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Lowe's Guides FY23 Earnings In Line With Estimates - Update
While reporting financial results for the fourth quarter on Wednesday, home improvement retailer Lowe's Cos., Inc. (LOW) initiated its earnings, total sales and comparable sales guidance for the full-year 2023.
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1293 days ago
German Unemployment Remains Stable Despite Challenging Conditions
Germany's jobless rate remained stable in February underscoring the strength of the labor market despite strong signs of recession, official data showed Wednesday. The unemployment rate held steady at 5.5 percent in February, the Federal Labor Agency reported. The rate also came in line with expectations.
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1293 days ago
Equinor To Acquire Equity Interest In Five Discoveries For Undisclosed Terms
Equinor ASA (EQNR), a Norwegian petroleum company, announced Wednesday it has signed an agreement to acquire equity interest in five discoveries in the Troll, Fram and Kvitebjorn area in the North Sea on the Norwegian continental shelf (NCS) from Wellesley Petroleum AS.
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1293 days ago
Sensex, Nifty Snap 8-day Losing Streak On Strong China Data
Indian shares ended notably higher on Wednesday after eight consecutive sessions of losses.
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1293 days ago
Australian, NZ Dollars Higher On Solid China Data
The Australian and NZ dollars climbed against their major counterparts in the Asian session on Wednesday, as strong factory activity data out of China lifted risk sentiment.
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1293 days ago
UK House Prices Log First Fall Since Mid-2020 - Nationwide
UK house prices registered the first annual fall since June 2020 as squeeze on household income from higher interest rates and inflation damped demand in the property market, data from Nationwide Building Society showed Wednesday. House prices declined 1.1 percent on a yearly basis in February, offsetting the 1.1 percent increase in January. Economists had forecast a 0.9 percent fall.
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1293 days ago
European Shares Gain On China Optimism
European stocks were moving higher on Wednesday, as upbeat manufacturing and non-manufacturing data from China helped offset investor concerns over stubborn inflation and fears of further U.S. interest-rate hikes.
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1293 days ago
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FTSE 100 Gains As Miners Jump On China Optimism
U.K. stocks rose on Wednesday, led by gains in the mining sector after China's manufacturing activity surged to its highest reading in more than a decade.
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1293 days ago
CAC 40 Edges Higher On Upbeat China Data
French stocks advanced on Wednesday as improved readings on China's manufacturing and non-manufacturing in February reflected the solid momentum of post reopening recovery.
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1293 days ago
FDA Restricts Unlawful Import Of Xylazine
The U.S. Food and Drug Administration said it has taken steps to restrict unlawful imports of xylazine, an animal tranquilizer that has increasingly been found in illicit drugs, into the United States. With this, the Federal regulator aims to prevent the drug from entering the U.S. market for illicit purposes, while maintaining availability for legitimate use in animals.
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1293 days ago
DAX Rises On China Data
German stocks opened higher on Wednesday as better-than-expected Chinese data helped investors shrug off recent concerns about inflation and interest-rate rises.
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1293 days ago
Asian Shares Gain On Strong China Data
Asian stock rose broadly on Wednesday as strong manufacturing data from China helped offset investor concerns over stubborn inflation and fears of further U.S. interest-rate hikes.
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1293 days ago
European Economic News Preview: Eurozone Final Factory PMI Data Due
Final factory 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 2.00 am ET, UK Nationwide house price data is due. House prices are forecast to fall 0.9 percent annually after rising 1.1 percent in January. In the meantime, Destatis is scheduled to issue Germany's labor market statistics for January.
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1293 days ago
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