Capri Holdings Guides FY24 EPS Above Estimates - Update

Capri Holdings Backs FY22 EPS Outlook, But Trimmed Revenue Forecast

While reporting financial results for the second quarter on Wednesday, fashion luxury group Capri Holdings Ltd. (CPRI) maintains its earnings guidance for the full-year 2023, while trimming annual revenue outlook. The company also provided forecast for the third quarter.

RTTNews | 1449 hari yang lalu

Fed Leaves Interest Rates Unchanged, Pledges To 'Deliver Price Stability'

After raising interest rates for the first time in three years last month, the Federal Reserve on Wednesday announced its widely expected decision to leave interest rates unchanged following its latest meeting. The Fed said it decided to maintain the target range for the federal funds rate at 3.75 to 4.0 percent in support of its dual goals.

RTTNews | 1 jam 27 menit yang lalu

Swiss Market Ends Marginally Down; Logitech Tanks On Results

The Switzerland stock market, which opened on a weak note on Wednesday, languished in negative territory except for a few minutes a little past mid-afternoon, as investors largely made cautious moves, reacting to earnings and other corporate news.

RTTNews | 1 jam 33 menit yang lalu

Major European Markets Close Flat As Investors React To Earnings Ahead Of Fed Policy

European stocks turned in a mixed performance on Wednesday as investors reacted to a slew of corporate earnings announcements and looked ahead to the monetary policy announcement from the Federal Reserve later in the day. A sharp rise in oil prices rendered the mood a bit cautious.

RTTNews | 2 jam 16 menit yang lalu

Energy Stocks Shine In Canadian Market; BoC Raises Interest Rate

Canadian stocks are turning in a mixed performance on Wednesday with investors digesting the Bank of Canada's announcement of a 25-basis point rate hike, in addition to tracking corporate earnings news and the trend in commodities markets.

RTTNews | 4 jam 42 menit yang lalu

NZ Dollar Falls As RBNZ Holds Key Rate Defying Market Expectation

The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday, as the Reserve Bank of New Zealand or the RBNZ unexpected interest rate weighed on the currency.

RTTNews | 5 jam 12 menit yang lalu

GE HealthCare Shares Rise 7% On Higher Q3 Results, FY26 Outlook Upgrade

Shares of GE HealthCare Technologies Inc. were gaining around 7 percent in the morning trading on Nasdaq after the company on Wednesday reported higher third-quarter results and lifted fiscal 2026 outlook. The Company also announced that Jeannette Bankes, President and CEO, Patient Care Solutions, will be leaving for a CEO role at another firm.

RTTNews | 5 jam 27 menit yang lalu

Bank Of Canada Raises Rates By Quarter Point Amid Rising Cost Pressures

After leaving interest rates unchanged for seven consecutive meetings, the Bank of Canada on Wednesday announced its widely expected decision to raise rates by a quarter point. The Bank of Canada said it decided to increase its target for the overnight rate by 25 basis points to 2.5 percent, with the Bank Rate at 2.75 percent and the deposit rate at 2.45 percent.

RTTNews | 5 jam 30 menit yang lalu

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