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Chevron Q4 Profit Up 25%, But Misses Estimates
Integrated energy company Chevron reported Friday that profit for the fourth quarter increased 25 percent from last year, reflecting 17 percent revenue growth amid higher realizations and higher margins on refined product sales. Adjusted earnings per share missed analysts' estimates, while quarterly revenues topped it.
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Pred 823 dňami
FTSE 100 Trades In Positive Zone
FTSE 100 of the London Stock Exchange traded cautiously in the green zone, alongside other regional peers.
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Pred 823 dňami
Canadian Dollar Advances Amid Higher Oil Prices
The Canadian dollar climbed against its major opponents in the European session on Friday, as better-than-expected U.S. GDP data lifted oil prices.
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Pred 823 dňami
Eurozone Credit Growth Slowdown Suggests Rate Hike Impact
Eurozone M3 money supply growth eased more than expected in December and credit to the private sector grew at a slower rate, the European Central Bank said on Friday, suggesting that the interest rate hikes are starting to take effect on the real economy.
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Pred 823 dňami
Autoliv Q4 Profit Rises, Tops Estimates
Swedish automotive safety supplier Autoliv, Inc. (ALV) reported Friday that net income for the fourth quarter increased to $156 million or $1.80 per share from $115 million or $1.31 per share in the prior-year quarter.
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Pred 823 dňami
Major European Markets Up Slightly In Cautious Trade
European stocks are slightly higher in cautious trade on Friday, with investors reacting to quarterly earnings updates and looking ahead to interest rate decisions from the Federal Reserve, the Bank of England and the European Central Bank, due next week.
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Pred 823 dňami
CAC-40 Rises In Cautious Trade
The CAC-40 gained from Thursday's levels as markets weighed the recent earnings updates and economic data release.
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Pred 823 dňami
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DAX Rises As Growth Euphoria Dims Rate Hike Fears
The DAX benchmark of the Frankfurt bourse moved higher on Friday, as euphoria surrounding the more than expected growth in the U.S. eclipsed anxiety ahead of the interest rate decisions by the European Central Bank, Federal Reserve and the Bank of England.
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Pred 823 dňami
Sensex, Nifty End Sharply Lower As Banks, Adani Group Stocks Tumble
The Indian market tumbled on Friday as Adani group shares and several bank stocks fell sharply on sustained selling right through the day's session.
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Pred 823 dňami
Asian Stocks Extend Gains
Asian markets gained further on Friday as risk-on sentiment was boosted following better-than-expected GDP data from the U.S. on Thursday.
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Pred 824 dňami
FDA Advisors Propose To Replace Primary COVID Shots With New Bivalent Shots
The Food and Drug Administration's independent advisory committee unanimously recommended replacing the current original COVID vaccines used in the U.S. for primary shots with new bivalent omicron shots authorized as boosters, reports said. The committee also considered the proposal for annual COVID vaccination, however, didn't vote on it.
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Pred 824 dňami
New Zealand Business Confidence Improves Strongly To -52.0, Outlook Still Gloomy
Business sentiment in New Zealand improved strongly at the start of the year from a record low in December, as the shock of November's interest rate hike and recession worries eased in the economy, though the mood remained gloomy about the outlook amid intense inflationary pressures and the prospect of more policy tightening by the central bank, survey results from ANZ showed on Friday.
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Pred 824 dňami
European Economic News Preview: Spain GDP Flash, Eurozone Lending Data In Focus
Preliminary estimates for the fourth quarter growth of the Spanish economy and lending data for the euro area are the key data releases on the closing day of this trading week.
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Pred 824 dňami
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