Core & Main Q4 Results Miss Estimates; Guides FY22 Revenues Above View

Core & Main Boosts FY22 Outlook As Q2 Results Top Estimates

Core & Main, Inc. (CNM), a distributor of water, wastewater, storm drainage and fire protection products, reported on Tuesday that net income attributable to the company for the second quarter soared to $115 million from $27 million last year. The company also reported earnings per share of $0.67 per share, compared to loss per share of $0.14 per share a year ago.

RTTNews | 983 dias atrás

Germany Logs Stronger Growth On Tariff Threats

The German economy grew at a stronger-than-estimated pace in the first quarter as higher tariff threats by the U.S. administration led to the frontloading of orders for the country's goods, lifting exports and industrial production. Gross domestic product grew 0.4 percent, which was double the initial estimate of 0.2 percent, a detailed report from Destatis revealed on Friday.

RTTNews | 34 minutos atrás

Bay Street Likely To Open On Negative Note On Tariff Concerns

Canadian shares look headed for a weak start Friday morning as tariff concerns resurfaced after U.S. President Donald Trump threatened 50% tariffs on EU goods from June 1. Weak oil prices could hurt energy stocks and add to market's downside.

RTTNews | 1 h 40 min atrás

FTSE Pares Early Gains, Up Marginally In Cautious Trade

U.K. stocks moved higher Friday morning, reacting to data showing a notable rise in retail sales, and survey showing strong consumer confidence. However, stocks pared gains subsequently in cautious trade and the market was up just marginally a little past noon.

RTTNews | 2 h 43 min atrás

Pound Rises On Robust U.K. Retail Sales Data

The British pound strengthened against other major currencies in the European session on Friday, after U.K. retail sales rebounded more than expected in April as good weather boosted food store sales.

RTTNews | 2 h 57 min atrás

CAC 40 Slips On Weak Consumer Confidence Data

French stocks are drifting lower on Friday, giving up early gains amid cautious moves by investors due to persisting concerns about U.S. fiscal outlook, and continued uncertainty surrounding Trump administration's tariff moves. Data showing a drop in French consumer confidence also weigh on sentiment.

RTTNews | 3 h 14 min atrás

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Friday.

RTTNews | 3 h 23 min atrás

DAX Up Marginally After Paring Early Gains

After moving notably higher in early trades on Friday, German stocks have pared some gains, unable to sustain at higher levels. The upmove came after data showed stronger than expected growth in the nation's gross domestic product in the first quarter.

RTTNews | 3 h 33 min atrás

EURUSD	1.13322	GBPUSD	1.34918	AUDUSD	0.6459
USDJPY	142.723	USDCAD	1.37716	USDCHF	0.82295

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Core & Main Q4 Results Miss Estimates; Guides FY22 Revenues Above View