Forex News
U.S. Economy Shrinks Slightly More Than Previously Estimated In First Quarter
Revised data released by the Commerce Department on Wednesday showed U.S. economic activity shrank by slightly more than previously estimated in the first quarter of 2022. The report showed the decrease in real gross domestic product in the first quarter was revised to 1.6 percent from the previously reported 1.5 percent.
RTTNews |
687 days ago
UniFirst Slashes FY22 Earnings Outlook As Q3 Adj. EPS Misses Estimates
While reporting financial results for the third quarter on Wednesday, UniFirst Corp. (UNF) slashed its earnings and adjusted earnings outlook for the full-year 2022, while raising annual revenue outlook.
RTTNews
|
687 days ago
Paychex Guides FY23 Adj. EPS Above View As Q4 Results Top Estimates
While reporting financial results for the fourth quarter and fiscal 2022 on Thursday, payroll and HR services provider Paychex Inc. (PAYX) initiated adjusted earnings guidance for the full year 2023, above analysts' estimates.
RTTNews
|
688 days ago
U.S. GDP Decreases By Slightly More Than Previously Estimated In First Quarter
Revised data released by the Commerce Department on Wednesday showed U.S. economist activity shrank by slightly more than previously estimated in the first quarter of 2022.
RTTNews
|
688 days ago
Canadian Shares Likely To Open On Mixed Note
Canadian shares are likely to open on a mixed note on Wednesday, with investors tracking weak European stocks and higher crude oil prices.
RTTNews
|
688 days ago
Bed Bath & Beyond Q1 Results Miss Estimates
Home improvement retailer Bed Bath & Beyond, Inc. (BBBY) reported on Wednesday a net loss for first quarter that sharply widened from last year, hurt by hefty transient costs related to inventory markdown reserves and port-related supply chain fees. Both adjusted loss per share and net sales missed analysts' expectations.
RTTNews
|
688 days ago
General Mills Initiates FY23 Outlook; Boosts Qtly Dividend 6% - Update
While reporting financial results for the fourth quarter and fiscal 2022 on Wednesday, branded food company General Mills, Inc. (GIS) initiated constant-currency adjusted earnings per share and organic net sales growth guidance for the full-year 2023.
RTTNews
|
688 days ago
more news
Eurozone Economic Confidence At 15-Month Low
Eurozone economic confidence weakened to a 15-month low in June, reflecting the deterioration of morale among consumers and construction managers, survey results from the European Commission showed Wednesday. The economic confidence index fell to 104.0 in June from 105.0 in May. This was the lowest score since March 2021 but remained above economists' forecast of 103.0.
RTTNews
|
688 days ago
Indian Rupee Hits Record Low Against U.S. Dollar
The Indian rupee drifted lower against the U.S. dollar in evening deals on Wednesday, as renewed concerns about inflation and the risk of recession dragged down regional stocks.
RTTNews
|
688 days ago
Lilly To Supply Addl. 150K Doses Of Bebtelovimab To U.S. Government For About $275 Mln
Eli Lilly and Co. (LLY) announced Wednesday a modified purchase agreement with the U.S. government to supply an additional 150,000 doses of bebtelovimab for approximately $275 million. The existing U.S. government supply of bebtelovimab, including the new purchase, is expected to meet present demand through late August 2022.
RTTNews
|
688 days ago
McCormick Slashes FY22 Earnings Outlook - Update
While reporting financial results for the second quarter on Wednesday, flavor maker McCormick & Co., Inc. (MKC) trimmed its earnings and adjusted earnings guidance for the full year 2022, while maintaining annual sales growth outlook.
RTTNews
|
688 days ago
Sensex, Nifty Snap Four-day Winning Streak
Indian shares ended slightly lower on Wednesday to snap a four-day winning streak, as renewed concerns about inflation and the risk of recession weighed on the rupee,
which fell 19 paise to close at a new record low of 79.04 against the dollar.
RTTNews
|
688 days ago
European Shares Decline After Spain Inflation Surge
European stocks fell on Wednesday following a three-day rally. A cautious undertone prevailed ahead of a speech by European Central Bank President Christine Lagarde at the Sintra forum, alongside Federal Reserve Chairman Jerome Powell and Bank of England Governor Andrew Baile.
RTTNews
|
688 days ago
Stay up to date!
Add News to your browser
