NEWS 

Real-time and near-time news

 

 

 

ANALYSIS

Stock analysis as news feed

 

 

VIDEO

Range of services

 

 

Newsticker

Companies
Economic News
Markets

TOKYO (dpa-AFX) - The Japanese market is trading sharply higher on Thursday, extending the gains in the previous three sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving well above the 39,400 level, with gains across most sectors led by most index heavyweights and financial stocks.

The benchmark Nikkei 225 Index is up 470.70 points or 1.21 percent to 39,434.40, after touching a high of 39,444.16 earlier. Japanese shares ended notably higher on Wednesday.

Market heavyweight SoftBank Group is losing almost 4 percent, while Uniqlo operator Fast Retailing is gaining more than 2 percent. Among automakers, Toyota is gaining more than 2 percent and Honda is also adding more than 2 percent.

In the tech space, Advantest is advancing almost 4 percent and Screen Holdings is edging up 0.3 percent, while Tokyo Electron is losing almost 1 percent.

In the banking sector, Mizuho Financial is gaining almost 2 percent, Mitsubishi UFJ Financial is adding more than 1 percent and Sumitomo Mitsui Financial is up almost 1 percent.

Among the major exporters, Sony and Panasonic are gaining almost 1 percent each, while Canon is advancing more than 2 percent. Mitsubishi Electric is flat.

Among other major gainers, Trend Microis skyrocketing almost 13 percent, Toray Industries is soaring more than 9 percent, Shizuoka Financial is surging almost 8 percent and Daiichi Sankyo is gaining almost 6 percent, while M3, Tokai Carbon and Kajima are advancing more than 5 percent each. Yamaha Motor is adding 4.5 percent and Eisai is up almost 4 percent, while Shiseido, Chugai Pharmaceutical, Otsuka Holdings, Subaru and Astellas Pharma are rising more than 3 percent each.

Conversely, JGC Holdings is plummeting 13.5 percent, Nitori Holdings is plunging more than 6 percent and Recruit Holdings is declining more than 4 percent, while Mitsui Mining & Smelting and Furukawa Electric are losing almost 4 percent each. Fujikura and Japan Steel Works are down almost 3 percent each.

In economic news, producer prices in Japan were up 0.3 percent on month in January, the Bank of Japan said on Thursday. That was in line with expectations and up from the upwardly revised 0.4 percent gain in December (originally 0.3 percent). On a yearly basis, producer prices climbed 4.2 percent - exceeding expectations for 4.0 percent and up from the upwardly revised 3.9 percent in the previous month (originally 3.8 percent).

Export prices rose 0.2 percent on month and 0.8 percent on year, the bank said, while import prices added 0.1 percent on month and slumped 2.2 percent on year.

In the currency market, the U.S. dollar is trading in the mid-154 yen-range on Thursday.

On Wall Street, stocks showed a notable recovery attempt over the course of the trading day on Wednesday after moving sharply lower early in the session. The major averages climbed well off their worst levels of the day, with the tech-heavy Nasdaq reaching positive territory.

The Nasdaq inched up 6.09 points or less than a tenth of a percent to 19,649.95 after tumbling by as much as 1.2 percent, but the Dow and the S&P 500 ended the day in the red. The Dow slid 225.09 points or 0.5 percent to 44,368.56, while the S&P 500 fell 16.53 points or 0.3 percent to 6,051.97.

Meanwhile, the major European markets moved to the upside on the day. While the German DAX Index climbed by 0.5 percent, the U.K.'s FTSE 100 Index increased by 0.3 percent and the French CAC 40 Index crept up by 0.2 percent.

Crude oil prices fell sharply on Wednesday, weighed down by data showing a larger than expected increase in U.S. crude inventories last week. West Texas Intermediate Crude oil futures settled lower by $1.95 or about 2.66 percent at $71.37 a barrel, falling after three successive days of gains.

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX

BEIJING (dpa-AFX) - The China stock market bounced higher again on Wednesday, one day after snapping the three-day winning streak in which it had improved almost 90 points or 2.8 percent. The Shanghai Composite Index now rests just beneath the 3,350-point plateau although it may open in the red on Thursday.

The global forecast for the Asian markets is soft thanks to concerns over the outlook for interest rates. The European markets were up and the U.S. bourses were mostly lower and the Asian markets figure to follow the latter lead.

The SCI finished modestly higher on Wednesday as gains from the financial shares and property stocks were capped by weakness from the resource companies.

For the day, the index gained 28.33 points or 0.85 percent to finish at the daily high of 3,346.39 after trading as low as 3,310.39. The Shenzhen Composite Index climbed 25.98 points or 1.29 percent to end at 2,033.97.

