After reporting first-time claims for U.S. unemployment benefits fell to a seven-month low in the previous week, the Labor Department released a report on Thursday showing a slight increase in initial jobless claims in the week ended September 23rd. The Labor Department said initial jobless claims crept up to 204,000, an increase of 2,000 from the previous week’s revised level […]

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PZ Cussons plc (PZC.L), a consumer goods business, reported Tuesday that its fiscal 2023 profit before tax dropped 4.2 percent to 61.8 million pounds from last year’s 64.5 million pounds. Basic earnings per share were 8.70 pence, down 26.8 percent from 11.88 pence a year ago. Adjusted profit before tax was 74.1 million pounds, compared to prior year’s 65.8 million […]

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Japan’s central bank left its massive monetary policy stimulus unchanged on Friday and policymakers remained dovish even as inflation continued to remain above the target and all major central banks are close to the end of their tightening cycle. At the end of the two-day meeting on Friday, the policy board of the Bank of Japan, led by Governor Kazuo […]

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Save articles for later Add articles to your saved list and come back to them any time. A year and a half since the interest rate hikes began, the pain on our hip pockets might be acute. And – even if it’s never happened to you before – you might suddenly be carrying a little credit card debt that you […]

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Kingfisher PLC (KGF.L) reported that its first half pretax-profit declined to 317 million pounds from 474 million pounds, last year, reflecting lower operating profit, including the impact of impairments reflecting revised future projections. Earnings per share was 12.2 pence compared to 18.3 pence. Adjusted pretax profit declined to 336 million pounds from 472 million pounds, last year, reflecting lower retail […]

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Eurozone industrial production declined for the first time in four months in July driven by the deterioration in capital goods and durable consumer goods output, data from Eurostat showed on Wednesday. Industrial output fell 1.1 percent on a monthly basis in July, in contrast to the 0.4 percent rise in June. This was the first fall since April and also […]

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Massachusetts taxpayers who haven’t yet claimed the 2022 tax credit need to hurry up, as the deadline to claim the credit is just days away. The deadline to claim this 2022 Massachusetts tax credit is September 15. So, if you haven’t yet filed your 2021 state tax return, you need to do so by the end of this week. 2022 […]

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Bowlero Corp. (BOWL), a bowling entertainment company, reported Monday that its fourth-quarter net income surged to $146.22 million from last year’s $6.94 million. Adjusted EBITDA grew to $64.49 million from last year’s $82.39 million. Adjusted EBITDA Margin, meanwhile, declined to 26.9 percent from 30.8 percent last year. Revenue was $239.42 million, down 10.6 percent from $267.72 million in the prior […]

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First-time claims for U.S. unemployment benefits unexpectedly saw a continued decline in the week ended September 2nd, according to a report released by the Labor Department on Thursday. The report said initial jobless claims fell to 216,000, a decrease of 13,000 from the previous week’s revised level of 229,000. Economists had expected jobless claims to rise to 234,000 from the […]

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Headlam Group plc (HEAD.L), a floorcoverings distributor, on Tuesday reported lower profit before tax for the first half of the year, on macro and industry headwinds and lower trading volumes. However, revenues increased by 2.5 percent. Half yearly profit before tax decreased to 4.5 million pounds from 21.6 million pounds of last year. After tax, earnings fell to 3.7 million […]

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