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Badger Meter Q3 Results Top Estimates
(RTTNews) - Water technology firm Badger Meter, Inc. (BMI) reported Thursday that net earnings for the third quarter increased to $25.97 million or $0.88 per share from $17.93 million or $0.61 per share in the prior-year quarter.
On average, five analysts polled by Thomson Reuters expected the company to report earnings of $0.81 per share for the quarter. Analysts' estimates typically exclude special items.
Total net sales for the quarter increased 25 percent to a record $186.19 million from $148.01 million in the same quarter last year. Analysts expected revenue of $179.06 million for the quarter.
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Badger Meter Q3 Results Top Estimates
Water technology firm Badger Meter, Inc. (BMI) reported Friday that net earnings for the third quarter increased to $17.93 million or $0.61 per share from $15.86 million or $0.54 per share in the prior-year quarter.
RTTNews
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1099 dni temu
UK Consumer Prices Rise Less Than Forecast
UK consumer prices rose less than expected and food inflation eased for the first time in six months in September, raising hopes that the Bank of England could reduce interest rates this year. Consumer prices logged an annual growth of 3.8 percent in September, the same rate of increase as seen in August, the Office for National Statistics said Wednesday. Prices were expected to climb at a faster
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DAX Advances In Cautious Trade
After a weak start and a subsequent recovery that briefly lifted it slightly above the flat line, the German stock market retreated and slipped into negative territory Wednesday morning amid cautious moves by investors due to a lack of progress in Ukraine peace talks and a disappoint earnings update from Netflix.
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European shares were mixed on Wednesday as investors digested a flurry of corporate earnings and closely watched the latest trade developments between the United States and China.
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Asian stocks retreated on Wednesday, with renewed U.S.-China trade tensions and mixed U.S. earnings keeping investors on edge.
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European stocks are seen opening a tad lower on Wednesday as Ukraine war discussions remain stalled and Netflix earnings disappointed.
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European Economic News Preview: UK Inflation Data Due
Inflation from the UK is the major economic news due on Wednesday on an otherwise light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK consumer and producer prices for September. Inflation is forecast to ease to 3.8 percent from 4.0 percent in August.
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5g 13 minut temu
Australian Market Trims Early Losses In Mid-market
The Australian stock market is trimming its early losses in mid-market moves on Wednesday, adding to the losses in the previous session, with the benchmark S&P/ASX 200 falling well below the 9,050 level, following the mixed cues from Wall Street overnight, dragged by tumbling gold mining stocks as bullion prices recorded its biggest intra-day drop in nearly 12 years.
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6g 34 minut temu