Among the actives, Industrial and Commercial Bank of China gained 1.17 percent, while Bank of China rose 0.37 percent, China Construction Bank strengthened 1.51 percent, China Merchants Bank rallied 1.56 percent, Agricultural Bank of China collected 0.59 percent, China Life Insurance climbed 1.11 percent, Jiangxi Copper slumped 1.55 percent, Aluminum Corp of China (Chalco) tumbled 2.04 percent, Yankuang Energy shed 0.75 percent, PetroChina eased 0.12 percent, China Petroleum and Chemical (Sinopec) dipped 0.16 percent, China Shenhua Energy sank 0.86 percent, Gemdale surged 4.57 percent, Poly Developments soared 3.62 percent, China Vanke skyrocketed 9.94 percent and Huaneng Power was unchanged.

The lead from Wall Street is uninspired as the major averages opened lower and largely stayed that way, although the NASDAQ peeked up into the green by the close.

The Dow dropped 225.09 points or 0.50 percent to finish at 44,368.56, while the NASDAQ perked 6.10 points or 0.03 percent to close at 19,649.95 and the S&P 500 lost 16.53 points or 0.27 percent to end at 6,051.97.

The early sell-off on Wall Street came following the release of a closely watched Labor Department report showing consumer prices in the U.S. increased by more than expected in January.

The hotter than expected inflation data increased speculation the Federal Reserve will leave interest rates on hold for a prolonged period.

Oil prices fell sharply on Wednesday, weighed down by data showing a larger than expected increase in U.S. crude inventories last week. West Texas Intermediate Crude oil futures settled lower by $1.95 or about 2.66 percent at $71.37 a barrel, falling after three successive days of gains.

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX

TOKYO (dpa-AFX) - The Japanese stock market has moved higher in two straight sessions, advancing more than 175 points or 0.4 percent along the way. The Nikkei 225 now sits just above the 38,960-point plateau although it may spin its wheels on Thursday.

The global forecast for the Asian markets is soft thanks to concerns over the outlook for interest rates. The European markets were up and the U.S. bourses were mostly lower and the Asian markets figure to follow the latter lead.

The Nikkei finished modestly higher on Wednesday following gains from the financials, weakness from the automobile producers and a mixed bag from the technology stocks.

For the day, the index improved 162.53 points or 0.42 percent to finish at 38,963.70 after trading between 38,794.24 and 39,102.65.

Among the actives, Nissan Motor plunged 5.88 percent, while Mazda Motor tumbled 1.96 percent, Toyota Motor dropped 0.90 percent, Honda Motor retreated 1.34 percent, Softbank Group rallied 3.79 percent, Mitsubishi UFJ Financial collected 0.32 percent, Mizuho Financial perked 0.17 percent, Sumitomo Mitsui Financial climbed 1.08 percent, Mitsubishi Electric advanced 0.90 percent, Sony Group slumped 1.66 percent, Panasonic Holdings spiked 2.58 percent and Hitachi was up 0.05 percent.

The lead from Wall Street is uninspired as the major averages opened lower and largely stayed that way, although the NASDAQ peeked up into the green by the close.

The Dow dropped 225.09 points or 0.50 percent to finish at 44,368.56, while the NASDAQ perked 6.10 points or 0.03 percent to close at 19,649.95 and the S&P 500 lost 16.53 points or 0.27 percent to end at 6,051.97.

The early sell-off on Wall Street came following the release of a closely watched Labor Department report showing consumer prices in the U.S. increased by more than expected in January.

The hotter than expected inflation data increased speculation the Federal Reserve will leave interest rates on hold for a prolonged period.

Oil prices fell sharply on Wednesday, weighed down by data showing a larger than expected increase in U.S. crude inventories last week. West Texas Intermediate Crude oil futures settled lower by $1.95 or about 2.66 percent at $71.37 a barrel, falling after three successive days of gains.

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX

WASHINGTON (dpa-AFX) - After moving sharply lower early in the session, stocks showed a notable recovery attempt over the course of the trading day on Wednesday. The major averages climbed well off their worst levels of the day, with the tech-heavy Nasdaq reaching positive territory.

The Nasdaq inched up 6.09 points or less than a tenth of a percent to 19,649.95 after tumbling by as much as 1.2 percent, but the Dow and the S&P 500 ended the day in the red.

The Dow slid 225.09 points or 0.5 percent to 44,368.56, while the S&P 500 fell 16.53 points or 0.3 percent to 6,051.97.

The early sell-off on Wall Street came following the release of a closely watched Labor Department report showing consumer prices in the U.S. increased by more than expected in the month of January.

The Labor Department said its consumer price index advanced by 0.5 percent in January after climbing by 0.4 percent in December. Economists had expected consumer prices to rise by 0.3 percent.

The report also said the annual rate of consumer price growth accelerated to 3.0 percent in January from 2.9 percent in December, while economists had expected the pace of growth to remain unchanged.

The bigger than expected monthly increase by consumer prices partly reflected a continued surge by energy prices, which shot up by 1.1 percent in January after spiking by 2.4 percent in December.

Excluding the jump by energy prices as well as a 0.4 percent increase by food prices, core consumer prices rose by 0.4 percent in January after inching up by 0.2 percent in December. Core prices were expected to increase by 0.3 percent.

