Sprouts Farmers Market, Inc. (SFM), a supermarket chain, on Tuesday reported flat earnings for the third quarter, on higher SG&A expenses despite a 7.6 percent increase in revenues. Both earnings and revenue surpassed Street view. Further, the company issued its outlook for the fourth quarter and raised its guidance for […]
London-headquartered mining business Anglo American (AAL) on Tuesday said that on a copper equivalent production basis, production for the third quarter decreased by 1 percent compared to last year. However, sequentially, production volumes increased by 4 percent. Copper production increased by 42 percent, on account of the progressive increase in […]
The Labor Department released a report on Thursday showing first-time claims for unemployment benefits in the U.S. unexpectedly declined to a nearly nine-month low in the week ended October 14th. The report said initial jobless claims fell to 198,000, a decrease of 13,000 from the previous week’s revised level of […]
Save articles for later Add articles to your saved list and come back to them any time. Hands up if you think a lot of the money the government spends is wasted. I think a lot of people would agree. But the question’s not as easily answered as you may […]
Save articles for later Add articles to your saved list and come back to them any time. After the rush to open share trading accounts to snare Australian shares cheaply during the pandemic market downturn, investors are letting their cash build up while they wait for the next sustained dip […]
Save articles for later Add articles to your saved list and come back to them any time. There’s a lot of financial content out there on how to save money. But there’s a lot less advice about the other side of the coin: how to spend money. The reasons seem […]
India’s central bank left its benchmark interest rate unchanged for the fourth straight session on Friday but cited high inflation as a major risk to stability and sustainable growth and raised the possibility of open market bond sales to absorb excess liquidity. The Monetary Policy Committee of the Reserve Bank […]
The Commerce Department released a report on Thursday showing the pace of U.S. economic growth in the second quarter of 2023 was unrevised from the previous estimate. The report said real gross domestic product increased by 2.1 percent in the second quarter, unrevised from the estimate provided last month. The […]
Thailand’s central bank lifted its key interest rate by another quarter point to the highest level in a decade and hinted that rates are unlikely to be raised again as inflation remains below target. The Monetary Policy Committee of the Bank of Thailand unanimously voted to raise the benchmark rate […]
Swedish retailer Hennes & Mauritz AB or H&M Group (HNNMY.PK,HMRZF.PK,HEN.L) reported Wednesday a surge in third-quarter profit amid absence of last year’s hefty charge, increase in net sales and weak expenses. Further, the board of directors has decided to buy back the company’s own B shares for 3 billion kronor […]
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