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Neogen Slips To Loss In Q2, But Revenue Surge 76%

Neogen Corp. (NEOG) reported on Thursday a net loss for the second quarter of $41.84 million or $0.19 per share, compared to net income of $10.83 million or $0.10 per share in the prior-year quarter.
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German Exports Unexpectedly Fall In November

German Exports Unexpectedly Fall In November

Germany's exports unexpectedly declined in November on weak global demand, signaling that the economy is sliding into a mild recession. Exports decreased 0.3 percent on a monthly basis, reversing a 0.8 percent rise in October, Destatis reported Thursday. The fall was in contrast to the 0.2 percent rise expected by economists.
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UK Service Sector Moves Closer To Stabilization

UK Service Sector Moves Closer To Stabilization

The UK service sector moved closer to stabilization from the contraction zone in December despite challenging business environment and the cost of living crisis, a closely watched survey showed Thursday. The final S&P Global/Chartered Institute of Procurement and Supply services Purchasing Managers' Index improved to 49.9 from 48.8 in November. The flash reading was 50.0.
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Park Aerospace Q3 Profit Rises

Park Aerospace Q3 Profit Rises

Park Aerospace Corp. (PKE) reported on Wednesday that net earnings for the third quarter grew to $2.23 million or $0.11 per share from $1.74 million or $0.08 per share in the prior-year quarter.
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Eurozone Producer Price Inflation At 11-Month Low On Easing Energy Costs

Eurozone Producer Price Inflation At 11-Month Low On Easing Energy Costs

Eurozone producer price inflation eased for the third consecutive month in November, but remained high, as energy prices rose at a slower rate, offering some relief to the European Central Bank that is likely to continue raising interest rates in the first quarter.
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German Construction Activity Continues To Shrink

German Construction Activity Continues To Shrink

The downturn in Germany's construction sector continued in December as spiraling prices, rising interest rates and weak investment dampened activity, survey results from S&P Global showed on Thursday. The headline Construction Purchasing Managers' Index registered 41.7 in December, up from 41.5 in November. The reading is still firmly below the 50.0 threshold that separates growth from contract
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Sensex, Nifty End Lower For Second Day

Sensex, Nifty End Lower For Second Day

Indian shares fell for a second consecutive session on Thursday, though markets ended off their day's lows, helped by positive cues from global markets and gains in rupee alongside its Asian peers.
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Meta Gets €390 Mln Fine For Data Breaches

Meta Gets €390 Mln Fine For Data Breaches

Facebook and Instagram parent Meta Platforms has been fined 390 million euros or around $414 million by a major European regulator for breaking EU data rules over ads. The Irish Data Protection Commission or DPC fined Meta Ireland noting that its policy of using private user data to personalize ads on Facebook and Instagram violated new data protection laws.
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European Shares Slip After Three Days Of Gains

European Shares Slip After Three Days Of Gains

European stocks declined on Thursday, snapping a three-day winning streak as the Federal Reserve's Dec. 13-14 policy meeting minutes dashed hopes of a Fed pivot anytime soon.
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FTSE 100 Edges Higher On Earnings Boost

FTSE 100 Edges Higher On Earnings Boost

U.K. stocks eked out modest gains on Thursday after clothing retailer Next Plc raised its pre-tax profit forecast for the current year, defying gloom about weakening consumption and the U.K.'s cost-of-living crisis.
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Pound Weakens Amid Hawkish Fed Minutes

Pound Weakens Amid Hawkish Fed Minutes

The pound dropped against its major counterparts in early European deals on Thursday, as Fed minutes affirmed that further rate increases would be appropriate and dashed hopes for rate cuts in 2023.
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CAC 40 Retreats On Fed Rate Hike Worries

CAC 40 Retreats On Fed Rate Hike Worries

French stocks declined on Thursday after the minutes of last month's Fed meeting, released overnight, quelled hopes of rate-hike cycle ending anytime soon.
RTTNews | Před 844 dny

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