Capri Holdings Guides FY24 EPS Above Estimates - Update

Capri Holdings Backs FY22 EPS Outlook, But Trimmed Revenue Forecast

While reporting financial results for the second quarter on Wednesday, fashion luxury group Capri Holdings Ltd. (CPRI) maintains its earnings guidance for the full-year 2023, while trimming annual revenue outlook. The company also provided forecast for the third quarter.

RTTNews | 876 dias atrás

ECB Minutes Show Members Expressed Worries Over Possible Shocks To Growth From Trade Tensions

Minutes of the March policy session of the European Central Bank showed that rate-setters were worried about the impact of the looming trade tariffs and the high uncertainty on the Eurozone economic growth.

RTTNews | 4 h 15 min atrás

Swiss Market Ends Sharply Lower On Tariff Woes

Swiss stocks fell sharply on Thursday, in line with equities across the globe, as U.S. President Donald Trump's sweeping tariff announcement fueled inflation and growth concerns, prompting investors to exit counters.

RTTNews | 6 h 28 min atrás

European Stocks Close Sharply Lower As Trump's Tariff Announcement Triggers Sell-off

European stocks tumbled on Thursday with several markets falling to multi-month lows as U.S. President Donald Trump's sweeping "reciprocal tariffs" announcement triggered widespread selling. It is feared that the new levies could fuel inflation and disrupt global supply chains and lead to trade wars.

RTTNews | 6 h 48 min atrás

Canadian Market Down Sharply On Heavy Selling As Trump's Tariffs Hurt Sentiment

Canadian stocks are deep down in the red on Thursday, hurt by U.S. President Donald Trump's sweeping tariff announcement that is likely to trigger a global trade war, which could push up inflation and hinder economic growth. The benchmark S&P/TSX Composite Index, which crashed to 24,429.24, losing about 880 points, was down 737.43 points or 2.91% at 24,569.75 a little while ago.

RTTNews | 7 h 39 min atrás

U.S. Services Index Drops To Nine-Month Low In March

U.S. service sector growth slowed by more than anticipated in the month of March, according to a report released by the Institute for Supply Management on Thursday. The ISM said its services PMI fell to 50.8 in March after inching up to 53.5 in February. While a reading above 50 still indicates growth, economists had expected the index to show a more modest decrease to 53.0.

RTTNews | 9 h 26 min atrás

U.S. Trade Deficit Shrinks From Record High As Exports Surge

The Commerce Department released a report on Thursday showing the U.S. trade deficit narrowed in the month of February after soaring to a record high in January. The report said the trade deficit decreased to $122.7 billion in February after spiking to a revised $130.7 billion in January.

RTTNews | 9 h 31 min atrás

U.S. Weekly Jobless Claims Unexpectedly Dip To 219,000

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday unexpectedly showing a modest decrease by first-time claims for U.S. unemployment benefits in the week ended March 29th. The report said initial jobless claims dipped to 219,000, a decrease of 6,000 from the previous week's revised level of 225,000.

RTTNews | 9 h 54 min atrás

EURUSD	1.10168	GBPUSD	1.30818	AUDUSD	0.63203
USDJPY	146.37	USDCAD	1.40928	USDCHF	0.85952

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Capri Holdings Guides FY24 EPS Above Estimates - Update