Adient Q3 Results Miss Estimates; Guides FY24 Below View

Adient Q1 Results Miss Estimates; Reaffirms FY24 Net Sales Outlook

Automotive seating firm Adient plc (ADNT) reported Wednesday that net income attributable to Adient for the first quarter nearly doubled to $20 million or $0.21 per share from $12 million or $0.13 per share in the prior-year quarter.

RTTNews | 573 dagar sedan

Adient Promotes Jerome Dorlack To Succeed Jeff Stafeil As EVP And CFO

Automotive seating firm Adient (ADNT) announced Monday that Jerome Dorlack, Adient's current executive vice president, Americas, and an automotive industry veteran, will be appointed executive vice president and chief financial officer (CFO), effective Dec. 1, 2022.

RTTNews | 1037 dagar sedan

Swiss Shares Extend Losing Streak

The Swiss stock market closed under pressure again on Tuesday, stretching its losing streak to three sessions while giving up more than 130 points or 1.1 percent in that span.

RTTNews | 13 minuter sedan

Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further

Euro area inflation modestly accelerated to a four-month high, and the core figure was steady around the 2 percent target in August as a slight slowing in both food price growth and services inflation was offset by a smaller decline in energy prices, which suggests that the European Central Bank is set to hold interest rates steady in future policy sessions.

RTTNews | 18 minuter sedan

European Markets Finish In The Red On Tuesday

The major European markets finished firmly under water on Tuesday after Eurostat data showed Eurozone inflation rose to 2.1 percent last month, climbing above the European Central Bank's 2 percent target for the first time since April driven by higher prices for food, alcohol and tobacco.

RTTNews | 25 minuter sedan

U.S. Construction Spending Unexpectedly Edges Lower In July

A report released by the Commerce Department on Tuesday showed construction spending in the U.S. unexpectedly edged slightly lower in the month of July. The Commerce Department said construction spending slipped by 0.1 percent to an annual rate of $2.139 trillion in July after falling by 0.4 to a revised rate of $2.141 trillion in June.

RTTNews | 2h 26minuter sedan

Domino's Launches Two New Delectable Bread Bites Flavors

Domino's Pizza, the largest pizza company in the world, announced the launch of two new Bread Bite flavors: Cinnamon and Garlic, to join Domino's Parmesan Bread Bites, adding to its line of oven-baked mouthwatering options for customers to enjoy.

RTTNews | 2h 38minuter sedan

U.S. Manufacturing Index Inches Up In Line With Estimates In August

The Institute for Supply Management released a report on Tuesday showing a slight increase by its reading on U.S. manufacturing activity in the month of August, although the index still indicated the sixth consecutive month of contraction.

RTTNews | 2h 40minuter sedan

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