Forex ziņas
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.
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683 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.
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683 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.
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683 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.
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683 days ago
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.
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683 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.
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683 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.
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683 days ago
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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.
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683 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.
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683 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.
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684 days ago
FTSE 100 Edges Lower Ahead Of Bailey Speech
U.K. stocks were moving lower on Wednesday after a steep drop in U.S. consumer confidence stoked worries about a slowdown.
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684 days ago
CAC 40 Slides Ahead Of Powell's Speech
French stocks fell notably on Wednesday, as renewed fears over a possible recession overshadowed recent optimism about China reopening.
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684 days ago
DAX Slips On Recession Worries
German shares fell sharply on Wednesday as dire U.S. consumer confidence data released overnight stoked concerns about the economic and earnings outlook.
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684 days ago