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CECO Environmental Boosts FY23 Revenue Outlook As Q2 Revenue Tops Estimates
CECO Environmental Corp. (CECO) reported Tuesday the net income attributable to CECO for the second quarter declined to $3.72 million or $0.11 per share from $4.39 million or $0.13 per share in the prior-year quarter.
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vor 721 Tagen
Eli Lilly Boosts FY23 Outlook - Update
While reporting financial results for the second quarter on Tuesday, drugmaker Eli Lilly and Co. (LLY) raised its earnings, adjusted earnings and revenue guidance for the full-year 2023.
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vor 721 Tagen
Sensex, Nifty Edge Lower As Investors Await US Inflation Data
Indian shares moved in a tight range before ending slightly lower on Tuesday, as Chinese trade data disappointed and the dollar resumed its upward trajectory ahead of key U.S. inflation readings that might influence the Fed's plans for possible interest rate hikes.
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vor 721 Tagen
European Shares Decline As Italy Surprises With Windfall Tax On Banks
European stocks were moving lower on Tuesday after data showed China's exports and imports both sank at their fastest pace since the 2020 COVID-19 pandemic in July, threatening recovery prospects in the world's second-largest economy.
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vor 721 Tagen
FTSE 100 Slips As Miners Drag On China Concerns
U.K. stocks traded lower on Tuesday after data showed China's exports and imports both sank at their fastest pace since the 2020 COVID-19 pandemic in July, threatening recovery prospects and reinforcing the need for further stimulus measures from policymakers.
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vor 721 Tagen
CAC 40 Drifts Lower After Italian Windfall Tax On Banks
French stocks were moving lower on Tuesday after data showed China's exports and imports both fell more than expected in July, threatening recovery prospects and adding to pressure on policymakers to unveil additional stimulus.
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vor 721 Tagen
Fraport Stock Up On H1 Profit, Upbeat FY23 Earnings View
Shares of Fraport Group were gaining around 8 percent in the morning trading in Germany after the airport operator reported Tuesday a profit in its first half, compared to last year's loss, with strong passenger demand. The company further said it now expects to meet the upper half of its earnings projection range for fiscal 2023.
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vor 721 Tagen
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DAX Slips As Banks Drag
German stocks declined on Tuesday after data showed China experienced a notable downturn in its trade figures in July.
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vor 721 Tagen
Asian Shares Mixed After Weak China Data
Asian stocks ended Tuesday's session on a mixed note after the release of weak Chinese trade data and ahead of key inflation readings from the world's largest economies due this week.
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vor 721 Tagen
China Exports Log Double-Digit Decline In July
China's exports logged another sharper-than-expected double digit decline in July as monetary policy tightening damped demand from major trading partners, official data showed on Tuesday. Shipments declined 14.5 percent in July from a year ago, following June's 12.4 percent fall, the General Administration of Customs reported.
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vor 721 Tagen
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the pre-European session on Tuesday.
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vor 721 Tagen
European Shares Seen Lower As China Trade Data Disappoints
European stocks may open on a sluggish note Tuesday, as investors focus on Chinese trade data and look for cues from upcoming inflation readings from the world's largest economies.
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vor 721 Tagen
European Economic News Preview: Germany Final Inflation Data Due
Final consumer prices data from Germany is the only major economic report due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is set to issue Germany's final consumer and harmonized prices for July.
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vor 721 Tagen
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