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Japanese Yen Higher On Fed Rate Hike Concerns
The Japanese yen climbed against its major counterparts during the European session on Wednesday, as hawkish comments from Fed Chair Jerome Powell stoked concerns about the possibility of a larger rate hike by the central bank later in the month.
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Bank Of Canada Leaves Interest Rates Unchanged As Forecast
After signaling in January that it was done raising interest rates, the Bank of Canada followed through on Wednesday and left rates unchanged. The Bank of Canada said its Governing Council decided to maintain the policy rate at 4.5 percent, noting global economic developments have evolved broadly in line with the January outlook.
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U.S. Trade Deficit Widens Less Than Expected To $68.3 Billion In January
The U.S. trade deficit saw a modest increase in the month of January, according to a report released by the Commerce Department on Wednesday. The Commerce Department said the trade deficit widened to $68.3 billion in January from a revised $67.2 billion in December.
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ABM Industries Q1 Adj. EPS Tops Estimates, But Revenues Miss; Backs FY23 Outlook
Facility management company ABM Industries, Inc. (ABM) reported on Wednesday first-quarter net income of $38.5 million or $0.58 per share, sharply lower than $76.0 million or $1.01 per share in the prior-year quarter.
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U.S. Private Sector Employment Jumps In February, Wage Growth Slows
A report released by payroll processor ADP on Wednesday showed private sector employment in the U.S. increased by more than expected in the month of February. ADP said private sector employment jumped by 242,000 jobs in February after climbing by an upwardly revised 119,000 jobs in January.
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Elon Musk Says Twitter Improving, May Be Cash Flow Positive In Q2
Elon Musk said Twitter is improving its financials, and may break even on a cash-flow basis in the second quarter or even go positive. According to him, the significant cost cut efforts are helping the company to recover. While speaking at a Morgan Stanley conference in San Francisco, the billionaire owner of the social media platform said the company has been working on making its advertising...
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Canadian Market Likely To Open On Cautious Note; BoC Rate Decision In Focus
Canadian shares are likely to open lower on Wednesday, tracking weak commodity prices. The Bank of Canada's interest rate decision, and quarterly earnings updates are likely to set the trend for the market.
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more news
U.S. Trade Deficit Widens Less Than Expected In January
The U.S. trade deficit saw a modest increase in the month of January, according to a report released by the Commerce Department on Wednesday. The Commerce Department said the trade deficit widened to $68.3 billion in January from a revised $67.2 billion in December.
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Před 719 dny
U.S. Private Sector Employment Jumps More Than Expected In February
A report released by payroll processor ADP on Wednesday showed private sector employment in the U.S. increased by more than expected in the month of February. ADP said private sector employment jumped by 242,000 jobs in February after climbing by an upwardly revised 119,000 jobs in January.
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Před 719 dny
Dollar Rises Following ADP Data
U.S. ADP private payrolls data for February has been released at 8:15 am ET Wednesday. The greenback climbed against its major counterparts after the data.
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Southwest Gas Prices Of 3.58 Mln Share Underwritten Public Offering At $60.12/share
Southwest Gas Holdings, Inc. (SWX) announced Wednesday that it has priced an underwritten public offering of 3.58 million shares of its common stock at a public offering price of $60.12 per share, for net proceeds, after the underwriting discount and before the estimated expenses of the offering payable by the Company, of approximately $207.7 million.
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Dollar Mixed Ahead Of ADP Data
U.S. ADP private payrolls data for February is scheduled for release at 8:15 am ET Wednesday. Ahead of the data, the greenback traded mixed against its major counterparts. While the currency held steady against the franc, it fell against the rest of major counterparts.
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Campbell Soup Boosts FY23 Outlook As Q2 Results Top Estimates
Campbell Soup Co. (CPB) reported on Wednesday a profit for the second quarter that grew nine percent from last year, driven by 12 percent net sales growth amid favorable net price realization. Adjusted earnings per share and quarterly net sales topped analysts' estimates. The company also raised its financial guidance for the full-year 2023.
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Před 719 dny
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