McCormick Guides FY23 Adj. EPS Below Estimates - Update

McCormick Lifts FY24 Earnings View After Strong Q3 Results; Stock Up

Shares of McCormick & Co. Inc. were gaining around 5 percent in the pre-market activity on the NYSE after the seasonings and spices maker increased its fiscal 2024 outlook for earnings after reporting higher third-quarter earnings, above market. The company further reaffirmed its sales and operating profit growth outlook for the year on a constant currency basis.

RTTNews | 407 hari yang lalu

McCormick Slashes FY22 Earnings Outlook - Update

While reporting financial results for the second quarter on Wednesday, flavor maker McCormick & Co., Inc. (MKC) trimmed its earnings and adjusted earnings guidance for the full year 2022, while maintaining annual sales growth outlook.

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TSX Scales New Record High; Materials, Financials Stocks Among Top Gainers

Canada's S&P/TSX Composite Index surged to a new record high on Wednesday with stocks from materials, financials, consumer staples and industrials sectors turning in a strong performance. The mood in the market is quite bullish amid hopes the government shutdown in the U.S. will come to end soon.

RTTNews | 4j 33min yang lalu

Swiss Market Settles On Firm Note

The Switzerland market closed on a firm note on Wednesday, tracking positive cues from other markets in Europe, amid rising prospects of an end to the U.S. government shutdown this week, and hopes about an interest rate cut by the Federal Reserve next month.

RTTNews | 4j 56min yang lalu

European Stocks Close On Firm Note

European stocks closed higher on Wednesday, extending recent gains, amid hopes the U.S. government shutdown will end soon, possibly even by this Friday. Expectations of a rate cut by the Federal Reserve next month, and data showing a smaller than expected increase in Germany's consumer price inflation also contributed to markets' positive close.

RTTNews | 5j 9min yang lalu

Bay Street May Open On Positive Note Again

Canadian stocks may open higher on Wednesday amid optimism about an end to the U.S. government shutdown. Firm European stocks and expectations of an interest rate cut by the Federal Reserve next month may also help underpin sentiment.

RTTNews | 9j 32min yang lalu

FTSE 100 Pares Early Gains; SSE Soars 12%

After opening marginally higher and moving up a bit subsequently, the U.K. market's FTSE 100 slipped into negative territory on Wednesday, with investors looking for direction and largely refraining from making significant moves.

RTTNews | 10j 49min yang lalu

CAC 40 Extends Gains To 3rd Straight Day, Rises Over 1%

French stocks are up in positive territory on Wednesday, extending gains to a third straight session, led by gains in financial and luxury sectors. Expectations of an interest rate cut by the Federal Reserve next month, and hopes that the government shutdown in the U.S. will likely end this week help underpin sentiment.

RTTNews | 11j 47min yang lalu

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