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Canadian Dollar Slides On Economic Worries

The Canadian dollar dropped against its most major counterparts in the New York session on Thursday, as weaker-than-expected manufacturing data pointed to a slowdown in the economy.
RTTNews | Pred 159 dňami
U.S. Construction Spending Unexpectedly Dips 0.3% In June

U.S. Construction Spending Unexpectedly Dips 0.3% In June

Construction spending in the U.S. unexpectedly decreased in the month of June, according to a report released by the Commerce Department on Thursday. The Commerce Department said construction spending slipped by 0.3 percent to an annual rate of $2.148 trillion in June after falling by 0.4 percent to a revised rate of $2.155 trillion in May.
RTTNews | Pred 159 dňami
U.S. Manufacturing Index Unexpectedly Indicates Accelerated Contraction In July

U.S. Manufacturing Index Unexpectedly Indicates Accelerated Contraction In July

The Institute for Supply Management released a report on Thursday showed U.S. manufacturing activity unexpectedly contracted at an accelerated rate in the month of July. The ISM said its manufacturing PMI fell to 46.8 in July from 48.5 in June, with a reading below 50 indicating contraction. Economists had expected the index to inch up to 48.8 percent.
RTTNews | Pred 159 dňami
Hyundai Motor America July Total Sales Up 4%

Hyundai Motor America July Total Sales Up 4%

Hyundai Motor America reported Thursday that it sold a total of 69,202 units in the month of July, up 4 percent from last year's 66,527 units, driven by best ever July total sales record for Elantra HEV, Santa Fe HEV, Tucson HEV and Palisade. Hybrid total sales surge 67 percent in July.
RTTNews | Pred 159 dňami
U.S. Labor Productivity Surges 2.3% In Q2, More Than Expected

U.S. Labor Productivity Surges 2.3% In Q2, More Than Expected

Labor productivity in the U.S. shot up by more than expected in the second quarter, according to a report released by the Labor Department on Thursday. The Labor Department said labor productivity surged by 2.3 percent in the second quarter after rising by a revised 0.4 percent in the first quarter.
RTTNews | Pred 159 dňami
U.S. Jobless Claims Climb To Highest Level In Almost A Year

U.S. Jobless Claims Climb To Highest Level In Almost A Year

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by much more than expected in the week ended July 27th. The report said initial jobless claims climbed to 249,000, an increase of 14,000 from the previous week's unrevised level of 235,000.
RTTNews | Pred 159 dňami
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R1 RCM To Be Taken Private By TowerBrook And CD&R For $8.9 Bln Cash

R1 RCM To Be Taken Private By TowerBrook And CD&R For $8.9 Bln Cash

R1 RCM, Inc. (RCM) announced Thursday that it has entered into a definitive agreement to be acquired by investment funds affiliated with TowerBrook Capital Partners and Clayton, Dubilier & Rice or CD&R, in an all-cash transaction with an enterprise value of approximately $8.9 billion.
RTTNews | Pred 159 dňami
BMW Backs FY24 Profit View After Q2 Results Drop; Stock Down

BMW Backs FY24 Profit View After Q2 Results Drop; Stock Down

Shares of BMW Group were losing around 2 percent in the German trading after the automajor reported Thursday weak profit, revenues and deliveries in its second quarter. Looking ahead for fiscal 2024, the company continues to expect Group profit before tax to decrease slightly due to higher manufacturing and fixed costs.
RTTNews | Pred 159 dňami
Itron Q2 Results Top Estimates; Boosts FY24 Outlook; Stock Up 7%

Itron Q2 Results Top Estimates; Boosts FY24 Outlook; Stock Up 7%

Itron, Inc. (ITRI) reported Thursday that net income attributable to the company for the second quarter of $51.32 million or $1.10 per share, sharply higher than $24.20 million or $0.53 per share in the prior-year quarter. Excluding items, adjusted earnings for the quarter were $1.21 per share, compared to $0.65 per share last year.
RTTNews | Pred 159 dňami
U.S. Initial Jobless Claims Increase Much More Than Expected

U.S. Initial Jobless Claims Increase Much More Than Expected

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by much more than expected in the week ended July 27th.
RTTNews | Pred 159 dňami
Bay Street Likely To Open With Slightly Positive Bias

Bay Street Likely To Open With Slightly Positive Bias

Canadian shares are likely to open with a positive bias Thursday morning, tracking higher crude oil and bullion prices. Activity for most part of the session is likely to be stock specific with investors reacting to a slew of quarterly earnings announcements.
RTTNews | Pred 159 dňami

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