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Loonie edges up after monthly employment data
Loonie edges up after monthly employment data
May 10, 2024
The Canadian dollar rose against most major rivals following monthly jobs data which revealed solid performance last month. The Canadian labor ministry reported the addition of 90.4 thousand new jobs in April, while analysts expected the addition of 20.9 thousand new jobs. The data also showed that Canadas unemployment rate stabilized at 6.1% last month, while analysts expected 6.2%. On...
AUD/USD Forecast: Key Resistance Levels to Watch as US CPI Looms
AUD/USD Forecast: Key Resistance Levels to Watch as US CPI Looms
May 13, 2024
Aussie Dollar (AUD/USD) Analysis Risk sentiment props up AUD with US CPI data on the horizonUS CPI expected to redirect attention to the disinflation narrative after consecutive months of stubborn price pressuresAUD/USD reveals key resistance levels in the event CPI heads lowerGet your hands on the Aussie dollar Q2 outlook today for exclusive insights into key market catalysts that should...
Yen heads for weekly loss as intervention momentum from Japanese authorities fade
Yen heads for weekly loss as intervention momentum from Japanese authorities fade
May 9, 2024
Yen fell in Asian trade on Friday against a basket of major rivals, resuming losses against the dollar after a short hiatus and heading for a weekly loss as intervention momentum from Japanese authorities faded. The losses came even as Japanese authorities issued a new series of warnings about the weakness of the local currency and irregular movements. However, markets...
Euro advances towards three-week highs amid cautious trading
Euro advances towards three-week highs amid cautious trading
May 13, 2024
Euro rose in European trade on Monday against a basket of major rivals, resuming gains against the dollar and heading towards three-week highs amid cautious trading ahead of fresh remarks by ECB officials. The most important event this week is the release of US inflation data, which will provide important clues on the future of the Federal Reserves interest rates....
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Sector Update: Financial Stocks Decline in Late Afternoon Trading
Sector Update: Financial Stocks Decline in Late Afternoon Trading
Jun 4, 2024
03:46 PM EDT, 06/04/2024 (MT Newswires) -- Financial stocks were lower in late Tuesday afternoon trading, with the NYSE Financial Index decreasing 0.8% and the Financial Select Sector SPDR Fund (XLF) off 0.5%. The Philadelphia Housing Index slumped 2%, and the Real Estate Select Sector SPDR Fund (XLRE) rose 1.2%. Bitcoin (BTC-USD) climbed 1.6% to $70,279, and the yield for...
Sector Update: Health Care
Sector Update: Health Care
Jun 4, 2024
03:38 PM EDT, 06/04/2024 (MT Newswires) -- Health care stocks advanced late Tuesday afternoon, with the NYSE Health Care Index rising 0.5% and the Health Care Select Sector SPDR Fund (XLV) up 0.2%. The iShares Biotechnology ETF (IBB) declined 0.1%. In corporate news, Elevance Health's ( ELV ) near-term earnings outlook is easily achievable amid commercial repricing, pharmacy benefit manager,...
Equity Markets Mixed as Traders Parse Job Openings Report
Equity Markets Mixed as Traders Parse Job Openings Report
Jun 4, 2024
03:43 PM EDT, 06/04/2024 (MT Newswires) -- US benchmark equity indexes were mixed ahead of Tuesday's close, as markets evaluated official data showing that job openings fell in April to the lowest level in more than three years. The Nasdaq Composite was down 0.1% at 16,810.9, while the S&P 500 was little changed at 5,282.7. The Dow Jones Industrial Average...
Sector Update: Financial
Sector Update: Financial
Jun 4, 2024
03:34 PM EDT, 06/04/2024 (MT Newswires) -- Financial stocks declined in late Tuesday afternoon trading, with the NYSE Financial Index decreasing 0.8% and the Financial Select Sector SPDR Fund (XLF) off 0.5%. The Philadelphia Housing Index slumped 1.9%, and the Real Estate Select Sector SPDR Fund (XLRE) rose 1.1%. Bitcoin (BTC-USD) climbed 2% to $70,482, and the yield for 10-year...
