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Mueller Industries Q3 Profit Declines
(RTTNews) - Mueller Industries, Inc. (MLI) on Tuesday reported net income available to the company for the third quarter of $154.54 million or $2.74 per share, lower than $170.98 million or $3.01 per share in the year-ago quarter.
Net sales for the quarter declined to $944.83 million from $982.25 million in the same quarter last year.
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U.S. Job Growth Slightly Exceeds Estimates In May
Employment in the U.S. increased by slightly more than expected in the month of May, according to a report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment shot up by 139,000 jobs in May after jumping by a downwardly revised 147,000 jobs in April.
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Před 2 h 0 min
U.S. Employment Jumps Slightly More Than Expected In May
Employment in the U.S. increased by slightly more than expected in the month of May, according to a report released by the Labor Department on Friday.
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Před 3 h 7 min
Bay Street May Open Slightly Higher; U.S., Canadian Jobs Data In Focus
Higher Canadian and U.S. futures point to a slightly positive start on Bay Street Friday morning. The focus is on the crucial jobs data from Canada as well as the U.S.
Lingering concerns about trade tensions may weigh on sentiment and limit market's upside.
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Před 3 h 22 min
Eurozone GDP Growth Accelerates To 0.6%
The euro area economic growth doubled in the first quarter on household spending, investment and exports, official data revealed on Friday. Gross domestic product logged a quarterly growth of 0.6 percent in the first quarter, which was faster than the initial estimate of 0.3 percent, Eurostat said. This followed a 0.3 percent rise in the fourth quarter of 2024.
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Před 5 h 9 min
India Slashes Policy Rates By Bigger Than Expected 50 Bps; Shifts Stance To Neutral
The Reserve Bank of India lowered its interest rates by a sharper-than-expected 50 basis points on Friday, marking the third consecutive reduction as policymakers focused on propelling growth amid the softening inflation, but the central bank shifted its monetary policy stance to neutral signaling a pause ahead. The MPC decided to cut the policy repo rate by 50 basis points to 5.50 percent.
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Před 5 h 22 min
Sensex, Nifty Rally As RBI Surprises With Jumbo Rate Cut
Indian shares rallied on Friday as the Reserve Bank of India (RBI) surprised the market with a 50 basis points (bps) cut in the benchmark repo rate to 5.5 percent, slashed the cash reserve ratio (CRR) by 100 basis points to 3 percent, and also trimmed its inflation forecast for the year by 30 basis points to 3.7 percent.
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Před 5 h 24 min
U.K. Stocks Subdued As Investors Look For Directional Clues
U.K. stocks are largely subdued Friday morning with investors looking for directional clues and refraining from making significant moves. The focus is on the progress of trade negotiations between U.S. and China, and the upcoming U.S. non-farm payrolls data.
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Před 5 h 31 min
CAC 40 Down Slightly In Lackluster Trade
French stocks are down slightly in negative territory Friday morning, as disappointing industrial production data, and trade tensions weigh on sentiment.
Investors are also looking ahead to the release of U.S. non-farm payrolls report, due later in the day.
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Před 6 h 0 min
