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Eurozone Manufacturing Activity Continues To Shrink
Euro area factory activity continued to contract in February despite production ending an eight-month sequence of decline amid the easing supplier bottlenecks and improved raw material availability, final survey data from S&P Global showed Wednesday. The manufacturing Purchasing Managers' Index, or PMI, fell to 48.5 in February from 48.8 in January.
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vor 725 Tagen
Abercrombie & Fitch, Dollar Tree Q4 Profit Down, While Kohl's Slips To Loss
U.S. retailers Abercrombie & Fitch Co. (ANF), Dollar Tree Inc. (DLTR) and Kohl's Corp. (KSS) on Wednesday reported results for the fourth quarter, with profit at Abercrombie & Fitch declining, and profit at Dollar Tree edging down from last year, while Kohl's slipped to a loss.
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vor 725 Tagen
Bank Of England Chief Bailey Signals Further Rate Hikes
Bank of England Governor Andrew Bailey said further increase in the interest rate might be required to achieve the UK inflation target on a sustainable basis. At Brunswick Group's Cost of Living Conference in London, Bailey said, "Some further increase in Bank Rate may turn out to be appropriate, but nothing is decided."
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vor 725 Tagen
UK Manufacturing Signals Resilience Amid Easing Supply Bottlenecks, Inflationary Pressures
The British manufacturing sector indicated a resilient performance at the middle of the first quarter as the activity neared stabilization, led by a renewed rise in output on the back of sustained client demand and improved supply chains along with easing inflationary pressures, the final results of the purchasing managers' survey by S&P Global showed Tuesday.
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vor 725 Tagen
Federal Signal Guides FY23 Revenues Above View; Q4 Results Top Estimates
While reporting financial results for the fourth quarter on Wednesday, Federal Signal Corp. (FSS) initiated its adjusted earnings and net sales guidance for the full year 2023.
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vor 725 Tagen
Bay Street Looks Headed For Positive Start
Canadian shares look headed for a positive start on Wednesday, tracking gains in Asian and European markets, and firm bullion prices.
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vor 725 Tagen
Dollar Tree Guides Q1, FY23 Earnings Well Below Estimates - Update
While reporting financial results for the fourth quarter on Wednesday, Dollar Tree, Inc. (DLTR) initiated earnings, sales and same-store sales guidance for the first quarter and for the full-year 2023.
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vor 725 Tagen
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Wendy's Co. Guides FY22 Adj. EPS In Line; Q4 Results Top Estimates
While reporting financial results for the fourth quarter on Wednesday, The Wendy's Co. (WEN) initiated its adjusted earnings and global systemwide sales growth guidance for the full-year 2023. The company also initiated long term systemwide sales growthoutlook in the mid-single digits for 2024-25.
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vor 725 Tagen
Donaldson Boosts FY23 Outlook As Q2 Adj. EPS Tops Estimates
While reporting financial results for the second quarter on Wednesday, Donaldson Co. Inc. (DCI) raised its earnings, adjusted earnings and sales growth guidance for the full-year 2023.
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vor 725 Tagen
Lowe's Guides FY23 Earnings In Line With Estimates - Update
While reporting financial results for the fourth quarter on Wednesday, home improvement retailer Lowe's Cos., Inc. (LOW) initiated its earnings, total sales and comparable sales guidance for the full-year 2023.
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vor 725 Tagen
German Unemployment Remains Stable Despite Challenging Conditions
Germany's jobless rate remained stable in February underscoring the strength of the labor market despite strong signs of recession, official data showed Wednesday. The unemployment rate held steady at 5.5 percent in February, the Federal Labor Agency reported. The rate also came in line with expectations.
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vor 725 Tagen
Equinor To Acquire Equity Interest In Five Discoveries For Undisclosed Terms
Equinor ASA (EQNR), a Norwegian petroleum company, announced Wednesday it has signed an agreement to acquire equity interest in five discoveries in the Troll, Fram and Kvitebjorn area in the North Sea on the Norwegian continental shelf (NCS) from Wellesley Petroleum AS.
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vor 725 Tagen
Sensex, Nifty Snap 8-day Losing Streak On Strong China Data
Indian shares ended notably higher on Wednesday after eight consecutive sessions of losses.
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vor 725 Tagen
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