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HireRight Q3 Results Top Estimates; Maintains FY23 Outlook
HireRight Holdings Corp. (HRT) reported Tuesday a net loss for the third quarter of $1.7 million or $0.02 per share, compared to net income of $93.3 million or $1.17 per share in the prior-year quarter.
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Bluebird Bio Q3 Loss Narrows, Tops Estimates; Revenues Miss Estimates
Bluebird Bio, Inc. (BLUE) reported Tuesday a net loss for the third quarter of $71.73 million or $0.66 per share, narrower than $76.52 million or $0.94 per share in the prior-year quarter.
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Elanco Animal Health Boosts FY23 Adj. EPS, Revenue Outlook As Q3 Results Top Estimates
Elanco Animal Health Inc. (ELAN) reported Tuesday a net loss for the third quarter of $1.10 billion or $2.22 per share, sharply wider than $65.0 million or $0.13 per share in the prior-year quarter.
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RBA Hikes Key Rate To 12-Year High
Australia's central bank raised its benchmark rate by a quarter-point to a 12-year high, ending a four-session long pause, as inflation is likely to be more persistent than estimated though policymakers suggested that any further tightening is off the table. The policy board of the Reserve Bank of Australia, headed by Governor Michele Bullock, decided to lift the cash rate target by 25 basis poin
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Zimmer Biomet Trims FY23 Revenue Growth Outlook - Update
While reporting financial results for the third quarter on Tuesday, medical technology firm Zimmer Biomet Holdings Inc. (ZBH) reaffirmed its adjusted earnings outlook for the full-year 2023, while trimming annual revenue growth guidance.
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GEO Group Q3 Revenues Top Estimates; Backs FY23 Revenue Outlook
The GEO Group, Inc. (GEO) reported Tuesday that net income attributable to the company for the third quarter declined to $24.52 million or $0.16 per share from $38.34 million or $0.26 per share in the prior-year quarter.
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SoftBank-backed WeWork Files For Bankruptcy
Flexible space provider WeWork, which is backed by Japanese technology major SoftBank Group, filed for Chapter 11 bankruptcy protection. The company, which was once valued at $47 billion, has entered into restructuring support agreement with its key financial stakeholders, with a view to drastically reducing its existing funded debt.
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Adecco Group Reiterates Financial Goals And Capital Allocation Metrics
Ahead of its Capital Markets Day in London later on Tuesday, talent company Adecco Group (AHEXY.PK, ADO.L) reiterated its financial goals and capital allocation metrics.
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UBS Posts Q3 Loss On Credit Suisse Integration; Stock Up On Underlying Profit
Swiss banking major UBS Group AG reported Tuesday a loss in its third quarter, compared to prior year's profit, reflecting the integration of Credit Suisse. However, the company recorded an underlying profit in the first full quarter since acquisition, and revenues climbed from last year with good growth in all segments. UBS shares were gaining more than 3 percent in the morning trading in Switzer
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Sensex, Nifty End Off Day's Lows As Oil Prices Fall On Demand Woes
Indian shares recouped early losses to finish marginally lower on Tuesday after three days of gains.
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U.S. Dollar Rises As Traders Await Powell Speech
The U.S. dollar strengthened against other major currencies in the European session on Tuesday, as traders looked ahead to Fed Chair Jerome Powell's speech due on Wednesday and Thursday for additional clarity on the U.S. rate outlook.
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European Shares Subdued As Investors Await Fed Speeches
European stocks were flat to slightly lower on Tuesday as China reported mixed trade data and investors looked ahead to Fed Chair Jerome Powell's speech due on Wednesday and Thursday for additional clarity on the U.S. rate outlook.
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U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the European session on Tuesday.
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