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Dun & Bradstreet Maintains FY23 Outlook - Update
(RTTNews) - While reporting financial results for the first quarter on Thursday, Dun & Bradstreet Holdings, Inc. (DNB) maintains adjusted earnings and revenue guidance for the full-year 2023.
For fiscal 2023, the company now projects adjusted earnings in a range of $0.92 to $1.00 per share on revenues between $2.26 billion and $2.30 billion, with organic revenue growth of 3.0 to 4.5 percent.
On average, 14 analysts polled by Thomson Reuters expect the company to report earnings of $0.97 per share on revenues of $2.28 billion for the year. Analysts' estimates typically exclude special items
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U.S. Manufacturing Index Inches Higher In September But Still Indicates Contraction
A report released by the Institute for Supply Management on Wednesday showed its reading on U.S. manufacturing activity crept slightly higher in September but continued to indicate contraction. The ISM said its manufacturing PMI edged up to 49.1 in September from 48.7 in August, although a reading below 50 still indicates contraction. Economists had expected the index to inch up to 49.0.
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Elon Musk's XAI Is Working On Wikipedia Rival Grokipedia
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Private sector employment in the U.S. unexpectedly decreased in the month of September, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment fell by 32,000 jobs in September after dipping by a revised 3,000 jobs in August. Economists had expected private sector employment to climb by 50,000 jobs.
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Bay Street May Open With Slightly Negative Bias
Canadian shares may open with a negative bias on Wednesday as the crucial U.S. jobs data due this week is likely to be delayed due to a partial U.S. government shutdown.
Higher metal prices could trigger some strong buying in the materials sector and help limit market's downside.
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Eurozone Inflation Accelerates In September
Eurozone inflation accelerated in September as the decline in energy prices slowed amid rising services inflation, reinforcing the expectations that interest rates are set to remain unchanged in the near term. Inflation rose to 2.2 percent in September, in line with forecast, from 2.0 percent in August, flash estimate from Eurostat showed on Wednesday. A similar higher rate was last seen in April
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U.S. Private Sector Employment Unexpectedly Decreases In September
Private sector employment in the U.S. unexpectedly decreased in the month of September, according to a report released by payroll processor ADP on Wednesday.
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FTSE 100 Notably Higher; Pharma Stocks Among Top Gainers
U.K. stocks are up firmly in positive territory about an hour past noon on Wednesday, with pharma stocks figuring prominently in the list of gainers following Pfizer reaching a deal with the U.S. government to lower prescription drug prices in exchange for tariff relief.
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2h 56min ago
CAC 40 Modestly Higher; Healthcare Stocks Among Notable Gainers
French stocks are modestly higher on Wednesday, even as investors remain cautious, digesting regional economic data, and assessing the potential impact of the U.S. government shutdown.
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