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European Shares Subdued As Investors Await Fed Comments

India, May 16 -- European stocks were subdued on Thursday as softer U.S. consumer inflation data brought Fed rate cuts back into focus. The dollar was on the back foot and U.S Treasury yields sank to... Read More


FTSE 100 Dips On Mixed Earnings

India, May 16 -- U.K. stocks were slightly lower on Thursday as investors reacted to mixed earnings results and awaited comments from Federal Reserve officials for additional clues on the rate outlook... Read More


CAC 40 Dips With Rate-cut Bets Back In Focus

India, May 16 -- French stocks were subdued on Thursday as softer U.S. consumer inflation data brought Fed rate cuts back into focus. Closer home, the European Central Bank is widely expected to star... Read More


Dollar Rebounds, Gains Against Major Counterparts

India, May 16 -- The U.S. dollar climbed higher on Thursday, recovering from recent losses, lifted by data showing an increase in import prices, and hawkish comments from a couple of Fed officials. D... Read More


DAX Slips Into Red On Earnings; Siemens Falls Over 4%

India, May 16 -- German stocks were slightly lower on Thursday, after having gained notably the previous day on expectations surrounding possible interest-rate cuts by the Federal Reserve this year. ... Read More


Asian Shares Rally On U.S. Rate-Cut Bets

India, May 16 -- Asian stocks rallied on Thursday after Wall Street's three major indexes notched record closes overnight on optimism that inflation is heading back in the right direction and that the... Read More


Flowers Foods Inc Q1 Profit Increases, But Misses Estimates

India, May 16 -- Flowers Foods Inc (FLO) released a profit for its first quarter that increased from last year but missed the Street estimates. The company's bottom line totaled $73.0 million, or $0.... Read More


Copart, Inc. Q3 Income Increases In Line With Estimates

India, May 16 -- Copart, Inc. (CPRT) announced a profit for its third quarter that increased from the same period last year in line with the Street estimates. The company's bottom line totaled $382.2... Read More


Applied Materials Inc. Profit Advances In Q2

India, May 16 -- Applied Materials Inc. (AMAT) announced earnings for its second quarter that increased from the same period last year The company's bottom line came in at $1.72 billion, or $2.06 per... Read More


Treasuries Move Modestly Lower Following Recent Strength

India, May 16 -- After failing to sustain an initial move to the upside, treasuries moved modestly lower over the course of the trading session on Thursday. Bond prices pulled back off their early hi... Read More