Integrated payments company American Express Co. (AXP) reported on Friday the net profit for the first quarter grew 35 percent from last year, driven by revenue growth across all its operating segments, partially offset by higher provisions for credit losses. Both earnings per share quarterly revenues topped analysts\' estimates. The company also reaffirmed its earnings...
The Canadian market is up in positive territory in late morning trades on Friday with stocks from energy and utilities sectors turning in a fine performance. A few stocks from communications, consumer staples and financials sectors are notably higher, while shares from the rest of the sectors are mostly subdued. The mood remains somewhat cautious...
The euro was higher against its major counterparts in the New York session on Friday, as concerns about an escalation in the Middle East conflict eased after a subdued response from Iran to Israel\'s retaliatory attack. Iran\'s state-run media reported that there was no missile attack and the explosions heard in Isfahan were the result...
The South Korea stock market on Thursday ended the four-day losing streak in which it had plunged almost 125 points or 4.6 percent. The KOSPI now sits just beneath the 2,635-point plateau although it may spin its wheels on Friday. The global forecast for the Asian markets is murky amid a lack of catalysts, while...
The Singapore stock market has tracked higher in consecutive trading days, collecting more than 40 points or 1.3 percent along the way. The Straits Times Index now rests just beneath the 3,190-point plateau although the rally may stall on Friday. The global forecast for the Asian markets is murky amid a lack of catalysts, while...
The Taiwan stock market has moved higher in two straight sessions, advancing almost 400 points or 2 percent along the way. The Taiwan Stock Exchange now sits just above the 20,300-point plateau although it\'s expected to open under pressure on Friday. The global forecast for the Asian markets is murky amid a lack of catalysts,...
The China stock market has moved higher in back-to-back sessions, collecting almost 70 points or 3.4 percent along the way. The Shanghai Composite Index now sits just beneath the 3,075-point plateau although investors may cash in on Friday. The global forecast for the Asian markets is murky amid a lack of catalysts, while concerns over...
The Hong Kong stock market has moved higher in consecutive trading days, advancing almost 140 points or 0.9 percent along the way. The Hang Seng Index now sits just above the 16,380-point plateau although it\'s likely to open in the red on Friday. The global forecast for the Asian markets is murky amid a lack...
German stocks traded notably lower on Friday as investors reacted to hawkish comments from Federal Reserve officials and signs of escalating tensions in the Middle East, with Iran downplaying Israel\'s retaliatory attack. In economic releases, Germany\'s producer prices continued to decline in March, though at the slowest pace in nine months, data published by Destatis...
UK retail sales were unchanged on a month-on-month basis in March, defying expectations for a gain, preliminary data from the Office for National Statistics showed Friday. Retail sales including automotive fuel grew 0.1 percent in the previous month. Economists were looking for a 0.3 percent gain for March. This was the weakest outcome since December,...