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TransDigm Group Boosts FY23 Outlook - Update
While reporting financial results for the first quarter on Tuesday, TransDigm Group Inc. (TDG) raised its earnings, adjusted earnings and net sales guidance for the full-year 2023, based on strong first quarter results and current expectations for the remainder of the fiscal year.
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Před 923 dny
DuPont Q4 Results Miss Estimates; Boosts Dividend 9%
DuPont reported Tuesday a profit from continuing operations for the fourth quarter that decreased 37 percent from last year, hurt by charges related to the intended Rogers transaction. Both adjusted earnings per share from continuing operations and quarterly net sales missed analysts' expectations. The company also provide guidance for the first quarter and the full-year 2023.
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Před 923 dny
UK House Prices Remain Stable Amid Subdued Housing Market Outlook
House prices in the United Kingdom showed no variations at the start of the year after falling in the previous four months, and are likely to witness a sluggish housing market throughout this year amid the rising cost of living and higher interest rates, survey data from the Lloyds Bank subsidiary Halifax and S&P Global showed on Tuesday.
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Před 923 dny
Siemens Energy Q1 Net Loss Widens, Cuts FY23 View; Stock Down
Shares of Siemens Energy AG were losing around 5 percent in German trading after the energy development company reported Tuesday wider net loss in its first quarter and adjusted fiscal 2023 forecast to now expect net loss same as the prior year. Revenues and orders for the quarter, however, climbed and the company maintained its fiscal 2023 revenue forecast.
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Před 923 dny
Sensex, Nifty Extend Declines For Second Day As Metal Stocks Drag
Indian shares fell in cautious trade on Tuesday, with metal stocks leading losses after Tata Steel posted a surprise loss of Rs 2,501.95 crore in the quarter ended December 31 on account of higher expenses.
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Před 923 dny
Decline In German Industrial Output Biggest In 9 Months
Germany's industrial production declined the most in nine months in December driven by the sharp fall in output of intermediate goods, data published by Destatis showed Tuesday. Industrial production slid 3.1 percent on a monthly basis, reversing the 0.4 percent rise in November.
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Před 923 dny
European Shares See Cautious Gains Ahead Of Powell's Speech
European stocks were seeing modest gains in choppy trade on Tuesday, as growth worries lingered, and investors awaited a speech by Federal Reserve Chairman Jerome Powell later in the day for clues to any change in the U.S. central bank's rhetoric.
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Před 923 dny
more news
FTSE 100 Inches Higher As BP Posts Record Profit
U.K. stocks traded higher on Tuesday as higher oil prices lifted energy stocks.
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Před 923 dny
Boeing To Cut About 2000 Finance, HR Jobs In 2023
Boeing Co. plans to cut about 2,000 jobs this year primarily in finance and human resources through a combination of attrition and layoffs, reports said. With the planned cuts, the aerospace and defense major aims to simplify its corporate structure as it focuses on engineering and manufacturing. The company reportedly would outsource some jobs overseas, mainly to India-based Tata Consulting...
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Před 923 dny
CAC 40 Little Changed As BNP Paribas Misses Q4 Expectations
French stocks were largely steady on Tuesday, as BNP Paribas raised its 2025 targets and announced a 5 billion-euro share buyback program in 2023, despite posting a lower-than-expected profit in the fourth quarter.
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Před 923 dny
Philippine Inflation Rises To 8.7%, Highest Since December 2008
The Philippines' consumer price inflation accelerated unexpectedly at the start of the year to the highest level in just over fourteen years, largely driven by higher costs for utilities and food products, data from the Philippine Statistical Authority showed on Tuesday, raising the likelihood of yet another rate hike from the central bank next week.
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Před 923 dny
DAX Edges Lower On Interest-rate Concerns
German stocks edged lower on Tuesday as investors fretted about the impact of higher interest rates on economic growth.
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Před 923 dny
Asian Shares Mixed Ahead Of Powell's Speech
Asian stocks ended mixed on Tuesday and the dollar rally paused as investors assessed the outlook for growth and interest rates in developed economies.
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Před 923 dny
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