The total number of building permits issued in Australia was down a seasonally adjusted 6.1 percent on month in August, the Australian Bureau of Statistics said on Tuesday said on Tuesday - coming in at 13,991 consents. That missed forecasts for a decline of 4.3 percent following the upwardly revised 11.0 percent spike in July...
The value of retail sales in Australia was up a seasonally adjusted 0.7 percent on month in August, the Australian Bureau of Statistics said on Tuesday - coming in at A$36.474billion. That beat forecasts for a gain of 0.4 percent following the upwardly revised 0.1 percent increase in July (originally flat). On a yearly basis,...
Rebounding from the sharp losses in the previous session, the Japanese stock market is sharply higher on Tuesday, with the Nikkei 225 moving well above the 38,500 level, following the broadly positive cues from Wall Street overnight, with gains across all the sectors led by index heavyweights and technology stocks. The markets react to incoming...
Indian shares may open little changed on Tuesday after Federal Reserve Chair Jerome Powell signaled that he was in no hurry to make further interest-rate cuts. Action may be subdued ahead of a market holiday on Wednesday on account of Gandhi Jayanti. Investors may also react to a SEBI meeting outcome, a slew of economic...
Eurozone inflation fell below the 2 percent target for the first time in more than three years in September, signaling faster interest rate cuts from the European Central Bank. The harmonized index of consumer prices posted an annual increase of 1.8 percent compared to a 2.2 percent rise in August, flash data from Eurostat showed...
Shares of McCormick & Co. Inc. were gaining around 5 percent in the pre-market activity on the NYSE after the seasonings and spices maker increased its fiscal 2024 outlook for earnings after reporting higher third-quarter earnings, above market. The company further reaffirmed its sales and operating profit growth outlook for the year on a constant...
The euro weakened against other major currencies in the European session on Tuesday, after Eurozone inflation fell below the 2 percent target for the first time in more than three years in September, signaling faster interest rate cuts from the European Central Bank. The harmonized index of consumer prices posted an annual increase of 1.8...
The Canadian market is likely to open on a cautious note Tuesday morning with investors looking for directional clues. The data on Canadian manufacturing activity in the month of September, and U.S. job openings report could provide some cues. S&P Global will release a report on Canadian manufacturing activity in the month of September at...
CVS Health Corp. is conducting a strategic review of options including a possible breakup amid issues from its drugstore chain and Aetna health insurance arm, reports said citing person familiar with the matter. The company also plans to reduce its workforce by less than 1 percent, which would affect around 2,900 employees, as part of...
While reporting financial results for the first quarter of fiscal 2025 on Tuesday, payroll and HR services provider Paychex Inc. (PAYX) maintained its adjusted earnings growth and revenue growth guidance for the full year 2025. For fiscal 2025, the company continues to project adjusted earnings per share growth in the range of 9 to 10...