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Central Pacific Financial Q3 Profit Declines, But Tops Estimates

Central Pacific Financial Corp. (CPF) the parent company of Central Pacific Bank, on Friday reported that net income for the third quarter declined to $16.72 million or $0.61 per share from $20.82 million or $0.74 per share in the prior-year quarter.
RTTNews | Před 822 dny
American Express Q3 Profit Up 3%, Tops Estimates

American Express Q3 Profit Up 3%, Tops Estimates

Integrated payments company American Express reported on Friday the net profit for the third quarter grew three percent from last year, driven by double-digit revenue growth across all its operating segments, partially offset by higher provisions for credit losses. Earnings per share topped analysts' estimates, while quarterly revenues missed it by a whisker.
RTTNews | Před 822 dny
U.S. Dollar Appreciates On Fed Tightening Bets

U.S. Dollar Appreciates On Fed Tightening Bets

The U.S. dollar was higher in the European session on Friday, as expectations of steep interest rate hikes by the U.S. Federal Reserve lifted treasury yields.
RTTNews | Před 822 dny
FTSE 100 Declines As Political Turmoil Continues

FTSE 100 Declines As Political Turmoil Continues

U.K. stocks were moving lower on Friday and the sterling fell amid the ongoing political turmoil following the resignation of Prime Minister Liz Truss after just 45 days in office.
RTTNews | Před 822 dny
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CAC 40 Slips On Recession Worries

CAC 40 Slips On Recession Worries

French stocks fell sharply on Friday as concerns over inflation and recession overshadowed a slew of positive earnings updates.
RTTNews | Před 822 dny
DAX Tumbles On Inflation, Growth Worries

DAX Tumbles On Inflation, Growth Worries

German stocks fell sharply on Friday and bond yields extended their climb, as worries about inflation and interest-rate rises gripped markets.
RTTNews | Před 822 dny
Asian Shares Mostly Lower On Recession Fears

Asian Shares Mostly Lower On Recession Fears

Asian stocks ended broadly lower on Friday and the dollar rose with Treasury yields as hawkish signals from Federal Reserve officials ramped up fears of a U.S. recession.
RTTNews | Před 822 dny
UK Budget Logs Second Biggest September Deficit

UK Budget Logs Second Biggest September Deficit

The UK budget deficit reached its second highest September level since the monthly records began in 1993, the Office for National Statistics said Friday. Excluding public sector banks, public sector net borrowing was GBP 20.0 billion in September, which was GBP 2.2 billion more than in September 2021. The current borrowing was GBP 5.2 billion more than the OBR forecast.
RTTNews | Před 822 dny
UK Retail Sales Fall More Than Expected

UK Retail Sales Fall More Than Expected

The decline in UK retail sales deepened unexpectedly in September as the rising cost of living weighed on the volume of spending, and also the holiday on account of the state funeral reduced sales. Retail sales dropped 1.4 percent month-on-month, following a revised 1.7 percent decline in August, the Office for National Statistics reported Friday.
RTTNews | Před 822 dny

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