The numbers: A closely-watched index that measures U.S. manufacturing activity slipped to 48.4 in December from 49 in the prior month, according to the Institute for Supply Management on Wednesday. Read more
Tag: weakness
ISM shows weakness in factory activity spreading in December
The numbers: A closely-watched index that measures U.S. manufacturing activity slipped to 48.4 in December from 49 in the prior month, according to the Institute for Supply Management on Wednesday. Read more
Jobless claims inch up to 216,000, but offer little sign of labor-market weakness
The numbers: The number of Americans who applied for unemployment benefits in the week before Christmas rose slightly to 216,000, but new filings remained low and signaled the labor market Read more
Bank of Japan’s Kuroda again cautions against sharp yen weakness
Bank of Japan Gov. Haruhiko Kuroda on Monday reiterated his caution about rapid yen USDJPY, +0.21% weakness and promised to maintain close coordination with the government. “Rapid movements in currencies Read more
Take-Two stock sinks as analysts walk off mobile weakness, focus on pipeline
Take-Two Interactive Software Inc. shares fell double-digits Tuesday after Wall Street absorbed a hefty outlook cut owing to the videogame publisher’s overestimate of the mobile market in the latter half of Read more
China’s factory, construction, service activity slump in fresh sign of economic weakness
China’s official gauges measuring factory, construction and service activities all tumbled into contraction territory in October, signaling fresh signs of weakness in the world’s second-largest economy. The official manufacturing purchasing Read more
Generac stock rocked after profit warning due to weakness in home generator business
Shares of Generac Holdings Inc. suffered a record selloff on Wednesday after the manufacturer of home generators and solar equipment issued an earnings warning and cut its growth outlook, citing Read more
Opinion: The Fed must act tough now to restore the credibility that it lost in a moment of weakness
CAMBRIDGE, England (Project Syndicate)—Financial markets’ reaction to the Federal Reserve’s latest policy move was reminiscent more of developing countries than of the world’s most powerful economy. Given that the Fed Read more
Olive Garden parent Darden’s stock falls after same-store sales miss, amid weakness in flagship restaurant chains
Shares of Darden Restaurants Inc. DRI, -1.11% dove 2.5% in premarket trading Thursday, after the restaurant chain operator matched fiscal first-quarter profit expectations but missed on same-store sales, amid weakness Read more
Starbucks earnings beat expectations despite continued weakness in China
Starbucks Corp. produced better earnings than expected in the fiscal third quarter, despite a massive drop-off in comparable sales in China Starbucks SBUX, -1.41% reported fiscal third-quarter profit of $912.9 Read more
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