U.S. stocks ended lower in choppy trade after the Federal Reserve raised rates another 50 basis points at its final rate-setting meeting of 2022, a year in which the central Read more
Tag: raises
IEA raises oil demand view on gas-to-oil switching
A better-than-expected response to Europe’s energy crisis and surprising economic resilience among major Asian economies are boosting demand for oil as a heat source, the International Energy Agency said Wednesday Read more
Lufthansa raises 2022 outlook on strong air travel demand
Deutsche Lufthansa AG on Tuesday raised its earnings outlook for 2022 on strong demand for air travel, and said that its earnings performance in October and November exceeded expectations. The Read more
Macy’s stock soars 7% premarket after earnings beat as company raises full-year EPS guidance
Macy’s Inc. stock M, -8.07% soared 7% in premarket trade Thursday, after the department store chain beat consensus estimates for the third quarter and raised its full-year profit guidance. The Read more
EU lowers 2023 growth outlook, raises nflation forecasts as war in Ukraine takes toll
The European Commission lowered 2023 growth expectations for the eurozone economy and raised inflation forecasts on Friday, with Russia’s invasion of Ukraine denting global demand and reinforcing inflationary pressures. Gross Read more
EU lowers 2023 growth outlook, raises nflation forecasts as war in Ukraine takes toll
The European Commission lowered 2023 growth expectations for the eurozone economy and raised inflation forecasts on Friday, with Russia’s invasion of Ukraine denting global demand and reinforcing inflationary pressures. Gross Read more
Oprah snubbing Dr. Oz to endorse Fetterman days before midterms raises questions
Looks like Dr. Oz is no longer one of Oprah’s favorite things. The media mogul and WW International WW, -0.69% investor has endorsed Democrat John Fetterman over Republican Dr. Mehmet Read more
CVS Health raises outlook as third quarter results beat estimates
CVS Health beat Wall Street's expectations in its third quarter earnings report. The company also announced an opioid settlement. #earningsreport
Cash key for Chevron and Exxon Mobil as Truist raises stock price targets
Chevron Corp. and Exxon Mobil Corp.’s strong cash positions have prompted Truist Securities to raise its price targets for the oil and gas giants, as the stocks of both companies Read more
BOJ raises inflation expectations, maintains ultralow interest rates
TOKYO — The Bank of Japan on Friday raised its inflation forecast by 0.6 percentage point amid increases in energy prices and a weak yen, but it left its ultralow Read more