U.S. Dollar Showing Weakness Against Majors

The U.S. dollar dropped against its major counterparts in the European session on Wednesday, amid receding geopolitical tensions following comments from U.S. President Joe Biden that missile strike in Poland is unlikely

Group 1 Automotive Boosts Dividend, Stock Repurchase Authorization

Automotive retailer Group 1 Automotive, Inc. (GPI) announced Wednesday its board of directors increased the Company's common stock repurchase authorization by $161 million to $200 million. The Company expects that any

Bay Street Likely To See Mixed Open

Canadian shares are seen opening on a mixed note on Wednesday, with investors digesting inflation data, and tracking geopolitical news.

TJX Companies Boosts FY23 Earnings Outlook - Update

While reporting financial results for the third quarter on Wednesday, off-price retailer TJX Companies, Inc. (TJX) trimmed its earnings outlook for the fourth quarter, while raising its earnings guidance for the

Ford CEO Warns EVs To Cost Jobs; Urges To Produce More Parts In-house

Amid the speedy transition by automakers to electric vehicles, Ford CEO Jim Farley reportedly warned that EVs' production will result in significant job losses, but producing more parts in-house will help to mitigate

Dollar Steady Ahead Of U.S. Retail Sales

U.S. retail sales and import and export prices for October are due at 8:30 am ET Wednesday. Ahead of the data, the greenback held steady against its major counterparts.

Loonie Mixed Ahead Of Canada CPI

Canada consumer inflation for October is due at 8:30 am ET Wednesday. Ahead of the data, the loonie traded mixed against its major counterparts. While the currency fell against the euro, it held steady against the rest

Target Q3 Results Miss Estimates, While TJX Adj. EPS Top Estimates

Discount retailer Target reported Wednesday that third-quarter net profit halved from last year, reflecting a 330 basis points drop in gross margins, driven primarily by markdowns in an increasingly challenging

U.S. Retail Sales Jump More Than Expected In October

Retail sales in the U.S. showed a significant increase in the month of October, according to a report released by the Commerce Department on Wednesday.

Malaysia Stock Market Set To End Losing Streak

The Malaysia stock market has moved lower in back-to-back sessions, slipping more than 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,450-point plateau although it's