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Futures Pointing To Sharply Higher Open On Upbeat Nvidia Earnings

India, Feb. 22 -- Stocks are likely to move to the upside in early trading on Thursday, extending the upward move seen late in the previous session. The major index futures are currently pointing to a... Read More


Standard Motor Products Inc Reveals Retreat In Q4 Profit, misses estimates

India, Feb. 22 -- Standard Motor Products Inc (SMP) reported a profit for fourth quarter that decreased from the same period last year and missed the Street estimates. The company's earnings totaled ... Read More


Brambles HY Profit Rises; Lifts FY24 Underlying Profit Growth View

India, Feb. 22 -- Brambles Ltd. (BXB.AX,BMBLF.PK), a pooling solutions company, reported that its profit after tax for the first-half of fiscal year 2024 was US$391.3 million or 28.1 US cents per basi... Read More


U.S. Weekly Jobless Claims Unexpectedly Dip To 201,000

India, Feb. 22 -- A report released by the Labor Department on Thursday showed an unexpected dip in first-time claims for U.S. unemployment benefits in the week ended February 17th. The Labor Departm... Read More


Indonesia Bourse May End Losing Streak

India, Feb. 22 -- The Indonesia stock market has finished lower in two straight sessions, slipping more than a dozen points or 0.2 percent in that span. The Jakarta Composite Index now sits just benea... Read More


Poland Retail Sales Rise Most In 16 Months

India, Feb. 22 -- Poland's retail sales grew more-than-expected in January, and at the quickest pace in more than a year, figures from Statistics Poland showed on Thursday. At constant prices, retail... Read More


Builders FirstSource Q4 Earnings Surpass Estimates - Update

India, Feb. 22 -- (Adds Outlook) For the full year, Builders FirstSource Inc. (BLDR) expects sales of $17.5 billion to $18.5 billion, in line with analysts' estimate of $17.72 billion. BLDR was tradi... Read More


Allianz To Buy Back Up To EUR 1 Bln Of Shares; Proposes Higher Dividend

India, Feb. 22 -- German financial services major Allianz said that it will buy back up to 1 billion euros of shares. The buy-back program shall start in early March 2024 and be finalized by December ... Read More


Overbought China Stock Market Nonetheless Called Higher On Friday

India, Feb. 22 -- The China stock market has moved higher in seven straight sessions, surging more than 290 points or 10.3 percent along the way. The Shanghai Composite Index now rests just beneath th... Read More


Wall Street Targets To Open Positive Ahead Of Key Economic Announcements

India, Feb. 22 -- Initial Jobless Claims, Existing Home Sales, as well as Fed speeches, might be the highlight on Thursday. Earnings reports also might get attention. In more than 50 years, U.S. unma... Read More