The annual rate of core consumer price growth also ticked up to 3.3 percent in January from 3.2 percent in December. Economists had expected the pace of growth to slow to 3.1 percent.

The hotter than expected inflation data increased speculation the Federal Reserve will leave interest rates on hold for a prolonged period.

Fed Chair Jerome Powell noted during his congressional testimony on Tuesday that the central bank can 'maintain policy restraint for longer' if inflation does not continue to move sustainably toward 2 percent.

'Today's data reaffirms Powell's decision to put rate cuts on the back burner for an extended period of time,' said Charlie Ripley, Senior Investment Strategist for Allianz Investment Management.

He added, 'Overall, today's inflation data should force market participants to re-think the Fed's ability to cut rates this year, especially considering the rise in prices is likely unrelated to any tariff activity from the White House.'

The early selling pressure was partly offset by a report from Reuters indicating President Donald Trump is considering exemptions to the reciprocal tariffs he may announce as early as Thursday.

House Speaker Mike Johnson told Reuters the exemptions could include the automobile and pharmaceutical industries but admitted he is 'not certain.'

Sector News

Oil producer stocks moved sharply lower over the course of the session, dragging the NYSE Arca Oil Index down by 2.9 percent.

The sell-off by oil stocks came as the price of crude oil plunged following the release of a report showing a bigger than expected weekly increase by U.S. crude oil inventories.

Significant weakness also remained visible among interest rate-sensitive housing stocks, as reflected by the 1.7 percent loss posted by the Philadelphia Housing Sector Index.

Natural gas, steel and commercial real estate stocks also saw notable weakness, while gold stocks showed a strong move to the upside despite a modest decrease by the price of the precious metal.

Other Markets

In overseas trading, stock markets across the Asia-Pacific region moved mostly higher during trading on Wednesday. Japan's Nikkei 225 Index rose by 0.4 percent, while China's Shanghai Composite Index advanced by 0.9 percent and Hong Kong's Hang Seng Index surged by 2.6 percent.

The major European markets also moved to the upside on the day. While the German DAX Index climbed by 0.5 percent, the U.K.'s FTSE 100 Index increased by 0.3 percent and the French CAC 40 Index crept up by 0.2 percent.

In the bond market, treasuries moved sharply lower in reaction to the consumer price inflation data. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, jumped 10.0 basis points to 4.637 percent.

Looking Ahead

Trading on Thursday may be impacted by reaction to the latest U.S. economic data, including reports on weekly jobless claims and producer price inflation.

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX

WASHINGTON (dpa-AFX) - After a positive start Wednesday morning, the Switzerland market turned subdued and then fell into the red around mid afternoon, but recovered gradually to finally end the day's session marginally higher.

Investors assessed the data on U.S. consumer price inflation for clues about the Federal Reserve's interest-rate moves.

The benchmark SMI closed up 19.74 points or 0.16% at 12,713.90, off the day's low of 12,617.10.

SGS gained 1.52%. The company announcing it has purchased Italian independent customs operations and consulting company Stella Operazioni Doganali. SGS expects the acquisition to strengthen its trade facilitation services in Italy and the European customs network.

Schindler Ps and Roche Holdings gained 1.5% and 1.21%, respectively. Richemont, SIG Group, Nestle and Swatch Group closed higher by 0.6 to 0.9%.

Lindt & Spruengli, Givaudan, Julius Baer and Sandoz ended modestly higher.

Alcon closed down 1.56%, VAT Group ended 1.2% down, and Sonova declined 1.01%. UBS Group and Kuehne + Nagel also ended notably lower.

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks closed higher on Wednesday despite concerns about fresh tariffs by U.S., and data showing a bigger than expected increase in U.S. consumer price inflation raising prospects of the Federal Reserve holding interest rates higher for longer.

Investors mostly tracked earnings updates and other corporate news for direction.

Data from the Labor Department report said the consumer price index advanced by 0.5% in January after climbing by 0.4% in December. Economists had expected consumer prices to rise by 0.3%.

The report also said the annual rate of consumer price growth accelerated to 3% in January from 2.9% in December, while economists had expected the pace of growth to remain unchanged.

The annual rate of core consumer price growth also ticked up to 3.3% in January from 3.2% in December. Economists had expected the pace of growth to slow to 3.1%.

On the tariffs front, Trump said on Monday that he would introduce 25% tariffs on all steel and aluminium imports from March 12, a move which received condemnation from Mexico, Canada and the European Union.

The pan European Stoxx 600 edged up 0.11%. The U.K.'s FTSE 100 climbed 0.34%, Germany's DAX closed higher by 0.5% and France's CAC 40 ended 0.17% up, while Switzerland's SMI settled 0.16% up.

Among other markets in Europe, Austria, Belgium, Finland, Greece, Ireland, Netherlands, Poland, Russia, Spain and Sweden closed higher.

Denmark, Iceland, Norway, Portugal and Turkiye ended weak.

