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Boeing Q4 Loss Sharply Narrows; Results Miss Estimates
Aerospace giant Boeing Co. (BA) on Wednesday reported fourth-quarter net loss attributable to Boeing shareholders of $634 million or $1.06 per share, sharply narrower than $4.14 billion or $7.02 per share in the year-ago quarter.
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Bay Street Seen Opening With Negative Bias; BoC Rate Decision In Focus
Canadian shares are likely to open with a negative bias on Wednesday, reacting to disappointing earnings updates from some top U.S. companies, and on concerns about a global economic recession.
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AT&T Slips To Loss On Charges, But Adj. EPS Tops View
Telecom giant AT&T, Inc. reported Wednesday a hefty loss for the fourth quarter compared to a profit last year, primarily hurt by impairments, abandonments and restructuring charges. Adjusted earnings per share topped analysts' expectations, while quarterly revenues missed it by a whisker. The company also issued weak earnings guidance for the full year 2023.
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TE Connectivity Guides Q2 Below Estimates - Quick Facts
While reporting financial results for the first quarter on Wednesday, industrial technology firm TE Connectivity Ltd. (TEL) provided earnings, adjusted earnings and sales outlook for the second quarter, below analysts' expectations.
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Thailand Central Bank Hikes Key Rate To 1.50%, Signals More Tightening
Bank of Thailand raised its interest rate by a quarter point at its January meeting on Wednesday, as expected, and policymakers signaled more hikes in future after they assessed that a tight monetary policy is still required to bring down inflation to the target range amid an on-going recovery in the economy that is driven by a rebound in the tourism sector on the return of Chinese tourists.
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Central Pacific Financial Q4 Profit Declines, But Tops Estimates
Central Pacific Financial Corp. (CPF) the parent company of Central Pacific Bank, on Wednesday reported that net income for the fourth quarter declined to $20.18 million or $0.74 per share from $22.33 million or $0.80 per share in the prior-year quarter.
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Sensex Slumps 774 Points; Nifty Ends Below 17,900
Indian shares tumbled on Wednesday due to selling pressure in Adani Group shares and financials.
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ASML Q4 Profit Up, Bookings Down; Sees Growth In FY23
Dutch semiconductor equipment maker ASML Holding N.V. reported Wednesday higher profit and sales in its fourth quarter, but weak margin and bookings. Further, the company issued first-quarter forecast, and said it expects higher sales and margin in fiscal 2023. Shares of ASML were losing around 1 percent in the morning trading in Amsterdam as well as in pre-market activity on Nasdaq.
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European Shares Struggle For Direction Amid Lingering Recession Worries
European stocks struggled for direction on Wednesday as investors awaited corporate earnings from several U.S. and European companies for directional cues.
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UK Factory Gate Inflation Eases For Fifth Month
UK output price inflation slowed for the fifth successive month in December, soothing fears of high inflation, and provided more justification to the Bank of England for softening its tightening policy stance. Output price inflation unexpectedly slowed to 14.7 percent from 16.2 percent a month ago, the Office for National Statistics reported Wednesday.
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Australian Dollar Jumps As Hot Inflation Data Raises Rate Hike Odds
The Australian dollar moved higher against its major counterparts during the Asian session on Wednesday, as the nation's inflation accelerated more than forecast in the fourth quarter, intensifying expectations that the Reserve Bank of Australia will raise the cash rate by 25 basis points in February.
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FTSE 100 Marginally Higher As Producer Inflation Falls More Than Expected
U.K. stocks were marginally higher on Wednesday after data showed producer price inflation in the county fell to its lowest rate in almost a year last month.
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Singapore Inflation At 7-Month Low On Weaker Transport Costs
Singapore consumer price inflation eased at the end of the year to the lowest level in seven months, largely due to a moderation in private transport costs, while core price growth remained steady, data published by the Monetary Authority of Singapore, or MAS, and the Ministry of Trade and Industry showed on Wednesday.
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Před 825 dny
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