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Refinitiv

Macy's forecasts upbeat 2021 sales
Business & Finance

Macy's forecasts upbeat 2021 sales

  • The company expects sales between $19.75 billion and $20.75 billion for the full year, compared with analysts' estimates of $20.13 billion.
  • Same-store sales on an owned basis fell 17% in the fourth quarter ended Jan. 30, compared with Wall Street estimates of a 16.60% fall.
Published 23 Feb, 2021 05:20pm
US natural gas futures slip
Markets

US natural gas futures slip

NEW YORK: US natural gas futures slipped on Thursday on a smaller-than-expected storage draw last week and forecasts...
Published 14 Feb, 2021 03:49am
Asia Naphtha/Gasoline-Naphtha crack slips; gasoline demand seen to firm up
Markets

Asia Naphtha/Gasoline-Naphtha crack slips; gasoline demand seen to firm up

  • The naphtha crack dipped to $107.15 per tonne from $108.88 per tonne on Monday. It has surged about 77% in the last two months.
  • Naphtha flows into Asia this month was provisionally estimated around 5.6 million tonnes, down from January's of 6.2-6.3 million tonnes, Refinitiv oil research assessments showed.
Published 09 Feb, 2021 05:11pm
London Stock Exchange completes Refinitiv deal
Markets

London Stock Exchange completes Refinitiv deal

  • Brussels is reviewing whether to grant long-term clearing access, but in the meantime is piling pressure on euro zone banks to shift their derivatives clearing business from the LSE to rivals like Eurex on the continent.
Published 29 Jan, 2021 02:44pm
London Stock Exchange gets EU nod for $27bn takeover of Refinitiv
Markets

London Stock Exchange gets EU nod for $27bn takeover of Refinitiv

  • The European Commission, which oversees competition policy in the 27-nation European Union.
  • Infrastructure competition in trading services and access to financial data products on fair and equal terms is essential for the European economy and in particular for consumers and businesses.
Published 13 Jan, 2021 07:24pm