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W.P. Carey Boosts FY22 AFFO Outlook - Update

W.P. Carey Boosts FY22 AFFO Outlook - Update

While reporting its financial results for the second quarter on Friday, net lease real estate investment trust W.P. Carey Inc. (WPC) now projects adjusted funds from operations or AFFO guidance for the full-year 2022 in a range of $5.22 to $5.30 per share, including Real Estate AFFO of between $5.13 and $5.21 per share.
RTTNews | 690 hari yang lalu
UK Consumer Credit Growth Fastest Since 2019, Mortgage Approvals Fall

UK Consumer Credit Growth Fastest Since 2019, Mortgage Approvals Fall

UK consumer borrowing increased the most in more than three years in June suggesting that households are relying more on credit amid the cost of living crisis and mortgage approvals declined more than expected as the rising interest rate weigh on the property market.
RTTNews | 690 hari yang lalu
P&G Q4 Profit Up 5%, But Misses View; Provides Weak Outlook

P&G Q4 Profit Up 5%, But Misses View; Provides Weak Outlook

Consumer goods giant Procter & Gamble reported on Friday that profit for the fourth quarter increased five percent from last year, driven by net sales growth and lower expenses. Earnings per share for the quarter missed analysts' estimates, but quarterly topped it by a whisker. Looking ahead, the company initiated earnings and sales growth guidance for the full-year 2023, below expectations.
RTTNews | 690 hari yang lalu
Earnings Drive FTSE-100 Higher

Earnings Drive FTSE-100 Higher

Stocks in the U.K. hit a 7-week high of 7402 amidst strong earnings updates from the corporate sector.
RTTNews | 690 hari yang lalu
Eurozone GDP Growth Improves In Q2

Eurozone GDP Growth Improves In Q2

The euro area logged a faster growth in the second quarter as France, Italy and Spain fared well despite deepening energy crisis and high inflation, while Germany failed to gain momentum, official data showed Friday. Gross domestic product grew 0.7 percent on a quarterly basis, following the first quarter's 0.5 percent expansion, preliminary flash estimate from Eurostat revealed.
RTTNews | 690 hari yang lalu
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CAC-40 Climbs On Growth And Earnings Boost

CAC-40 Climbs On Growth And Earnings Boost

CAC-40 is trading more than a percent higher on Friday as upbeat earnings updates and a more than expected GDP growth helped reinforce market sentiment.
RTTNews | 690 hari yang lalu
DAX Firm Amidst Fresh Growth, Inflation Readings

DAX Firm Amidst Fresh Growth, Inflation Readings

The German stock market benchmark DAX remained firm amidst a slew of data releases that revealed the latest position in respect of GDP growth, inflation, unemployment etc. in the region as well as in the larger Eurozone.
RTTNews | 690 hari yang lalu
German Economy Stagnates In Q2

German Economy Stagnates In Q2

The German economy stagnated in the second quarter as growth in household and government spending was offset by the weaker foreign trade, official data showed on Friday. Gross domestic product remained flat in the second quarter, following a revised growth of 0.8 percent in the preceding quarter, Destatis reported.
RTTNews | 690 hari yang lalu
China Fears Drag Asian Stocks

China Fears Drag Asian Stocks

Asian stocks finished mixed as fresh concerns over economic growth in China eclipsed positive sentiments triggered by the earnings season as well as potential pause or slowdown by the Fed. Hong Kong's Hang Seng declined more than 2 percent as tech stocks and real estate stocks were under pressure.
RTTNews | 690 hari yang lalu
Japanese Yen Advances On Recession Concerns

Japanese Yen Advances On Recession Concerns

The Japanese yen was higher against its major counterparts in the Asian session on Friday, as recession fears intensified following a data showing a contraction in U.S. economic growth for a second straight quarter.
RTTNews | 690 hari yang lalu

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