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Bay Street Likely To See Positive Start
Fairly strong earnings updates from Canadian and U.S. companies and firm commodity prices point to a positive start on Bay Street Thursday morning.
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1498 days ago
Arrow Electronics Guides Q3 In Line With Estimates - Update
While reporting financial results for the second quarter on Thursday, Arrow Electronics, Inc. (ARW) provided earnings, adjusted earnings and total sales guidance for the third quarter.
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1498 days ago
Myriad Genetics Trims FY22 Profit Outlook, But Q2 Results Top Estimates
While reporting financial results for the second quarter on Thursday, genetic testing firm Myriad Genetics, Inc. (MYGN) slashed its earnings and adjusted earnings guidance for the full year 2022, while maintaining annual revenue outlook.
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1498 days ago
Parker Hannifin Initiates FY23 Outlook; Q3 Profit Plunges
While reporting financial results for the fourth quarter on Thursday, Parker Hannifin Corp. (PH) initiated its earnings, adjusted earnings and organic sales growth guidance for the full-year 2022. The company said its outlook excludes the pending acquisition of Meggitt plc.
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1498 days ago
Zoetis Guides Trims FY22 Outlook; Q2 Profit Down 3%
While reporting financial results for the second quarter on Thursday, animal health company Zoetis Inc. (ZTS) trimmed its earnings and revenue guidance for the full year 2022.
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1498 days ago
Alibaba Q1 Profit Halves
Chinese e-commerce giant Alibaba Group Holdings Ltd. (BABA) reported Thursday net income for the first quarter halved from last year, hurt by a 1 decline in revenues and a decrease in the market prices of its equity investments in publicly-traded companies.
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1498 days ago
Pound Drops After BoE Decision
As expected, the Bank of England raised its key rate by 50 basis points to 1.75 percent from 1.25 percent. Following the decision, the pound weakened against its major counterparts.
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1498 days ago
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Pound Mixed Ahead Of BoE Decision
The Bank of England's monetary policy announcement is due at 7:00 am ET Thursday. The BoE is widely expected to raise its key rate by 50 basis points to 1.75 percent from 1.25 percent.
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1498 days ago
Sensex, Nifty Give Up Early Gains In Choppy Trade
Indian shares fluctuated before finishing marginally lower on Thursday, snapping a six-day winning streak.
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1498 days ago
European Shares Mostly Higher Ahead Of Bank Of England Meeting
European stocks were broadly higher on Thursday after data showed Germany's factory orders fell less than feared in June.
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1498 days ago
FTSE 100 Slides Ahead Of BoE Rate Decision
U.K. stocks fell on Thursday as investors awaited the Bank of England's interest-rate decision for direction.
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1498 days ago
Germany Factory Orders Fall Less Than Expected In June
Germany factory orders declined less than expected in June as the fall in foreign demand was partially offset by the improvement in domestic orders, data published by Destatis showed on Thursday. Factory orders decreased 0.4 percent on a monthly basis in June, after a revised 0.2 percent drop in May. Nonetheless, this was slower than the economists' forecast of -0.8 percent.
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1498 days ago
CAC 40 Edges Higher Led By Banks
French stocks were moving higher on Thursday, with sentiment underpinned by earnings optimism and better-than-expected factory orders data from Germany.
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1498 days ago
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