By Paritosh Bansal (Reuters) - Banks are finally signing up for a U.S. Federal Reserve funding backstop that has been lying nearly dormant for more than two years, putting them in a stronger position to deal with any stress. But it is unclear whether they will want to use it in a crisis. The Standing...
NEW YORK - Yext, Inc. (NYSE:YEXT), the leader in digital presence for multi-location brands, reported a robust fourth quarter, surpassing analyst expectations with an earnings beat. The company announced an adjusted EPS of $0.10, outperforming the consensus estimate by $0.03. Revenue also exceeded forecasts, coming in at $101.1 million against the anticipated $100.25 million. This...
China will on Friday release June figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. Imports are expected to add 2.8 percent on year, up from 1.8 percent in May. Exports are called higher by an annual 8.0 percent, up from 7.6 percent in the previous month. The trade...
JAKARTA – Jakarta Stock Price Composite Index (JCI) slowed down and arrived at 7,688.17 nearing the closing of today’s (5/9) session. It is lower than 7,714.08 recorded in the morning session today. As monitored at the end of the closing bell, the afternoon session saw JCI fluctuating in the green zone. JCI even hit 7,712.83...
(Reuters) - Fuselage maker Spirit AeroSystems (NYSE:SPR) said on Thursday it was unable to reasonably estimate the financial impact of an incident last month that led to a temporary grounding of Boeing (NYSE:BA) 737 MAX 9 planes and a production cap on the planemaker. Spirit, in a regulatory filing, flagged the impact as part of...
The China stock market on Tuesday snapped the two-day winning streak in which it had collected almost 50 points or 1.6 percent. The Shanghai Composite Index now rests just above the 3,060-point plateau and it\'s likely to see additional support on Wednesday. The global forecast for the Asian markets is positive ahead of the Federal...
The Toro Co. (TTC), through its wholly-owned subsidiaries Toro Australia Pty Ltd and Toro Australia Group Sales Pty Ltd based in South Australia, announced Monday the sale of its Pope Products residential garden watering and irrigation business to The AMES Company, Inc., a subsidiary of Griffon Corp. (GFF). Pope irrigation and garden watering products are...
JAKARTA – Jakarta Composite Index (JCI) was seen lounging around in the red zone since the opening bell this morning (5/8) until 11 AM WIB. The index was opened at 7,230.39, down from 7,308.12 seen last Friday (2/8). Seen at 11.17 AM WIB, JCI still remained at the red zone, at 7,178.03, lower than its...
The technical landscape is further defined by a 23.6% Fibonacci retracement level at $60,890, where the formation of a Doji candle hints at the likelihood of continued bullish momentum. Yet, a slip below this level could see Bitcoin targeting the $58,900 or $55,950, correlating to the 38.2% and 61.8% Fibonacci levels, respectively. The current RSI...
JAKARTA – Jakarta Stock Price Composite Index (JCI) was still sluggish until 1.30 PM WIB since morning bell at 10 AM WIB today (9/9). Prior to this sluggish trend, JCI actually hit 7,731.12 at 9.10 AM WIB. Until 2 PM WIB, the index was also seen shifting to 7,674.98, higher than the starting line recorded...