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Actualités Forex
Dollar Loses Some Ground Against Major Counterparts
The U.S. dollar traded weak against most of its major counterparts on Tuesday amid rising bets the Federal Reserve will slow the pace of interest rate hikes in the coming months.
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Swiss Market Ends Flat
After an extremely choppy session, the Switzerland stock market ended flat on Tuesday with investors looking for direction and largely refraining from making significant moves.
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European Stocks Close On Mixed Note After Choppy Ride
European stocks closed on a mixed note on Tuesday with investors staying largely cautious, assessing the outlook for economic and earnings growth.
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Canadian Market Down Marginally In Cautious Trade
The Canadian market is down marginally a little past noon on Tuesday after recovering from lower levels. The mood is cautious and investors are largely refraining from making significant moves as they await the Bank of Canada's interest rate decision, due on Wednesday.
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UK Orders Book Balance Falls, Cost Pressures Ease: CBI
UK manufacturing output and orders remained stable in the three months to January, while average unit costs grew at the slowest pace since April 2021, the latest monthly Industrial Trends Survey from the Confederation of British Industry and Accenture showed on Tuesday.
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German Private Sector Downturn Eases On Cooling Inflation, Lower Recession Fears
Germany's private sector downturn softened to a stable footing at the start of the year amid a moderation in price pressures along with a renewed positive outlook on reducing recession risks and ongoing strength in the job market, flash survey data from S&P Global showed on Tuesday.
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Dollar Tree Names Rick Dreiling To Addl. Role Of CEO; Mike Witynski Steps Down
Dollar Tree, Inc. (DLTR) announced on Tuesday that Mike Witynski, who has been in leadership positions at Dollar Tree since 2010 and served as CEO since 2020, is stepping down from the Board and leaving the Company.
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more news
Eurozone Private Sector Expands For First Time In 7 Months
Eurozone private sector returned to growth at the start of the year after six consecutive months of contraction, raising hopes that the region might escape recession, flash survey results from S&P Global showed on Tuesday. The flash composite output index rose more-than-expected to 50.2 in January from 49.3 in December. The reading was forecast to climb to 49.8.
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Pound Weakens As U.K. Business Activity Falls To 2-yr Low
The pound depreciated against its major counterparts in European deals on Tuesday, as the UK private sector contracted at the fastest pace in two years in January, raising the risk of the economy slipping into recession.
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Bay Street Seen Opening On Cautious Note
The Canadian market is likely to open on a cautious note on Tuesday with investors looking ahead to the Bank of Canada's interest rate decision tomorrow.
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Jacobs Confirms Appointment Of Bob Pragada As New CEO
Following its leadership succession plan previously announced in September, Jacobs Solutions Inc. (J) confirmed on Tuesday that Bob Pragada has been appointed as Chief Executive Officer, effective January 24, 2023. He is expected to join the Company's Board of Directors upon certification of the results of its Annual Meeting later in the day.
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Civitas Resources Agrees To Buyback $300 Mln Of Its Common Stock From CPPIB
Civitas Resources, Inc. (CIVI) reported on Tuesday that it has agreed to repurchase approximately 4.9 million shares of its common stock, par value $0.01 per share at a price of $61.00 per share, resulting in aggregate consideration of approximately $300 million from its largest shareholder, Canada Pension Plan Investment Board or CPPIB.
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Johnson & Johnson Q4 Profit Down 26%, But Adj. EPS Tops Estimates
Healthcare company Johnson & Johnson on Tuesday reported that profit for fourth quarter declined 25.9 percent from last year, reflecting a sales decline and higher provisions for income taxes. Adjusted earnings per share topped analysts' expectations, while quarterly revenues missed it by a whisker. The company also initiated operational earnings forecast for the full-year 2023.
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