Toronto Stocks Up Modestly With Earning Still Rolling In
The benchmark S&P/TSX Composite Index was little changed at midday, rising 0.1% to 22308.44. Gains were led by finance stocks, and supported by advances in the consumer and retail trade segments, with ...
Cisco Earnings: Positive Guidance and Splunk Inclusion Align With Our Long-Term Thesis
Splunk added some inorganic revenue, and management raised its full-year guidance to include the acquisition.
A Cheap Dividend Aristocrat to Buy Before It Bounces Back
Down more than 20% during the past year, this wide-moat stock looks undervalued today.
Philadelphia Factory Activity Expands at Weaker Pace - Philadelphia Fed
More than 29% of the firms surveyed reported increases in general activity, while 25% reported decreases, the Philadelphia Fed said. However, almost half of firms expect activity to pick up in the ...
U.S. Import Prices Rise More Than Expected in April
Prices for fuel imports rose 2.4%, driving the overall increase, while prices for non-fuel imports rose 0.7%.
Baidu Posts Quarterly Beat, Helped by AI Pursuits — Update
Chinese search-engine giant Baidu reported a drop in quarterly profit but beat top- and bottom-line estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
European Midday Briefing:
European stocks struggled for momentum on Thursday despite a more optimistic mood globally following the softer U.S. inflation data renewing hopes of the Federal Reserve cutting interest rates soon.
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North American Morning Briefing: Stock Futures Rise as Inflation Optimism Continues
Stock futures were rising on Thursday, a day after the three major indexes closed at record highs following data that showed an easing of inflation. Up ahead, investors will eye results from Walmart ...
North American Morning Briefing: Stock Futures -2-
RM2 International Inc (RMTO) is expected to report for Interim. Replimune Group Inc (REPL) is expected to report $-0.81 for 4Q. Spyre Therapeutics Inc (SYRE) is expected to report $-1.05 for 1Q. Under ...
Roche Shares Climb After Weight-Loss Drug Shows Efficacy in Early-Stage Trial
Roche Holding shares rose after the Swiss pharmaceutical giant said a drug candidate achieved positive results for weight loss in an early-stage clinical trial in adults with obesity.
U.S. Futures Up, European Stocks Mixed as Easing U.S. Inflation Raises Rate-Cut Hopes
In Europe, the Stoxx Europe 600 climbed 0.1% in morning trading. Sweco Series B climbed 12.3% and Watches of Switzerland added 9.5%. On the other hand, Ubisoft Entertainment sunk 12.6%, and Umicore ...
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Siemens to Sell Innomotics to KPS Capital Partners for $3.8 Billion — Update
Siemens agreed to sell its Innomotics large motors business to private-equity firm KPS Capital Partners for 3.5 billion euros ($3.81 billion), including debt, the latest move by the German industrial ...