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Sonic Automotive Q4 Results Miss Estimates

Automotive retailer Sonic Automotive, Inc. (SAH) reported Wednesday net income for the fourth quarter of $38.7 million or $1.11 per share, compared to a net loss of $190.90 million or $5.22 per share in the prior-year quarter.
RTTNews | 960 hari yang lalu
Taylor Morrison Home Q4 Results Top Estimates

Taylor Morrison Home Q4 Results Top Estimates

Taylor Morrison Home Corp. (TMHC) reported Wednesday that net income for the fourth quarter plunged to $172.59 million or $1.58 per share from $275.33 million or $2.51 per share in the prior-year quarter.
RTTNews | 960 hari yang lalu
Thyssenkrupp Stock Down On Q1 Loss, FY24 Warning; To Cut 2,370 Jobs

Thyssenkrupp Stock Down On Q1 Loss, FY24 Warning; To Cut 2,370 Jobs

Shares of thyssenKrupp AG were losing around 9 percent in the morning trading on Germany's XETRA after the industrial engineering and steel company reported Wednesday a net loss in its first quarter, compared to prior year's profit as sales and order intake were lower as expected due to market effects. The company also trimmed its earnings and sales forecast for fiscal 2024 on weak demand.
RTTNews | 960 hari yang lalu
Pound Falls After U.K. Inflation Data

Pound Falls After U.K. Inflation Data

The British pound weakened against other major currencies in the European session on Wednesday, after data showed that the U.K. consumer price inflation remained unchanged in January, while the rate was forecast to rise.
RTTNews | 960 hari yang lalu
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DAX Little Changed As Early Rate-cut Hopes Fade

DAX Little Changed As Early Rate-cut Hopes Fade

German stocks were little changed on Wednesday as hotter-than-expected U.S. inflation data dented hopes for early rate cuts and geopolitical tensions continued in the Middle East and eastern Europe.
RTTNews | 960 hari yang lalu
Asian Shares Retreat As Traders Pare Rate Cut Bets

Asian Shares Retreat As Traders Pare Rate Cut Bets

Asian stocks followed Wall Street lower on Wednesday as higher-than-anticipated U.S. consumer inflation data released Friday shrank the odds of early rate cuts by the Federal Reserve before July.
RTTNews | 960 hari yang lalu
Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Wednesday.
RTTNews | 960 hari yang lalu
Pound Falls After U.K. CPI, PPI Data

Pound Falls After U.K. CPI, PPI Data

At 2:00 am ET Wednesday, the Office for National Statistics released U.K. consumer and producer prices for January.
RTTNews | 960 hari yang lalu
Pound Mixed Ahead Of U.K. CPI, PPI Data

Pound Mixed Ahead Of U.K. CPI, PPI Data

At 2:00 am ET Wednesday, the Office for National Statistics releases U.K. consumer and producer prices for January. Inflation is seen rising to 4.1 percent from 4.0 percent in December. Output prices are expected to decline 0.5 percent on year, in contrast to the 0.1 percent gain a month ago.
RTTNews | 960 hari yang lalu

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