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Quaker Houghton Appoints Tom Coler To Succeed Shane Hostetter As CFO
Quaker Houghton (KWR) announced Thursday the appointment of Tom Coler as Executive Vice President and Chief Financial Officer effective June 10, 2024. Coler succeeds Shane Hostetter, who has held the role since 2021 and will be leaving the Company to pursue other opportunities. Hostetter will remain at the company through August 4, 2024, to ensure an orderly transition.
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Pound Falls Against Majors
The British pound weakened against other major currencies in the late European session on Thursday.
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US Foods Q1 Results Top Estimates; Reaffirms FY24 Outlook
Foodservice distributor US Foods Holding Corp. (USFD) on Thursday reported first-quarter net income available to common shareholders of $82 million or $0.33 per share, up from $75 million or $0.32 per share in the prior-year quarter.
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Charles River Laboratories Reaffirms FY24 Outlook; Q1 Results Top Estimates
While reporting financial results for the first quarter on Thursday, Charles River Laboratories International, Inc. (CRL) reaffirmed its adjusted earnings, revenue growth and organic revenue growth guidance range for the full-year 2024.
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Constellation Energy Reaffirms FY24 Operating Earnings Outlook - Update
While reporting financial results for the first quarter on Thursday, Constellation Energy Corp. (CEG) said it continues to expect operating earnings for the full-year 2024 in a range of $7.23 to $8.03 per share.
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Privia Health Q1 Net Profit More Than Halves; Backs FY24 Revenue Outlook
Privia Health Group, Inc. (PRVA) reported Thursday that net income attributable to the company for the first quarter plunged to $2.98 million or $0.02 per share from $7.32 million or $0.06 per share in the prior-year quarter.
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Sensex Slumps 1,062 Points; Nifty Ends Below 22,000
Indian shares tumbled on Thursday as Fed rate cut hopes waned and truce mediators continued talks to reach Hamas-Israel agreement over key issues.
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more news
GM To End Chevy Malibu Production
Automajor General Motors plans to end production of its gasoline-powered Chevrolet Malibu car later this year as it prepares to produce new electric vehicles, reports said. Chevy Malibu, which was launched in 1964, has since been sold more than 10 million in numbers. The Malibu will end its production in November.
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China Exports & Imports Rebound In April
China's exports and imports rebounded more than expected in April after a weak trade data in the previous month that boost hopes that net trade would support economic growth, official data revealed Thursday. Largely due to the lower base of comparison, exports advanced 1.5 percent on a yearly basis in April, the customs office reported. This was faster than the 1.0 percent expected growth and rev
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Philippine GDP Growth Improves Less Than Expected In Q1
The Philippine economy expanded at a faster pace in the first quarter but the rate fell short of expectations on weaker domestic demand growth amid tight monetary policy. Gross domestic product grew 5.7 percent from a year ago after rising 5.5 percent in the fourth quarter of 2023, the Philippine Statistics Authority reported Thursday. Growth was seen at 5.9 percent.
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European Shares Mixed Ahead Of BoE Rate Decision
European stocks traded mixed on Thursday as uncertainty over Fed rate cuts deepened, and Israel forces pushed ahead with attacks on Rafah.
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FTSE 100 Holds Steady Ahead Of BoE Rate Decision
U.K. stocks held steady on Thursday ahead of a policy meeting of the Bank of England (BoE) later in the day.
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CAC 40 Slips Into Red In Cautious Trade
French stocks declined on Thursday as uncertainty over Fed rate cuts deepened and Israel forces pushed ahead with attacks on Rafah.
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