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General Mills Boosts FY23 Outlook As Q2 Results Top Estimates

General Mills Boosts FY23 Outlook As Q2 Results Top Estimates

Branded food company General Mills reported Tuesday a profit for the second quarter that edged up 1 percent from last year, driven by improved gross margins and 4 percent net sales growth. Both adjusted earnings per share and net sales topped analysts' estimates. The company also raised its adjusted earnings and organic net sales growth guidance for the full-year 2023.
RTTNews | 776 gün önce
Embecta Slips To Loss In Q4

Embecta Slips To Loss In Q4

Diabetes management company Embecta Corp. (EMBC), which listed on the NASDAQ on Apr.1, 2022 after spinning-off from medical technology company Becton, Dickinson and Co. (BDX), announced Tuesday a net loss of $17.2 million or $0.30 per share, compared to net income of $97.1 million or $1.70 per share in the prior-year quarter.
RTTNews | 776 gün önce
RBA Minutes Say Policymakers Discussed Pausing Rate Hikes

RBA Minutes Say Policymakers Discussed Pausing Rate Hikes

Policymakers of the Reserve Bank of Australia discussed pausing the interest rate hike at the last meeting of the year, citing the lagged effect of the previous adjustments. Nonetheless, further rate hikes are on cards based on incoming data. At the December meeting, policymakers observed that they should proceed cautiously given the uncertain environment.
RTTNews | 776 gün önce
Sensex, Nifty End Off Day's Lows

Sensex, Nifty End Off Day's Lows

Indian shares ended Tuesday's session lower as fears of a global recession lingered and the Bank of Japan (BoJ) expanded its 10-year Japanese government bond yield target band - raising fears of an eventual tightening in policy.
RTTNews | 776 gün önce
Japanese Yen Moves Up As BoJ Widens Bond Yield Target Band

Japanese Yen Moves Up As BoJ Widens Bond Yield Target Band

The Japanese yen gained ground against its major counterparts on Tuesday, as the Bank of Japan left its key interest rate unchanged and widened the band of 10-year Japanese government bond yield target to address disturbance in the bond market.
RTTNews | 776 gün önce
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CAC 40 Slumps On China COVID Concerns

CAC 40 Slumps On China COVID Concerns

French stocks slumped on Tuesday after the Bank of Japan widened its target band for interest rates - a move that analysts said would allow long-term interest rates to rise more.
RTTNews | 776 gün önce
DAX Dips On BoJ Policy Shift

DAX Dips On BoJ Policy Shift

German stocks fell sharply on Tuesday after the Bank of Japan expanded its 10-year Japanese government bond yield target band - raising fears of an eventual tightening in policy.
RTTNews | 776 gün önce
Bank Of Japan Widens 10-Year JGB Yield Target Band

Bank Of Japan Widens 10-Year JGB Yield Target Band

The Bank of Japan expanded its 10-year Japanese government bond yield target band on Tuesday, surprising market participants, pushing the yen sharply higher, and led to a fall in government bonds. At the policy meeting of the BoJ, board members unanimously decided to maintain a negative interest rate of -0.1 percent on current accounts that financial institutions maintain at the central bank.
RTTNews | 776 gün önce
Asian Shares Tumble After BoJ Policy Move

Asian Shares Tumble After BoJ Policy Move

Asian stocks tumbled on Tuesday and the yen surged against the dollar after the Bank of Japan said it would review its yield curve control policy and widened its target band for interest rates - a move that analysts said would allow long-term interest rates to rise more.
RTTNews | 776 gün önce

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