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TSX Up Nearly 1%; Materials Shares Rally

The Canadian market is up firmly in positive territory around late afternoon on Tuesday, with materials stocks leading the benchmark up north.
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U.S. Housing Starts Unexpectedly Spike To Six-Month High In November

U.S. Housing Starts Unexpectedly Spike To Six-Month High In November

The Commerce Department released a report on Tuesday unexpectedly showing a substantial increase in new residential construction in the U.S. in the month of November. The report said housing starts soared by 14.8 percent to an annual rate of 1.560 million in November. With the unexpected spike, housing starts reached their highest level since hitting an annual rate of 1.583 million in May.
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FactSet Q1 Results Top Estimates, But Trims FY24 Outlook

FactSet Q1 Results Top Estimates, But Trims FY24 Outlook

FactSet Research Systems, Inc. (FDS) reported Tuesday that net income for the first quarter increased to $148.56 million or $3.84 per share from $136.80 million or $3.52 per share in the prior-year quarter.
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Japan Govt Keeps Economic View Unchanged

Japan Govt Keeps Economic View Unchanged

Japan's government retained its economic assessment on Tuesday as corporate conditions are improving and inflation showed signs of moderation. In the monthly report, the cabinet office maintained its assessment, saying that the economy is recovering at a moderate pace, although it recently appears to be pausing in part.
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Google To Pay $700 Mln In Antitrust Play Store Settlement

Google To Pay $700 Mln In Antitrust Play Store Settlement

Alphabet Inc.'s Google has agreed to pay $700 million to settle a lawsuit filed by a group of US states over competition concerns related to its Android App Store. The tech major also agreed to make changes to the way the Android system works, and to allow more competition in its Play app store.
RTTNews | 1015 hari yang lalu
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ADM To Acquire UK-based FDL For Undisclosed Terms

ADM To Acquire UK-based FDL For Undisclosed Terms

Food processing company Archer-Daniels-Midland Co. or ADM (ADM) announced Tuesday that it has reached an agreement to acquire UK-based FDL, a leading developer and producer of premium flavor and functional ingredient systems.
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Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Tuesday.
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Bank Of France Says French Economy To Avoid Recession

Bank Of France Says French Economy To Avoid Recession

The Bank of France trimmed the French economic growth estimate for this year to 0.8 percent from 0.9 percent on Tuesday, but retained the projections for next two years. Gross domestic product is forecast to grow 0.9 percent next year and 1.3 percent in 2025. Growth is seen improving to 1.6 percent in 2026.
RTTNews | 1015 hari yang lalu

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