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Bay Street Seen Opening On Mixed Note

Bay Street Seen Opening On Mixed Note

Canadian shares are likely to turn in a mixed performance on Wednesday with investors reacting to quarterly earnings updates. Weak crude oil prices and subdued bullion market may weigh on energy and materials shares.
RTTNews | Před 194 dny
Sweden Central Bank Hints At Two More Rate Cuts This Year

Sweden Central Bank Hints At Two More Rate Cuts This Year

Sweden's central bank lowered its policy rate for the first time in eight years and signaled another two more rate reductions during the second half of the year as inflation approaches the target of around 2 percent amid the weak economic activity. The executive board of the Riksbank, led by Governor Erik Thedeen, decided to lower the policy rate by 25 basis points to 3.75 percent.
RTTNews | Před 194 dny
Griffon Boost FY24 Revenue Outlook - Update

Griffon Boost FY24 Revenue Outlook - Update

While reporting financial results for the second quarter on Wednesday, Griffon Corp. (GFF) raised its revenue expectation for the full-year 2024 to $2.65 billion from the prior guidance of $2.6 billion.
RTTNews | Před 194 dny
Siemens Energy Lifts FY24 View After Q2 Profit; Stock Up

Siemens Energy Lifts FY24 View After Q2 Profit; Stock Up

Shares of Siemens Energy AG were gaining more than 12 percent in German trading after the company on Wednesday raised its outlook for fiscal 2024 after reporting a profit in its second quarter, compared to last year's loss, amid positive market environment. Meanwhile, second-quarter orders were lower than last year, and the company maintained annual earnings forecast.
RTTNews | Před 194 dny
Uber Q1 Net Loss Sharply Widens

Uber Q1 Net Loss Sharply Widens

Ride-hailing and delivery platform Uber Technologies, Inc. (UBER) reported Wednesday a net loss attributable to Uber of $654 million or $0.32 per share for the first quarter, sharply wider than $157 million or $0.08 per share in the prior-year quarter.
RTTNews | Před 194 dny
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Emerson Electric Boosts FY24 Outlook; Declares Dividend - Update

Emerson Electric Boosts FY24 Outlook; Declares Dividend - Update

While reporting financial results for the second quarter on Wednesday, technology and software company Emerson Electric Co. (EMR) raised its adjusted earnings and net sales growth guidance for the full-year 2024. The company also provided outlook for the third quarter.
RTTNews | Před 194 dny
Sensex, Nifty End Choppy Session Little Changed

Sensex, Nifty End Choppy Session Little Changed

Indian shares ended a choppy session little changed on Wednesday as investors reacted to hawkish Fed comments and clung to hopes for a Middle East ceasefire deal.
RTTNews | Před 194 dny
CAC 40 Edges Higher On Fed Repricing

CAC 40 Edges Higher On Fed Repricing

French stocks advanced on Wednesday as investors continued to assess the prospects for interest- rate cuts following last week's weaker-than-expected U.S. jobs report. It seems that markets have shrugged off comments from Federal Reserve Bank of Minneapolis President Neel Kashkari, who said Tuesday that rates will likely stay high for an "extending period" and that he would support a hike if inflation stalls near 3 percent.
RTTNews | Před 194 dny
AstraZeneca To Withdraw Its Covid-19 Vaccine Vaxzevria Worldwide

AstraZeneca To Withdraw Its Covid-19 Vaccine Vaxzevria Worldwide

AstraZeneca, a major provider of Covid-19 vaccines across the world mainly during the initial pandemic period, has initiated a process to withdraw its Vaxzevria COVID-19 vaccine worldwide, citing weak demand and the surplus availability of new vaccines. Meanwhile, AstraZeneca reportedly had admitted recently in court documents that the vaccine could cause side-effects such as blood clots...
RTTNews | Před 194 dny

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