In the UK market, Prudential climbed about 5.8%. Entain closed 5.5% up. Barratt Redrow closed stronger by 5.3% after the company launched a £50 million share buyback and said it expects annual earnings towards the upper end of market view.

Barratt Redrow reported profit before tax of 117.2 million pounds for the first half, 23.1% higher than 95.2 million pounds in the comparable period last year. Adjusted profit was 121 million pounds or 9.1p per share versus 114.8p per share or 11.6p per share a year ago.

Additionally, the company plans to buy back its ordinary shares of 10 pence each, for up to 50 million pounds starting from February 12, 2025, through June 30, 2025.

Croda International, Kingfisher, EasyJet, Schrodders, Lloyds Banking Group, JD Sports Fashion, AstraZeneca, Melrose Industries, Intertek Group, Informa, BP, Rentokil Initial, Vodafone Group, Compass Group, Howden Joinery, British Land and Intercontinental Hotels Group gained 1 to 2.7%.

Glencore ended nearly 2.5% down. Centrica drifted down 2.1%, while St. James's Place, Games Workshop, Diageo, United Utilities, Ashtead Group, Taylor Wimpey, National Grid, Persimmon, Sainsbury (J) and Marks & Spencer lost 1 to 2%.

In the German market, Siemens Energy climbed about 5%. BASF rallied 3% and Puma ended nearly 2.5% up. Zalando, Adidas, Mercedes-Benz, Deutsche Boerse, Symrise, Bayer, Brenntag, Infineon, Allianz, Deutsche Telecom, Volkswagen and MTU Aero Engines closed with sharp to moderate gains.

Vonovia lost about 3.4%. RWE and Daimler Truck Holding both ended down by a little over 2%. Siemens Healthineers, Siemens and Beiersdorf lost 1 to 1.25%.

In the French market, Kering climbed more than 7% despite a 12% drop in revenue in the fourth quarter of 2024.

Edenred gained about 3.1% and Teleperformance closed 2.8% up. Societe Generale, Renault, Capgemini, Airbus Group, Orange, BNP Paribas, Danone and Sanofi gained 1 to 2%.

L'Oreal, Schneider Electric, Veolia and Engie lost 1.2 - 2.1%.

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX

WASHINGTON (dpa-AFX) - Stocks moved sharply lower in early trading on Wednesday in reaction to hotter than expected consumer price inflation data. The major averages have climbed well off their worst levels since then but remain in negative territory.

After falling nearly 500 points early in the session, the Dow is currently down 275.84 points or 0.6 percent at 44,317.81. The S&P 500 is down 27.26 points or 0.5 percent at 6,041.24 and the Nasdaq is down 54.84 points or 0.3 percent at 19,589.02.

The early sell-off on Wall Street came following the release of a closely watched Labor Department report showing consumer prices in the U.S. increased by more than expected in the month of January.

The Labor Department said its consumer price index advanced by 0.5 percent in January after climbing by 0.4 percent in December. Economists had expected consumer prices to rise by 0.3 percent.

The report also said the annual rate of consumer price growth accelerated to 3.0 percent in January from 2.9 percent in December, while economists had expected the pace of growth to remain unchanged.

The bigger than expected monthly increase by consumer prices partly reflected a continued surge by energy prices, which shot up by 1.1 percent in January after spiking by 2.4 percent in December.

Excluding the jump by energy prices as well as a 0.4 percent increase by food prices, core consumer prices rose by 0.4 percent in January after inching up by 0.2 percent in December. Core prices were expected to increase by 0.3 percent.

The annual rate of core consumer price growth also ticked up to 3.3 percent in January from 3.2 percent in December. Economists had expected the pace of growth to slow to 3.1 percent.

The hotter than expected inflation data has increased speculation the Federal Reserve will leave interest rates on hold for a prolonged period.

Fed Chair Jerome Powell noted during his congressional testimony on Tuesday that the central bank can 'maintain policy restraint for longer' if inflation does not continue to move sustainably toward 2 percent.

'Today's data reaffirms Powell's decision to put rate cuts on the back burner for an extended period of time,' said Charlie Ripley, Senior Investment Strategist for Allianz Investment Management.

He added, 'Overall, today's inflation data should force market participants to re-think the Fed's ability to cut rates this year, especially considering the rise in prices is likely unrelated to any tariff activity from the White House.'

Sector News

Despite the recovery attempt by the broader markets, housing stocks continue to see substantial weakness, with the Philadelphia Housing Sector Index slumping by 2.5 percent to its lowest intraday level in a month.

Considerable weakness also remains visible among networking stocks, as reflected by the 1.2 percent loss being posted by the NYSE Arca Networking Index.

Interest rate-sensitive commercial real estate and telecom stocks are also seeing notable weakness, while gold stocks have shown strong move to the upside despite a decrease by the price of the precious metal.

