Breaking News
Jan 6, 2023
-
Benchmark indexes soared 1.5% after decelerating job additions and wage gains in December raised hopes of slowing inflation.
-
The Hang Seng index increased 1.3% and extended 2023 gains to 4.5% on the back of a surge in Internet and property stocks. The Hang Seng index has declined in the previous three years in a row.
-
Italy reported easing of inflation to 11.6% in December from 11.8% in November after natural gas prices eased. Germany, France, Spain and Switzerland also reported easing inflation this week.
-
Germany's seasonally adjusted trade surplus in November increased to
-
U.S. international trade deficit of goods and services declined to $61.5 billion in November, down $16.3 billion from the revised $77.8 billion in October.
-
Walgreens said fiscal first quarter revenue eased 1.5% to $33.3 billion and swung to a net loss of $3.72 billion or $4.31 a share on $5.2 billion pre-tax charge related to opioid settlement.
-
Conagra revenue in the fiscal first quarter rose 8.3% to $3.3 billion and net income jumped to 39% to $381.9 million and diluted earnings per share increased to 80 cents from 57 cents a year ago.
-
Lamb Weston said quarterly sales rose 28% to $1.28 billion and net income increased to $103.1 million from $32.5 million and diluted earnings per share rose to 71 cents from 22 cents a year ago.
-
Tesla Inc extended its recent discount of $1,400 in China till the end of February. Despite the recent sales weakness, Tesla unit sales in China are up 22% in the first 11 months to November.
-
Salesforce said it plans to take as much as $2 billion in restructuring charges and trim about 10% of its 79,000 strong workforce as business conditions remain challenging.
Jan 5, 2023
Jan 4, 2023