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Teva Pharma Guides FY24 Revenue Above Estimates; Intends To Divest API Business - Update
While reporting financial results for the fourth quarter on Wednesday, Teva Pharmaceutical Industries Ltd (TEVA) initiated its adjusted earnings and revenue guidance for the full-year 2024.
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Lennox Int'l Guides FY24 Adj. EPS In Line With Estimates; Q4 Results Top Estimates
While reporting financial results for the fourth quarter on Wednesday, Lennox International Inc. (LII) initiated its earnings and revenue growth guidance for the full-year 2024.
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Otis Worldwide Q4 Results Top Estimates; Guides FY24 In Line With View
Otis Worldwide Corp. (OTIS) reported Wednesday that net income for the fourth quarter grew to $323 million or $0.79 per share from $297 million or $0.71 per share in the prior-year quarter.
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Sensex, Nifty Rally Led By Pharma Stocks
Indian shares rose notably on Wednesday as investors looked ahead to the Federal Reserve's rate decision later in the day and the interim budget tomorrow.
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Novartis Stock Down As Q4 Core EPS Miss Estimates; Sees Growth In FY24
Shares of Novartis AG were losing more than 4 percent in the morning trading on the Switzerland exchange as well as in pre-market activity on the NYSE after the Swiss drug major's core earnings in the fourth quarter missed market estimates. On a reported basis, net profit surged on hefty income from discontinued operations related to Sandoz Group AG spin-off, as well as higher sales.
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France Inflation At 2-Year Low
France's consumer price inflation hit a two-year low in January on marked fall in inflationary pressures for food, energy and manufactured products. Consumer price inflation slowed to 3.1 percent from 3.7 percent in December, provisional data from the statistical office INSEE showed on Wednesday. This was the lowest inflation since January 2022.
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European Shares Hold Steady Ahead Of Key Central Bank Decisions
European stocks traded higher for the sixth straight session on Wednesday as investors digested a slew of regional data and looked ahead to interest rate decisions from the U.S. Federal Reserve and the Bank of England.
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more news
FTSE 100 Dips Ahead Of Fed, BOE Decisions
U.K. stocks traded slightly lower on Wednesday as investors looked ahead to interest rate decisions from the U.S. Federal Reserve and the Bank of England.
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UK House Price Growth Exceeds Expectations
UK house prices increased more than expected at the start of the year amid signs of mortgage rates trending down, the Nationwide Building Society reported Wednesday.
House prices posted a monthly growth of 0.7 percent in January after staying flat in December. This was also faster than economists' forecast of 0.1 percent increase.
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CAC 40 Gains As Inflation Cools To Two-year Low
French stocks eked out modest gains on Wednesday as data showed French inflation eased more than expected in January to reach its lowest level since before Russia invaded Ukraine.
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DAX Little Changed As Retail Sales Disappoint
German stocks were little changed on Wednesday after data showed retail sales in the country unexpectedly fell by 1.6 percent in December, supporting expectations of a recession in Q1 and fueling bets on an ECB rate cut in April.
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Pred 568 dňami
Asian Shares Decline On Weak China Data
Asian stocks declined on Wednesday as Chinese manufacturing data disappointed and caution prevailed ahead of the Federal Reserve's interest-rate decision later in the day.
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Australian Dollar Falls As Weak Economic Data Spur Rate Cut Speculation
The Australian dollar weakened against other major currencies in the Asian session on Wednesday, as the weaker inflation data from Australian economy fueled bets on rate cuts from the Reserve Bank of Australia in 2024.
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Pred 568 dňami
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