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PHINIA Reaffirms FY24 Outlook - Update
(RTTNews) - While reporting financial results for the first quarter on Thursday, PHINIA Inc. (PHIN) reaffirmed its fiscal 2024 guidance for net earnings in a range of $125 million to $160 million on net sales between $3.42 billion and $3.58 billion.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $4.15 per share on revenues of $3.48 billion for the year. Analysts' estimates typically exclude special items.
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Pound Rises: Traders Await BoE Monetary Policy Decision
The British pound strengthened against other major currencies in the European session on Monday, as investors await the Federal Reserve's (Fed) and the Bank of England's (BoE) monetary policy announcements on Wednesday and Thursday.
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vor 6 Minuten
CAC 40 Rises Sharply; Kering, Thales Among Strong Gainers
Despite Fitch Ratings lowering France's long-term credit rating, citing climbing debt and political instability, the French stock market is up in positive territory on Monday with investors looking ahead to the policy announcements from the Federal Reserve, the Bank of England and the Bank of Japan this week.
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vor 10 Minuten
Sensex, Nifty Snap Winning Streak, Settle On Weak Note
The major Indian stock indices Sensex and the Nifty ended on a weak note on Monday as investors chose to take some profits ahead of the Federal Reserve's monetary policy announcement due later this week.
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vor 41 Minuten
DAX Modestly Higher In Cautious Trade
The German stock market is up in positive territory on Monday with investors making some selective purchases ahead of key central bank policy meetings later this week. The Federal Reserve, the Bank of England and the Bank of Japan are scheduled to make their monetary policy announcements this week.
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vor 1Std 19 Minuten
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Monday.
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vor 1Std 48 Minuten
China Industrial Output, Retail Sales Miss Expectations
China's industrial production and retail sales grew at weaker than expected rates in August and fixed asset investment logged only a meagre growth, strengthening the call for both monetary and fiscal stimulus. Industrial output expanded 5.2 percent on a yearly basis in August, weaker than the 5.7 percent increase in July, the National Bureau of Statistics reported Monday.
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vor 2Std 14 Minuten
European Economic News Preview: Eurozone Foreign Trade Data Due
Foreign trade from Eurozone and wholesale prices from Germany are the top economic news due on Monday. At 2.00 am ET, Destatis is scheduled to issue Germany's wholesale prices for August. Economists forecast prices to rise 0.2 percent month-on-month, reversing a 0.1 percent fall in July.
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vor 5Std 46 Minuten
Australian Market Slashes Early Losses In Mid-market
The Australian stock market is slashing its early losses in mid-market trading on Monday, giving up some of the gains in the previous session, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,850.00 level, with weakness in mining stocks and a mixed performance across other sectors.
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vor 7Std 53 Minuten
