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Public Service Enterprise Reaffirms FY24 Operating Earnings Outlook - Update
(RTTNews) - While reporting financial results for the first quarter on Tuesday, Public Service Enterprise Group, Inc. (PEG) again reaffirmed its operating earnings guidance for the full-year 2024.
For fiscal 2024, the company continues to project adjusted operating earnings in the range of $3.60 to $3.70 per share.
On average, 15 analysts polled by Thomson Reuters expect the company to report earnings of $3.67 per share for the year. Analysts' estimates typically exclude special items.
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TSX Scales New Record High; Materials, Financials Stocks Among Top Gainers
Canada's S&P/TSX Composite Index surged to a new record high on Wednesday with stocks from materials, financials, consumer staples and industrials sectors turning in a strong performance.
The mood in the market is quite bullish amid hopes the government shutdown in the U.S. will come to end soon.
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Swiss Market Settles On Firm Note
The Switzerland market closed on a firm note on Wednesday, tracking positive cues from other markets in Europe, amid rising prospects of an end to the U.S. government shutdown this week, and hopes about an interest rate cut by the Federal Reserve next month.
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European Stocks Close On Firm Note
European stocks closed higher on Wednesday, extending recent gains, amid hopes the U.S. government shutdown will end soon, possibly even by this Friday.
Expectations of a rate cut by the Federal Reserve next month, and data showing a smaller than expected increase in Germany's consumer price inflation also contributed to markets' positive close.
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