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RPM International Q4 Adj. EPS Misses Estimates; Guides Q1 Sales
RPM International, Inc. (RPM) reported Monday that net income attributable to RPM for the fourth-quarter grew to $199.0 million or $1.54 per share from $156.1 million or $1.20 per share in the prior-year quarter. Excluding special items, adjusted earnings for the quarter was $1.42 per share.
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vor 681 Tagen
German Ifo Business Confidence At 25-Month Low
Germany's business confidence deteriorated to the lowest since mid-2020, adding to the fear of recession, survey results from the ifo Institute showed Monday. The business confidence index fell to 88.6 in July from a revised 92.2 in June. The score has reached its lowest value since June 2020 and was below economists' forecast of 90.2.
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vor 681 Tagen
Sensex Falls Over 300 Points; Nifty Settles At 16,631
Indian shares ended lower on Monday after Reliance Industries posted a lower-than-expected profit for the June quarter and Infosys delivered a mixed set of numbers.
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vor 681 Tagen
European Shares Recover After Early Dip
European stocks were moving in a narrow range on Monday, as investors braced for a busy week of corporate earnings and a policy meeting of the U.S. Federal Reserve, with economists expecting a 75-bps point hike to combat inflation.
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vor 681 Tagen
FTSE 100 Recovers After Early Slide
U.K. stocks were slightly higher on Monday, after having recovered from an early slide on growth worries.
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vor 681 Tagen
CAC 40 Little Changed In Cautious Trade
French stocks were little changed on Monday as investors braced for a busy week of corporate earnings and a policy meeting of the U.S. Federal Reserve, with economists expecting a 75-bps point hike to combat inflation.
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vor 681 Tagen
DAX Slips As Business Confidence Falls More Than Expected
German stocks drifted lower on Monday after survey results from Ifo Institute showed that Germany's business confidence deteriorated more than expected in July.
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vor 681 Tagen
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Asian Shares Slide On Concerns Over Economic Outlook
Asian stocks ended broadly lower on Monday as weak business activity data from Europe and the United States coupled with anxiety about China's property market added to worries about a recession.
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vor 681 Tagen
Australian Dollar Slides In Cautious Trade
The Australian dollar weakened against its most major counterparts in the Asian session on Monday, as investors became cautious ahead of the U.S. Federal Reserve's interest rate decision and the release of a key data from Australia.
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vor 681 Tagen
European Shares Poised For Weak Start As Growth Worries Weigh
European stocks are seen opening on a tepid note Monday as economic concerns mount.
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vor 681 Tagen
Sensex Declines 335 Points; Nifty Dips Below 16,650
Indian shares opened lower on Monday, mirroring weak global cues as investors braced for a busy week of U.S. tech earnings and the Fed meeting.
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vor 681 Tagen
European Economics Preview: Germany Ifo Business Confidence Data Due
Business sentiment survey data from Germany is the only major report due on Monday, headlining a light day for the European economic news. At 1.00 am ET, Statistics Finland publishes producer prices and export price data for June. At 3.00 am ET, gross wages from Hungary and manufacturing confidence from Turkey are due.
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vor 681 Tagen
Asian Markets Mostly Lower Amid Cautious Trades
Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street on Friday, as worries about slowing growth and policy tightening weighed on the markets. Traders remained cautious and chose to take some profits ahead of this week's highly anticipated monetary policy decision by the U.S. Federal Reserve, which is widely expected to raise interest rates.
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vor 681 Tagen
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