Standard Motor Says President And CEO Eric Sills To Succeed Lawrence Sills As Chairman Of Board

Standard Motor Products Q1 Results Top Estimates

Standard Motor Products, Inc. (SMP), an automotive replacement parts manufacturer and distributor, reported Wednesday that net income from continuing operations for the first quarter declined to $9.86 million or $0.44 per share from $12.70 million or $0.57 per share in the prior-year quarter.

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Standard Motor Products Q1 Results Top Estimates

Standard Motor Products, Inc. (SMP), an automotive replacement parts manufacturer and distributor, reported Wednesday that net income from continuing operations for the first quarter plunged to $12.70 million or $0.57 per share from $20.56 million or $0.87 per share in the prior-year quarter.

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Standard Motor Products Q4 Adj. EPS Tops Estimates, But Net Sales Miss

Standard Motor Products, Inc. (SMP), an automotive replacement parts manufacturer and distributor, reported Wednesday that net income from continuing operations for the fourth quarter plunged to $8.55 million or $0.39 per share from $20.02 million or $0.89 per share in the prior-year quarter.

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Standard Motor Products Q2 EPS Misses Estimates, But Net Sales Top

Standard Motor Products, Inc. (SMP), an automotive replacement parts manufacturer and distributor, reported Wednesday that net income from continuing operations for the second quarter declined to $20.79 million or $0.93 per share from $28.0 million or $1.23 per share in the prior-year quarter.

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KOSPI May Challenge Resistance At 2,900 Points

The South Korea stock market has finished higher in five straight sessions, collecting more than 175 points or 6.4 percent along the way. The KOSPI now rests just above the 2,870-point plateau and it's tipped to open in the green again on Wednesday.

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Japan Producer Price Data Due On Wednesday

Japan will on Tuesday release May figures for producer prices, highlighting a light day for Asia-Pacific economic activity. In April, producer prices were up 0.2 percent on month and 4.0 percent on year.

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Gold Dips As US-China Trade Talks Continue

Gold prices dipped on Tuesday, ahead of US inflation report and ongoing US-China official talks, which is now the focus of investors from all over the world. Front Month Comex Gold for June delivery lost $11.20 (or 0.34%) to $3320.90 per troy ounce on Tuesday. Front Month Comex Silver for June delivery lost $14.60 cents (or 0.40%) to $36.542 today. The much-anticipated high-level trade talks between the world's two largest economies, U.S. and China, began on Monday in London and continued for the second day today. On the economic data front, the US Labor Department will release Consumer Price Index (CPI) data on Wednesday, which may help to determine the Federal Reserve's monetary policy before the Fed's June 17-18 meeting. Meanwhile, the World Bank, in its biannual Global Economic Prospects, has cut the global growth forecast to 2.3% from 2.7% for the current year citing "trade barriers" as a reason behind the global slowdown.

RTTNews | 2j 55min yang lalu

Crude Oil Prices Fade As US-China Talks Progress

Crude oil prices were down on Tuesday amidst uncertainty over trade talks between China and the United States continued, although the outcome remains uncertain. WTI oil closed down by $0.31 to settle at $64.98 per barrel. August Brent crude was last seen down by $0.03 to $67.01. To ease the standstill created by the reciprocal tariffs imposed by U.S. President Donald Trump and China, high-level officials from both nations convened at London on Monday to discuss steps to soften the conflict. As the talks went on for the second day today, Trump told reporters at the White House that the talks were "going well" and that he was "only getting good reports." While U.S. Treasury Secretary Scott Bessent described Monday's talks as "good meeting," the Commerce Secretary Howard Lutnick called them as "fruitful." On the geopolitical front, however, Russia showed no sign of relenting on its war with Ukraine and continued its attacks. Limiting the downside, the U.S. Energy Information Administration has reported today that US crude oil production is likely to decline over the next 18 months - while the approach of the summer driving season is also good news.

RTTNews | 3j 1min yang lalu

EURUSD	1.14307	GBPUSD	1.35018	AUDUSD	0.65253
USDJPY	144.966	USDCAD	1.36678	USDCHF	0.82244

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Standard Motor Says President And CEO Eric Sills To Succeed Lawrence Sills As Chairman Of Board