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Griffon Boost FY24 Revenue Outlook - Update
(RTTNews) - While reporting financial results for the second quarter on Wednesday, Griffon Corp. (GFF) raised its revenue expectation for the full-year 2024 to $2.65 billion from the prior guidance of $2.6 billion.
On average, five analysts polled by Thomson Reuters expect the company to report revenues of $2.63 billion for the year.
Separately, the Board of Directors declared a regular quarterly cash dividend of $0.15 per share, payable on June 20, 2024 to shareholders of record as of the close of business on May 29, 2024.
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Griffon Guides FY24 Revenues In Line With Estimates - Update
While reporting financial results for the fourth quarter on Wednesday, Griffon Corp. (GFF) initiated its revenue guidance for the full-year 2024 of $2.6 billion.
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European Economic News Preview: Eurozone GDP Data Due
Flash GDP estimate and foreign trade from the euro area and final inflation figures from France are due on Friday, headlining a light day for the European economic news. At 2.45 am ET, France's statistical office INSEE publishes final inflation data for October. According to flash estimate, consumer price inflation eased to 1.0 percent from 1.2 percent in September.
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European Shares Likely To Open On Subdued Note
European stocks are seen opening on a sluggish note Friday as uncertainty persists over Fed rate cuts and elevated technology valuation concerns loomed.
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il y a 2h 26min
Indian Shares Follow Global Peers Lower
Indian shares opened lower on Friday, mirroring weak cues from global markets as uncertainty persists over Federal Reserve interest-rate cuts and stretched valuations in technology stocks.
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il y a 3h 35min
Australian Market Maintains Early Sharp Losses In Mid-market
The Australian stock market is maintaining its early sharp losses in mid-market moves on Friday, extending the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,650 level, with weakness across all sectors led by mining and technology stocks.
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il y a 4h 53min
Asian Markets Track Wall Street Lower
Asian stock markets are trading mostly lower on Friday, following the broadly negative cues from Wall Street overnight, reflecting uncertainty whether key U.S. economic reports will be released following the end of the longest government shutdown in U.S. history, which could alter the US Fed's decision on interest rates. Asian markets ended mostly higher on Thursday.
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il y a 5h 14min
Indian Shares Set For Muted Opening; Bihar Election Results Eyed
Indian shares are set for a muted opening on Friday as investors await the Bihar election results for directional cues.
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il y a 5h 33min
China Industrial Output Gains An Annual 4.9% In October
Industrial production in China was up 4.9 percent on year in October, the National Bureau of Statistics said on Friday.
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il y a 5h 58min
