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Griffon Guides FY24 Revenues In Line With Estimates - Update
(RTTNews) - While reporting financial results for the fourth quarter on Wednesday, Griffon Corp. (GFF) initiated its revenue guidance for the full-year 2024 of $2.6 billion.
On average, six analysts polled by Thomson Reuters expect the company to report revenues of $2.60 billion for the year.
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Griffon Boost FY24 Revenue Outlook - Update
While reporting financial results for the second quarter on Wednesday, Griffon Corp. (GFF) raised its revenue expectation for the full-year 2024 to $2.65 billion from the prior guidance of $2.6 billion.
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U.S. New Home Sales Pull Back From Upwardly Revised Level In July
New home sales in the U.S. decreased from an upwardly revised level in the month of July, according to a report released by the Commerce Department on Monday. The Commerce Department said new home sales fell by 0.6 percent to an annual rate of 652,000 in July after surging by 4.1 percent to an upwardly revised rate of 656,000 in June.
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Bay Street May Open On Weak Note
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German Ifo Business Confidence Strongest Since 2024
German business sentiment hit the highest level in more than two years in August on expectations that the fiscal stimulus would help to kickstart the economic recovery. The business climate index rose to 89.0 in August from 88.6 in the previous month. This was the highest score since April 2024 and also came in above economists' forecast of 88.6. The German economy's recovery remains weak.
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CAC 40 Down Nearly 0.6% In Cautious Trade
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DAX Modestly Lower As Investors Wait For Directional Clues
The German market is languishing in negative territory after a weak start on Monday as investors remain a bit reluctant to pick up stocks, choosing to wait for crucial inflation data from several major countries in Europe.
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Sensex, Nifty End Higher As IT Stocks Surge On Dovish Fed Boost
Indian shares ended modestly higher on Monday, with IT stocks leading the surge following dovish remarks from U.S. Federal Reserve Chair Jerome Powell.
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