Forex News
Cato Q2 Net Income, Sales Decline
Specialty retailer Cato Corp. (CATO) reported Thursday that net income for the second quarter declined to $0.1 million or $0.01 per share from $1.1 million or $0.06 per share in the prior-year quarter.
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63 days ago
BJ's Wholesale Q2 Results Top Estimates; Reaffirms FY24 Outlook
Retailer BJ's Wholesale Club Holdings, Inc. (BJ) announced Thursday that net income for the second quarter grew to $144.99 million or $1.08 per share from $131.33 million or $0.97 per share in the prior-year quarter.
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63 days ago
Sensex, Nifty End Off Day's Highs Ahead Of Powell's Speech
Indian shares ended modestly higher on Thursday, giving up some early gains as investors awaited cues from U.S. PMI and initial jobless claims figures as well as Fed Chair Powell's Friday speech at the Jackson Hole Symposium.
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63 days ago
Pound Rises To Against Majors
The British pound strengthened against other major currencies in the European session on Thursday.
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63 days ago
European Shares Rise On Rate Cut Hopes
European stocks traded slightly higher on Thursday as a survey showed Eurozone manufacturing PMI fell from 45.8 to an 8-month low of 45.6 in August, reinforcing investor bets on a September ECB rate cut.
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63 days ago
German Private Sector Contraction Deepens
Germany's private sector activity shrank further in August as manufacturing output declined sharply and service sector growth softened for the third consecutive month, flash survey results from S&P Global showed on Thursday. The headline HCOB flash composite output index fell unexpectedly to 48.5 in August from 49.1 in July. The score was seen at 49.2.
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63 days ago
FTSE 100 Rises On Strong PMI Data
U.K. stocks rose slightly on Thursday after Britain's private sector companies reported their strongest growth in four months alongside cooling price pressures.
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63 days ago
more news
CAC 40 Gains After Strong PMI Data
French stocks advanced on Thursday as a survey showed France's private sector expanded in August for the first time since April, driven by the upturn in services activity.
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63 days ago
DAX Edges Higher On Dovish Fed Expectations
German stocks were modestly higher on Thursday as a preliminary survey showed German business activity contracted in August for a second consecutive month and by more than expected, reinforcing investor bets on a September ECB rate cut.
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63 days ago
Swiss Re Stock Gains As H1 Profit Climbs, Backs Outlook
Shares of Swiss Re Ltd. were gaining more than 3 percent in the morning trading in Switzerland after the reinsurer reported Thursday higher profit in its first half with improved insurance revenues, supported by strong contributions from all business units. Swiss Re's Group Chief Executive Officer Andreas Berger said, "After a strong start in the first half of this year, we maintain our 2024..."
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63 days ago
Asian Shares Mostly Higher As Investors Await Powell's Speech
Asian shares rose broadly on Thursday, though a cautious undertone prevailed ahead of the annual conference of central bankers at Jackson Hole, Wyoming, where Fed Chair Jerome Powell may provide important clues on the likely policy ahead for U.S. monetary policy.
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63 days ago
France Private Sector Recovers On Services Activity
France's private sector expanded in August for the first time since April driven by the upturn in services activity, flash survey results from S&P Global showed on Thursday. The composite output index rose to 52.7 in August from 49.1 in July. The score was forecast to remain unchanged at 49.1. This was the first time since April that the index has posted above the 50.0 threshold.
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63 days ago
Bank Of Korea Keeps Interest Rate At 15-Year High
The Bank of Korea left its benchmark interest rate unchanged on Thursday but it signaled a reduction in the near term as inflation continued its downward trend and the recovery in domestic economy remains weak. The Monetary Policy Board headed by Rhee Chang Yong unanimously decided to hold the Base Rate at a 15-year high of 3.50 percent.This was the thirteenth consecutive hold.
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63 days ago
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