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DTE Energy Confirms FY24 Operating Earnings Outlook; Q4 Adj. EPS Tops Estimates
While reporting financial results for the fourth quarter on Thursday, gas and electric utility DTE Energy Co. (DTE) confirmed its operating earnings guidance for the full-year 2024 in the range of $6.54 to $6.83 per share.
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Interpublic Q4 Results Top Estimates
Interpublic Group of Cos., Inc. (IPG) reported Thursday that net income available to IPG common stockholders for the fourth quarter surged to $463.2 million or $1.21 per share from $297.2 million or $0.76 per share in the prior-year quarter.
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ConocoPhillips Q4 Adj. EPS Tops Estimates; Lifts FY24 Production Guidance
ConocoPhillips (COP) reported Thursday that net earnings for the fourth quarter declined to $3.01 billion or $2.52 per share from $3.25 billion or $2.61 per share in the prior-year quarter.
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Tapestry Boosts FY24 EPS Outlook; Declares Dividend - Update
While reporting financial results for the second quarter on Thursday, Tapestry, Inc. (TPR) raised its earnings guidance for the full year 2024, while maintaining annual revenue outlook.
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Dynatrace Boosts FY24 Outlook; Q3 Results Top Estimates
While reporting financial results for the third quarter on Thursday, software intelligence provider Dynatrace, Inc. (DT) raised its adjusted earnings and revenue guidance for the full-year 2024. It also provided outlook for the fourth quarter.
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Zimmer Biomet Guides FY24 Above Estimates - Update
While reporting financial results for the fourth quarter on Thursday, musculoskeletal healthcare firm Zimmer Biomet Holdings Inc. (ZBH) initiated its adjusted earnings and revenue growth outlook for the full-year 2024, above analysts' estimates.
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A.P. Moller-Maersk Hit By Q4 Loss, Buyback Termination, FY24 Warning
Shares of A.P. Moller - Maersk A/S were losing around 16 percent in the morning trading on Denmark stock exchange after the logistics major reported Thursday a loss in its fourth quarter, compared to prior year's profit, on weak revenues. The results were impacted by downward pressure on rates and oversupply in Ocean, despite increasing volumes.
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Spirit Airlines Q4 Loss Narrows; Tops Estimates
Spirit Airlines, Inc. (SAVE) reported Wednesday a net loss for the fourth quarter of $183.65 million or $1.68 per share, narrower than $270.66 million or $2.49 per share in the prior-year quarter.
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Swiss Franc Climbs Against Majors
The Swiss franc advanced against its major counterparts in the European session on Thursday.
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India Central Bank Maintains Policy Stance
The Reserve Bank of India decided to leave its benchmark interest rates unchanged for the sixth straight session on Thursday as inflation tends to remain in the upper band of the target range. The Monetary Policy Committee of the RBI, led by Governor Shaktikanta Das, voted 5-1 to hold the repo rate at 6.50 percent.
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Sensex, Nifty Tumble As FMCG And Private Banks Drag
Indian shares fell sharply on Thursday, with FMCG stocks leading losses.
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Indian Rupee Off 6-day High Against U.S. Dollar
The Indian rupee retraced its gains against the U.S. dollar in evening deals on Thursday.
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European Shares Inch Higher Amid Earnings Deluge
European stocks were seeing modest gains on Thursday despite heightened geopolitical tensions and lingering uncertainty over the Fed's rate trajectory.
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