Northern Trust Corp. (NTRS) reported Wednesday that its second-quarter net income applicable to common stock surged to $891.4 million or $4.34 per share from $327.1 million or $1.56 per share in the prior-year quarter. On average, 13 analysts polled by Thomson Reuters expected the company to report earnings of $1.90 per share for the quarter....
Johnson & Johnson reported Wednesday weak profit in its second quarter on charges, while adjusted earnings beat market estimates on sales growth. The drug major further trimmed its fiscal 2024 adjusted earnings outlook, but lifted operational sales view to mainly reflect the acquisition of Shockwave Medical. In pre-market activity on the NYSE, Johnson & Johnson...
Australia will on Thursday release June numbers for unemployment, highlighting a modest day for Asia-Pacific economic activity. The jobless rate is expected to tick up to 4.1 percent from 4.0 percent in May. The Australian economy is tipped to add 19,900 jobs following the increase of 39,700 jobs in the previous month. The participation rate...
The South Korea stock market on Wednesday ended the two-day winning streak in which it had gathered almost 10 points or 0.3 percent. The KOSPI now sits just beneath the 2,845-point plateau and it may take further damage on Thursday. The global forecast for the Asian markets suggests consolidation, especially among the technology and semiconductor...
The Malaysia stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had gained almost a dozen points or 0.7 percent. The Kuala Lumpur Composite Index now rests just above the 1,630-point plateau although it\'s likely to head south...
The Singapore stock market bounced higher again on Wednesday, one day after ending the five-day winning streak in which it had jumped more than 90 points or 2.8 percent. The Straits Times Index now rests just beneath the 3,490-point plateau although it\'s likely to open in the red on Thursday. The global forecast for the...
Japan posted a merchandise trade surplus of 224.038 billion yen in June, the Ministry of Finance said on Thursday. That exceeded expectations for a deficit of 240.0 billion yen following the 1,220.1 billion yen shortfall in May. Exports were up 5.4 percent on year at 9.208 trillion yen, shy of forecasts for an increase of...
The Taiwan stock market turned lower again on Wednesday, one day after snapping the two-day slide in which it had dropped more than 500 points or 2.1 percent. The Taiwan Stock Exchange now sits just beneath the 23,760-point plateau and it\'s expected to extend its losses on Thursday. The global forecast for the Asian markets...
The Taiwan stock market has moved lower in back-to-back sessions, slipping more than 500 points or 2.1 percent along the way. The Taiwan Stock Exchange now sits just beneath the 23,880-point plateau although it may stop the bleeding on Tuesday. The global forecast for the Asian markets is upbeat on optimism over the outlook for...
The China stock market has moved higher in three straight sessions, collecting almost 35 points or 1.1 percent in that span. The Shanghai Composite Index now sits just beneath the 2,975-point plateau and it may extend its gains on Tuesday. The global forecast for the Asian markets is upbeat on optimism over the outlook for...