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...
JinkoSolar Holding Co., Ltd. (JKS) reported Monday that net income attributable to the company\'s ordinary shareholders for the first quarter declined to RMB609.40 million or US$84.40 million from RMB788.65 million in the prior-year quarter. Earnings per ADS were RMB5.36 or US$0.74, compared to RMB14.95 last year. Total revenues for the quarter edged down 1.2 percent...
HNI Corp. (HNI) reported Monday that net income attributable to the company for the first quarter surged to $17.7 million or $0.37 per share from $1.6 million or $0.04 per share in the year-ago quarter. On average, four analysts polled by Thomson Reuters expected the company to report earnings of $0.18 per share for the...
Major European stock markets ended somewhat weak on Monday, as investors digested quarterly earnings updates from big name European and U.S. companies, and looked ahead to the Federal Reserve\'s monetary policy. The Fed is widely expected to leave interest rates unchanged, but the accompanying statement and Fed Chair Jerome Powell\'s post-meeting press conference may shed...
The Canadian market is roughly flat Monday afternoon with investors largely making cautious moves as they await the U.S. Federal Reserve\'s monetary policy announcement, and the data on Canadian GDP and U.S. jobs data due later in the week. The benchmark S&P/TSX Composite Index was down slightly at 21,969.10 a little while ago. Earlier, the...
The U.S. dollar turned in a weak performance against its major counterparts on Monday with traders awaiting the Federal Reserve\'s monetary policy announcement on Wednesday. The accompanying statement and Fed Chair Jerome Powell\'s post meeting press meet are eyed for clues about the central bank\'s future interest rate moves. Data on U.S. non-farm payroll employment...
The Canadian market ended slightly higher on Monday, thanks to gains in select healthcare, energy, materials and utilities stocks. Stocks moved in a tight band in somewhat lackluster moves by investors who stayed cautious, looking ahead to Fed policy announcement, and some crucial economic data, due later in the week. The benchmark S&P/TSX Composite Index...
Japan is scheduled to release a raft of data on Tuesday, highlighting a busy day for Asia-Pacific economic activity. On tap are March figures for unemployment, industrial production, retail sales, construction orders and housing starts. The jobless rate is expected to ease to 2.5 percent from 2.6 percent on February, while the job-to-applicant ratio is...