Category: Sales
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Evertz Technologies sees record sales in fiscal 2024 By Investing.com
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Evertz Technologies (ET) reported a significant increase in sales for the fiscal year 2024, with a record-setting $514.6 million, marking a 13% growth from the prior year. The company’s earnings call highlighted a robust $295 million backlog, indicating strong demand for its products and services. Evertz also announced a regular…
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Retail sales miss in May indicative of fading consumer momentum
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Investing.com – Analysts from Wells Fargo (NYSE:) noted on Tuesday that weaker-than-expected May data indicated a decline in consumer spending. Retail sales data for May came in slightly lower than expected, rising just 0.1%. Furthermore, there were downward revisions to previous months’ data, implying a weaker spending environment in the…
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Stocks gain, US yields decline after retail sales data By Reuters
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Written by Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks rose for a second straight session on Tuesday and U.S. Treasury yields fell after a lower-than-expected report on consumer spending, while investors digested comments from several Federal Reserve officials on interest rates. The US Commerce Department said…
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Dollar edges higher ahead of retail sales, speeches by Fed officials By Investing.com
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Investing.com – The US dollar rose on Tuesday ahead of key retail sales data and speeches from Federal Reserve officials, as traders looked for clues to better gauge the timing and pace of interest rate cuts. At 04:20 EDT (08:20 GMT), the dollar index, which tracks the greenback against a…
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Some light releases in Europe as the spotlight turns to US retail sales data later today
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The major currencies saw little changes during the day, with the dollar starting the week with a more mixed performance yesterday. The euro remained steady as political problems eased slightly. But these risks still persist and may come back to affect the single currency, with a focus on the early…
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Philip Morris suspends nationwide sales on Zyn.com after D.C. subpoena By Reuters
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(Reuters) – Tobacco giant Philip Morris International (NYSE:) said on Monday it will suspend online sales on Swedish Match North America’s ZYN.com website nationwide as nicotine pouch maker Zyn responds to a recall from the District of Columbia (D.C.). ). Philip Morris bought Swedish Match in a $16 billion deal…
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Tesco Sees Surge in Sales as Shopper Confidence Rebounds
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Tesco, the UK’s largest retailer, has reported a marked increase in shopper confidence, reflected in “strong” sales growth over the past three months. The supermarket giant saw a nearly 5% rise in UK sales, as shoppers bought more items and switched to Tesco from rivals. The increase in sales was…
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NFT sales drop 16% to less than $122 million: What Happened?
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This week saw a significant decline in the non-fungible token (NFT) market, which saw sales decline by approximately 16% after a 17% surge the previous week. for every CryptoSlamTotal sales reached $121.7 million, with more than 519,000 buyers and sellers actively trading. Blockchain NFT Sales Collapse Blockchains by NFT Sales…
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Newsquawk Week Ahead: Highlights include BoE, SNB, US retail sales
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Week Ahead 17-21st June: Mon: PBoC MLF, Chinese Activity Data (May), EZ Wages and Labour Costs (Q1) Tue: RBA Announcement, NBH Announcement, EZ Final CPI (May), German ZEW Survey (Jun), US Retail Sales (May), Japanese Trade Balance (May) Wed: BoC Minutes, BCB Announcement, UK Inflation (May), New Zealand GDP (Q1)…
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Former MultiBank Sales Director Takes Helm as CEO at MHMarkets
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Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24…
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Russia eases forex sales requirements for contracts in roubles By Reuters
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MOSCOW (Reuters) – The Russian government has eased requirements for mandatory foreign currency sales for exporters if more than half the value of their contracts is paid in rubles, according to changes to a government decree. President Vladimir Putin signed a decree in October reimposing capital controls, affecting dozens of…
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Russia eases forex sales requirements for contracts in roubles By Reuters
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MOSCOW (Reuters) – The Russian government has eased requirements for mandatory foreign currency sales for exporters if more than half the value of their contracts is paid in rubles, according to changes to a government decree. President Vladimir Putin signed a decree in October reimposing capital controls, affecting dozens of…
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Dollar rebounds ahead of PCE release; euro slips after German retail sales By Investing.com
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Investing.com – The US dollar rose slightly in early European trade on Friday, rebounding from the previous session’s losses ahead of key inflation data, which could push future interest rate expectations. At 04:30 EST (08:30 GMT), the dollar index, which tracks the greenback against a basket of six other currencies,…
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US dollar extends decline after poor pending home sales reading
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The US dollar hit intraday lows after the worst pending home sales report in three years. The 7.7% monthly decline in April highlights the impact of rising interest rates, especially as Treasury yields rose during the month. EURUSD 10 minutes The market is struggling to figure out where the American…
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Salesforce plummets on weak Q1 sales, forecast (NYSE:CRM)
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Analysts sees upside for EUR/GBP amid weak UK retail sales By Investing.com
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Analysts at ING said that the currency pair appears undervalued, after UK retail sales data came in below expectations. The report released today showed a 2.7% year-on-year decline in core retail sales for April, with the underlying figure, excluding motor fuels, down 2.0%. Furthermore, March sales data was revised downward.…
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UK retail sales the highlight of the agenda in the session ahead
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The dollar benefited from yesterday’s US PMI data, along with a reversal in risk sentiment. US indices in particular ended with losses after starting the day brightly on the back of Nvidia’s increased profits. This leaves us with an atmosphere of caution in the final period of the week. For…
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Photronics posts steady Q2 sales despite challenges By Investing.com
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Photronics , Inc. (NASDAQ:), a global leader in photomask manufacturing, reported a modest increase in second-quarter sales to $217 million, overcoming temporary market softness and an earthquake in Taiwan. The company experienced a slight disruption, with a $3 million reduction in sales attributed to the earthquake’s impact on production. However,…
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Saxo Bank Merges Sales and SXO Units, Names New Chief Commercial Officer
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Saxo Bank has restructured its operations by merging Global Sales and SXO into a new entity called Group Commercial. This measure aims to simplify operations and enhance operations. The online trading and investment specialist has promised a more cohesive and effective approach to servicing its clients. Improving mutual cooperation According…