Forex News
Moody's Slashes FY22 Outlook - Update
While reporting financial results for the third quarter on Tuesday, Moody's Corp. (MCO) slashed its earnings, adjusted earnings and revenue growth guidance for the full-year 2022.
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818 days ago
Raytheon Technologies Boosts FY22 Adj. EPS Outlook
While reporting financial results for the third quarter on Tuesday, aerospace and defense company Raytheon Technologies Corp. (RTX) raised its adjusted earnings outlook for the full-year 2022, while trimming annual revenue guidance.
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818 days ago
3M Trims FY22 Outlook Range - Update
While reporting financial results for the third quarter on Tuesday, 3M Co. (MMM) trimmed its earnings, sales and organic sales growth outlook range for the full-year 2022, to reflect the continued strengthening of the U.S. dollar and the uncertain macroeconomic environment.
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818 days ago
Sensex Drops 287 Points; Nifty Nears 17,650
Indian shares ended Tuesday's session on a sluggish note amid mixed global cues and ahead of a market holiday on Wednesday for Diwali celebrations.
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818 days ago
Adidas Plans To End Partnership With Kanye West: Report
German sports sneaker and apparel maker Adidas AG plans to end its partnership with Kanye West citing recent offensive behaviour from the American rapper, Bloomberg News reported citing people familiar with the matter. Following the news, Adidas shares were losing around 4 percent in the morning trading in Germany.
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818 days ago
European Shares Mixed In Lackluster Trade
European shares traded mixed on Tuesday, as investors digested a slew of earnings updates and looked ahead to the policy meetings by the European Central Bank and Federal Reserve for directional cues.
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818 days ago
FTSE 100 Slips In Cautious Trade
U.K. stocks fell on Tuesday, as the initial euphoria over the election of Rishi Sunak as the U.K. Prime Minister faded, and investors awaited Finance Minister Jeremy Hunt's budget on October 31 to see how he plans to plug a £40bn black hole in Britain's public finances exacerbated by Truss's disastrous package of unfunded tax cuts.
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818 days ago
more news
CAC 40 Inches Higher Despite Mixed Earnings
French stocks were moving higher on Tuesday, as investors digested a slew of earnings updates and looked ahead to the policy meetings by the European Central Bank and Federal Reserve for directional cues.
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818 days ago
DAX Edges Lower In Lackluster Trade
German stocks edged lower on Tuesday as the business climate index released by the IFO Institute came in unchanged at 84.3 for the month of October.
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818 days ago
Asian Shares Mixed On China Growth Concerns
Asian stocks turned in a mixed performance on Tuesday as concerns over China's growth prospects and a new political order in the country offset hopes of a Fed pivot.
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819 days ago
Japan Govt Maintains Economic View; Cautious About Market Volatility
Japan's government maintained its economic view for the fourth straight month, but remained cautious about the market volatility amid falling bond yields and the weakening yen. In the monthly economic report, released by the Cabinet Office on Tuesday, the government repeated that the Japanese economy is picking up moderately, while the slowdown of global economies poses downside risk to the Japa
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819 days ago
UBS Q3 Profit Down; Stock Rises
Swiss banking giant UBS Group AG reported Tuesday lower profit in its third quarter with weakness in all segments. Looking ahead, the company said it remains disciplined on risk management and cost efficiency as it heads into the fourth quarter. UBS shares were gaining around 5 percent in the morning trading in Switzerland.
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819 days ago
Pound Weakens As Sunak-led Rally Fizzles
The pound dropped against its major counterparts on Tuesday, as optimism over the election of Rishi Sunak as the U.K. Prime Minister faded.
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819 days ago
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