Medtronic Guides FY25 Adj. EPS In Line With Estimates; Boosts Dividend - Update

While reporting financial results for the fourth quarter on Thursday, medical devices maker Medtronic plc. (MDT) initiated its adjusted earnings, revenue growth and organic revenue growth guidance for the full-year 2025.

Recurrent Energy Secures Multi-currency Revolving Credit Facility Of Up To EUR 1.3 Bln

Recurrent Energy, a subsidiary of Canadian Solar Inc. (CSIQ), announced Thursday that it has secured a multi-currency revolving credit facility valued at up to 1.3 billion euros with ten banks for the construction of

Euro Rises On Strong Eurozone PMI Data

The euro strengthened against other major currencies in the European session on Thursday, after the Eurozone preliminary PMI numbers rose to a one-year high in May.

Monro Q4 Results Miss Estimates

Automotive service provider Monro, Inc. (MNRO) reported that net income for the fourth quarter surged to $3.7 million or $0.12 per share from $0.4 million or $0.01 per share in the prior-year quarter.

Bay Street Likely To Open On Positive Note

The Canadian market likely to open higher on Thursday, with technology stocks set to spearhead the move up north, tracking U.S. tech sector after Nvidia's upbeat earnings updates.

U.S. Weekly Jobless Claims Decrease More Than Expected

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits fell by more than expected in the week ended May 18th.

Eurozone Private Sector Recovery Gains Strength On New Orders

The euro area private sector activity grew at the fastest pace in a year in May on bigger increases in new orders, employment and an improvement in business confidence, flash survey data from S&P Global showed on

Home Depot Partners Instacart To Offer Same-Day Delivery In As Fast As An Hour

Grocery delivery company Instacart (CART) and The Home Depot, Inc. (HD), the world's largest home improvement retailer, announced Thursday a nationwide partnership to offer same-day delivery in as fast as an hour from

U.S. Jobless Claims Decrease More Than Expected To 215,000

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits fell by more than expected in the week ended May 18th. The Labor Department said initial jobless claims slid

Microsoft Launches Copilot+ PCs Designed For AI

Microsoft has launched a new category of Windows PCs designed for Artificial Intelligence (AI) that are slated to be the fastest and most intelligent Windows PCs ever built. The Copilot+ PCs come with built-in AI