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Fluor Trims FY22 Adj. EPS Outlook - Update
(RTTNews) - While reporting financial results for the first quarter on Friday, engineering company Fluor Corp. (FLR) trimmed its adjusted earnings guidance for the full-year 2022.
For fiscal 2022, the company now projects adjusted earnings in the range of $1.15 to $1.35 per share, compared to the prior guidance range of $1.15 to $1.40 per share.
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Fluor Guides Q4 Adj. EPS Well Above Estimates - Update
While reporting financial results for the third quarter on Friday, engineering company Fluor Corp. (FLR) provided its adjusted earnings guidance for the fourth quarter in a range of $0.50 to $0.60 per share.
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Japan GDP Data Due On Friday
Japan will on Friday release preliminary Q1 numbers for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. GDP is expected to slip 0.1 percent on quarter and 0.2 percent on year after adding 0.6 percent on quarter and 2.2 percent on year in the three month prior.
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South Korea Export Prices Rise 0.7% On Year In April
Export prices in South Korea were up 0.7 percent on year in April, the Bank of Korea said on Friday, easing from 6.3 percent in March.
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Euro Drops Against Majors
The euro weakened against its major counterparts in the New York session on Thursday.
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Swiss Market Shrugs Off Weak Start, Ends On Firm Note
After opening weak and remaining subdued till noon, Swiss stocks found some support and kept edging higher on Thursday, and finally ended the day's session on a firm note.
Data showing a strong pace of expansion of the Swiss economy in the first quarter of this year aided sentiment.
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Major European Markets Recover After Early Setback, Close On Firm Note
Despite an early struggle, the major European markets turned in fairly steady performance as the session progressed on Thursday to eventually close on a firm note. Easing concerns about tariffs and U.S. inflation, and some encouraging regional economic data helped underpin sentiment.
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U.S. Business Inventories Inch Up Slightly Less Than Expected In March
The Commerce Department released a report on Thursday showing a slight increase by U.S. business inventories in the month of March. The report said business inventories crept up by 0.1 percent in March after rising by 0.2 percent in February. Economists had expected business inventories to rise by another 0.2 percent.
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TSX Rises For 8th Straight Session, Looks Set To Scale New Peak
The Canadian market is up in positive territory, extending gains to an eighth straight session, as the undertone continues to remain firm amid easing concerns about tariffs, and the recent data showing a smaller than expected increase in U.S. consumer price inflation in the month of April.
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