie & Fitch Co. (ANF) initiated net sales growth guidance for the first quarter and for the full-year 2024.
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541天前
German Trade Surplus Rises On Robust Rebound In Exports
Germany's trade surplus increased at the start of the year as exports rebounded more than expected, providing a glimpse of hope to an otherwise weak economy. Exports posted a monthly growth of 6.3 percent in January after falling 4.5 percent in the previous month, data released by Destatis showed on Wednesday. This was also far better than economists' forecast of a 1.5 percent increase.
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541天前
Campbell Soup Reaffirms FY24 Outlook - Update
While reporting financial results for the second quarter on Wednesday, Campbell Soup Co. (CPB) reaffirmed its adjusted earnings and net sales guidance for the full-year 2024, to reflect sequential volume and margin improvement for its key brands and categories.
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541天前
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