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U.S. Consumer Sentiment Index For April Unrevised, Matching Expectations
Revised data released by the University of Michigan on Friday continued to show a modest improvement in U.S. consumer sentiment in the month of April. The report said the consumer sentiment index for April was unrevised at 63.5, which was up from 62.0 in March. Economists had expected the reading to be unrevised.
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682 dni temu
ExxonMobil Q1 Results Top Estimates
Oil major Exxon Mobil Corp. (XOM) reported Friday a profit for the first quarter that soared from last year, reflecting sharply higher upstream and chemical product earnings amid structural earnings improvements through growth of advantaged assets, mix improvements, and cost and execution efficiencies. Adjusted earnings per share and quarterly revenues topped analysts' expectations.
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682 dni temu
U.S. Consumer Price Growth Slows More Than Expected In March
The Commerce Department on Friday released its report on U.S. personal income and spending in the month of March, which includes readings on consumer price inflation that are said to be preferred by the Federal Reserve. The report said the annual rate of consumer price growth slowed to 4.2 percent in March from a revised 5.1 percent in February.
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682 dni temu
Eurozone Economy Skirts Recession In Q1
The euro area dodged a recession in the first quarter that was widely anticipated a few months ago, thanks to the slowing energy price growth, fiscal stimulus and unwinding zero-Covid policy in China. Gross domestic product grew 0.1 percent in the first quarter after staying flat in the preceding period, preliminary flash estimate published by Eurostat showed Friday.
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682 dni temu
UK Car Production Grows Over 6% On Export Demand
UK car production rose in March as demand from foreign markets offset the fall at home and easing supply shortages of auto components such as semiconductor chips meant output grew in the first quarter amid the sustained surge in the popularity for battery electric vehicles, data from the Society of Motor Manufacturers and Traders, or SMMT, showed Friday.
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682 dni temu
U.S. Personal Income Rises Slightly More Than Expected In March
Personal income in the U.S climbed by slightly more than anticipated in the month of March, according to a report released by the Commerce Department on Friday. The report said personal income rose by 0.3 percent in March, matching the increase seen in February. Economists had expected personal income to edge up by 0.2 percent.
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682 dni temu
German Economy Stagnates In Q1; Inflation Slows More Than Expected
Germany avoided a recession in the first quarter as the economy stagnated with the fall in household and government spending offsetting the improvements in capital formation and exports. Inflation in the biggest euro area economy eased more than expected in April largely due to the base effects and slowing energy price growth.
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682 dni temu
more news
Imperial Oil Q1 Profit Rises, Tops Estimates; Boosts Dividend 14%
Imperial Oil Ltd. (IMO, IMO.TO) reported on Friday a first-quarter net income of C$1.25 billion or C$2.13 per share, the highest first quarter in over 30 years, up from C$1.17 billion or C$1.75 per share in the prior-year quarter.
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682 dni temu
Bay Street Likely To Open On Cautious Note
Data on Canada's GDP and U.S. personal income & spending are likely to set the trend for the Canadian market at the start on Friday. The mood is likely to remain a bit cautious.
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682 dni temu
W.P. Carey Maintains FY23 AFFO Outlook - Update
While reporting its financial results for the first quarter on Friday, net lease real estate investment trust W.P. Carey Inc. (WPC) continues to project adjusted funds from operations or AFFO guidance for the full-year 2023 in a range of $5.30 to $5.40 per share.
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682 dni temu
Colgate-Palmolive Maintains FY22 Earnings Growth Outlook - Update
While reporting financial results for the first quarter on Friday, Colgate-Palmolive Co. (CL) maintains its earnings and adjusted earnings growth guidance for the full-year 2023, while boosting net sales and organic sales growth outlook.
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682 dni temu
U.S. Dollar Higher As PCE Inflation Data In Focus
The U.S. dollar firmed against its major counterparts in the European session on Friday, as market participants await the personal consumption expenditure price index, the Fed's preferred gauge of inflation, due out later today.
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682 dni temu
Sensex Jumps 463 Points On Firm Global Cues; Nifty Ends At 18,065
Indian shares posted strong gains on Friday, with underlying sentiment buoyed by positive global cues and healthy buying by foreign investors on optimism about India's growth story.
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682 dni temu
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