Forex News
Bay Street Likely To Open On Mixed Note
The Canadian market is likely to open on a mixed note Friday morning with investors reacting to earnings updates from major U.S. banks, and a slew of earnings announcements from Canadian companies.
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755 days ago
JPMorgan Q4 Profit Up 6%, Results Top Estimates
US investment bank JPMorgan Chase & Co. reported Friday a profit for the fourth quarter that increased six percent from last year, reflecting strong double-digit net interest income growth, boosted by higher interest rates. Both adjusted earnings per share and revenues for the quarter topped analysts' expectations.
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755 days ago
Delta Air Lines Guides FY23 EPS In Line With Estimates - Update
While reporting financial results for the fourth quarter and fiscal 2022 on Friday, Delta Air Lines, Inc. (DAL) provided earnings and total revenue guidance for the first quarter and the full-year 2023.
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755 days ago
Tesla Cuts Prices In US, Europe To Boost Demand
Tesla Inc. has reduced its electric vehicles' prices in the United States and Europe, aiming to boost demand, Reuters reported. The move comes nearly one week after the luxury electric major slashed prices at its biggest international market in China. Following the news, Tesla shares were losing around 4 percent in Frankfurt as well as in the pre-market activity on Nasdaq.
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755 days ago
Unity Bancorp Q4 EPS Misses Estimates
Unity Bancorp, Inc. (UNTY), parent company of Unity Bank, reported Friday a fourth-quarter net income of $10.0 million or $0.93 per share, compared to $9.7 million or $0.93 per share in the prior-year quarter.
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755 days ago
UnitedHealth Group Affirms FY23 Outlook - Update
While reporting financial results for the fourth quarter and fiscal 2022 on Friday, diversified health care company UnitedHealth Group, Inc. (UNH) affirmed its earnings, adjusted earnings and revenue outlook for the full-year 2023 which was established at its November 29h Investor Conference.
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755 days ago
Sensex, Nifty Reverse Course To End Higher
Indian shares reversed early losses to finish higher on Friday, as positive global cues and encouraging macroeconomic data helped offset a mixed set of earnings results from prominent IT companies.
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755 days ago
more news
UK Economy Unexpectedly Expands In November
The UK economy unexpectedly expanded in November as the FIFA World Cup boosted sales of food and beverages, data from the Office for National Statistics revealed Friday.
Gross domestic product grew 0.1 percent on a monthly basis in November, confounding expectations for a fall of 0.2 percent. Nonetheless, the pace of growth eased sharply from 0.5 percent in October.
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755 days ago
Yen Strengthens Ahead Of BoJ Decision
The Japanese yen climbed against its major counterparts on Friday, on growing hopes that the Bank of Japan may change the yield curve control policy further when it meets next week.
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755 days ago
German Economy Grows 1.90% In 2022 To Beat Expectations. Can It Avoid Recession?
Germany's gross domestic product growth slowed less than expected in the year 2022, driven mainly by private consumption and investment in machinery, and returned to pre-pandemic levels. Despite the better performance, economists continue to look forward to a mild recession in the biggest euro area economy this year.
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755 days ago
European Shares Extend Gains As Growth, Rate Hike Worries Ease
European stocks rose on Friday to hover near a nine-month high, as investors cheered signs of slowing U.S. inflation and better-than-expected trade data from China.
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755 days ago
FTSE 100 Rises As GDP Beats Forecasts
U.K stocks rose notably on Friday as data showed the British economy unexpectedly grew in November.
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755 days ago
CAC 40 Edges Higher As Focus Shifts To US Bank Earnings
French stocks advanced on Friday as investors monitored the outlook for inflation and monetary policy.
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755 days ago
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