Category: Investing.com
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Asia FX muted as dollar steadies; yen tumbles as BOJ downplays rate hikes By Investing.com
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Most Asian currencies fell on Wednesday as the dollar regained more ground after recent declines, while the yen fell sharply after Bank of Japan officials downplayed expectations of a rate hike. Sentiment towards regional markets remained fragile, especially after concerns about a recession in the United States caused risk-oriented assets…
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Edenor Informs the Market the appointment of Mr. Daniel Marx as Chairman and CEO By Investing.com
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Buenos Aires, August 6, 2024 /PR Newswire/ — Norte SA Distribution and Marketing Company (“equal“or the Company”; BYMA/NYSE: EDN), the largest electricity distribution company in ArgentinaAlternative Investments Company announces to the investor community that the company’s Board of Directors, in its meeting held today, approved the resignation of Mr. Neil…
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Japan stock slump opens the door for increased buybacks- UBS By Investing.com
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The recent slide in Japanese stock markets may provide an opportunity for local companies to increase share buybacks, UBS said in a note, adding that Japanese stocks still offer value. Japanese stocks fell to their lowest levels in eight months on Monday, erasing all their gains this year and entering…
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Asia FX weak as yen falls from 7-mth peak; Aussie firms on hawkish RBA By Investing.com
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Most Asian currencies were slightly lower on Tuesday as the dollar steadied after its recent slide, with the Japanese yen retreating from seven-month highs. The Australian dollar was among the region’s best performing currencies, rising after the Reserve Bank of Australia kept interest rates unchanged but took a hawkish stance…
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Dollar rebounds after hefty losses; euro, sterling slip By Investing.com
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The US dollar rose on Tuesday, recouping some recent losses as a measure of calm returned to foreign exchange markets. At 06:20 ET (10:20 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was up 0.4% at 102.907, after falling to a seven-month low…
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ZoomInfo stock falls 16% on weak guidance, CFO transition; Analysts downgrade By Investing.com
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ZoomInfo shares fell 10% in after-hours trading Tuesday after the company reported second-quarter earnings that missed analysts’ expectations and gave weaker-than-expected guidance. The product launch services company also announced a leadership change in its finance department. ZoomInfo reported adjusted earnings per share of $0.17 for the second quarter, missing analysts’…
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Citi recommends defensive stance on Japan amid BOJ uncertainty, recession fears By Investing.com
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Japanese stocks are expected to gradually recover in September and October, analysts at Citigroup said, but they recommended a defensive stance in the market amid uncertainty over the Bank of Japan and the U.S. economy. Japanese stocks have been hit hard by the global meltdown in financial markets this week,…
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TSS, INC. TO REPORT SECOND QUARTER 2024 RESULTS ON WEDNESDAY, AUGUST 14, 2024 By Investing.com
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ROUND ROCK, Texas, Aug. 5, 2024 (GLOBE NEWSWIRE) — TSS, Inc. (OTC: TSSI), a data center services company that integrates high-performance computing infrastructure and software and provides related data center services, will announce its financial results for the second quarter of 2024 on Wednesday, August 14, 2024. The company will…
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Asia FX muted as dollar dips on recession fears; yen surges to near 7-mth high By Investing.com
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Most Asian currencies moved in a narrow range on Monday, taking little advantage of the dollar’s weakness amid growing concerns about slowing economic growth in the United States. The Japanese yen was an outlier, rising sharply on safe-haven demand and as the prospect of a Bank of Japan interest rate…
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Dollar slumps on recession fears; yen, Swiss franc benefit By Investing.com
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Investing.com – The U.S. dollar fell sharply on Monday amid concerns over U.S. economic growth, with strong demand for the safe-haven Swiss franc and Japanese yen. At 08:45 ET (12:45 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was down 0.9% at 102.100,…
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CRA International sees growth in Q2, anticipates solid year By Investing.com
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Charles River Associates (CRA International, ticker: CRAI), a global consulting firm, reported a solid performance in the second quarter of fiscal 2024, with a 5.9% increase in revenue year-over-year, reaching $171.4 million. The company experienced growth across multiple practices, with significant contributions from its Antitrust & Competition Economics, Financial Economics,…
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CRA International sees growth in Q2, anticipates solid year By Investing.com
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Charles River Associates (CRA International, ticker: CRAI), a global consulting firm, reported a solid performance in the second quarter of fiscal 2024, with a 5.9% increase in revenue year-over-year, reaching $171.4 million. The company experienced growth across multiple practices, with significant contributions from its Antitrust & Competition Economics, Financial Economics,…
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MultiPlan Q2 2024 results show commitment to long-term growth By Investing.com
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MultiPlan Corporation (NYSE: MPLN), a provider of healthcare cost management solutions, reported its second quarter 2024 earnings, revealing a mix of challenges and strategic advancements. CEO Travis Dalton admitted the financial results were below expectations but remained optimistic about future growth. The company is transitioning towards a data and technology-focused…
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HUGO BOSS maintains resilience amid market challenges By Investing.com
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Amidst global economic headwinds, HUGO BOSS AG (ETR: BOSS) has reported a slight sales decline and a notable decrease in EBIT for the second quarter of 2024. CFO and COO Yves Müller, during the earnings call, emphasized the strength of the company’s CLAIM 5 strategy and its success in limiting…
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Vericel reports strong Q2 with record revenue growth By Investing.com
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Vericel Corporation (NASDAQ:) has announced robust financial results for the second quarter of 2024, achieving a record revenue of nearly $53 million. This performance was driven by significant growth in their MACI product and solid demand for NexoBrid. The company has seen an expansion in gross margin and a substantial…
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Agnico Eagle reports record results and strong performance By Investing.com
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Agnico Eagle Mines Limited (NYSE:), a leading gold mining company, announced its third consecutive quarter of record financial and operational results. The company reported record adjusted EBITDA of approximately $1.2 billion and free cash flow of over $0.5 billion in Q2, marking an exceptional quarter with strong operational performance and…
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Mistras Group posts strong Q2 growth, eyes cash flow improvement By Investing.com
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Mistras Group (NYSE: NYSE:) reported a significant increase in financial performance for the second quarter of 2024, with notable revenue growth and a substantial rise in adjusted EBITDA. The company’s Aerospace and Defense segment experienced robust double-digit growth, contributing to the overall positive results. Despite these gains, Mistras Group acknowledged…