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United Natural Foods Boosts FY24 Bottom Line Outlook, But Backs Net Sales - Update
While reporting financial results for the third quarter on Wednesday, United Natural Foods, Inc. (UNFI) raised its adjusted bottom line results guidance for the full-year 2024, while maintaining annual net sales outlook.
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vor 156 Tagen
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the European session on Wednesday.
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vor 156 Tagen
Inditex Stock Up On Strong Q1 Results, Q2-to-date Sales Growth
Shares of Inditex SA were gaining around 5 percent in the morning trading in Spain after the Zara owner on Wednesday reported higher profit and sales in its first quarter, and proposed a dividend. The Spanish clothing firm also reported a growth of 12 percent in its store and online sales in constant currency between May 1 and June 3.
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vor 156 Tagen
Sensex, Nifty Rally Over 3% As NDA Looks To Form Govt
Indian markets rebounded sharply on Wednesday, after having suffered heavy losses in the previous session amid concerns that a smaller majority will see Prime Minister Modi face more difficulty in doling out reforms and infrastructure spending.
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vor 156 Tagen
Dollar Tree Reportedly Mulls Sale Of Family Dollar; Stock Up
Discount retail chain Dollar Tree, Inc. is exploring the sale of its unit Family Dollar Stores LLC, the Wall Street Journal reported citing people familiar with the matter. Following the news, Dollar Tree shares were gaining around 3 percent in pre-market activity on the Nasdaq. The company is working with financial advisers to conduct a strategic review of its Family Dollar business to explore...
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vor 156 Tagen
European Shares Gain As Eurozone Composite PMI Hits 12-month High
European stocks rose slightly on Wednesday as investors looked ahead to Thursday's ECB meeting and the release of U.S. labor market data on Friday for directional cues.
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vor 156 Tagen
Asian Shares Mixed In Cautious Trade
Asian stocks ended mixed on Wednesday, with Japanese markets leading regional losses as strong wage data spurred expectations of a 2024 Bank of Japan interest rate hike.
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vor 156 Tagen
more news
China Service Sector Posts Fastest Growth In 10 Months
China's service sector growth accelerated to a ten-month high in May on strong new business inflows, survey results from S&P Global revealed on Wednesday. The Caixin services Purchasing Managers' Index climbed to 54.0 in May from 52.5 in the previous month. The score signaled that the sector expanded for a seventeenth consecutive month and at the strongest pace since July 2023.
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vor 156 Tagen
European Shares Seen Opening Up Amid Softer US Yields
European stocks are likely to open higher on Wednesday after rates on U.S. government debt fell for the fourth straight session, driven by evidence of slowing economic activity that could prompt the Federal Reserve to cut interest rates later this year.
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vor 156 Tagen
European Economic News Preview: Eurozone Final Composite PMI Data Due
Final composite Purchasing Managers' survey results from the euro area and the UK are the top economic news due on Wednesday. At 2.45 am ET, France's statistical office INSEE is scheduled to issue industrial production data for April. Output is expected to grow 0.5 percent on month, in contrast to the 0.3 percent decrease in March.
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vor 156 Tagen
Sensex, Nifty Modestly Higher In Early Trade
Indian shares were modestly higher in early trade on Wednesday after suffering heavy losses in the previous session amid concerns that a smaller majority will see Prime Minister Modi face more difficulty in doling out reforms and infrastructure spending.
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vor 156 Tagen
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, amid easing of global yields and on optimism that data showing weakness in the US labor market will encourage the US Fed to lower interest rates in the coming months. Asian markets closed mixed on Tuesday.
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vor 156 Tagen
Japanese Market Significantly Lower
The Japanese stock market is significantly lower on Wednesday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling to near the 38,500 level, with losses across most sectors led by auto makers, financial and technology stocks.
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vor 156 Tagen
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