Carpenter Technology Q1 Adj. EPS Tops Estimates, But Revenues Miss

Carpenter Technology Q2 Earnings Meets Estimates

Carpenter Technology Corp. (CRS) reported Thursday that net income for the second quarter soared to $42.7 million or $0.85 per share from $6.2 million or $0.13 per share in the prior-year quarter.

RTTNews | 582 dias atrás

Carpenter Technology Promotes Brian Malloy To COO

Carpenter Technology Corp. (CRS) announced Tuesday Brian Malloy has been named Senior Vice President and Chief Operating Officer, effective December 4, 2023. He will continue to report directly to Tony Thene, President and Chief Executive Officer.

RTTNews | 640 dias atrás

U.S. Consumer Sentiment Deteriorates Slightly More Than Initially Estimated In August

The University of Michigan released a report on Friday showing consumer sentiment in the U.S. deteriorated by slightly more than previously estimated in the month of August. The report said the consumer sentiment index for August was downwardly revised to 58.2 from the preliminary reading of 58.6.

RTTNews | 1 h 33 min atrás

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.

RTTNews | 1 h 52 min atrás

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.

RTTNews | 2 h 35 min atrás

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1

RTTNews | 3 h 5 min atrás

U.S. PCE Price Index Increased In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday.

RTTNews | 3 h 18 min atrás

Slightly Weak Start Seen For U.S. Stocks; PCE Data In Focus

Lower U.S. futures point to a slightly negative start on Wall Street Friday morning.

RTTNews | 3 h 34 min atrás

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