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U.S. Wholesale Inventories Unexpectedly Edge Higher In September

Wholesale inventories in the U.S. unexpectedly saw a modest increase in the month of September, according to a report released by the Commerce Department on Wednesday. The report said wholesale inventories rose by 0.2 percent in September after edging down by 0.1 percent in August. Economists had expected wholesale inventories to come in unchanged.
RTTNews | 1056 hari yang lalu
Teva Pharma Boosts FY23 Revenue Outlook - Update

Teva Pharma Boosts FY23 Revenue Outlook - Update

While reporting financial results for the third quarter on Wednesday, Teva Pharmaceutical Industries Ltd (TEVA) reaffirmed its adjusted earnings guidance for the full-year 2023, while raising annual revenue outlook.
RTTNews | 1056 hari yang lalu
Bay Street Likely To Open On Subdued Note

Bay Street Likely To Open On Subdued Note

Canadian shares are likely to see a somewhat muted start on Wednesday, tracking slight weakness in European markets and lower commodity prices. Activity may remain a bit stock specific with quarterly earnings updates providing direction.
RTTNews | 1056 hari yang lalu
Adient Q3 Results Miss Estimates; Guides FY24 Below View

Adient Q3 Results Miss Estimates; Guides FY24 Below View

Automotive seating firm Adient plc (ADNT) reported Wednesday that net income attributable to Adient for the fourth quarter surged to $135 million or $1.42 per share from $45 million or $0.47 per share in the prior-year quarter.
RTTNews | 1056 hari yang lalu
Eurozone Retail Sales Decline Moderates

Eurozone Retail Sales Decline Moderates

Euro area retail sales slump slowed in September as the deeper fall in the non-food segment was partially offset by the rebound in food sales, but the data cast doubt over the ability of household spending to contribute to economic output. Retail trade dropped 0.3 percent month-on-month in September, which was slower than August's revised 0.7 percent decline, figures from Eurostat showed Wednesda
RTTNews | 1056 hari yang lalu
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DHL Group Q3 Results Down, Cuts Outlook; Stock Up

DHL Group Q3 Results Down, Cuts Outlook; Stock Up

German logistics major DHL Group Wednesday reported lower earnings and revenues in its third quarter. Further, the company trimmed its earnings outlook for fiscal 2023 as well as fiscal 2025. However, the shares were gaining around 4 percent in the morning trading in Germany.
RTTNews | 1056 hari yang lalu
SeaWorld Entertainment Q3 Results Miss Estimates

SeaWorld Entertainment Q3 Results Miss Estimates

Theme park and entertainment company SeaWorld Entertainment, Inc. (SEAS) reported Wednesday that net income for the third quarter decreased to $123.56 million or $1.92 per share from $134.56 million or $1.99 per share in the prior-year quarter.
RTTNews | 1056 hari yang lalu
FTSE 100 Little Changed In Lackluster Trade

FTSE 100 Little Changed In Lackluster Trade

U.K. stocks were little changed on Wednesday as new survey data showed that economic uncertainty continued to damp the U.K. recruitment activity in October.
RTTNews | 1056 hari yang lalu

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