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Swiss Market Ends Modestly Higher
The Switzerland market ended modestly higher on Friday after a somewhat choppy session, with investors largely making their moves, reacting to earnings updates. Data showing an improvement in Swiss consumer sentiment supported the market.
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vor 143 Tagen
European Stocks Close Broadly Higher
European stocks closed higher on Friday as worries about the outlook for U.S. economic growth eased a bit after upbeat jobless claims data. Optimism about interest rate cuts by the Federal Reserve, some positive economic data from the European region and a few encouraging earnings reports contributed as well to the fairly firm undertone in European markets.
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vor 143 Tagen
U.S. Dollar Declines Ahead Of Inflation Data
The U.S. dollar dropped against its major counterparts in the New York session on Friday, as investors await key inflation data due next week for more clues about the potential size of a rate cut in September.
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vor 143 Tagen
Canadian Stocks Turning In Mixed Performance; TSX Up Marginally
Canadian stocks are turning in a mixed performance on Friday with investors reacting to quarterly earnings updates and the nation's jobs data, in addition to re-assessing the global economic outlook.
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vor 143 Tagen
Delta Sees $380 Mln Revenue Hit From Microsoft-CrowdStrike Outage
Delta Air Lines, Inc. estimates the massive IT outage caused by Microsoft Corp. - CrowdStrike Holdings, Inc. and related impacts, including more than 7000 flight cancellations, would hurt the airline direct revenue of around $380 million. In a filing with the U.S. Securities And Exchange Commission, Ed Bastian, Delta's Chief Executive Officer, said that company is pursuing legal claims...
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vor 143 Tagen
Future Fintech Appoints Hu Li To Replace Shanchun Huang As CEO And President
Future Fintech Group Inc. (FTFT) announced Friday that its Board of Directors approved the appointment of Hu Li as Chief Executive Officer, President and a member of the Board of the Company, effective August 5, 2024.
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vor 143 Tagen
AlTi Global Slips To Loss In Q2
AlTi Global, Inc. (ALTI) reported Friday a net loss attributable to AlTi for the second quarter of $5.99 million or $0.18 per share, compared to net income of $42.74 million or $0.25 per share in the prior-year quarter.
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vor 143 Tagen
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Bay Street May Open Higher; Jobs Data In Focus
Higher crude oil and gold prices, and firm global stocks point to slightly positive start for the Canadian market Friday morning. The market is also likely to benefit from upbeat U.S. jobless claims data, and optimism about Fed interest rate cuts.
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vor 143 Tagen
Construction Partners Q3 Results Top Estimates; Boosts FY24 Outlook
Construction Partners, Inc. (ROAD) reported Friday that net income for the third quarter grew to $30.91 million or $0.59 per share from $25.68 million or $0.41 per share in the prior-year quarter.
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vor 143 Tagen
Perrigo Recalls Select CVS Health, H-E-B Baby Premium Infant Formula
Perrigo Co. plc is recalling select Premium Infant Formula with Iron Milk-Based Powder sold under CVS Health and H-E-B Baby brands at the retailer and warehouse level citing elevated Vitamin D levels than permitted, according to the U.S. Food and Drug Administration. The recall involves three lots within one batch, or 16,500 cans, of store brand Premium Infant Formula with Iron Milk-Based Powder.
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vor 143 Tagen
AirSculpt Technologies Slashes FY24 Revenue Outlook As Q2 Results Miss Estimates
AirSculpt Technologies, Inc. (AIRS) reported Friday a net loss for the second quarter of $3.21 million or $0.06 per share, compared to net income of $1.8 million or $0.03 per share in the prior-year quarter.
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vor 143 Tagen
Sensex, Nifty Rally As US Recession Worries Ease
Indian shares followed global peers higher on Friday after new data showed first-time claims for U.S. unemployment benefits pulled back by more than expected in the week ended August 3rd, helping ease concerns about the strength of the labor market.
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vor 143 Tagen
European Shares Gain As Economic Worries Ease
European stocks climbed on Friday after the number of Americans filing new applications for unemployment benefits fell more than expected last week, calming fears the U.S. economy is heading for a recession.
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vor 143 Tagen
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