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German Private Sector Downturn Eases On Cooling Inflation, Lower Recession Fears
Germany's private sector downturn softened to a stable footing at the start of the year amid a moderation in price pressures along with a renewed positive outlook on reducing recession risks and ongoing strength in the job market, flash survey data from S&P Global showed on Tuesday.
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827 ngày trước
Dollar Tree Names Rick Dreiling To Addl. Role Of CEO; Mike Witynski Steps Down
Dollar Tree, Inc. (DLTR) announced on Tuesday that Mike Witynski, who has been in leadership positions at Dollar Tree since 2010 and served as CEO since 2020, is stepping down from the Board and leaving the Company.
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827 ngày trước
Eurozone Private Sector Expands For First Time In 7 Months
Eurozone private sector returned to growth at the start of the year after six consecutive months of contraction, raising hopes that the region might escape recession, flash survey results from S&P Global showed on Tuesday. The flash composite output index rose more-than-expected to 50.2 in January from 49.3 in December. The reading was forecast to climb to 49.8.
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827 ngày trước
Pound Weakens As U.K. Business Activity Falls To 2-yr Low
The pound depreciated against its major counterparts in European deals on Tuesday, as the UK private sector contracted at the fastest pace in two years in January, raising the risk of the economy slipping into recession.
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827 ngày trước
Bay Street Seen Opening On Cautious Note
The Canadian market is likely to open on a cautious note on Tuesday with investors looking ahead to the Bank of Canada's interest rate decision tomorrow.
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827 ngày trước
Jacobs Confirms Appointment Of Bob Pragada As New CEO
Following its leadership succession plan previously announced in September, Jacobs Solutions Inc. (J) confirmed on Tuesday that Bob Pragada has been appointed as Chief Executive Officer, effective January 24, 2023. He is expected to join the Company's Board of Directors upon certification of the results of its Annual Meeting later in the day.
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827 ngày trước
Civitas Resources Agrees To Buyback $300 Mln Of Its Common Stock From CPPIB
Civitas Resources, Inc. (CIVI) reported on Tuesday that it has agreed to repurchase approximately 4.9 million shares of its common stock, par value $0.01 per share at a price of $61.00 per share, resulting in aggregate consideration of approximately $300 million from its largest shareholder, Canada Pension Plan Investment Board or CPPIB.
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827 ngày trước
more news
Johnson & Johnson Q4 Profit Down 26%, But Adj. EPS Tops Estimates
Healthcare company Johnson & Johnson on Tuesday reported that profit for fourth quarter declined 25.9 percent from last year, reflecting a sales decline and higher provisions for income taxes. Adjusted earnings per share topped analysts' expectations, while quarterly revenues missed it by a whisker. The company also initiated operational earnings forecast for the full-year 2023.
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827 ngày trước
UK Private Sector Shrinks Most In 2 Years
The UK private sector contracted at the fastest pace in two years in January with a marked loss of momentum in services activity, and reflected the squeeze on household incomes and risk aversion among corporate clients, results the closely watched S&P Global survey revealed Tuesday. The flash composite output index declined unexpectedly to 47.8 in January from 49.0 in December.
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827 ngày trước
Danaher Guides Q1, FY23 Revenue Growth Above Estimates - Update
While reporting financial results for the fourth quarter on Tuesday, science and technology company Danaher Corp. (DHR) provided revenue growth guidance for the first quarter and full-year 2023.
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827 ngày trước
France Business Confidence Improves On Hopes Of Brief Economic Slowdown
Confidence among French manufacturers improved further at the start of the year, underpinned by an improvement in the assessment of past production and foreign order books, amid expectations that the recent downturn in the economy would be short-lived, results of two separate surveys showed Tuesday.
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827 ngày trước
Sensex, Nifty End Little Changed Ahead Of F&O Expiry
Indian shares fluctuated before ending on a flat note Tuesday, as profit booking ahead of the derivative expiry and the Republic Day holiday on Thursday offset positive global cues. Investors also awaited cues from the Union Budget due to be unveiled next week.
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827 ngày trước
European Shares Little Changed After PMI Data
European stocks were little changed on Tuesday as investors assessed the outlook for economic and earnings growth.
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827 ngày trước
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