French financial services provider Societe Generale S.A. reported Friday that its first-quarter net profit declined from last year amid nearly stable net revenues. Gross operating income, however, increased from the prior year. In Paris, Societe Generale shares were gaining around 4.4 percent in the morning trading. Slawomir Krupa, Chief Executive Officer, said, \"We are progressing...
Indian shares ended Friday\'s session deep in the red despite encouraging cues from global markets. Giving up early gains, the benchmark S&P BSE Sensex ended the session down 732.96 points, or 0.98 percent, at 73,878.15. The broader NSE Nifty index hit record levels in the first hour of trade before reversing course to end at...
Canadian shares look headed for a positive start Friday morning, tracking firm crude oil prices and gains in European markets. Encouraging earnings updates from Apple Inc., is also likely to aid sentiment. Investors will also be reacting to a slew of earnings updates from Canadian and U.S. companies, and U.S. non-farm payroll data for April....
After reporting stronger than expected job growth over the past several months, the Labor Department released a report on Friday showing employment in the U.S. increased by much less than expected in the month of April. The Labor Department said non-farm payroll employment climbed by 175,000 jobs in April after surging by an upwardly revised...
After reporting stronger than expected job growth over the past several months, the Labor Department released a report on Friday showing employment in the U.S. increased by much less than expected in the month of April. The Labor Department said non-farm payroll employment climbed by 175,000 jobs in April after surging by an upwardly revised...
After growing for fifteen consecutive months, U.S. service sector activity unexpectedly contracted in the month of April, according to a report released by the Institute for Supply Management on Friday. The ISM said its services PMI dipped to 49.4 in April from 51.4 in March, with a reading below 50 indicating contraction. Economists had expected...
U.K. stocks advanced on Monday as data from property platform Zoopla suggested that U.K. house sales rose for the seventh consecutive month in April, driven by demand for smaller homes. House prices experienced a growth of 1.9 percent in February, indicating a £5,318 increase over the past year. The benchmark FTSE 100 was up 40...
European stocks eked out modest gains on Monday as investors awaited key regional data and Federal Reserve\'s policy decision. German inflation data due out later in the day may influence trading sentiment, heading into the release of the euro zone inflation data on Tuesday. Earlier today, preliminary data showed inflation rose in four important German...
Indian shares rallied on Friday, mirroring firm cues from global markets after Friday\'s U.S. inflation data largely met estimates and diplomatic efforts intensified to reach a long-sought truce and hostage-release deal in Gaza. Banks topped the gainers list following encouraging earnings reports from a slew of private sector banks. The benchmark S&P BSE Sensex ended...
Shares of Philips Electronics NV surged around 47 percent in the morning trading in Amsterdam as well as around 44 percent in the pre-market activity on the NYSE after the Dutch consumer electronics giant announced Monday that Philips Respironics will pay a total of $1.1 billion to settle personal injury and medical monitoring litigation in...