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AmerisourceBergen Boosts FY22 Outlook; Declares Dividend - Update
While reporting financial results for the third quarter on Wednesday, AmerisourceBergen Corp. (ABC) raised its adjusted earnings guidance for the full-year 2022, driven by stronger than expected performance of several of its businesses and a lower average diluted share count.
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Sensex, Nifty Extend Gains For Sixth Day
Indian shares reversed early losses to end modestly higher on Wednesday, extending gains for the sixth day running.
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European Shares Inch Higher In Cautious Trade
European stocks were broadly higher on Wednesday despite concerns about escalating conflict between China and the United States over U.S. House Speaker Nancy Pelosi's trip to Taiwan.
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FTSE 100 Little Changed In Cautious Trade
U.K. stocks traded flat on Wednesday after a survey showed that U.K. service sector activity growth eased to its slowest in the past seventeen months during July.
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CAC 40 Edges Higher On Earnings
French stocks were moving higher on Wednesday after a survey showed activity in the country's service sector slowed less than first forecast in July.
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DAX Little Changed In Lackluster Trade
German stocks were little changed on Wednesday as U.S.-China tensions over House Speaker Nancy Pelosi's visit to Taiwan weighed, earnings proved to be a mixed bag and a survey showed Germany's service sector contracted in July.
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Germany Exports Growth Exceeds Expectations
Germany's exports growth accelerated more than expected in June, while imports increased at a weaker pace, official data showed on Wednesday. Exports climbed 4.5 percent in June from the previous month, Destatis reported. The increase in shipments exceeded economists' forecast of 1.0 percent and also May's revised 1.3 percent growth.
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more news
Asian Shares Mixed After Pelosi's Taiwan Visit
Asian stocks turned in a mixed performance on Wednesday after a private survey showed China's services sector grew at a faster clip in July from the previous month as a result of easing COVID-19 curbs.
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China Service Sector Growth Accelerates In July
China's service sector growth gained momentum in July driven by a recovery in operating conditions and client demand following the easing of the pandemic related restrictions, data released by S&P Global showed on Wednesday. The Caixin services Purchasing Managers' Index rose to 55.5 in July from 54.5 in June. A score above 50.0 indicates expansion in the sector.
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European Shares Set For Cautious Start Amid Rising US-China Tensions
European stocks are seen opening a tad lower on Wednesday as investors weigh improved China data against rising geopolitical tensions.
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European Economics Preview: Eurozone Retail Sales, Final PMI Data Due
Retail sales and final composite Purchasing Managers' survey results from euro area are due on Wednesday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's foreign trade figures for June. Economists forecast exports to grow 1.0 percent on month and imports to climb 1.3 percent in June.
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Sensex, Nifty Struggle For Direction In Early Trade
Indian shares struggled for direction in early trade on Wednesday, as investors reacted to hawkish comments from Fed officials and ongoing tensions between the U.S. and China.
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Asian Markets Mostly Higher
Asian stock markets are trading mostly higher on Wednesday, despite the broadly negative cues from the global markets overnight, as traders digested the latest batch of earnings updates and economic data, even as rising geopolitical tensions between the U.S. and China, and concerns that the economy is slowing weighed on the market. Asian Markets closed mostly lower on Tuesday.
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vor 875 Tagen
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