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Shares of maersk plunge 18% as shipping giant announces 10,000 job cuts, says profit will be at lower-end of guidance
Maersk, a bellwether for global trade, said it was facing subdued demand and inflationary pressures....
November 3, 2023, 8:19 am
Pickle ceo says they're the doordash for fashion rentals
The demand for rental clothing, accessories and even footwear is gaining momentum. inflationary pressur...
November 3, 2023, 4:00 am
Hyatt (h) q3 earnings beat, revenues miss, shares down
Solid growth in comparable system-wide RevPAR on the back of an increase in occupancy and ADR benefited Hyatt's (H) third-quarter 2023 results. Howeve...
November 2, 2023, 2:17 pm
Fast casual restaurant giants shake shack and wendy's 3q earnings top estimates
Fast-casual restaurant chains Shake Shack (NYSE:SHAK) and The Wendy's Company (NASDAQ:WEN) both reported year-over-year increases in sales and profits...
November 2, 2023, 1:28 pm
Us q3 prelim unit labor costs -0.8% vs +0.7% expected
Prior was +2.2% (revised to +3.2%)Q3 productivity +4.7% vs +4.1% expectedPrior productivity +3.5% (revised to +3.6%)The plain takeaway from this data ...
November 2, 2023, 12:30 pm
Electric royalties gives update middle tennessee mine zinc royalty
Electric Royalties Ltd (TSX-V:ELEC, OTC:ELECF) told investors that Nyrstar, the operator of the Middle Tennessee Mine (MTM) in Tennessee, on which it ...
November 2, 2023, 9:56 am
How will gold prices behave during dhanteras?
Gold prices likely to remain stable in short-term; silver may outperform gold in 6-12 months due to supply deficit. Inflation, agricultural trends & C...
November 1, 2023, 2:14 pm
Gbpjpy technical analysis
GBPJPY Fundamental Analysis UKThe BoE kept interest rates unchanged at the last meeting. The central bank is leaning towards keeping interest rates �...
November 1, 2023, 10:44 am
Equities market gain n1.71trn in october despite fx, inflationary pressure
This, he opined, contributed to the surge in equities market capitalisation as investors sought a secure haven for their investments. “The FX is oft...
November 1, 2023, 2:59 am
Seadrill warns of near-term headwinds, but long-term outlook still solid
After marking a new 52-week high in early September, shares of leading offshore driller Seadrill Limited have retreated by almost 20% in recent weeks....
November 1, 2023, 12:35 am
inflationary pressures continue to ease in germany. the bank of japan maintained its soft monetary policy
By JustMarkets At Monday’s stock market close, the Dow Jones Index (US30) increased by 1.58%, while the S&P 500 Index (US500) added 1.58%. The NASDA...
October 31, 2023, 3:15 pm
Can pricing aid molson coors' (tap) q3 earnings amid inflation?
Molson Coors' (TAP) Q3 results are likely to reflect gains from strength in brands, premiumization of portfolio and pricing actions, offset partly by ...
October 31, 2023, 9:01 am
Boc's macklem: further easing in inflation is likely to be slow and risks are high
We held policy steady because mon pol is working to cool the economy and relieve price pressuresWe continue to assess whether mon pol is sufficiently ...
October 30, 2023, 7:35 pm
Nikkei 225: short-term positive momentum emerged ahead of boj
Recent decline in the Nikkei 225 has managed to stall again at the key 200-day moving average with positive momentum seen in the hourly RSI indicator....
October 30, 2023, 6:36 am
Nikkei 225: short-term positive momentum emerged ahead of boj
Recent decline in the Nikkei 225 has managed to stall again at the key 200-day moving average with positive momentum seen in the hourly RSI indicator....
October 30, 2023, 6:20 am
Euronet worldwide: revenue growth continues despite inflationary pressures
Euronet Worldwide has the potential for longer-term upside due to continued revenue growth and an attractive P/E ratio. Q3 2023 earnings show net inco...
October 30, 2023, 4:37 am
Gbp/usd weekly forecast: boe’s tightening nears finish line
The pound is trading near a six-month low reached earlier in October. UK jobs data indicated a decrease in inf...
October 28, 2023, 12:03 pm
Cliff notes: upside inflation risks linger
Key insights from the week that was. In Australia, the Q3 CPI printed at 1.2% (5.4%yr) for headline inflation and 1.2% (5.2%yr) for core trimmed mean ...
October 28, 2023, 1:19 am
Mohawk (mhk) q3 earnings & sales beat, operating margin falls
Mohawk Industries' (MHK) third-quarter results reflect inflationary pressure and lower volume....
October 27, 2023, 1:32 pm
Sharpie, yankee candle owner newell brands slashes full-year guidance; shares fall
Investors pulled back on Newell Brands (NYSE:NWL) after the Sharpie-maker slashed its full-year sales and profit guidance when handing down its third ...
October 27, 2023, 11:42 am