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Bay Street May Open Slightly Higher

Slightly higher U.S. and Canadian futures point to a positive start for the Canadian market Thursday morning. However, sluggish commodity prices and concerns about inflation and rate hikes are likely to render the mood cautious.
RTTNews | 1583 hari yang lalu
Xperi Holding Boosts FY22 Revenues Outlook

Xperi Holding Boosts FY22 Revenues Outlook

Xperi Holding Corp. (XPER) announced Thursday a $10 million increase in both its annual revenue and operating cash flow guidance for 2022, primarily due to a recently resolved contract dispute with a customer.
RTTNews | 1583 hari yang lalu
Euro Drops As Eurozone Business Activity Slows Sharply

Euro Drops As Eurozone Business Activity Slows Sharply

The euro declined against its major counterparts in the European session on Thursday, as Eurozone business growth slowed sharply to a 16-month low in June as demand stalled and price pressures remained elevated.
RTTNews | 1583 hari yang lalu
Eurozone Private Sector Growth At 16-Month Low

Eurozone Private Sector Growth At 16-Month Low

The euro area private sector expanded at the slowest pace in more than two years in June as manufacturing output contracted for the first time in two years and growth in the service sector eased sharply, preliminary data from S&P Global showed on Thursday. The composite output index fell to a 16-month low of 51.9 in June from 54.8 in the previous month. The score was forecast to ease moderately t
RTTNews | 1583 hari yang lalu
Accenture Trims FY22 EPS Outlook; Raises Dividend 10% - Update

Accenture Trims FY22 EPS Outlook; Raises Dividend 10% - Update

While reporting financial results for the third quarter on Thursday, professional services company Accenture Plc (ACN) trims its earnings outlook for the full-year 2022 and also provided revenue outlook for the fourth quarter.
RTTNews | 1583 hari yang lalu
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Apogee Enterprises Boosts FY23 Outlook As Q1 Results Top View

Apogee Enterprises Boosts FY23 Outlook As Q1 Results Top View

While reporting financial results for the first quarter on Thursday, Apogee Enterprises, Inc. (APOG) raised its adjusted earnings guidance for the full-year 2023, based on first-quarter results and increasing confidence in its outlook.
RTTNews | 1583 hari yang lalu
European Shares Extend Losses As Growth Worries Mount

European Shares Extend Losses As Growth Worries Mount

European stocks fell on Thursday to extend losses from the previous session, as Federal Reserve chair Jerome Powell acknowledged the possibility of a recession and data showed business activity in the eurozone slid to its lowest level in 16 months in June.
RTTNews | 1583 hari yang lalu
CAC 40 Slides On Weak Data

CAC 40 Slides On Weak Data

French stocks declined on Thursday after Federal Reserve Chair Jerome Powell said a soft landing for the economy is going to be very challenging and a recession is possible.
RTTNews | 1584 hari yang lalu
DAX Falls On Growth Worries

DAX Falls On Growth Worries

German stocks fell sharply on Thursday as Federal Reserve chair Jerome Powell acknowledged the possibility of a recession and data showed German manufacturers saw business activity slump to its lowest level in 23 months in June.
RTTNews | 1584 hari yang lalu

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