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Dominion Energy Guides Q2 Operating EPS Below Estimates - Update
(RTTNews) - While reporting financial results for the first quarter on Friday, Dominion Energy, Inc. (D) provided operating earnings guidance for the second quarter in a range of $0.58 to $0.68 per share.
On average, nine analysts polled by Thomson Reuters expected the company to report earnings of $0.79 per share for the year. Analysts' estimates typically exclude special items.
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U.S. Industrial Production Unexpectedly Unchanged In April
With a rebound by utilities output offset by decreases by manufacturing and mining output, the Federal Reserve released a report on Thursday showing industrial production in the U.S. came in unchanged in the month of April.
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ThyssenKrupp Shares Hit On Weak Adj. Earnings, Orders In Q2; Backs Outlook
Shares of ThyssenKrupp AG were losing around 14 percent in German trading after the industrial conglomerate reported Thursday sharply lower adjusted operating profit in its second quarter amid weak revenues and orders due to market conditions, even as it truned around to a net profit. Further, the company maintained its fiscal 2025 forecast.
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New York Manufacturing Index Dips Further Into Negative Territory In May
A report released by the Federal Reserve Bank of New York said regional manufacturing activity continued to decline modestly in the month of May.
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Philly Fed Index Jumps More Than Expected In May
Philadelphia-area manufacturing activity remained weak in the month of May, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday.
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UK Economy Expands Most In A Year
The U.K. became the fastest growing economy in the G7 league as the country logged the biggest economic expansion in a year in the first quarter that exceeded expectations, thanks to a shift in trade activity ahead of the imposition of higher tariffs by the U.S. Gross domestic product expanded 0.7 percent sequentially, following a 0.1 percent growth in the previous quarter, the first estimate fr
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U.S. Retail Sales Inch Up 0.1% In April
A report released by the Commerce Department on Thursday showed a slight increase by U.S. retail sales in the month of April.
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U.S. Producer Prices Unexpectedly Fall 0.5% In April
Producer prices in the U.S. unexpectedly decreased in the month of April, according to a report released by the Labor Department on Thursday.
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Bay Street Likely To Open On Negative Note
Lower U.S. and Canadian futures, weak commodity prices and uncertainty about U.S. trade policies may weigh on Canadian market and set up a weak start on Thursday.
Also, some profit taking after seven successive days of increase could weaken several stocks.
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