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Forex News
Canadian Market Down Firmly In Negative Territory At Noon
The Canadian market is down firmly in negative territory around noon on Thursday, weighed down by losses in energy, materials and technology sectors.
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883 days ago
Pound Weakens After U.K. Autumn Budget Statement
The pound moved down against its major counterparts in the European session on Thursday, as U.K. Chancellor of Exchequer Jeremy Hunt unveiled a package of tax increases and spending cuts worth £55 billion and said that the economy is already in a recession.
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883 days ago
Philly Fed Index Slumps To Lowest Level Since May 2020
A report released by the Federal Reserve Bank of Philadelphia on Thursday showed regional manufacturing activity unexpectedly contracted at a faster rate in the month of November. The Philly Fed said its diffusion index for current activity tumbled to a negative 19.4 in November from a negative 8.7 in October.
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883 days ago
U.S. Housing Starts Show Notable Decrease In October, Building Permits Pull Back Sharply
New residential construction in the U.S. showed a notable decrease in the month of October, the Commerce Department revealed in a report released on Thursday. The report said housing starts tumbled by 4.2 percent to an annual rate of 1.425 million in October after falling by 1.3 percent to an upwardly revised rate of 1.488 million in September.
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883 days ago
U.S. Weekly Jobless Claims Edge Slightly Lower
First-time claims for U.S. unemployment benefits edged slightly lower in the week ended November 12th, according to a report released by the Labor Department on Thursday.
The report said initial jobless claims dipped to 222,000, a decrease of 4,000 from the previous week's revised level of 226,000.
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883 days ago
Macy's, Kohl's Q3 Results Top Estimates, While Children's Place Adj. EPS Missed
Omni-channel fashion retailer Macy's, department store chain Kohl's and specialty apparel retailer The Children's Place reported on Thursday that net profit for the third quarter approximately halved from last year, primarily on lower margins and higher expenses, apart from a single-digit percentage drop in net sales.
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883 days ago
Philly Fed Index Unexpectedly Slumps To -19.4 In November
A report released by the Federal Reserve Bank of Philadelphia on Thursday showed regional manufacturing activity unexpectedly contracted at a faster rate in the month of November.
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883 days ago
more news
U.S. Weekly Jobless Claims Edge Down To 222,000
First-time claims for U.S. unemployment benefits edged slightly lower in the week ended November 12th, according to a report released by the Labor Department on Thursday.
RTTNews
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883 days ago
U.S. Housing Starts Tumble 4.2% In October
New residential construction in the U.S. showed a notable decrease in the month of October, the Commerce Department revealed in a report released on Thursday.
RTTNews
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883 days ago
Children's Place Trims FY22 Adj. EPS, Net Sales Outlook As Q3 Adj. EPS Misses Estimates
Specialty apparel retailer The Children's Place, Inc. (PLCE) reported Thursday that net income for the third quarter nearly halved to $42.86 million or $3.26 per share from $78.87 million or $5.30 per share in the prior-year quarter.
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883 days ago
Bay Street Seen Opening On Weak Note
Lower Canadian and U.S. stock futures and weak commodity prices point to a negative start for Canadian shares on Thursday.
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883 days ago
BJ's Wholesale Club Boosts FY22 Outlook As Q3 Results Top Estimates
BJ's Wholesale Club Holdings Inc. (BJ) announced Thursday that net income for the third quarter grew to $129.94 million or $0.95 per share from $126.52 million or $0.92 per share in the prior-year quarter.
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883 days ago
Wells Fargo Launches Short-term Flex-Loan
Banking major Wells Fargo has rolled out a new short-term flexi-loan for eligible customers to gain access to funds on the go through the Wells Fargo Mobile Banking app, without the hassles of formally applying for the loan and within minutes. It is currently available in select markets and will be extended nationwide by the end of the year.
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883 days ago
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