International News
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Walmart sales top expectations, outlook less optimistic than hoped
Thursday 16 Nov 2023
(Sharecast News) - Shares in Walmart were in the red on Thursday after the big-box retail giant provided a less optimistic outlook for 2023 than market consensus despite exceeding profit and sales exp... Read More
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Macy's beats Wall Street expectations in third quarter
Thursday 16 Nov 2023
(Sharecast News) - American department store chain Macy's topped Wall Street expectations for its third-quarter results on Thursday, primarily driven by inventory management and improved margins. Read More
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US pre-open: Futures trade lower following Thursday's solid gains
Thursday 16 Nov 2023
(Sharecast News) - Wall Street futures were pointing to a negative opening ahead of the bell on Thursday after recording solid gains in the previous session. Read More
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Asia report: Markets fall as investors watch Biden-Xi meeting
Thursday 16 Nov 2023
(Sharecast News) - Hong Kong stocks led declines in the Asia-Pacific region on Thursday, influenced by a dip in electric vehicle stocks, particularly Xpeng. Read More
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Siemens predicts slowdown after record Q4
Thursday 16 Nov 2023
(Sharecast News) - Shares in Siemens AG surged over 5% in Frankfurt on Thursday after the German tech and industrial conglomerate exceeded analysts' forecasts with a record fourth quarter, with invest... Read More
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US close: Stocks manage gains as wholesale prices shrink
Wednesday 15 Nov 2023
(Sharecast News) - US stock markets closed with slight gains on Wednesday, driven by growing investor optimism that the era of rate hikes may be drawing to a close. Read More
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Europe close: Stoxx 600 at two-month high as inflation eases
Wednesday 15 Nov 2023
(Sharecast News) - European stock indices put in decent gains on Wednesday, finishing at a two-month high as investors shrugged off weaker-than-expected domestic data to focus on cooling inflation in ... Read More
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US open: Stocks build on gains as PPI and CPI inflation both ease
Wednesday 15 Nov 2023
(Sharecast News) - US stocks were making further gains on Wednesday as investors continued to show optimism that rate hikes might be over, as both consumer and producer price inflation slowed more tha... Read More
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Alstom considering capital increase, job cuts; shares slide again
Wednesday 15 Nov 2023
(Sharecast News) - Alstom tumbled on Wednesday as it said it was considering a range of options to accelerate its deleveraging, including asset disposals, a capital increase and job cuts. Read More
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US October producer prices drop unexpectedly
Wednesday 15 Nov 2023
(Sharecast News) - Wholesale prices in the States fell by more than anticipated in October. Read More
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US retail sales hold up in October
Wednesday 15 Nov 2023
(Sharecast News) - Consumer outlays in America held up better than expected last month. Read More
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Empire State manufacturing index jumps in November
Wednesday 15 Nov 2023
(Sharecast News) - Factory sector activity improved in the Empire State during the month of November, the results of a survey showed. Read More
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TJX profits rise in Q3, but guidance underwhelms
Wednesday 15 Nov 2023
(Sharecast News) - TJX Companies saw shares drop in pre-market trade on Wednesday despite beating forecasts with quarterly profits as the American retail conglomerate disappointed with full-year earni... Read More
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Siemens Energy to review wind unit as group slumps to €4.6bn loss
Wednesday 15 Nov 2023
(Sharecast News) - Siemens Energy is reviewing its troubled wind turbine division, the German company confirmed on Wednesday, as it slumped to a near €5bn annual loss. Read More
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Target beats quarterly forecasts, shares jump
Wednesday 15 Nov 2023
(Sharecast News) - Shares in Target Corporation surged on Wednesday, after the big box retailer comfortably beat quarterly profit forecasts. Read More
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Eurozone industrial output pulls back sharply in September
Wednesday 15 Nov 2023
(Sharecast News) - Industrial output in the eurozone contracted more than expected in September, figures from Eurostat revealed on Wednesday. Read More
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US pre-open: Markets to extend gains on hopes Fed tightening is over
Wednesday 15 Nov 2023
(Sharecast News) - US stock markets were set to rise again on Wednesday, extending big gains made the previous session after data showed that inflation eased more than expected in October. Read More
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European Commission cuts eurozone growth forecasts
Wednesday 15 Nov 2023
(Sharecast News) - The European Commission cut its eurozone growth forecasts on Wednesday as it said the economy has lost momentum. Read More
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Asia report: Stocks surge across region after China data dump
Wednesday 15 Nov 2023
(Sharecast News) - Asia-Pacific markets managed a positive upswing on Wednesday, with Hong Kong stocks taking the lead, fueled by encouraging economic data from China. Read More
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China's retail sales beat forecasts
Wednesday 15 Nov 2023
(Sharecast News) - China's faltering economy looked to have strengthened last month, after official data published on Wednesday showed larger-than-expected improvements in both retail sales and factor... Read More
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