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Unity Bancorp Q4 EPS Misses Estimates
Unity Bancorp, Inc. (UNTY), parent company of Unity Bank, reported Friday a fourth-quarter net income of $10.0 million or $0.93 per share, compared to $9.7 million or $0.93 per share in the prior-year quarter.
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UnitedHealth Group Affirms FY23 Outlook - Update
While reporting financial results for the fourth quarter and fiscal 2022 on Friday, diversified health care company UnitedHealth Group, Inc. (UNH) affirmed its earnings, adjusted earnings and revenue outlook for the full-year 2023 which was established at its November 29h Investor Conference.
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Sensex, Nifty Reverse Course To End Higher
Indian shares reversed early losses to finish higher on Friday, as positive global cues and encouraging macroeconomic data helped offset a mixed set of earnings results from prominent IT companies.
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UK Economy Unexpectedly Expands In November
The UK economy unexpectedly expanded in November as the FIFA World Cup boosted sales of food and beverages, data from the Office for National Statistics revealed Friday.
Gross domestic product grew 0.1 percent on a monthly basis in November, confounding expectations for a fall of 0.2 percent. Nonetheless, the pace of growth eased sharply from 0.5 percent in October.
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Yen Strengthens Ahead Of BoJ Decision
The Japanese yen climbed against its major counterparts on Friday, on growing hopes that the Bank of Japan may change the yield curve control policy further when it meets next week.
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German Economy Grows 1.90% In 2022 To Beat Expectations. Can It Avoid Recession?
Germany's gross domestic product growth slowed less than expected in the year 2022, driven mainly by private consumption and investment in machinery, and returned to pre-pandemic levels. Despite the better performance, economists continue to look forward to a mild recession in the biggest euro area economy this year.
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European Shares Extend Gains As Growth, Rate Hike Worries Ease
European stocks rose on Friday to hover near a nine-month high, as investors cheered signs of slowing U.S. inflation and better-than-expected trade data from China.
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more news
FTSE 100 Rises As GDP Beats Forecasts
U.K stocks rose notably on Friday as data showed the British economy unexpectedly grew in November.
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CAC 40 Edges Higher As Focus Shifts To US Bank Earnings
French stocks advanced on Friday as investors monitored the outlook for inflation and monetary policy.
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DAX Little Changed Ahead Of GDP Data
German stocks held steady on Friday as signs of slowing U.S. inflation fueled bets the Federal Reserve would take a softer approach to its aggressive rate-hike policy.
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Asian Shares Mostly Higher As Fed Worries Ease; Nikkei Bucks Trend
Asian stocks ended mostly higher on Friday as data showing a slowdown in U.S. inflation helped calm worries over the Federal Reserve's rate-hike trajectory.
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China Exports Fall At Faster Pace On Weaker Demand
China's exports declined at a faster pace at the end of the year as the global demand weakens amid fears of a recession, and also due to the domestic pandemic-related restrictions that continued to disrupt the industrial activity. The annual decline in exports worsened to 9.9 percent in December from 8.9 percent in November, the General Administration of Customs reportedly said Friday.
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European Economics News Preview: UK & Germany GDP Data Due
National accounts from the UK and Germany are the top economic news due on Friday, headlining a busy day for the European economic news. At 2.00 am ET, the Office for National Statistics is scheduled to issue UK GDP, industrial production and foreign trade data. The economy is forecast to shrink 0.2 percent on month in November, in contrast to the 0.5 percent expansion in October.
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