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U.S. Jobless Claims Edge Down Less Than Expected To 229,000

The Labor Department released a report on Thursday showing a modest decrease in first-time claims for U.S. unemployment benefits in the week ended June 11th. The report showed initial jobless claims edged down to 229,000, a decrease of 3,000 from the previous week's revised level of 232,000.
RTTNews | Před 902 dny
Duke Energy Progress Says Customers Will See Bills Increase If NCUC Approves

Duke Energy Progress Says Customers Will See Bills Increase If NCUC Approves

Duke Energy Progress, a subsidiary of Duke Energy Corp. (DUK), said Thursday that it has made its annual filings with the North Carolina Utilities Commission (NCUC) this week for costs associated with fuel and various riders, including state programs to encourage renewable energy adoption, and energy efficiency and demand management programs to reduce energy use.
RTTNews | Před 902 dny
22nd Century Group Names Hugh Kinsman As CFO

22nd Century Group Names Hugh Kinsman As CFO

Agricultural biotechnology firm 22nd Century Group Inc. (XXII) announced Thursday the appointment of Hugh Kinsman as Chief Financial Officer. Kinsman is currently CFO of GVB Biopharma, which 22nd Century acquired effective May 13, 2022.
RTTNews | Před 902 dny
Pound Weakens After BoE Decision

Pound Weakens After BoE Decision

The pound slipped against its most major counterparts in the European session on Thursday, after the Bank of England raised its key interest rate by 25 basis points, as expected.
RTTNews | Před 902 dny
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Kroger Boosts FY22 Outlook - Update

Kroger Boosts FY22 Outlook - Update

While reporting financial results for the third quarter on Thursday, supermarket chain Kroger Co. (KR) raised its adjusted earnings and identical sales outlook for the full-year 2022.
RTTNews | Před 902 dny
Canadian Market Likely To Open On Negative Note On Recession Fears

Canadian Market Likely To Open On Negative Note On Recession Fears

Sharply lower Canadian and U.S. futures point to a weak opening on Bay Street on Thursday. Fears of a possible recession due to aggressive monetary tightening by global central banks triggered a sell-off in European markets and the trend is unlikely to be any different in the Canadian market this morning.
RTTNews | Před 902 dny
IAG's Airline Vueling Partners BitPay To Offer Crypto Payment Option

IAG's Airline Vueling Partners BitPay To Offer Crypto Payment Option

Spanish airline Vueling, a part of IAG, has partnered Bitcoin payment processor BitPay to allow the airline's customers to make payments through this digital means of exchange. Vueling will become the first low-cost airline in Europe to accept cryptocurrencies as a payment method.
RTTNews | Před 902 dny
Jabil Again Boosts FY22 Outlook - Update

Jabil Again Boosts FY22 Outlook - Update

While reporting preliminary, unaudited financial results for the third quarter on Thursday, Jabil Inc. (JBL) raised its core earnings and revenue guidance for the full-year 2022, based on solid demand in key areas of its business. The company also provided financial outlook for the fourth quarter.
RTTNews | Před 902 dny
Pound Drops After BoE Decision

Pound Drops After BoE Decision

The Bank of England hiked its key rate by 25 basis points to 1.25 percent from 1 percent, as expected. Following the decision, the pound fell against its major counterparts.
RTTNews | Před 902 dny
Commercial Metals Q3 Results Top Estimates

Commercial Metals Q3 Results Top Estimates

Commercial Metals Co. (CMC) on Thursday reported that net earnings for the third quarter soared to $312.43 million or $2.54 per share from $130.41 million or $1.07 per share in the prior-year quarter.
RTTNews | Před 902 dny

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