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Southwest To Review Elliott's Request For Shareholders' Meeting

Southwest Airlines Co. confirmed that its shareholder Elliott Investment Management L.P. has requested a Special Meeting of Shareholders to consider its proposals, mainly change in directors. The investor for long has been trying to overhaul the airline's leadership, demanding better performance. Responding to the demand, Southwest said its Board will carefully review the Special Meeting request..
RTTNews | 1 일 전
China Exports To Remain Strong In Near-Term: Capital Economics

China Exports To Remain Strong In Near-Term: Capital Economics

China's exports are set to stay strong in the near-term, underpinned by gain in export competitiveness, economists at Capital Economics said. Data released on Monday showed that exports growth eased sharply to 2.4 percent in September from 8.7 percent in August. At the same time, imports grew 0.3 percent on a yearly basis, slightly slower than the 0.5 percent increase seen in the prior month.
RTTNews | 1 일 전
European Economic News Preview: German Economic Sentiment Data Due

European Economic News Preview: German Economic Sentiment Data Due

Economic confidence from Germany and unemployment from the UK are due on Tuesday, headlining a busy day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK labour market data. The jobless rate is expected to remain unchanged at 4.1 percent in three months to August.
RTTNews | 1 일 전
Canadian Dollar Falls Ahead Of Canada CPI Data

Canadian Dollar Falls Ahead Of Canada CPI Data

The Canadian dollar weakened against other major currencies in the Asian session on Tuesday, as traders await the release of the latest Canadian consumer inflation figures due later on the day. The drop of crude oil prices also undermined the currency.
RTTNews | 1 일 전
Sensex, Nifty Open Higher On Wall Street Cues

Sensex, Nifty Open Higher On Wall Street Cues

Indian shares were modestly higher on Tuesday after major U.S. indexes rallied to new records overnight on relief that interest rates are finally heading back down and that the economy is on a solid footing.
RTTNews | 1 일 전
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Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, amid bets the US Fed will proceed with modest rate cuts in the near term after recent US inflation data that showed producer prices were unexpectedly unchanged in September, while the annual rate price growth slowed modestly. Asian markets closed mixed on Monday.
RTTNews | 1 일 전
Sensex, Nifty Seen Lower As Retail Inflation Hits Nine-month High

Sensex, Nifty Seen Lower As Retail Inflation Hits Nine-month High

Indian shares look set to open on a tepid note Tuesday after government data showed retail inflation in the country rose to a nine-month high of 5.49 percent in September, due to higher food prices. That marks a significant increase from 3.65 percent in August.
RTTNews | 1 일 전
Japanese Market Is Sharply Higher

Japanese Market Is Sharply Higher

Extending from the gains in the previous three sessions, the Japanese stock market is sharply higher in post-holiday trade on Tuesday, with the Nikkei 225 moving above the 40,200 level, following the broadly positive cues from Wall Street overnight, with gains across all the sectors led by index heavyweights and technology stocks.
RTTNews | 1 일 전
Australian Market Significantly Higher

Australian Market Significantly Higher

Adding to the gains in the previous session, the Australian stock market is trading significantly higher on Tuesday, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,300 level to fresh all-time highs, with gains across most sectors led by mining and technology stocks. Energy stocks were the only weak spot amid lower crude oil prices.
RTTNews | 1 일 전
Dollar Rises Against Major Counterparts

Dollar Rises Against Major Counterparts

The U.S. dollar climbed higher against its major counterparts on Monday on expectations the Federal Reserve will announce smaller interest rate cuts in the coming months, as against earlier hopes for another 50-basis point cut.
RTTNews | 1 일 전
Swiss Franc Declines Against Majors

Swiss Franc Declines Against Majors

The Swiss franc fell against its major counterparts in the New York session on Monday, as U.S. stocks rose amid optimism about the outlook for interest rates following last Friday's report on producer price inflation.
RTTNews | 2 일 전

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