Author Archives: Syndicated Content
Futures subdued as markets await Nvidia test
(Reuters) - U.S. stock index futures were flat-to-slightly higher on Wednesday, as investors held back ahead of a crucial quarterly earnings report from AI-favorite Nvidia to gauge if the market can w...
Aug 28, 2024
RBC's profit rises on HSBC Canada purchase, capital markets strength
(Reuters) -Royal Bank of Canada reported a rise in third-quarter profit on Wednesday, as the country's largest lender benefited from the acquisition of HSBC Canada and robust performance in its capita...
Aug 28, 2024
National Bank of Canada's profit rises on wealth management, financial markets strength
(Reuters) - National Bank of Canada reported a higher third-quarter profit on Wednesday, helped by strong performance in its wealth management and financial markets units. The bank's adjusted profit r...
Aug 28, 2024
China electric vehicle giant BYD's first-half profit jumps 24.4%
BEIJING (Reuters) - Chinese electric vehicle giant BYD reported a 24.4% rise in first-half net profit on Wednesday despite faltering spending on big-ticket items in the world's largest automobile mark...
Aug 28, 2024
Kohl's cuts annual sales forecast
(Reuters) - Kohl's cut its annual net sales forecast on Wednesday, as the department store operator struggles with weak consumer demand and higher promotions. The company now expects annual net sales ...
Aug 28, 2024
Abercrombie & Fitch lifts annual sales forecast betting on steady demand
(Reuters) -Abercrombie & Fitch lifted its forecast for annual sales on Wednesday, betting that new styles at its namesake label and a strong assortment at Hollister would draw more shoppers. Abercromb...
Aug 28, 2024
Bath & Body Works cuts annual sales forecast on tepid demand
(Reuters) - Bath & Body Works cut its annual sales forecast on Wednesday, a sign of weaker demand for its pricey products such as fragrances and scented candles in the face of still-high inflation. Co...
Aug 28, 2024
Billionaire investor Buffett offloads Bank of America shares worth $982 million in latest sale
(Reuters) - Billionaire Warren Buffett's Berkshire Hathaway has sold some more shares of Bank of America over the past few days, raking in $981.9 million, as the conglomerate continues to trim down it...
Aug 28, 2024
US surgeon general calls parent stress a public health challenge
By Jeff Mason (Reuters) - The U.S. surgeon general on Wednesday issued a public health advisory about the impact of modern stresses on parents' mental health, calling on government, businesses and com...
Aug 28, 2024
Mpox to add to sub-Saharan Africa's fiscal pressures, rating agency Fitch warns
By Duncan Miriri NAIROBI (Reuters) - A rapid spread of the mpox virus in sub-Saharan Africa could add to the fiscal pressures many countries in the region are already experiencing, ratings agency Fitc...
Aug 28, 2024
