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Disney Q2 Profit Down, Sees Earnings Growth In FY26, FY27; Plans At Least $8 Bln Buyback; Stock Up
Walt Disney Co. reported Wednesday lower net profit in its second quarter, while segment operating income increased with higher revenues. Further, the media and entertainment major updated its fiscal 2026 outlook, and maintained fiscal 2027 earnings growth view. The company also said it is targeting at least $8 billion in share repurchases in fiscal 2026.
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128 days ago
Eurozone Private Sector Shrinks For First Time Since 2024
Euro area private sector contracted for the first time in nearly one-and-a--half years as the ongoing war in the Middle East acted as a drag on services activity, final results of the purchasing managers' survey by S&P Global showed on Wednesday. The composite output index fell to 48.8 in April from 50.7 in the previous month. The reading was moderately above the flash estimate of 48.6.
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128 days ago
Sensex, Nifty Close Notably Higher On Strong Earnings, U.S.-Iran Peace Deal Hopes
After opening on a bright note, Indian stocks gradually shed ground and slipped into negative territory around early afternoon but recovered swiftly and eventually ended the session with strong gains.
Slightly lower oil prices, the rupee's recovery against the U.S. dollar, and optimism over a potential U.S.-Iran peace deal contributed to mar
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128 days ago
Peace Hopes, AI Boost Lift Asian Bourses
Major stock markets in Asia surged on Wednesday tracking the strong gains in Wall Street, attributed to AI-momentum and U.S.-Iran peace deal hopes.
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128 days ago
CVS Health Lifts FY26 Outlook After Q1 Results Rise; Stock Gains
CVS Health Corp. on Wednesday reported higher profit and revenues in its first quarter and raised fiscal 2026 outlook. According to the health solutions major, the updated outlook reflects increases in the Health Care Benefits and Pharmacy & Consumer Wellness segments. In pre-market activity, CVS shares were gaining around 4.7 percent
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128 days ago
FTSE 100 Climbs Higher; Miners, Banks Post Strong Gains
UK stock market's benchmark index FTSE 100 climbed up sharply Wednesday morning, buoyed by optimism over a potential U.S.-Iran peace deal after U.S. President Donald Trump's announcement of a temporary suspension of "Project Freedom" in order to resume negotiations with Iran.
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128 days ago
CAC 40 Rises Sharply As Earnings, U.S.-Iran Peace Deal Hopes Lift Sentiment
French stocks climbed higher on Wednesday, lifted by some strong earnings updates, and hopes of a U.S.-Iran peace deal following U.S. President Donald Trump's announcement of a temporary suspension of "Project Freedom" in order to resume negotiations with Iran.
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128 days ago
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DAX Rises Sharply On Earnings, U.S.-Iran Peace Deal Hopes
The German stock market gained good ground in positive territory on Wednesday amid optimism over U.S. and Iran striking a peace deal.
Investors also digested a slew of earnings announcements from leading German companies.
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128 days ago
U.S. Dollar Drops Against Majors
The U.S. dollar fell against its major counterparts in the New York session on Tuesday.
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128 days ago
Yen Rises Amid Japan Fx Intervention
The Japanese yen strengthened against other major currencies in the Asian session on Wednesday, amid potential large-scale government actions.
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128 days ago
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Wednesday.
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128 days ago
European Stocks Seen Gaining On Wednesday
Stock markets in Europe are expected to open on an emphatically positive note on Wednesday. Optimism over a potential U.S.-Iran peace deal signaled by President Donald Trump, that has lifted market sentiment globally is expected to be reflected in the European markets also.
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128 days ago
European Economic News Preview: Eurozone Final Composite PMI Due
Final composite Purchasing Managers' survey results from the euro area and the UK are due on Wednesday, headlining a busy day for the European economic news. At 2.45 am ET, France's statistical office INSEE publishes industrial production data for March. Economists forecast industrial output to grow 0.5 percent on a monthly basis in March, in contrast to the 0.7 percent fall in February.
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128 days ago
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