SAO PAULO, May 15 (Reuters) - Brazilian beef producer Marfrig on Wednesday posted a 62.6 million reais ($12.19 million) net profit in the first quarter, reversing a 634 million reais loss from a year earlier, with revenues rising in all divisions and financial expenses falling. Marfrig reported net revenue, excluding assets in South America it has agreed to sell, of...

12:09 PM EDT, 05/15/2024 (MT Newswires) -- The European stock markets closed higher in Wednesday trading as The Stoxx Europe 600 rose 0.60%, the Swiss Market Index climbed 0.98%, France's CAC gained 0.17%, the FTSE in London was up 0.21%, and Germany's DAX closed 0.82% higher. The European Commission said Wednesday that it believes the European economy has turned a...

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 150 points on Wednesday. The Dow traded up 0.59% to 39,790.88 while the NASDAQ rose 0.93% to 16,665.13. The S&P 500 also rose, gaining, 0.80% to 5,288.72. Check This Out: Wall Street’s Most Accurate Analysts’ Views On 3 Materials Stocks Delivering High-Dividend Yields Leading and Lagging Sectors...

04:07 PM EDT, 05/15/2024 (MT Newswires) -- The US Treasury reported Wednesday that there was a net combined $102.1 billion inflow of long-term, short-term and banking flows in March, compared with a $42 billion inflow in February. Long-term securities transactions represented a $100.5 billion inflow while short-term transactions were a net $23.7 billion outflow and bank liabilities were a net...