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U.S. Private Sector Adds 122,000 Jobs In July, Wage Growth Slows

Private sector employment in the U.S. increased by less than expected in the month of July, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment climbed by 122,000 jobs in July after jumping by an upwardly revised 155,000 jobs in June.
RTTNews | vor 88 Tagen
Boeing Q2 Loss Sharply Widens, Misses Estimates

Boeing Q2 Loss Sharply Widens, Misses Estimates

Boeing reported on Wednesday a net loss for the second quarter that sharply widened from last year, reflecting a 15 percent revenue decline amid lower commercial delivery volumes, and losses on fixed-price defense development programs. Core loss per share came in well below analysts' expectations and quarterly revenues also missed it.
RTTNews | vor 88 Tagen
German Unemployment Rises More Than Forecast

German Unemployment Rises More Than Forecast

Germany's unemployment increased more than expected in July as the weaker economy damped job creation at the onset of summer break. The number of people out of work increased 18,000 from June, when joblessness climbed sharply by 20,000, data from the Federal Labor Agency showed on Wednesday. The July's increase was bigger than forecast of 15,000.
RTTNews | vor 88 Tagen
Bay Street Likely To Open Higher; Fed Policy Eyed

Bay Street Likely To Open Higher; Fed Policy Eyed

Canadian shares look in headed for a positive start Wednesday morning, tracking higher oil and bullion prices, and firm European stocks. Investors now await the Federal Reserve's monetary policy announcement due later in the day, for clues about an interest rate cut in September.
RTTNews | vor 88 Tagen
Waters Slashes FY24 Outlook - Update

Waters Slashes FY24 Outlook - Update

While reporting financial results for the second quarter on Wednesday, specialty measurement company Waters Corp. (WAT) slashes its adjusted earnings and sales growth outlook for the full-year 2024 and provided guidance for the third quarter, which was below analysts' estimates.
RTTNews | vor 88 Tagen
Automatic Data Processing Initiates FY25 Outlook - Update

Automatic Data Processing Initiates FY25 Outlook - Update

While reporting financial results for the fourth quarter on Wednesday, technology company Automatic Data Processing Inc. (ADP) initiated its earnings, adjusted earnings and revenue growth guidance for the full-year 2025.
RTTNews | vor 88 Tagen
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Kraft Heinz Reaffirms FY24 Adj. EPS Outlook - Update

Kraft Heinz Reaffirms FY24 Adj. EPS Outlook - Update

While reporting financial results for the second quarter on Wednesday, Kraft Heinz Co. (KHC) reaffirmed its adjusted earnings and organic net sales growth guidance for the full-year 2024.
RTTNews | vor 88 Tagen
BorgWarner Boosts FY24 Earnings, Trims Sales Outlook - Update

BorgWarner Boosts FY24 Earnings, Trims Sales Outlook - Update

While reporting financial results for the second quarter on Tuesday, technology solutions provider BorgWarner Inc. (BWA) raised its earnings and adjusted earnings for the full-year 2024, while trimming annual net sales outlook.
RTTNews | vor 88 Tagen
HSBC Stock Up On Q2 Pre-tax Profit Growth, Outlook Lift, $3 Bln Buyback

HSBC Stock Up On Q2 Pre-tax Profit Growth, Outlook Lift, $3 Bln Buyback

Shares of HSBC Holdings Plc were gaining more than 4 percent on the London Stock Exchange as well as in pre-market activity on the NYSE after the British lending major on Wednesday reported higher pre-tax profit, despite weak revenues. The company also lifted fiscal 2024 banking net interest income outlook, and also said it intends to initiate a share buy-back of up to $3 billion...
RTTNews | vor 88 Tagen
European Shares Rally As Earnings Bring Cheer

European Shares Rally As Earnings Bring Cheer

European stocks advanced on Wednesday, with China stimulus hopes and encouraging earnings boosting investor sentiment ahead of the Federal Reserve's interest-rate decision later in the day.
RTTNews | vor 88 Tagen
FTSE 100 Rallies On Earnings

FTSE 100 Rallies On Earnings

U.K. stocks traded sharply higher on Wednesday, with China stimulus hopes and a slew of encouraging earnings boosting sentiment.
RTTNews | vor 88 Tagen

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