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European Stocks Close Higher On Fed Rate Cut Hopes
European stocks closed broadly higher on Wednesday, thanks largely to gains in the mining sector. The undertone remained firm amid continued optimism about an interest rate cut by the Federal Reserve next month.
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Pred 127 dňami
Pound Climbs Ahead Of Fed Minutes
The pound advanced against its major counterparts in the New York session on Wednesday, ahead of the release of the Federal Reserve's July meeting minutes that could provide greater clarity on monetary policy easing.
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Pred 127 dňami
U.S. Added 818,000 Fewer Jobs Than Previously Reported, BLS Says
Revised data released by the Bureau of Labor Statistics on Wednesday showed job growth in the U.S. was weaker than previously reported in the twelve months ended March 2024. The BLS said the U.S. economy added 818,000 fewer jobs from March 2023 to March 2024 than initially reported, reflecting 0.5 percent weaker job growth.
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Pred 128 dňami
Target, TJX, Macy's Q2 Earnings Top Estimates
Retailers Target, TJX and Macy's reported Wednesday profits for the second quarter that topped analysts' estimates. Quarterly revenues at Target and TJX also beat estimates, while it misses by a whisker at Macy's. The improved results at the retailers were driven by gross margin expansion. Target and TJX raised its earnings guidance for the full year, while Macy's maintained its earnings outlook.
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Pred 128 dňami
JD.com Stock Slips As Walmart Confirms Entire Stake Sale
Shares of JD.com Inc. traded down around 8 percent on the Hong Kong exchange and were losing more than 8 percent in the early morning trading on the Nasdaq after retail giant Walmart Inc. announced the sale of its entire stake in the Chinese e-commerce firm. Walmart expects the sale to help focus on its strong China operations for Walmart China and Sam's Club, and deploy capital towards other prio
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Pred 128 dňami
MFA Financial Appoints Bryan Wulfsohn To Succeed Craig Knutson As President
Specialty finance company MFA Financial, Inc. (MFA) announced Wednesday that Bryan Wulfsohn, MFA's Co-Chief Investment Officer, will assume the additional role of President of the Company effective September 3, 2024.
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Pred 128 dňami
Bank Indonesia Keeps Rates On Hold For Fourth Session
Bank Indonesia retained its interest rate for the fourth straight session on Wedneday as inflation is estimated to remain within the target range. The Board of Governors headed by Perry Warjiyo decided to maintain the seven-day reverse repo rate to 6.25 percent. The current rate is the highest since 2016, when the bank made the seven-day reverse repo as its main policy rate.
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Pred 128 dňami
more news
V2X Granted $3.7 Bln Task Order To Lead Next-Gen Readiness And Training For U.S. Army
V2X, Inc. (VVX) announced Wednesday that its was granted a $3.7 billion five-year mission critical contract to provide readiness capabilities to the U.S. Army worldwide under the Warfighter-Training Readiness Solutions (W-TRS) task order.
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Pred 128 dňami
Bay Street May Open Slightly Higher
Canadian shares may track European markets and open slightly higher on Wednesday. The focus will be on U.S. Labor Department's preliminary revisions to labor data due later in the morning, and Fed Chair Jerome Powell's speech at Jackson Hole on Friday.
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Pred 128 dňami
TJX Companies Guides Q3 EPS Above Estimates; Boosts FY25 EPS Outlook - Update
While reporting financial results for the second quarter on Wednesday, off-price retailer TJX Companies, Inc. (TJX) provided its earnings and comparable store sales outlook for the third quarter and raised earnings outlook for the full-year 2025.
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Pred 128 dňami
Analog Devices Guides Q4 In Line With Estimates; Declares Dividend - Update
While reporting financial results for the third quarter on Wednesday, semiconductor company Analog Devices Inc. (ADI) provided earnings and revenue guidance for the fourth quarter, in line with analysts' expectations.
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Pred 128 dňami
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the European session on Wednesday.
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Pred 128 dňami
Sensex, Nifty End Slightly Higher; Pharma Stocks Top Gainers
Indian shares ended a choppy session slightly higher on Wednesday, tracking mixed cues from global markets.
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Pred 128 dňami
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