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U.S. Job Growth Exceeds Estimates In October, Unemployment Rate Edges Higher

U.S. Job Growth Exceeds Estimates In October, Unemployment Rate Edges Higher

Employment in the U.S. increased by more than expected in the month of October, according to a closely watched report released by the Labor Department on Friday. The report showed non-farm payroll employment jumped by 261,000 jobs in October after surging by an upwardly revised 315,000 jobs in September.
RTTNews | 810 дней спустя
American Axle Confirms Not Engaged In Any Discussions To Sell Company

American Axle Confirms Not Engaged In Any Discussions To Sell Company

Reacting to media speculation regarding the company on Friday, American Axle & Manufacturing Holdings, Inc. or AAM (AXL) said in a statement that we are not engaged in any discussions to sell the company and that we are not otherwise for sale.
RTTNews | 811 дней спустя
European Stocks Up Firmly In Positive Territory

European Stocks Up Firmly In Positive Territory

European stocks are up sharply in positive territory a little past noon on Friday, building on early gains, as investors focus on earnings updates, shrugging off concerns about inflation and interest rates.
RTTNews | 811 дней спустя
Dollar Climbs Following U.S. Jobs Data

Dollar Climbs Following U.S. Jobs Data

Following the release of U.S. nonfarm payrolls data for October at 8:30 am ET Friday, the greenback appreciated against its major counterparts.
RTTNews | 811 дней спустя
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Bay Street Seen Opening On Firm Note

Bay Street Seen Opening On Firm Note

Canadian shares are likely to open on a firm note on Friday, tracking higher commodity prices and strong gains in European markets.
RTTNews | 811 дней спустя
Duke Energy Slashes FY22 Outlook As Q3 Adj. EPS Miss Estimates

Duke Energy Slashes FY22 Outlook As Q3 Adj. EPS Miss Estimates

Duke Energy Corp. reported on Friday that profit for the third quarter edged up from last year, driven by strong volumes in Electric Utilities and Infrastructure. Adjusted earnings per share missed analysts' expectations, while quarterly revenues topped it. The company also slashed it adjusted earnings outlook for the full-year 2022.
RTTNews | 811 дней спустя
Sentiment Strong At FTSE-100

Sentiment Strong At FTSE-100

FTSE 100 of the London Stock Exchange rallied more than a percent amidst hopes of a relaxation in China's zero covid strategy. Mining stocks led the gains amidst a surge in commodity prices. Markets also await the payrolls data from the U.S. to assess whether the job market situation would allow the Fed to continue the pace of rate hikes.
RTTNews | 811 дней спустя
Eurozone Private Sector Shrinks Most In Almost 2 Years

Eurozone Private Sector Shrinks Most In Almost 2 Years

The euro area private sector contracted at the fastest pace in almost two years in October signaling that the currency bloc is sliding into a recession, final survey results from S&P Global showed on Friday. The final composite output index fell to 47.3 in October from 48.1 in September. The score was slightly above the flash 47.1. The latest reading was the lowest since November 2020.
RTTNews | 811 дней спустя

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