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PHINIA Reaffirms FY24 Outlook - Update
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(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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Australian Market Doubles Early Losses In Mid-market
The Australian stock market is doubling its early loses in mid-market moves on Friday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,550 level, with weakness is technology stocks partially offset by gains in gold miners and energy stocks.
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hace 49 minutos
Asian Markets A Sea Of Red
Asian stock markets are a sea of red on Friday, despite the broadly positive cues from Wall Street overnight, amid heightening geopolitical tensions in the Middle East region after Israel launched a preemptive strike against Iran in a major escalation of the regional conflict. US officials confirmed that the U.S. had no involvement or role in the operation. Asian markets ended mixed on Thursday.
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hace 1h 8min
Sensex, Nifty Set To Extend Losses As Israel Launches 'pre-emptive Strikes' Against Iran
Indian shares may extend losses from the previous session on Friday after Israel launched an airstrike on Iran and declared a special state of emergency.
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hace 1h 43min
Thai Stock Market May Erase Thursday's Losses
The Thai stock market on Thursday ended the two-day winning streak in which it had risen more than 6 points or 0.6 percent. The Stock Exchange of Thailand now rests just beneath the 1,130-point plateau and it's expected to open higher on Friday.
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hace 2h 14min
Indonesia Shares May Move Higher On Friday
The Indonesia stock market has moved lower in back-to-back sessions, slipping more than 25 points or 0.4 percent in that span. The Jakarta Composite Index now rests just above the 7,200-point plateau although it may find support on Friday.
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hace 2h 44min
Japanese Market Sharply Lower
Extending the losses in the previous session, the Japanese market is sharply lower on Friday, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling below the 37,600 level, with weakness across most sectors led by index heavyweights, exporters and technology stocks.
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hace 2h 46min
Little Movement Seen For Hong Kong Stock Market
The Hong Kong stock market has alternated between positive and negative finishes through the last five trading days since the end of the three-day winning streak in which it had rallied almost 750 points or 3.5 percent. The Hang Seng Index now sits just above the 24,030-point plateau and it's likely to remain rangebound on Friday.
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hace 2h 59min
Australian Market Slightly Lower
The Australian stock market is trading slightly lower on Friday after opening in the green, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,600 level, with weakness is technology stocks partially offset by gains in gold miners and energy stocks.
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hace 3h 9min