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UPS Sees Q4 Revenues Above Street As Q3 Beats Market, Despite A Fall; Stock Gains
Shares of United Parcel Service Inc. were gaining around 9 percent in the pre-market activity on Tuesday after the logistics major issued fourth-quarter outlook for revenues above market estimates after the third-quarter adjusted earnings and top line beat the Street. On a reported basis, third-quarter earnings were down mainly as revenues were hit by weak results in U.S. Domestic and Supply Chain
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323 days ago
FTSE 100 Flat; HSBC Holdings, Airtel Africa Rise After Results
U.K.'s FTSE 100 index is moving in a very narrow range on Tuesday with stocks turning in a mixed performance as investors react to earnings updates, and look ahead to crucial central bank meetings, and continue to follow the developments on the trade front for further direction.
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323 days ago
CAC 40 Down Slightly; Earnings In Focus
French stocks are turning in a mixed performance on Tuesday with investors reacting to some quarterly earnings announcements, and awaiting the upcoming meeting of U.S. President Donald Trump and Chinese President Xi Jinping, and monetary policy decisions from central banks, including the European Central Bank, the Federal Reserve and the Bank of Japan.
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323 days ago
Pound Falls Amid BoE Rate Cut Speculation
The British pound weakened against other major currencies in the European session on Tuesday, as traders speculate that the Bank of England (BoE) is likely to deliver a 25-basis-point rate cut in November.
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323 days ago
Sensex Drops 150 Points; Nifty Ends Below 25,950
Indian shares ended modestly lower on Tuesday as investors locked in some profits after recent gains.
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323 days ago
Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Tuesday.
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323 days ago
DAX Down Marginally In Cautious Trade As Investors Await Direction
German stocks are showing weakness on Tuesday with investors staying cautious, looking forward to crucial central bank meetings and the upcoming meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping in South Korea on Thursday for direction.
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323 days ago
more news
U.S. Dollar Falls Amid Rising Fed Rate Cut Bets
The U.S. dollar weakened against other major currencies in the early European session on Tuesday, as the U.S. Fed widely expect to lower rates by another quarter point.
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323 days ago
European Shares Slip From Record Highs Ahead Of Xi-Trump Meeting
European stocks fell from record highs on Tuesday as investors looked forward to key central bank meetings as well as a planned meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping in South Korea on Thursday for direction.
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323 days ago
Yen Rises Amid Intervention Fears
The Japanese yen strengthened against other major currencies in the early European session on Tuesday, amid fears that government officials may step in to stop a further drop in the value of the home currency.
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323 days ago
Asian Shares Decline On Profit Taking Ahead Of Trump-Xi Meeting
Asian stocks fell in cautious trade on Tuesday ss investors locked in some profits after recent gains.
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323 days ago
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the early European session on Tuesday.
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323 days ago
South Korea GDP Growth Fastest In 1 1/2 Years
South Korea's economy logged its fastest growth in one-and-a-half years in the third quarter, thanks to robust consumption and exports. Gross domestic product grew 1.2 percent from a quarter ago, advance estimate from the Bank of Korea showed on Tuesday. This followed second quarter's 0.7 percent expansion.
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323 days ago
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