Wabtec Boosts FY24 Outlook - Update

Wabtec Guides FY23 Adj. EPS In Line; Boosts Dividend 13% - Update

While reporting its financial results for the fourth quarter on Wednesday, transportation solutions provider Wabtec Corp. (WAB) initiated its adjusted earnings and sales guidance for the full-year 2023.

RTTNews | 446 days ago

China Service Sector Growth Moderates In April

China's service sector continued to expand in April but the pace of growth moderated slightly, survey results from S&P Global showed on Monday. The Caixin services Purchasing Managers' Index fell to 52.5 in April from 52.7 in the previous month. A reading above 50.0 indicates expansion in the sector. The official PMI survey results also showed that the private sector growth moderated in April.

RTTNews | 4h 59min ago

Yen Reverses Against Majors

The Japanese yen reversed from early gains against other major currencies in the Asian session on Monday, although the Japanese stock market is closed for Children's Day holiday on the day.

RTTNews | 5h 22min ago

Eutelsat Mulls Options For Ground Network

French satellite operator Eutelsat Group confirmed Monday, following recent press speculation, that it is analysing options for its ground network. The company may partner with external infrastructure investors, but the analysis is preliminary in nature at this time. There can be no certainty that it will lead to a specific outcome, the firm noted.

RTTNews | 5h 53min ago

European Economic News Preview: Eurozone Final PMI, Investor Confidence Due

Final composite Purchasing Managers' survey results, investor sentiment and producer prices from the euro area are the top economic news due on Monday. At 3.15 am ET, Spain's services PMI survey results are due. Economists expect the services PMI to fall slightly to 56.0 in April from 56.1 in March.

RTTNews | 6h 19min ago

Hormel Foods Recalls Select Planters Peanuts, Mixed Nuts

Hormel Foods Sales, LLC, affiliated to food processing major Hormel Foods Corp., is recalling a limited number of two Planters nut products citing potential to be contaminated with Listeria monocytogenes, according to the U.S. Food and Drug Administration.

RTTNews | 6h 24min ago

European Shares Seen Up As Weak US Data Revives Fed Easing Bets

European stocks are seen opening on a firm note Monday as weak U.S. data released on Friday fueled bets that the Federal Reserve could start cutting interest rates soon. The U.S. economic calendar for this week is relatively quiet, potentially shifting the spotlight to earnings news from several big-name companies.

RTTNews | 6h 40min ago

Sensex, Nifty Gain On Global Cues; Kotak Shares Rally Nearly 4%

Indian shares opened on a positive note Monday as disappointing U.S. jobs and services sector data raised hopes that the Federal Reserve could start cutting interest rates soon.

RTTNews | 8h 4min ago

EURUSD	1.07647	GBPUSD	1.25665	AUDUSD	0.6623
USDJPY	153.857	USDCAD	1.36799	USDCHF	0.90535