Harsco Q4 Results Top Estimates; Guides Q1, FY23 Below Estimates

Harsco Slashes FY22 Outlook As Q2 Results Top Estimates

Harsco Corp. (HSC) reported Tuesday second-quarter net loss from continuing operations attributable to common stockholders of $106.70 million or $1.34 per share, compared to net income of $8.54 million or $0.11 per share in the prior-year quarter.

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Harsco Trims FY22 Adjusted EBITDA Outlook

Provided an update on its expected financial results for the second quarter on Friday, Harsco Corp. (HSC) said it expects a operating loss from continuing operations of between $95 million and $97 million, including a non-cash goodwill impairment charge estimated at approximately $100 million, and adjusted EBITDA within a range of $47.5 million to $50.0 million.

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Swiss Market Settles Moderately Lower

The Switzerland market ended weak on Friday, in line with markets across Europe, as investors chose to trim down positions at several counters, continuing to react to earnings updates and assessing the developments on the trade front.

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European Markets Close Weak After Cautious Session

European markets closed weak on Friday, as investors reacted to a slew of earnings updates, regional economic data, and continued to assess the recent policy announcements from major central banks, and the developments on the trade front.

RTTNews | 3j 25min yang lalu

Canadian Market Marginally Down As Stocks Swings Between Gains And Losses

After an early upmove and a subsequent fall into negative territory, the Canadian market recovered a bit on Friday, but slipped again in cautious trade.

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Chicago Business Barometer Climbs More Than Expected But Still Indicates Contraction

A reading on Chicago-area business activity increased by more than expected in the month of October but continued to indicate contraction, according to a report released by MNI Indicators on Friday. The report said the Chicago business barometer climbed to 43.8 in October after slipping to 40.6 in September. Economists had expected the index to show a more modest increase to 42.3.

RTTNews | 7j 8min yang lalu

Eurozone Inflation Softens On Energy Prices

Eurozone inflation softened in October largely due to the fall in energy prices, while core consumer prices registered a steady growth, official data revealed Friday. The harmonized index of consumer prices rose 2.1 percent on a yearly basis, following a 2.2 percent rise in September, flash estimate from Eurostat showed. Inflation came in line with expectations.

RTTNews | 7j 45min yang lalu

Bay Street May Open On Positive Note

The Canadian market may open on a positive note on Friday as technology stocks are likely to see some brisk buying thanks to encouraging earnings guidance from U.S. tech majors Apple Inc., and Amazon.

RTTNews | 8j 38min yang lalu

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