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Kroger Q2 Profit Rises, Backs FY26 Adj. Earnings View, Cuts Sales Growth Forecast; Stock Drops
Supermarket chain Kroger Co. reported Friday higher profit and sales in its second quarter, while Identical Sales growth was slower than the prior year. Further, the firm maintained adjusted earnings outlook for fiscal 2026, but trimmed growth view for identical sales without fuel. In the pre-market activity on the NYSE, the shares were losing around 2.62 percent.
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47 minutes ago
UK Stocks Rise On GDP Growth, Oil Price Decline
UK stocks advanced Friday as July GDP growth of 0.4% beat expectations and oil prices tumbled following downward IEA demand revisions. The FTSE 100 reached 10,674.52, up 0.61% despite ongoing US-Iran concerns.
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1h 0min ago
French Stocks Rise On Oil Price Drop, Middle East Concerns Persist
French equities recovered Friday with the CAC 40 rising to 8,167.27 points after the IEA lowered its global oil demand forecast. Brent crude futures declined 3.5% to $104.00 a barrel.
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1h 28min ago
Indian Shares End Off Day's Lows As Oil Prices Ease
Indian shares ended Friday's session lower as Middle East tensions persisted, and investors awaited key U.S. CPI data later in the day for additional clues on the Federal Reserve's rate trajectory.
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1h 56min ago
German Stocks Move Modestly Higher As Oil Prices Fall Sharply
German stocks moved higher on Friday, recovering from losses posted in the previous two sessions, as oil prices fell sharply following the International Energy Agency (IEA) revising downward its world oil demand forecast for the year.
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2h 12min ago
Gold Edges Higher As Oil Prices Ease After Recent Surge
Gold edged higher on Friday as oil prices slipped from recent highs and investors awaited key U.S. CPI data later in the day for additional clues on the Federal Reserve's rate trajectory.
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2h 27min ago
Oil Prices Edge Lower As IEA Further Cuts Oil Demand Forecast
Oil prices traded lower on Friday but headed for a sharp weekly gain amid escalating U.S.-Iran tensions and concerns over prolonged disruption to global energy supplies.
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2h 44min ago
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Canadian Dollar Falls Against Majors
The Canadian dollar weakened against other major currencies in the European session on Friday.
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2h 47min ago
NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against other major currencies in the European session Friday.
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2h 53min ago
European Shares Rise As Oil Prices Ease After Recent Surge
European stocks traded higher on Friday as oil prices fell from recent highs and data showed the U.K. economy expanded at a faster pace in July, driven by services and industrial production.
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3h 18min ago
UK Economy Expands Unexpectedly
The UK economy expanded unexpectedly in July as artificial intelligence and cloud computing boosted services output, official data revealed Friday. Gross domestic product posted a monthly growth of 0.4 percent, following an increase of 0.3 percent in June and no growth in May, the Office for National Statistics reported. GDP was expected to remain flat in July.
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3h 19min ago
Asian Shares Retreat On Inflation Fears
Asian stocks fell sharply on Friday following a fourth straight session of losses on Wall Street.
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3h 47min ago
European Shares Set For Lackluster Open; US CPI Data Eyed
European stocks may struggle for direction at open on Friday as rising energy prices and Treasury yields added to concerns about the outlook for interest rates.
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6h 44min ago
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