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BJ's Wholesale Club Appoints President And CEO Bob Eddy As Chairman
BJ's Wholesale Club Holdings, Inc. (BJ), a leading operator of membership warehouse clubs, announced Thursday that its board of directors has appointed President and Chief Executive Officer Bob Eddy as chairman of the board, effective June 15, 2023. Eddy will succeed Chris Baldwin, who will remain on the company's board as a director.
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Markets Digest Fed Cues, Wait For ECB
Here is a snapshot of the world markets at this hour across stocks, currencies, bonds, commodities and cryptocurrencies.
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Becton, Dickinson Boosts FY23 Outlook - Update
While reporting financial results for the second quarter on Thursday, medical technology company Becton, Dickinson and Co. (BDX) raised its adjusted earnings and revenue outlook for fiscal 2023.
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Sensex, Nifty End Higher As Financials Rally
Indian shares rose notably on Thursday as falling oil prices and gains in rupee offset weak global cues.
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European Shares Decline Ahead Of ECB Decision
European stocks traded lower on Thursday as investors digested the Fed's 25-bps rate hike announcement and awaited a European Central Bank (ECB) decision later in the day.
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Swiss Franc Exhibits Weakness Against Majors
The Swiss franc dropped against its major counterparts in the European session on Thursday, as investors digested mixed signals from the U.S. Federal Reserve on rate-hike plans.
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FTSE 100 Dips On US Bank Woes
U.K. stocks declined on Thursday amid signs that another U.S. bank is on the brink of collapse.
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CAC 40 Slips Into Red With Rate Decisions In Focus
French stocks were a tad lower on Thursday after the U.S. Federal Reserve raised rates by 25 bps, as widely expected, and signaled it may pause further rate increases depending on incoming data.
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German Exports Fall More Than Expected
Germany's exports registered a renewed sharper-than-expected decline in March on weak demand from China and the US, official data showed on Thursday. Exports decreased 5.2 percent on a monthly basis in March, offsetting the 4.0 percent increase in February, Destatis reported Thursday. Exports were forecast to drop moderately by 2.4 percent.
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DAX Dips Ahead Of ECB Rate Decision
German stocks edged lower on Thursday, with corporate earnings results and central bank decisions in focus.
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Asian Shares End Flat To Higher In Cautious Trade
Asian stocks ended flat to slightly higher on Thursday despite weak China data and mixed signals from the U.S. Federal Reserve on rate-hike plans.
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US Dollar Falls As Fed Signals Pause In Further Rate Hike
The U.S. dollar weakened against other major currencies in the Asian session on Thursday, as the Federal Reserve signaled it may pause further rate hike after the U.S. Fed hiked interest rates for the tenth straight time on Wednesday overnight.
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European Economic News Preview: ECB Monetary Policy Announcement Due
The European Central Bank is set to announce its monetary policy decision on Thursday after the US Federal Reserve lifted its interest rates by another quarter point. The ECB is also widely seen raising the key refi rate by 25 basis points as inflation is expected to remain high for too long. The announcement is due at 8.15 am ET.
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