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TD SYNNEX Report Finds AI, Services and Specialization Are Driving the Next Wave of IT Growth
TD SYNNEX Report Finds AI, Services and Specialization Are Driving the Next Wave of IT Growth
Sep 23, 2025
Fourth-Annual Direction of Technology Report highlights key trends shaping the IT landscape, including insights specific to geographic regions, partner types and technology sectors FREMONT, Calif., & CLEARWATER, Fla.--(BUSINESS WIRE)-- TD SYNNEX ( SNX ) , a leading global distributor and solutions aggregator for the IT ecosystem, today released its Fourth Annual Direction of Technology (DoT) Report, which highlights how...
Intuit Rapidly Advances GenOS to Accelerate Development of Agentic AI Experiences at Scale
Intuit Rapidly Advances GenOS to Accelerate Development of Agentic AI Experiences at Scale
Sep 23, 2025
Company bolsters GenOS with cutting-edge Financial Intuit LLMs, seamless “expert-in-the-loop” integration with AI agents, Agent Starter Kit evaluation capabilities MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Intuit Inc. ( INTU ) , the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, has rapidly advanced its proprietary Generative AI Operating System (GenOS) over the past 90 days to...
EXTREME MUSIC LAUNCHES FIRST-OF-ITS-KIND PRODUCTION MUSIC PANEL FOR AVID MEDIA COMPOSER
EXTREME MUSIC LAUNCHES FIRST-OF-ITS-KIND PRODUCTION MUSIC PANEL FOR AVID MEDIA COMPOSER
Sep 23, 2025
From listening to licensing, the new panel gives creators seamless access to world-class production music directly within the industry-leading editing software. Download the Extreme Music Panel HERE LOS ANGELES, Sept. 23, 2025 /PRNewswire/ -- Extreme Music, an arm of Sony Music Publishing and the industry's most trusted powerhouse in production music, today announced a strategic alliance with Avid® to launch a...
Supplier.io Survey Finds 96% of Executives Want to Source More From Small Businesses, But Execution Gaps Are Costing Them
Supplier.io Survey Finds 96% of Executives Want to Source More From Small Businesses, But Execution Gaps Are Costing Them
Sep 23, 2025
Survey of 150+ Executives Shows Macroeconomic Pressures Forcing Enterprises to Rethink Supply Chains, with Small Suppliers Moving to the Center of Sourcing Strategies. CHICAGO--(BUSINESS WIRE)-- Supplier.io, the market-leading provider of supplier and sourcing intelligence solutions, has released new research highlighting the growing importance of small suppliers in enterprise supply chains. According to the new report, Scaling Small: Inside the...
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Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Sunnova Energy's unit files for Chapter 11 bankruptcy protection
Sunnova Energy's unit files for Chapter 11 bankruptcy protection
Jun 5, 2025
(Corrects headline and paragraph 1 to say unit filed for bankruptcy, not entire company) -Sunnova Energy ( NOVA ) said on Thursday it had filed for Chapter 11 bankruptcy protection for one of its units in the United States, as the residential solar panel installer grapples with a massive debt pile and sluggish demand. ...
Dorman Products CFO David Hession to Retire
Dorman Products CFO David Hession to Retire
Jun 5, 2025
05:01 PM EDT, 06/05/2025 (MT Newswires) -- Dorman Products ( DORM ) said late Thursday that its chief financial officer, David Hession, plans to retire later this year. The automotive aftermarket parts supplier said it has initiated a search to find Hession's successor. Hession, who has held the CFO role since February 2019, will remain in his role until a...
Torrid Q1 Earnings, Net Sales Decrease; Fiscal 2025 Sales Outlook Lowered
Torrid Q1 Earnings, Net Sales Decrease; Fiscal 2025 Sales Outlook Lowered
Jun 5, 2025
04:55 PM EDT, 06/05/2025 (MT Newswires) -- Torrid (CURV) reported Q1 earnings late Thursday of $0.06 per diluted share, down from $0.12 a year earlier. Analysts polled by FactSet expected $0.04. Net sales for the quarter ended May 3 were $266.0 million, down from $279.8 million a year earlier. Analysts surveyed by FactSet expected $270.6 million. The company said it...
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