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Dollar Tree Sees Q3 Below Market, Cuts FY24 View After Weak Q2 Earnings; Stock Down

Shares of Dollar Tree, Inc. were losing nearly 13 percent in the pre-market activity on the Nasdaq after the discount retail chain on Wednesday issued third-quarter outlook and trimmed fiscal 2024 forecast, both below market estimates. The outlook reflects its second-quarter results with weak earnings, also below the Street view, despite slight growth in net sales.
RTTNews | 48 дней спустя
Sensex, Nifty End Off Day's Lows

Sensex, Nifty End Off Day's Lows

Indian shares followed global peers lower on Wednesday, though falling oil prices on demand concerns helped limit overall losses.
RTTNews | 48 дней спустя
Eurozone Private Sector Growth At 3-Month High

Eurozone Private Sector Growth At 3-Month High

The euro area private sector expanded at the fastest pace in three months in August underpinned by strong upturn in services activity, final survey results from S&P Global showed on Wednesday. The HCOB composite output index posted 51.0 in August compared to 50.2 in July. The final reading was slightly below the initial estimate of 51.2. The score signaled a re-acceleration of growth.
RTTNews | 48 дней спустя
SEC Fines Moody's, S&P, Other Credit Rating Agencies Over Recordkeeping Failures

SEC Fines Moody's, S&P, Other Credit Rating Agencies Over Recordkeeping Failures

The U.S. Securities and Exchange Commission has fined six major credit rating organizations a total of $49 million for significant failures to maintain and preserve electronic communications. Admitting the facts in their respective SEC orders, Moody's Investor Service Inc. and S&P Global Ratings agreed to pay a $20 million civil penalty each. Further, Fitch Ratings Inc. agreed to pay $8 million...
RTTNews | 48 дней спустя
FTSE 100 Dips On Growth Concerns

FTSE 100 Dips On Growth Concerns

U.K. stocks traded lower on Wednesday amid concerns about slowing U.S. and Chinese growth.
RTTNews | 48 дней спустя
CAC 40 Extends Slide As Growth Worries Weigh

CAC 40 Extends Slide As Growth Worries Weigh

French stocks traded lower on Wednesday to extend losses from the previous session as weak U.S. manufacturing data reignited recession fears.
RTTNews | 48 дней спустя
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DAX Extends Losses As Growth Worries Mount

DAX Extends Losses As Growth Worries Mount

German stocks fell on Wednesday to extend losses from the previous session as investors fretted about weakening U.S. and Chinese growth.
RTTNews | 48 дней спустя
Nvidia Stock Down On Reports Of DOJ Subpoenas

Nvidia Stock Down On Reports Of DOJ Subpoenas

Nvidia Corp. shares were losing nearly 3% in the pre-market trading on the Nasdaq, continuing the 10 percent drop on Tuesday's regular trading as well as around 2.4% in the extended trading, following reports of the artificial intelligence or AI chipmaker receiving subpoenas from the U.S. Department of Justice as part of an antitrust probe.
RTTNews | 48 дней спустя
Antipodean Currencies Falls Amid Risk Aversion

Antipodean Currencies Falls Amid Risk Aversion

The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Wednesday, as Asian stock markets traded lower, following the sell-off on the Wall Street overnight, as markets in Australia, Japan, South Korea, Hong Kong, Singapore and Taiwan all tumbled. Weak commodity prices, concerns about global economic growth and uncertainty about the pace of U.S. interest rate cuts weighed on the markets.
RTTNews | 48 дней спустя
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the European session on Wednesday.
RTTNews | 48 дней спустя

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