Forex News
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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Verisk Q1 Results Top Estimates; Backs FY24 Outlook
Verisk Analytics, Inc. (VRSK), a data analytics and technology provider, reported Wednesday that net income attributable to Verisk for the first quarter soared to $219.6 million or $1.52 per share from $56.3 million or $0.37 per share in the prior-year quarter.
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Bay Street Likely To Open On Mixed Note; Fed Policy Eyed
It's likely to be a mixed start for Canadian shares Wednesday morning, with investors tracking commodity prices and earnings updates, and looking ahead to the Federal Reserve's monetary policy announcement.
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TTM Technologies Q1 Results Top Estimates; Guides Q2 In Line With View
TTM Technologies, Inc. (TTMI) reported Wednesday a net income for the first quarter of $10.47 million or $0.10 per share, compared to a net loss of $5.81 million or $0.06 per share in the prior-year quarter.
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U.S. Private Sector Employment Jumps More Than Expected In April
Private sector employment in the U.S. increased by more than expected in the month of April, according to a report released by payroll processor ADP on Wednesday.
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Estee Lauder Slashes FY24 Outlook - Update
While reporting financial results for the third quarter on Wednesday, Estee Lauder Cos., Inc. (EL) slashed its earnings, adjusted earnings and revenue growth guidance for the full-year 2024. The company also provided outlook for the fourth quarter, well below estimates.
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Lower Futures Point To Weak Opening On Wall Street; Fed Policy Eyed
Although lower futures currently point to a weak start for U.S. stocks Wednesday morning, the mood may change positive if some of the data due ahead of the opening bell turn out to be a bit encouraging. However, the focus today is on the Federal Reserve's monetary policy announcement, due later in the day.
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Gibraltar Industries Q1 Adj. EPS Tops Estimates; Reaffirms FY24 Outlook
Gibraltar Industries, Inc. (ROCK) reported Wednesday that net income for the first quarter grew to $24.95 million or $0.81 per share from $21.10 million or $0.68 per share in the prior-year quarter.
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UK Manufacturing Activity Slips Into Contraction
The UK manufacturing activity slid into contraction at the start of the second quarter as improvement in output and new orders were short-lived amid uncertain market conditions, client destocking and supply chain disruptions. The S&P Global final manufacturing Purchasing Managers' Index fell to 49.1 in April from a 20-month high of 50.3 in March, survey results showed on Wednesday. The score was
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Global Payments Reaffirms FY24 Outlook; Q1 Adj. EPS Tops Estimates - Update
While reporting financial results for the first quarter on Wednesday, payments technology company Global Payments Inc. (GPN) reaffirmed its adjusted earnings and adjusted revenue guidance for the full year 2024.
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Kraft Heinz Reaffirms FY24 Outlook - Update
While reporting financial results for the first quarter on Wednesday, Kraft Heinz Co. (KHC) reaffirmed its adjusted earnings and organic net sales growth guidance for the full-year 2024.
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Pfizer Boost FY24 Adj. EPS Outlook - Update
While reporting financial results for the first quarter, drug major Pfizer Inc. (PFE) raised its adjusted earnings guidance for the full-year 2024, while maintaining annual revenue outlook.
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CVS Health Slashes FY24 Outlook; Stock Down 11% - Update
While reporting financial results for the first quarter on Wednesday, CVS Health (CVS) slashed its earnings and adjusted earnings guidance for the full-year 2024, reflecting the potential for continued elevated medical cost trends in the remainder of 2024.
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