Other Markets

In overseas trading, stock markets across the Asia-Pacific region moved mostly higher during trading on Wednesday. Japan's Nikkei 225 Index rose by 0.4 percent, while China's Shanghai Composite Index advanced by 0.9 percent and Hong Kong's Hang Seng Index surged by 2.6 percent.

The major European markets have also moved to the upside on the day. While the German DAX Index is up by 0.5 percent, the French CAC 40 Index is up by 0.3 percent and the U.K.'s FTSE 100 Index is up by 0.2 percent.

In the bond market, treasuries have moved sharply lower in reaction to the consumer price inflation data. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, is up by 11.7 basis points at 4.654 percent.

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX

BRUSSELS (dpa-AFX) - U.K. stocks are moving in a tight band along the flat line Wednesday morning as investors largely stay cautious ahead of U.S. consumer price inflation data due later in the day.

Fears of a global trade war following fresh tariffs by the Trump administration weigh on sentiment.

The benchmark FTSE 100, moving in a tight range between 8,775.04 and 8,791.52, wis down marginally at 8,776.90.

Shares of residential property developer Barratt Redrow are up more than 6% after the company launched a £50 million share buyback and said it expects annual earnings towards the upper end of market view.

Barratt Redrow reported profit before tax of 117.2 million pounds for the first half, 23.1% higher than 95.2 million pounds in the comparable period last year. Adjusted profit was 121 million pounds or 9.1p per share versus 114.8p per share or 11.6p per share a year ago.

Additionally, the company plans to buy back its ordinary shares of 10 pence each, for up to 50 million pounds starting from February 12, 2025, through June 30, 2025.

Croda International is up nearly 4%. Kingfisher, JD Sports Fashion, Land Securities, Prudential, British Land Company, EasyJet, Barclays Group, Entain and Schrodders are up 1.4 to 2.5%.

Reckitt Benckiser, Centrica, BP, GSK, Endeavour Mining, Shell, St. James's Place, Scottish Mortgage and Glencore are down 0.5 to 1.5%.

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX

BRUSSELS (dpa-AFX) - French stocks are up Wednesday morning, extending gains to a third session and hovering around 8-month highs, as investors continue to react to a slew of corporate earnings updates, and look ahead to U.S. consumer price inflation data.

Economists expect U.S. core consumer inflation to increase slightly to 0.3% for January.

Worries about the potential impact of fresh tariffs by U.S. President Donald Trump limit market's upside.

Trump said on Monday that he would introduce 25% tariffs on all steel and aluminium imports from March 12, a move which received condemnation from Mexico, Canada and the European Union.

The benchmark CAC 40, which climbed to 8,067.07, was up 22.33 or 0.28% at 8,051.23 a few minutes ago.

Kering is gaining more than 5.5% amid hopes of a turnaround performance this year following an improvement in the group's performance in China and the United States.

Edenred is rising 3.5% and Teleperformance is advancing 2.1%. Capgemini is up by about 1.8%.

Unibail Rodamco, Renault and Pernod Ricard are up 1.3 to 1.5%. Bouygues, Airbus Group, Stellantis, Societe Generale, Publicis Groupe, Eurofins Scientific, BNP Paribas and Orange are up 0.6 to 1%.

Thales is declining 1.2%. Michelin, TotalEnergies, L'Oreal, Veolia Environment, Essilor and Air Liquide are modestly lower.

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX

BRUSSELS (dpa-AFX) - German stocks are up in positive territory Wednesday morning, with investors indulging in some selective buying ahead of U.S. consumer price inflation data, due later in the day. Optimism about another interest rate cut by the Federal Reserve is aiding sentiment.

The market is also digesting Fed Chair Jerome Powell's testimony before the Senate on Tuesday. Powell reitereated that the central bank does 'not need to be in a hurry to adjust our policy stance.'

Powell is set to appear before the House Financial Servicces Committee later in the day.

The benchmark DAX, which advanced to 22,126.84, pared some gains subsequently and was up 60.97 points or 0.28% at 22,095.10 a little while ago.

Among the gainers, Sartorius is gaining 2.3%. Bayer is up 2.1%, while BASF, Mercedes-Benz, Deutsche Bank, Brenntag, Vonovia, E.ON. and Deutsche Boerse are gaining 1 to 1.7%.

Volkswagan, Adidas, Symrise, RWE, Porsche, BMW, Deutsche Post and Infineon are up with modest gains.

Rheinmetall is down 1.4%. According to a filing by the company, it has secured a contract, estimated to be worth a double-digit million euro range, from Brazil-based aerospace company Embraer. The German arms maker will supply its C-390 flight simulators and Cargo Handling Station Trainer to the Royal Netherlands Air Force for its Embraer C-390 transport aircraft training.

The delivery is expected to be completed by 2026-end.Delivery of the order, valued at the double-digit million euro range, is slated for 2026-end.

Merck is down 1.6% and Siemens is lower by about 1.1%. Siemens Healthineers is declining 0.6%, while Daimler Truck Holding and Hannover Rueck are down marginally.

