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Moderna Stock Up 6% As Q4 Results Top Estimates

Biotechnology company Moderna reported a profit for the fourth quarter that plunged from last year, reflecting a sharp drop in COVID-19 vaccines sales. However, both earnings per share and revenues for the quarter topped analysts' expectations. The company also reaffirmed its 2024 product sales outlook.
RTTNews | 952 hari yang lalu
Turkey Maintains Policy Rate At 45% Under New Governor

Turkey Maintains Policy Rate At 45% Under New Governor

The Turkish central bank left its benchmark rate unchanged at the first policy meeting under the governorship of Fatih Karahan after a slew of rate hikes, and signaled that the rate will be maintained at the current level or will be tightened further in case of persistent deterioration in the inflation outlook.
RTTNews | 952 hari yang lalu
Bay Street Likely To Open On Positive Note

Bay Street Likely To Open On Positive Note

Canadian shares are likely to open higher on Thursday, led by technology stocks after NVIDIA reported a sharp jump in its fourth-quarter profit and issued an encouraging revenue outlook for the first quarter.
RTTNews | 952 hari yang lalu
Eurozone Private Sector Contraction Slows As Services Activity Stabilize

Eurozone Private Sector Contraction Slows As Services Activity Stabilize

Eurozone private sector shrank at the slowest pace in eight months in February as a stabilization of output in the service sector offset a further steep contraction in manufacturing, flash survey results from S&P Global showed on Thursday. The flash HCOB composite output index posted 48.9 in February, up from 47.9 in the previous month. The expected score was 48.5.
RTTNews | 952 hari yang lalu
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Teleflex Q4 Results Top Estimates: Guides FY24 In Line With View

Teleflex Q4 Results Top Estimates: Guides FY24 In Line With View

Specialty medical devices provider Teleflex Inc. (TFX) reported Thursday that net income for the fourth quarter more than halved to $31.11 million or $0.66 per share from $78.59 million or $1.66 per share in the prior-year quarter.
RTTNews | 952 hari yang lalu
UK Private Sector Growth Accelerates On Upturn In Services Activity

UK Private Sector Growth Accelerates On Upturn In Services Activity

The UK private sector grew at the fastest pace in nine months in February, underpinned by another strong upturn in the services activity, flash survey results from S&P Global showed on Thursday. The composite output index rose to 53.3 in February, while the score was expected to remain unchanged at 52.9. A reading above 50.0 indicates expansion in the private sector.
RTTNews | 952 hari yang lalu
Nestle Profit Up, Sees Organic Growth In FY24, Backs FY25 View; Stock Down

Nestle Profit Up, Sees Organic Growth In FY24, Backs FY25 View; Stock Down

Nestle SA reported Thursday higher profit in its fiscal 2023, despite weak sales. Organic sales were higher, and the company projects organic growth in fiscal 2024 sales, with a moderate increase in margin. The Swiss food and beverage giant further confirmed fiscal 2025 outlook, expecting growth, and also lifted dividend. Nestle shares were losing around 4 percent in the morning trading...
RTTNews | 952 hari yang lalu
Eurozone Inflation Softens As Estimated

Eurozone Inflation Softens As Estimated

Eurozone inflation softened in January as initially estimated, largely due to the falling energy prices, final data from Eurostat revealed on Thursday. The harmonized index of consumer prices rose 2.8 percent on a yearly basis, slightly slower than the 2.9 percent increase in December. The rate came in line with the estimate released on February 1.
RTTNews | 952 hari yang lalu

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