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Steel Dynamics Sees Q3 Profit Well Above Estimates
Steel producer Steel Dynamics Inc. (STLD) on Thursday provided its earnings and adjusted earnings guidance for the third quarter, well above analysts' estimates.
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Philly Fed Index Unexpectedly Turns Negative September
Philadelphia-area manufacturing activity unexpectedly contracted in the month of September, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday.
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New York Manufacturing Index Rebounds But Remains Negative In September
The Federal Reserve Bank of New York released a report on Thursday showing a notable rebound in regional manufacturing activity in the month of September.
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U.S. Weekly Jobless Claims Unexpectedly Edge Down To 213,000
A report released by the Labor Department on Thursday unexpectedly showed another modest decrease in first-time claims for U.S. unemployment benefits in the week ended September 10th.
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U.S. Import Prices Decrease For Second Straight Month In August
Import prices in the U.S. saw further downside in the month of August, according to a report released by the Labor Department on Thursday.
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U.S. Retail Sales Unexpectedly Rise 0.3% In August
The Commerce Department released a report on Thursday showed an unexpected increase in U.S. retail sales in the month of August.
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Indian Rupee Slides To 1-week Low Against U.S. Dollar
The Indian rupee weakened against the U.S. dollar in evening deals on Thursday, as the latter rose across the board on hopes for a more aggressive policy tightening by the U.S. Federal Reserve.
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CMA Decides To Refer Microsoft/Activision Blizzard Deal For Phase 2 Investigation
The U.K. Competition and Markets Authority (CMA) on Thursday decided to refer the proposed acquisition by Microsoft Corp. (MSFT) of Activision Blizzard, Inc. (ATVI) for a phase 2 investigation.
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Bay Street Likely To Open On Weak Note
Canadian shares are likely to open weak on Thursday, tracking lower crude oil and bullion prices, and a somewhat sluggish trend in European markets.
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CSX Appoints Joseph Hinrichs To Succeed James Foote As President And CEO
Transportation supplier CSX Corp. (CSX) announced Thursday that, as part of a planned succession process, its Board of Directors has appointed seasoned executive Joseph Hinrichs as the Company's new President and Chief Executive Officer, effective September 26, 2022.
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Quest Diagnostics Partnering Lee Health To Enhance Diagnostic Services
Quest Diagnostics (DGX), a provider of diagnostic information services, and Lee Health, Southwest Florida's primary community-owned health system, announced Thursday that they are teaming up to enhance the quality and value of diagnostic services to patients and their doctors.
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Sensex, Nifty Extend Losses For Second Day On Fed Concerns
Indian shares fell notably on Thursday to extend losses for a second straight session as global sentiment remained fragile and the dollar held near recent peaks on expectations that the Federal Reserve will continue to raise rates aggressively to tackle high inflation.
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European Shares Rebound In Cautious Trade, Banks Lead
European stocks rebounded on Thursday after seeing heavy losses in the previous two sessions on worries about high inflation and the impact of aggressive policy tightening on growth.
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