The yield on Germany's 10-year government bond rose to 2.452% before dropping a bit to 2.439% this morning.

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX

ROME (dpa-AFX) - TIM Group (TIAOF.PK), formerly known as Telecom Italia SpA, reported that its preliminary Group EBITDA increased by 8.3% year-on-year to 4.3 billion euros in fiscal year 2024. Group EBITDA After Lease rose 10.1% to 3.7 billion euros from the previous year.

Group total revenues were 14.5 billion euros, up by 3.1% year-on-year.

TIM said its board approved the offer for its unit Sparkle, received from the Ministry of Economy and Finance (MEF) and Retelit. The offer values Sparkle at 700 million euros. The signing of the deal will take place by 11 April 2025 and the sale is expected to be finalized by the first quarter of 2026, once the preparatory activities, including obtaining Antitrust and Golden Power authorizations, will be completed.

TIM's Board also approved the updated 2025-2027 strategic plan, presented by CEO Pietro Labriola, which aims to position the Group as the best and biggest digital and Telco platform in Italy, and as the most efficient TLC operator in Brazil. Leverage will be further reduced thanks to cash generation as per the plan, and shareholder remuneration will be resumed, while maintaining financial flexibility and a solid capital structure.

Group revenues are projected to rise by approximately 3% annually on average over the entire plan period from 2024 to 2027, from 13.7 billion euros pro-forma in 2024. For 2025, Group revenues are expected to grow by 2-3%, while TIM Domestic is anticipated to see a growth of 1%-2%.

Group organic EBITDA After Lease is projected to rise by 6-7% annually on average over the entire plan period from 2024 to 2027, from 3.6 billion euros pro-forma in 2024. In 2025, Group organic EBITDA After Lease is anticipated to grow by approximately 7%, with 5-6% growth expected for TIM Domestic.

For the financial years 2026 and 2027, TIM intends to remunerate its shareholders with approximately 70% of Equity Free Cash Flow After Lease, net of dividends for TIM Brasil's minority shareholders. This is expected to result in a remuneration of approximately 0.5 billion euros in 2027 and around 0.6 billion euros in 2028.

Additionally, during 2026, the company aims to provide extraordinary remuneration from the sale of Sparkle, amounting to about 50% of the proceeds, which is approximately 0.35 billion euros.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX

TOKYO (dpa-AFX) - Yamaha Motor Co., Ltd. reported that its net income attributable to owners of parent for the fiscal year 2024 was 108.1 billion yen, a decrease of 50.4 billion yen or 31.8% from the prior year.

Annual operating income was 181.5 billion yen, a decrease of 62.4 billion yen or 25.6% from the previous year.

But revenues for the year were 2.576 trillion yen, an increase of 161.4 billion yen or 6.7% from the previous fiscal year, due to more unit sales and higher prices per unit for models sold in Brazil and India in its core business of motorcycles.

For the fiscal year ending December 31, 2025, the company expects emerging market motorcycle demand in the Land Mobility business to remain robust and for outboard motor demand in the Marine Products business to make a gradual recovery.

In terms of risks, the company anticipates price hikes for aluminum and other raw materials as well as for labor and energy costs to continue going up. In response to these potential risks, the company will work to reduce costs and improve productivity.

Furthermore, the company said it will also be conducting structural reforms for the SPV and RV businesses in order to improve profitability, while with core businesses, our efforts will be towards achieving sustainable growth by focusing on R&D, new product development, and upgrading its production equipment.

For fiscal year 2025, the company projects net income to be 140.0 billion yen, an increase of 31.9 billion yen or 29.5% from fiscal year 2024. Annual operating income is projected to be 230.0 billion yen, reflecting an increase of 48.5 billion yen or 26.7% from the previous fiscal year. Revenue is expected to reach 2.70 trillion yen, representing an increase of 123.8 billion yen or 4.8% from fiscal year 2024.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX

PARIS (dpa-AFX) - French ophthalmic company EssilorLuxottica (ESLOF.PK, ESLOY.PK) reported that its net profit attributable to owners of the parent for fiscal year 2024 increased 3% to 2.359 billion euros from 2.289 billion euros last year. The company said it remains on track with its long-term targets and are committed to driving meaningful transformation for years to come.

Adjusted net profit attributable to owners of the parent for fiscal year 2024 was 3.122 billion euros compared to 2.946 billion euros in the prior year.

Operating profit for the year grew to 3.448 billion euros from 3.176 billion euros in the prior year.

Revenues for the year were 26.508 billion euros up 4.4% from 25.395 billion euros in the previous year. All the four regions and the two segments contributed to the Group's performance, reflecting its well-balanced and diversified revenue model, the company said.

In the fourth quarter of fiscal year 2024, the Group posted revenue of 6.781 billion euros, up 9.2% year-on-year at constant exchange rates or up 8.5% in current term.

