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U.S. Industrial Production Climbs More Than Expected In June

A report released by the Federal Reserve on Wednesday showed industrial production in the U.S. increased by more than expected in the month of June. The Fed said industrial production climbed by 0.6 percent in June after jumping by 0.9 percent in May. Economists had expected industrial production to rise by 0.3 percent.
RTTNews | 104 일 전
U.S. Housing Starts, Building Permits Rebound Significantly In June

U.S. Housing Starts, Building Permits Rebound Significantly In June

The Commerce Department released a report on Wednesday showing a significant rebound by new residential construction in the U.S. in the month of June. The report said housing starts shot up by 3.0 percent to an annual rate of 1.353 million in June after plunging by 4.6 percent to a revised rate of 1.314 million in May.
RTTNews | 104 일 전
Community Trust Bancorp Q2 Profit Edges Down

Community Trust Bancorp Q2 Profit Edges Down

Community Trust Bancorp, Inc. (CTBI) reported Wednesday net earnings for the second quarter of $19.50 million or $1.09 per share, edging up from $19.40 million or $1.08 per share in the prior-year quarter.
RTTNews | 104 일 전
Bay Street Likely To Open On Negative Note

Bay Street Likely To Open On Negative Note

Canadian shares are likely to open weak on Wednesday, weighed down by lower oil prices, disappointing guidance from Dutch semiconductor firm ASML, and geopolitical concerns.
RTTNews | 104 일 전
Johnson & Johnson Q2 Adj. EPS Beats View, Cuts FY24 Earnings Forecast

Johnson & Johnson Q2 Adj. EPS Beats View, Cuts FY24 Earnings Forecast

Johnson & Johnson reported Wednesday weak profit in its second quarter on charges, while adjusted earnings beat market estimates on sales growth. The drug major further trimmed its fiscal 2024 adjusted earnings outlook, but lifted operational sales view to mainly reflect the acquisition of Shockwave Medical. In pre-market activity on the NYSE, Johnson & Johnson shares were losing around 0.5...
RTTNews | 104 일 전
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Northern Trust Q2 Results Top Estimates

Northern Trust Q2 Results Top Estimates

Northern Trust Corp. (NTRS) reported Wednesday that its second-quarter net income applicable to common stock surged to $891.4 million or $4.34 per share from $327.1 million or $1.56 per share in the prior-year quarter.
RTTNews | 104 일 전
U.S. Bancorp Q2 Results Top Estimates

U.S. Bancorp Q2 Results Top Estimates

U.S. Bancorp (USB) reported Wednesday that net income attributable to U.S. Bancorp common shareholders for the second quarter increased to $1.52 billion or $0.97 per share from $1.28 billion or $0.84 per share in the prior-year quarter.
RTTNews | 104 일 전
Indonesia Keeps Key Interest Rate Unchanged

Indonesia Keeps Key Interest Rate Unchanged

Indonesia's central bank kept its benchmark interest rate unchanged, as widely expected, on Wednesday. The Board of Governors of Bank Indonesia, governed by Perry Warjiyo, decided to maintain the seven-day reverse repo rate to 6.25 percent.
RTTNews | 104 일 전
ASML Stock Down On Weak Q2 Results, Outlook

ASML Stock Down On Weak Q2 Results, Outlook

Shares of ASML Holding N.V. were losing around 7 percent in the morning trading in Amsterdam as well as in pre-market activity on the Nasdaq Stock Exchange after the Dutch semiconductor equipment maker reported Wednesday weak second-quarter profit, net sales as well as volume. This was despite reporting growth in gross margin as well as value of booked systems.
RTTNews | 104 일 전
Eurozone Inflation Slows To 2.5% As Estimated

Eurozone Inflation Slows To 2.5% As Estimated

Eurozone inflation slowed as initially estimated in June but the European Central Bank is expected to hold its benchmark rate on Thursday as underlying inflation remains too high. The harmonized index of consumer prices rose 2.5 percent on a yearly basis, which was slower than the 2.6 percent growth posted in May. The 2.5 percent matched the flash estimate published on July 2.
RTTNews | 104 일 전
European Shares Extend Losses For Third Day

European Shares Extend Losses For Third Day

European stocks drifted lower for a third day running on Wednesday as investors digested regional inflation data and looked forward to the European Central Bank's rate-setting meeting later in the week for directional cues.
RTTNews | 104 일 전

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