Day: September 22, 2022
Shares of Darden Restaurants Inc. DRI, -4.44% dove 2.5% in premarket trading Thursday, after the restaurant chain operator matched fiscal first-quarter profit expectations but missed on same-store sales, amid weakness in its flagship Olive Garden and LongHorn Steakhouse chains. Net income for the quarter to Aug. 28 fell to $193.0 million, or $1.56 a share, […]
Treasury Secretary Janet Yellen on Thursday said she believes high U.S. inflation will come down “certainly next year,” but noted risks to the outlook including the ongoing Russian war in Ukraine. Speaking at an event sponsored by the Atlantic, Yellen said the Federal Reserve is “clearly committed to bringing inflation down.” The Fed on Wednesday […]
Oil futures climbed on Thursday to recoup much of the losses seen a day earlier, as Russia’s decision to partially mobilize reservists amid its war on Ukraine raised worries about global oil supplies. “Crude prices remain volatile as energy traders grapple with a deteriorating demand outlook that is still vulnerable to shortages,” said Edward Moya, […]
American Tower REIT AMT, -0.01% declared Thursday a quarterly distribution of $1.47 a share, up from the previous payout of $1.43 a share in June. For the past 10 year, each distribution payment by the real estate investment trust (REIT), which owns multitenant communications real estate, has been higher than the previous one. Based on […]
General Motors Co. GM, -0.44% said Thursday that its GM Ventures unit made a strategic investment in Lithion Recycling Inc.’s Series A financing round. The companies did not disclose the dollar amount of the investment. Montreal-based Lithion Recycling has developed technology that allows up to 95% of battery components to be recovered and treated to […]
Tilray Brands Inc. TLRY, -5.38% on Thursday said its FL Group S.R.L. unit in Italy has received approval from the Italian ministry of health to import and distribute Tilray’s medical cannabis oral solution THC25. Tilray Medical runs a national pharmaceutical distribution business with FL Group to fill medical cannabis prescriptions for patients in Italy, one […]
• CHFJPY reversed from resistance zone • Likely to fall to support level 144.00 CHFJPY recently reversed down sharply from the resistance zone located between the round resistance level 150.00 (which formed the daily Evening Start patter at the start of this month) and the upper daily Bollinger Band. The downward reversal from the resistance […]
The OpenRarity project was a collaborative project between various NFT community entities, including Curio, icy.tools, OpenSea and Proof. 1655 Total views 84 Total shares With thousands of nonfungible tokens (NFTs) getting minted every single day, trying to find rare pieces can be a challenge for NFT collectors. However, as the industry continues to progress, the […]
Gold futures climbed on Thursday, with the haven precious metal finding support for a second straight session after Russia raised its war efforts in Ukraine, ordering a partial mobilization of reservists into service. Still, strength in the U.S. dollar following the Federal Reserve’s decision Wednesday to hike interest rates by 75 basis points helped to […]
Shares of Salesforce Inc. CRM, +1.85% rallied 1.6% in afternoon trading Thursday, to bounce off the previous session’s 2 1/2-year closing low, as investors cheered what the customer relationship management software company didn’t say at its investor day as much as what it did say. The stock’s rally comes amid weakness in the broader stock […]
