Breaking News
Nov 30, 2022
-
Consumer price inflation declined to 10.0% in the euro zone from a record high 10.6% in October, Eurostat data showed Wednesday.
-
Major averages on Wall Street soared between 2% and 3% after Fed Chairman Powell suggested the pace of future rate hikes may slow down from December.
-
Costco Wholesale said November sales increased 5.7% to $19.1 billion but e-commerce sales dropped 10.1% from a year ago.
-
Five Below said revenue in Q3 increased 6.2% to $645 million but net income plunged to $16.2 million from $24.2 million or 29 cents from 43 cents a year ago.
-
Victoria's Secret said Q3 sales fell 8.5% to $1.32 billion and earnings plunged to $24.4 million from $75.2 million or 29 cents from 81 cents a year ago.
-
Salesforce said co-CEO Bret Taylor has decided to step down from the company.
-
Salesforce said Q3 revenue increased 14% to $7.8 billion and earnings declined to $210 million from $468 million or 21 cents from 48 cents a year ago.
-
Former leader of China and the Communist Party, Jiang Zemin died because of leukemia, he was 96. China-controlled Xinhua news agency said.
-
HSBC agreed to sell its Canada business for $10 billion to Royal Bank of Canada.
-
The consumer price index in Germany eased to 10.0% in November from the record 10.4% in October, significantly higher than 2.0% target rate set by the ECB.
Nov 29, 2022