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Lear Boosts FY23 Outlook
(RTTNews) - Ahead of its Seating Product Day later on Tuesday, Lear Corp. (LEA), an automotive technology leader in Seating and E-Systems, raised its adjusted net income and net sales guidance for the full-year 2023.
For fiscal 2023, the company now projects adjusted net income in a range of $620 million to $720 million on net sales between $22.35 billion and $23.05 billion.
Previously, the company expected adjusted net income in the range of $510 million to $670 million on net sales between $21.20 billion and $22.20 billion.
On average, 15 analysts polled by Thomson Reuters expect the company to report net sales of $22.63 billion for the year.
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Lear Guides FY24 Net Sales In Line With Estimates - Update
While reporting financial results for the fourth quarter on Tuesday, automotive technology company Lear Corp. (LEA), an automotive technology leader in Seating and E-Systems, initiated its core operating earnings and net sales guidance for the full-year 2024.
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vor 558 Tagen
Lower Open Predicted For Taiwan Stock Market
The Taiwan stock market rebounded on Friday, one day after ending the five-day winning streak in which it had rallied more than 910 points or 3.9 percent. The Taiwan Stock Exchange now sits just above the 24,330-point plateau although it may head south again on Monday.
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vor 19 Minuten
Little Movement Expected For Singapore Stock Market
The Singapore stock market has moved lower in two straight sessions, falling more than 40 points or 0.9 percent along the way. The Straits Times Index now sits just above the 4,230-point plateau and it's likely to remain in that neighborhood again on Monday.
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vor 49 Minuten
New Zealand Services Index Improves To 48.9 - BusinessNZ
The services sector in New Zealand continued to contract in July, albeit at a slower rate, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 48.9.
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vor 1Std 2 Minuten
Malaysia Bourse Likely To Remain Rangebound On Monday
The Malaysia stock market has moved lower in back-to-back sessions, slipping more than 10 points or 0.6 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,575-point plateau and it may tick lower again on Monday.
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vor 1Std 19 Minuten
Japan Shares Due For Profit Taking On Monday
The Japan stock market bounced higher again on Friday, one day after snapping the six-day winning streak in which it had surged more than 3,000 points or 7.3 percent. The Nikkei 225 now sits just beneath the 43,380-point plateau although investors are likely to lock in gains on Monday.
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vor 1Std 34 Minuten
South Korea Shares May Be Stuck In Neutral On Monday
Ahead of Friday's holiday for Liberation Day, the South Korea stock market had moved higher in back-to-back sessions, gathering more than 35 points or 1.1 percent along the way. The KOSPI now sits just above the 3,225-point plateau although it m ay spin its wheels on Monday.
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vor 1Std 49 Minuten
Singapore Export Data On Tap For Monday
Singapore will on Monday release July figures for non-oil domestic exports, highlighting a light day for Asia-Pacific economic activity. In June, NODX was up 14.3 percent on month and 13.0 percent on year.
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vor 2Std 49 Minuten