The Company confirmed its target of mid-single-digit annual revenue growth from 2022 to 2026 at constant exchange rates, targeting a range of 27 billion euros - 28 billion euros, and expects to achieve an adjusted operating profit as a percentage of revenue in the range of 19%-20% by the end of that period.

The Board of Directors will recommend that shareholders, at the Annual Meeting to be held on April 30, 2025, approve the payment of a dividend of 3.95 euros per share. The ex-date will be May 7, 2025 and the dividend will be paid - or the shares issued - as from June 5, 2025.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX

CANBERA (dpa-AFX) - Insurance Australia Group Ltd (IAUGY.PK, IAUGF.PK) reported that its profit attributable to shareholders of the parent for the half year period ended 31 December 2024 climbed to A$778 million or 31.31 cents per share from A$407 million or 16.21 cents per share in the same period last year.

The latest period result included a A$343 million increase in pre-tax insurance profit to A$957 million, driven by a 9.7% increase in net earned premium, an improvement in the underlying insurance margin, and perils experience of A$215 million below allowance. Additionally, there was a higher pre-tax investment income on shareholders' funds of A$217 million and a A$140 million post-tax release from the business interruption provision.

Cash earnings were A$640 million up 54.2% from A$415 million last year. Cash earnings reflect the net profit after tax adjusted for acquired intangible assets and unusual items.

Insurance revenue was A$8.37 billion up from A$7.55 billion in the previous year.

Revenue from ordinary activities rose to A$9.04 billion from A$8.69 billion in the prior year.

The company will pay an interim dividend of 12.0 cents per share, compared to 10.0 cents per share paid last year.

Looking ahead fiscal year 2025, the company still projects Gross written premium growth of 'mid-to-high single digit.' It expects a reported insurance profit of between A$1.4 billion and A$1.6 billion which equates to a reported insurance margin of 13.5% to 15.5%.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX

WASHINGTON (dpa-AFX) - Pilgrim's Pride Corporation (PPC) released earnings for its full year that increased from last year

The company's earnings came in at $1.1 billion, or $4.57 per share. This compares with $322.4 million, or $1.36 per share, last year.

Excluding items, Pilgrim's Pride Corporation reported adjusted earnings of $1.3 billion or $5.42 per share for the period.

The company's revenue for the period rose 2.9% to $17.9 billion from $17.4 billion last year.

Pilgrim's Pride Corporation earnings at a glance (GAAP) :

-Earnings: $1.1 Bln. vs. $322.4 Mln. last year.

-EPS: $4.57 vs. $1.36 last year.

-Revenue: $17.9 Bln vs. $17.4 Bln last year.

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX

WASHINGTON (dpa-AFX) - While reporting its results for the fourth quarter, Paycom Software, Inc. (PAYC), provided financial guidance for the full year. Paycom also promoted Bob Foster to Chief Financial Officer.

The company expects total revenues of $2.015 billion to $2.035 billion, recurring and other revenue growth is expected to be 9% year over year. Adjusted EBITDA in the range of $820 million to $840 million, or approximately 41% at the midpoint.

Previously, the company announced the promotion of Bob Foster to chief financial officer, effective February 21, 2025. He succeeds Craig Boelte, who is retiring after leading Paycom's finance and accounting efforts for nearly 20 years.

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX

WASHINGTON (dpa-AFX) - Tyler Technologies Inc. (TYL) announced a profit for its fourth quarter that increased from the same period last year

The company's bottom line totaled $65.2 million, or $1.49 per share. This compares with $38.9 million, or $0.91 per share, last year.

The company's revenue for the period rose 12.5% to $541.1 million from $480.9 million last year.

Tyler Technologies Inc. earnings at a glance (GAAP) :

-Earnings: $65.2 Mln. vs. $38.9 Mln. last year.

-EPS: $1.49 vs. $0.91 last year.

-Revenue: $541.1 Mln vs. $480.9 Mln last year.

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX

WASHINGTON (dpa-AFX) - Ventas, Inc. (VTR) reported fourth-quarter net income of $56.8 million or $0.13 per share, compared to net loss of $90.8 million or $0.23 per share last year.

Nareit FFO attributable to common stockholders for the quarter was $363.8 million or $0.85, compared to $319.9 million or $0.79 per share last year.

Normalized FFO attributable to common stockholders for the quarter were $347.2 million or $0.81 per share compared to $308.1 million or $0.76 per share last year.

Revenues for the fourth quarter rose to $1.29 billion from $1.16 billion last year.

Looking forward to the full year 2025, the company expects net income per share of $0.42 - $0.53, Nareit FFO per share of $3.27 - $3.38, and Normalized FFO per share of $3.35 - $3.46.

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX

TULSA (dpa-AFX) - Williams Cos. (WMB) revealed a profit for fourth quarter that decreased from the same period last year but beat the Street estimates.

The company's earnings came in at $485 million, or $0.40 per share. This compares with $1.146 billion, or $0.94 per share, last year.

Excluding items, Williams Cos. reported adjusted earnings of $579 million or $0.47 per share for the period.

