Finance Daily

Finance Daily

Consumer Sentiment Gauge Falls More Than Anticipated in August on Tariff Concerns

Consumer Sentiment Gauge Falls More Than Anticipated in August on Tariff Concerns

A monthly gauge of consumer sentiment fell more than expected in August from the month before as survey respondents indicated concerns about tariffs. The University of Michigan’s flash consumer index, an indicator of the future course of the national economy, posted a 92.1 reading for the first half of the […]

by × August 16, 2019 × 0 comments

Finance Daily

Close-up photograph of stock market chart

Teva Pharmaceutical Credit Rating Cut to Negative at Moody’s

Teva Pharmaceutical Industries (TEVA), an Israeli maker of generic drugs, had its credit-rating outlook cut to negative from stable by Moody’s Investors Service amid concerns about refinancing needs over its exposure to opioid-relation lawsuits. The rating was affirmed at Ba2, the second-highest non-investment grade level, Moody’s said in a note […]

by × August 14, 2019 × 0 comments

Finance Daily

BBA Aviation’s Underlying Earnings Fall as Costs Rise in First Half

BBA Aviation’s Underlying Earnings Fall as Costs Rise in First Half

BBA Aviation (BBA.L), a British aviation services group, said early on Monday that a fall in its first-half underlying earnings as higher costs ate into sales was “in-line” with its expectations. Reported sales from continuing operations rose to $1.26 billion during the six months that ended June 30, from $1.02 […]

by × August 5, 2019 × 0 comments