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U.S. Housing Starts Rebound 9.8% In February, Much More Than Expected
After reporting decreases in new U.S. residential construction for six straight months, the Commerce Department released a report on Thursday showing a substantial rebound in housing starts in the month of February.
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713 일 전
Philly Fed Index Indicates Slightly Slower Contraction In March
The Federal Reserve Bank of Philadelphia released a report on Thursday showing regional manufacturing activity contracted at a slightly slower rate in the month of March.
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713 일 전
Lenovo Says UK High Court Rules In Its Favor In Ongoing Litigation With InterDigital
PC and mobile maker Lenovo Group Ltd. (LNVGY.PK) announced Thursday that the UK High Court has ruled in Lenovo's favor in the ongoing litigation with InterDigital regarding license rates for 3G, 4G, and 5G patents.
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713 일 전
Dollar General Q4 Profit Rises, While Children's Place Slips To Loss
Retailers Dollar General Corp. (DG) and The Children's Place, Inc. (PLCE) reported on Thursday that financial results for the fourth quarter, with Dollar General profit and revenues growing from last year and Children's Place slipping to a loss with net sales also declining from last year.
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713 일 전
U.S. Import Prices Show First Annual Decrease Since December 2020
A report released by the Labor Department on Thursday showed import prices edged slightly lower in the month of February. The Labor Department said import prices dipped by 0.1 percent in February after falling by a revised 0.4 percent in January.
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713 일 전
ECB Raises Rates By 50 Bps On High Inflation
The European Central Bank hiked interest rates by 50 basis points on Thursday, in line with its guidance in February, as it expects inflation to remain high for too long. The bank also said policymakers were closely monitoring the financial market turmoil triggered by the banking sector crisis in the US and Switzerland.
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713 일 전
U.S. Weekly Jobless Claims Pull Back More Than Expected
First-time claims for U.S. unemployment benefits pulled back by more than expected in the week ended March 11th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims fell to 192,000, a decrease of 20,000 from the previous week's revised level of 212,000.
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713 일 전
more news
Euro Rises After ECB Decision
As expected, the European Central Bank raised its main refinancing rate by 50 basis points to 3.50 percent. Following the announcement, the euro rose against its major opponents.
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713 일 전
Euro Falls Ahead Of ECB Decision
The European Central Bank will announce interest rate decision at 9:15 am ET Thursday. Economists widely expect the bank to raise the benchmark refi rate by 50 basis points to 3.50 percent.
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713 일 전
Allstate Corp. Reports Estimated Catastrophe Losses For February Of $211 Mln
Insurer Allstate Corp. (ALL) announced Thursday estimated catastrophe losses for the month of February 2023 of $211 million or $167 million, after-tax.
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713 일 전
Jabil Guides Q3 In Line With Estimates; Q2 Results Top Estimates
While reporting preliminary, unaudited financial results for its second quarter on Thursday, Jabil Inc. (JBL) said it expects third-quarter earnings in a range of $1.50 to $1.90 per share and core earnings in a range of $1.70 to $2.10 per share on net revenues between $7.9 billion and $8.5 billion.
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713 일 전
Virgin Orbit Pauses Operations For A Week, Furloughs Most Employees
Richard Branson's Virgin Orbit Holdings Inc. is pausing all operations for a week starting Thursday as it seeks a funding lifeline, reports said. The satellite launch company also plans to furlough nearly all of its employees. Following the news, Virgin Orbit shares fell about 33 percent in after-hours trading on Wednesday, and are currently down around 42 percent in pre-market activity on Nasdaq.
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713 일 전
U.S. Housing Starts Surge Much More Than Expected In February
After reporting decreases in new U.S. residential construction for six straight months, the Commerce Department released a report on Thursday showing a substantial rebound in housing starts in the month of February.
RTTNews
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713 일 전
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