Forex News
Baxter International Again Slashes FY22 Outlook - Update
While reporting financial results for the second quarter on Thursday, health care company Baxter International Inc. (BAX) again lowered its earnings, adjusted earnings and sales growth for the full-year 2022. The company also provided outlook for the third quarter.
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881 days ago
Reliance Steel Q2 Results Top Estimates; Guides Q3 Adj EPS Below View
While reporting financial results for the second quarter on Thursday, metals service center company Reliance Steel & Aluminum Co. (RS) said it expects adjusted earnings for the third quarter in a range of $6.00 to $6.20 per share, as the company expects its average selling price per ton sold for quarter to be up 5 to 7 percent.
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881 days ago
Hershey Raises FY22 Outlook; Boosts Dividend 15% - Update
While reporting financial results for the second quarter on Thursday, Hershey Co. (HSY) raised its adjusted earnings and net sales growth guidance for the full-year 2022, reflecting the strength of its performance in the first-half and expectations for the second half of the year.
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881 days ago
Northrop Grumman Q2 Results Miss Estimates; Affirms FY22 Outlook
While reporting financial results for the second quarter on Thursday, Northrop Grumman Corp. (NOC) affirmed its adjusted earnings and sales guidance for the full year 2022 as the tight labor market that has impacted growth in the first half has begun to ease in the second half of the year.
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881 days ago
Sensex, Nifty Jump Around 2% As Fed Worries Ebb
Indian shares rallied on Thursday after the U.S. Federal Reserve announced a 75-bps rate hike, as widely expected, and indicated that it may be appropriate to slow the pace of increases going forward amid concerns over a possible recession.
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881 days ago
Eurozone Economic Confidence At 17-Month Low
Eurozone economic confidence reached its lowest level in nearly one-and-a-half years in July, survey results from the European Commission showed on Thursday. The economic confidence index slid more-than-expected to 99.0 in July from 103.5 in the previous month. The reading was forecast to ease to 102.0. The decline in July reflects substantial losses in industry, services and consumer confidenc
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881 days ago
Pound Climbs As Fed Rate Hike Worries Reduce
The pound advanced against its most major counterparts in the European session on Thursday, as comments from U.S. Federal Reserve Chairman Jerome Powell eased worries about the pace of rate hikes in the coming months.
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881 days ago
more news
European Shares Mixed Ahead Of US GDP Data
European stocks advanced to hit a seven-week high on Thursday as investors reacted to a slew of earnings updates and less-hawkish-than-feared messaging from Fed Chair Jerome Powell.
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881 days ago
Asian Shares Rise As Rate Hike Worries Ease
Asian stocks advanced on Thursday after the U.S. Federal Reserve announced a 75-bps rate hike, as widely expected, and indicated that it may be appropriate to slow the pace of increases going forward and policy will be set meeting-by-meeting amid signs of an economic slowdown.
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881 days ago
U.S. Dollar Lower On Prospects Of Slower Fed Rate Hikes
The U.S. dollar weakened against its major counterparts in the Asian session on Thursday, as investors lowered their expectations over aggressive rate hikes from the U.S. Federal Reserve in the period ahead.
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882 days ago
European Shares Poised For Higher Open
European stocks are likely to open higher on Thursday after Fed Chair Jerome Powell hinted the U.S. central bank could slow the pace or rate hikes.
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882 days ago
European Economics Preview: Germany Flash Inflation Data Due
Flash consumer prices from Germany and economic confidence survey results from the euro area are the major reports due on Thursday. At 2.00 am ET, Statistics Sweden releases flash GDP data and retail sales figures. The economy is forecast to grow 0.7 percent sequentially in the second quarter, reversing the 0.8 percent fall in the first quarter.
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882 days ago
Sensex Soars 535 Points; Nifty At 16,780
Indian shares rose sharply on Thursday, mirroring positive global cues on the back of better-than-expected results from mega-cap tech companies and Fed Chair Jerome Powell's comments that he doesn't believe the U.S. is in a recession.
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882 days ago
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