Forex ziņas
Tighter Credit Standards, Weaker Loan Demand Suggest Bleak Investment Outlook In Eurozone
Further tightening in credit standards and weakening loan demand from households and businesses in the euro area suggest that the monetary transmission is in play in the real economy, which could prompt the European Central Bank to hit a pause on rate hikes in the coming months though the prospect of high inflation could damp such thoughts.
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741 days ago
Pound Down As Investors Await Fed Announcement
The pound depreciated against its major rivals in the European session on Tuesday, as investors awaited the Federal Reserve's policy decision for more clarity on the rate outlook.
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741 days ago
Mexico GDP Growth Slows To 3.5% Amid Tertiary Sector Slowdown
Mexican economic growth moderated in the fourth quarter after accelerating in the previous two quarters, largely led by a deceleration in the growth of the tertiary sector, preliminary data from the National Institute of Statistics and Geography, or INEGI, showed on Tuesday. Gross domestic product advanced an unadjusted 3.5 percent year-over-year in the December quarter.
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741 days ago
NetApp To Cut Workforce By About 8% Amid Restructuring
NetApp, Inc. (NTAP) revealed on Tuesday in a regulatory filing a plan to restructure and reduce the Company's workforce as a part of its planned efforts to realign resources to prioritize investments against its biggest opportunities in light of the macroeconomic challenges and reduced spending environment that continue to impact the xompany.
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741 days ago
Portugal GDP Growth Eases On Lower Domestic Demand; Inflation Slows Further
Portugal's economic growth moderated for the third straight quarter in the three months ended December amid a deceleration in the growth of domestic demand due to a decrease in private consumption and investment, flash data from Statistics Portugal showed on Tuesday. Separate official data revealed that consumer price inflation eased for the third consecutive month in January.
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741 days ago
Imperial Oil Q4 Profit Soars, Tops Estimates; Declares Dividend
Imperial Oil Ltd. (IMO, IMO.TO) reported on Tuesday that fourth-quarter net income soared to C$1.73 billion or C$2.86 per share from C$813 million or C$1.18 per share in the prior-year quarter.
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741 days ago
Pfizer Q4 Profit Tops View; Sees Weak FY23 Results, Below Market
Drug major Pfizer Inc. reported Tuesday higher earnings in its fourth quarter, above market estimates, and an all-time high revenues in its fiscal 2022. Meanwhile, the company projects sharply lower adjusted earnings and revenues in its fiscal 2023, below Wall Street estimates, reflecting projected decline for COVID-19 products. In pre-market activity on the NYSE, Pfizer shares were losing around
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741 days ago
more news
Bay Street Likely To Open On Negative Note
Canadian shares are likely to open on a negative note Tuesday morning, tracking lower commodity prices and weak European stocks.
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741 days ago
Phillips 66 Adj. EPS Miss Estimates
Energy company Phillips 66 (PSX) reported Tuesday that fourth-quarter consolidated earnings surged to $1.88 billion or $3.97 per share from $1.27 billion or $2.94 per share in the prior-year quarter.
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741 days ago
Eurozone Economy Avoids Contraction In Q4
Euro area narrowly escaped a shrinkage in the fourth quarter, but the growth remained modest on weaker consumer spending amid high inflation. Gross domestic product grew 0.1 percent sequentially after rising 0.3 percent in the third quarter, preliminary flash estimates from Eurostat showed on Tuesday. Economists had forecast the single currency bloc to shrink 0.1 percent.
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741 days ago
MSCI Q4 Profit Up 11%, Tops Estimates; Boosts Dividend 10.4%
MSCI, Inc. (MSCI) reported Tuesday that fourth-quarter net income grew to $214.97 million or $2.67 per share from $193.86 million or $2.32 per share in the prior-year quarter.
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741 days ago
Italy's First GDP Contraction In Nearly 2 Years Sparks Recession Worries
Italian economy shrank marginally in the fourth quarter of 2022 after expanding in the previous seven quarters, led by weaker domestic demand and lackluster industrial and farm sector performance, preliminary data from the statistical office ISTAT showed on Tuesday, triggering fears of a mild recession. Gross domestic product shrank 0.3 percent sequentially in the December quarter.
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741 days ago
UK Mortgage Approvals At 31-Month Low
UK mortgage approvals declined to the lowest level in more than two years in December as the cost of living crisis and the rising interest rate took its toll on the property market. The number of mortgages approved for house purchases fell to 35,600 in December from 46,200 in November, data from the Bank of England revealed Tuesday.
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741 days ago
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