First-time claims for U.S. unemployment benefits saw an unexpected pullback in the week ended October 12th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims fell to 241,000, a decrease of 19,000 from the previous weeks revised level of 260,000. Economists had expected jobless claims to inch...
JAKARTA. The Indonesian government once again will hold an auction of State Sharia Securities (SBSN) or State Sukuk on Tuesday (24/9) next week, with an indicative target of IDR 8 trillion. There are 7 series of state sukuk that will be offered in the auction, according to an official statement from the Directorate General of...
REIT Kimco Realty Corp. (KIM) reported Thursday that net income available to the company\'s common shareholders for the second quarter grew to $111.86 million or $0.17 per share from $100.4 million or $0.16 per share in the year-ago quarter. Funds from Operations or FFO, for the quarter were $276.0 million or $0.41 per share, up...
Bitcoin (BTC) held steady above the $66,000 mark, reaching an intra-day high of $66,500. The Bitcoin price prediction now indicates strong bullish momentum, driven by increasing institutional interest. BlackRock’s iShares Bitcoin Trust (IBIT) has attracted significant investment, while CME Group’s planned entry into Bitcoin spot trading is expected to boost market liquidity and demand. BlackRock’s...
While reporting financial results for the first quarter on Tuesday, Ryder System, Inc. (R) raised its earnings and comparable earnings guidance for the full-year 2024, while trimming revenue growth outlook. The company also provided financial outlook for the second quarter. For fiscal 2024, the company now projects earnings in a range of $10.95 to $11.70...
While reporting financial results for the second quarter on Thursday, technology company Insight Enterprises, Inc. (NSIT) reaffirmed its adjusted earnings guidance for the full year 2024. For fiscal 2024, the company continues to project adjusted earnings in the range of $10.60 to $10.90 per share. On average, five analysts polled by Thomson Reuters expect earnings...
Indian shares ended Tuesdays session modestly higher despite mixed cues from global markets and another round of attack by opposition Congress against SEBI Chairperson Madhabi Puri Buch and her husband. The benchmark S&P/BSE Sensex rose 361.75 points, or 0.44 percent, to 81,921.29 while the broader NSE Nifty index closed at 25,041.10, up 104.70 points, or...
JAKARTA - On Wednesday, September 11, foreign investors sold a total of 2.72 billion shares. The foreign buying volume was just about 2.34 billion shares, therefore net foreign volume closed at -386.84 million shares. PT Buana Lintas Lautan Tbk (BULL), a domestic and foreign shipping services company, ranked first in terms of purchase volume with...
Gross domestic product data from the UK is the major economic report due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics is scheduled to publish UK GDP data for the second quarter and industrial output and foreign trade figures for June. The economy...
Source: DALL·EThe United States Treasury is gearing up to address Congress on the emerging challenges posed by cryptocurrencies to existing financial regulatory frameworks. In his prepared testimony for the House Financial Services Committee, Brian Nelson, Treasury’s Under Secretary for Terrorism and Financial Intelligence, planned to detail the agency’s concerns regarding the use of virtual assets...