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Otis Worldwide Q4 Results Top Estimates; Guides FY23 In Line With View
Otis Worldwide Corp. (OTIS) reported Wednesday that net income for the fourth quarter grew $297 million or $0.71 per share from $281 million or $0.65 per share in the prior-year quarter.
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933 days ago
Thermo Fisher Scientific Guides FY23 Above Estimates - Update
While reporting financial results for the fourth quarter on Wednesday, Thermo Fisher Scientific Inc. (TMO) initiated adjusted earnings and revenue guidance for the full-year 2023.
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933 days ago
Sensex, Nifty End Volatile Session Mixed As Adani Group Shares Slump
Indian shares ended a highly volatile session mixed on Wednesday as investors cheered the Union Budget proposals.
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933 days ago
Indonesia Inflation Slows To 5.28%, Lowest In 5 Months
Indonesia's inflation rate eased to the lowest in five months in January after accelerating in the previous month, and remained above the Bank Indonesia's target, data from the statistics bureau in Jakarta showed on Wednesday. Separate data showed that tourist arrivals to the country continued its triple-digit growth in December.
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933 days ago
UK House Price Inflation Slows More Than Expected - Nationwide
UK house prices rose at a much slower than expected pace at the start of the year, and prices fell from the previous month, results of the Nationwide survey showed, as buyer demand was damped by the prospect of reduced real earnings and higher mortgage rates as many households reel under the pressure of the cost-of-living crisis that is the worst in several decades.
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933 days ago
Dutch Inflation Near 1-Year Low, Manufacturing Downturn Softens
The Netherlands' consumer price inflation slowed to the lowest in nearly a year in January and the downturn in manufacturing softened on renewed expansion in production, separate data revealed Wednesday. Consumer prices rose 7.6 percent from the previous year, slower than the 9.6 percent increase in December, the flash estimates from Central Bureau of Statistics showed.
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933 days ago
Australian Dollar Higher Ahead Of Fed Decision
The Australian dollar climbed against its major counterparts on Wednesday, on hopes that the Federal Reserve will moderate the pace of tightening at the conclusion of its two-day policy meeting later in the day.
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933 days ago
more news
European Shares Hold Steady Ahead Of Central Bank Decisions
European stocks were seeing modest gains on Wednesday, as investors digested mixed manufacturing data from China and awaited interest-rate decisions from the Federal Reserve, the European Central Bank and the Bank of England for directional cues.
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933 days ago
FTSE 100 Rises Ahead Of Central Bank Decisions
U.K. stocks were seeing modest gains on Wednesday as investors looked ahead to interest-rate decisions from the Federal Reserve, the European Central Bank and the Bank of England.
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933 days ago
Novartis Stock Down On Weak Q4 Results; Sees Growth In FY23
Shares of Novartis AG were losing around 2 percent in the early morning trading in Switzerland after the drug major reported Wednesday sharply lower profit in its fourth quarter with weak sales as well as the absence of prior year's hefty Roche income. Adjusted earnings, however, topped market estimates, while top line missed their view. Further, the company announced higher dividend...
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933 days ago
CAC 40 Inches Higher On Improved China Data
French stocks were slightly higher on Wednesday after two manufacturing surveys out of China painted a positive picture of the world's second-largest economy.
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933 days ago
DAX Holds Steady Ahead Of Fed Decision
German stocks were steady on Wednesday as investors reacted to mixed manufacturing data from China and awaited the Federal Reserve's interest-rate decision later in the day for direction.
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933 days ago
Asian Shares See Cautious Gains Ahead Of Fed Decision
Asian stocks advanced on Wednesday even as a cautious undertone prevailed ahead of the U.S FOMC meeting outcome later in the day.
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933 days ago
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