UK Economy Grows for a Second Month After Mild Recession [BNN Bloomberg (Canada)]
Raymond James Financial, Inc. (RJF)
Last raymond james financial, inc. earnings: 4/29 04:35 pm
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Source: BNN Bloomberg
Gross domestic product rose 0.1% from January, the Office for National Statistics said Friday, in line with the gain forecast by economists. January's figure was revised up to show a 0.3% increase. The figures add to evidence that the economy is gathering momentum after sliding into a shallow technical recession in the second half of last year amid elevated inflation and interest rates. Many economists expect growth in the first quarter to beat the 0.1% predicted by the Bank of England. “While we expect a better economic recovery than most, we doubt it will be strong enough to prevent inflation (and interest rates) from falling much further as appears to be happening in the US,” said Paul Dales, chief UK economist at Capital Economics. “We can safely say that, after lasting just two quarters and involving a total fall in GDP of just 0.4% or so, the recession ended in the fourth quarter.” Manufacturing jumped 1.2% last month, a much stronger than expected showing, while services
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RJF
News
- Raymond James Financial, Inc. (NYSE:RJF) Q2 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Raymond James Financial Second Quarter 2024 Earnings: In Line With Expectations [Yahoo! Finance]Yahoo! Finance
- Raymond James: Still Bullish Considering In-Line Results And Positive Outlook [Seeking Alpha]Seeking Alpha
- Raymond James (NYSE: RJF) had its price target lowered by analysts at TD Cowen from $131.00 to $126.00. They now have a "hold" rating on the stock.MarketBeat
- Raymond James (NYSE: RJF) had its price target lowered by analysts at Bank of America Co. from $145.00 to $141.00. They now have a "buy" rating on the stock.MarketBeat
RJF
Earnings
- 4/24/24 - Miss
RJF
Sec Filings
- 4/29/24 - Form 4
- 4/26/24 - Form 144
- 4/24/24 - Form 8-K
- RJF's page on the SEC website