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Badger Meter Q3 Results Top Estimates
(RTTNews) - Water technology firm Badger Meter, Inc. (BMI) reported Thursday that net earnings for the third quarter increased to $25.97 million or $0.88 per share from $17.93 million or $0.61 per share in the prior-year quarter.
On average, five analysts polled by Thomson Reuters expected the company to report earnings of $0.81 per share for the quarter. Analysts' estimates typically exclude special items.
Total net sales for the quarter increased 25 percent to a record $186.19 million from $148.01 million in the same quarter last year. Analysts expected revenue of $179.06 million for the quarter.
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Badger Meter Q3 Results Top Estimates
Water technology firm Badger Meter, Inc. (BMI) reported Friday that net earnings for the third quarter increased to $17.93 million or $0.61 per share from $15.86 million or $0.54 per share in the prior-year quarter.
RTTNews
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Japan Overall Inflation Climbs 2.9% On Year In September
Overall consumer prices in Japan were up 2.9 percent on year in September, the Ministry of Internal Affairs and Communication said on Friday.
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Malaysia Bourse May Remain Rangebound On Friday
The Malaysia stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had picked up less than a point. The Kuala Lumpur Composite Index now sits just beneath the 1,610-point plateau and it's likely to remain in that neighborhood again on Friday.
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Japan Stock Market May Halt Losing Streak
The Japanese stock market has finished lower in back-to-back sessions, retreating more than 675 points or 1.4 percent in that span. The Nikkei 225 now sits just above the 48,640-point plateau although it may find traction on Friday.
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Rebound Anticipated For South Korea Shares
The South Korea stock market on Thursday ended the six-day winning streak in which it had surged more than 320 points or 8.6 percent to a record closing high. The KOSPI now rests just beneath the 3,850-point plateau although it may bounce higher again on Friday.
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Swiss Franc Rises Against Majors
The Swiss franc advanced against its major counterparts in the New York session on Thursday.
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Australia Manufacturing PMI Sinks Into Contraction - S&P Global
The manufacturing sector in Australia slipped into contraction in October, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 49.7.
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Japan Inflation Data Due On Friday
Japan will on Friday release September figures for consumer prices, highlighting a modest day for Asia-Pacific economic activity. In August, overall inflation was up 0.1 percent on month and 2.7 percent on year, while core CPI also rose an annual 2.7 percent.
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