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Energizer Holdings Reaffirms FY24 Outlook - Update
(RTTNews) - While reporting financial results for the second quarter on Tuesday, battery manufacturer Energizer Holdings, Inc. (ENR) provided guidance for the third quarter and reaffirmed its adjusted earnings and organic revenue growth guidance for the full year 2024.
For fiscal 2024, the company continues to project adjusted earnings in a range of $3.10 to $3.30 per share on organic revenue between flat and down low single digits. On average, analysts polled by Thomson Reuters expect the company to report earnings of $3.21 per share on revenue growth of 1.6 percent to $2.91 billion for the year. Analysts' estimates typically exclude special items.
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European Shares Seen Mostly Lower In Cautious Trade
European stocks are seen opening flat to slightly lower on Monday as investors react to the Trump administration's immigration crackdown on H-1B visas and shift focus to a slew of U.S. economic data as well as speeches by Fed Chair Jerome Powell and other Fed officials due this week for additional clues on the future path of interest rates.
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vor 34 Minuten
China Leaves Key Interest Rates Unchanged
The People's Bank of China left its benchmark interest rates unchanged for the fourth straight month despite key indicators suggesting economic slowdown. The PBoC kept its one-year loan prime rate unchanged at 3.0 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was retained at 3.50 percent. The decision came in line with expectations.
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vor 45 Minuten
Sensex, Nifty Little Changed; IT Stocks Tumble After H-1B Visa Fee Increase
Indian shares were little changed on Monday despite U.S. President Donald Trump's decision to impose a hefty $100000 fee on H-1B visas to protect American jobs.
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vor 1Std 33 Minuten
Australian Market Trims Early Gains In Mid-market
The Australian stock market is trimming its early gains in mid-market trading on Monday, but adding to the gains in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,800.00 level, with gains across most sectors led by mining and financial stocks.
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vor 2Std 42 Minuten
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Monday, following the positive cues from Wall Street on Friday, as the recent interest rate cut decision by the US Fed and the forecast by Fed officials of two more rate cuts this year but just one next year, continue to lift market sentiment. However, major currencies in the region weakened against the US dollar. Asian markets closed mixed on Friday.
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vor 3Std 2 Minuten
Sensex, Nifty Set To Open Lower After Trump's Visa Crackdown
Indian shares look set to open lower on Monday, with tech stocks likely to be in focus after U.S. President Donald Trump signed an executive order slapping an additional fee on H-1B visa holders, potentially impacting profitability and prompting companies to rethink hiring strategies.
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vor 3Std 38 Minuten
Japanese Market Sharply Higher
The Japanese stock market is trading sharply higher on Monday, reversing the losses in the previous session, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 nearly 600 points to well above the 45,600 level, with gains across most sectors led by exporters and technology stocks.
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vor 3Std 54 Minuten
Thai Stock Market Due For Support On Monday
The Thai stock market has moved lower in three straight sessions, shedding more than 15 points or 1.1 percent along the way. The Stock Exchange of Thailand now sits just above the 1,290-point plateau although it may stop the bleeding on Monday.
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vor 4Std 15 Minuten
