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Chart Industries Q3 Results Miss Estimates; Cuts FY23 Revenue Outlook
Chart Industries, Inc. (GTLS) reported Friday a net loss attributable to the company for the third quarter of $3.4 million or $0.07 per share, compared to net income of $41.2 million or $0.98 per share in the prior-year quarter. Income from continuing operations were $0.05 per share, compared to $0.98 per share last year.
Excluding items, adjusted earnings for the quarter was $1.28 per share, compared to $1.19 per share a year ago.
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Russian Ruble Advances Against U.S. Dollar After Russia Rate Hike
The Russian Ruble appreciated against the U.S. dollar in the European session on Friday, as Russia's central bank raised the key rate by 200 basis points amid stubborn inflation pressures.
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Newell Brands Slashes FY23 Outlook - Update
While reporting financial results for the third quarter on Friday, consumer goods company Newell Brands, Inc. (NWL) slashed its normalized earnings and sales growth guidance for the full-year 2023.
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Colgate-Palmolive Boosts FY23 Adj. EPS, Sales Growth Outlook - Update
While reporting financial results for the third quarter on Friday, Colgate-Palmolive Co. (CL) raised its adjusted earnings, net sales and organic sales growth guidance for the full-year 2023.
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Sanofi Q3 Profit Rises, Backs FY23 View, To Split Consumer Healthcare Unit; Stock Dips
French drug major Sanofi reported Friday higher profit in its third quarter, while sales declined. Further, the company reiterated fiscal 2023 business earnings view.
Separately, Sanofi said it plans to separate the Consumer Healthcare Business with a view to focus on Biopharma business. Sanofi shares were losing more than 15 percent in the morning trading in Paris.
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Sensex Jumps 635 Points On Global Cues; Nifty Tops 19,000
Indian shares ended sharply higher on Friday, reflecting some improvement in global risk appetite after data showed the U.S. economy grew at the fastest pace in nearly two years in the July to September quarter on the back of increased consumer spending.
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Swiss Franc Falls Against Majors
The Swiss franc weakened against other major currencies in the European session on Friday.
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European Shares Mixed As Earnings Pour In
European stocks were mixed on Friday as weak earnings from the likes of Sanofi, Remy Cointreau and NatWest offset robust U.S. economic data released overnight.
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FTSE 100 Gains As Oil Prices Climb
U.K. stocks rose slightly on Friday, with energy stocks leading the surge on concerns over a widening of the Israel-Hamas conflict.
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CAC 40 Slips Into Red On Weak Earnings
French stocks declined on Friday after the U.S. military attacked facilities in Syria linked to Iran, raising concerns that the Israel-Hamas war may spread.
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DAX Modestly Higher In Cautious Trade
German stocks were seeing modest gains on Friday as investors assessed the outlook for growth and earnings amid escalating tensions in the Middle East.
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Asian Shares Rebound As Middle East Concerns Ease
Asian stocks rebounded on Friday following recent string of losses on Middle East worries and uncertainty over the Federal Reserve's rate hike path.
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Australian Dollar Rises Amid Risk Appetite
The Australian dollar strengthened against other major currencies in the Asian session on Friday, as traders reacted positively to easing geopolitical tensions in the Middle East after Israel heeded to US' request to delay its Gaza invasion.
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