Analysts on average had expected the company to earn $0.45 per share. Analysts' estimates typically exclude special items.

Williams Cos. earnings at a glance (GAAP) :

-Earnings: $485 Mln. vs. $1.146 Bln. last year.

-EPS: $0.40 vs. $0.94 last year.

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX

WASHINGTON (dpa-AFX) - Service Corp. International (SCI) reported a profit for its fourth quarter that increased from last year and beat the Street estimates.

The company's bottom line totaled $151.4 million, or $1.04 per share. This compares with $138.4 million, or $0.93 per share, last year.

Excluding items, Service Corp. International reported adjusted earnings of $154.8 million or $1.06 per share for the period.

Analysts on average had expected the company to earn $1.05 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 3.6% to $1.093 billion from $1.055 billion last year.

Service Corp. International earnings at a glance (GAAP) :

-Earnings: $151.4 Mln. vs. $138.4 Mln. last year.

-EPS: $1.04 vs. $0.93 last year.

-Revenue: $1.093 Bln vs. $1.055 Bln last year.

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX

Copyright RTT News/dpa-AFX

Copyright RTT News/dpa-AFX

TOKYO (dpa-AFX) - Producer prices in Japan were up 0.3 percent on month in January, the Bank of Japan said on Thursday.

That was in line with expectations and up from the upwardly revised 0.4 percent gain in December (originally 0.3 percent).

On a yearly basis, producer prices climbed 4.2 percent - exceeding expectations for 4.0 percent and up from the upwardly revised 3.9 percent in the previous month (originally 3.8 percent).

Export prices rose 0.2 percent on month and 0.8 percent on year, the bank said, while import prices added 0.1 percent on month and slumped 2.2 percent on year.

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX

Copyright RTT News/dpa-AFX

CANBERA (dpa-AFX) - Japan will on Thursday release January figures for producer prices, highlighting a light day for Asia-Pacific economic activity.

Producer prices are expected to rise 0.3 percent on month and 4.0 percent on year after adding 0.3 percent on month and 3.8 percent on year in December.

New Zealand will see January numbers for electronic card retail sales; in December, sales were up 2.0 percent on month and down 1.0 percent on year.

Thailand will see January results for its consumer confidence index; in December, the index score was 57.9.

China will release January data for new loans, with forecasts suggesting a value of CNY770.0 billion, down from CNY990.0 billion in December.

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX

WASHINGTON (dpa-AFX) - Continuing this week's series of announcements of the results of its long-term securities auctions, the Treasury Department on Wednesday revealed this month's auction of $42 billion worth of ten-year notes attracted modestly below average demand.

The ten-year note auction drew a high yield of 4.632 percent and a bid-to-cover ratio of 2.48.

Last month, the Treasury sold $39 billion worth of ten-year notes, drawing a high yield of 4.480 percent and a bid-to-cover ratio of 2.53.

The bid-to-cover ratio is a measure of demand that indicates the amount of bids for each dollar worth of securities being sold.

The ten previous ten-year note auctions had an average bid-to-cover ratio of 2.53.

On Tuesday, the Treasury revealed this month's auction of $58 billion worth of three-year notes attracted well above average demand.

The Treasury is due to finish off this week's series of announcements of the results of its long-term securities auctions on Thursday by revealing the results of this month's auction of $25 billion worth of thirty-year bonds

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX

OTTAWA (dpa-AFX) - The euro firmed against its major counterparts in the New York session on Wednesday.

The euro climbed to a 1-week high of 1.0420 against the greenback and a 5-day high of 1.4874 against the loonie, off its early lows of 1.0316 and 1.4788, respectively.

The euro advanced to more than a 2-week high of 0.9502 against the franc and near a 2-week high of 160.94 against the yen, from its early lows of 0.9442 and 157.89, respectively.

The euro firmed to a 6-day high of 0.8356 against the pound, from an early 2-day low of 0.8321.

The currency is seen finding resistance around 1.06 against the greenback, 1.50 against the loonie, 0.97 against the franc, 164.00 against the yen and 0.86 against the pound.

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX

Copyright RTT News/dpa-AFX

WASHINGTON (dpa-AFX) - After reporting a sharp increase by U.S. crude oil inventories in the previous week, the Energy Information Administration released a report on Wednesday showing crude oil inventories once again grew by more than expected in the week ended February 7th.

The EIA said crude oil inventories jumped by 4.1 million barrels last week after surging by 8.7 million barrels in the previous week. Economists had expected crude oil inventories to climb by 2.8 million barrels.

Nonetheless, crude oil inventories remain about 4 percent below the five-year average for this time of year, the EIA said.

The report also said distillate fuel inventories, which include heating oil and diesel, crept up by 0.1 million barrels last week but remain about 11 percent below the five-year average for this time of year.

Meanwhile, the EIA said gasoline inventories fell by 3.0 million barrels last week and are 1 percent below the five-year average for this time of year.

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX

Copyright RTT News/dpa-AFX

nach oben