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Sensient Technologies Q4 Results Miss Estimates; Provides FY23 Outlook

Sensient Technologies Corp. (SXT) reported Friday that net income for the fourth quarter increased to $29.12 million or $0.69 per share from $27.23 million or $0.65 per share in the prior-year quarter.

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Yen Climbs On Report Of Kazuo Ueda To Be Next BOJ Governor

A media report that the Japanese government is preparing to nominate Kazuo Ueda as the next governor of the Bank of Japan has strengthened the yen in the European session on Friday.

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Russia Central Bank Hints At Rate Hike Ahead

The Bank of Russia decided to keep its key interest rate unchanged for the third straight policy session, but suggested that the policy would be tightened in case of further budget deficit expansion, a fall in the currency exchange rate and the persistent labor shortage that trigger pro-inflation risks. The Board of Directors of the Bank of Russia decided to retain the key rate at 7.50 percent.

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Fortis Q4 Profit Rises, Tops Estimates

Electric and gas utility Fortis Inc. (FTS, FTS.TO) reported fourth quarter net earnings attributable to common equity shareholders of C$370 million or C$0.77 per share, up from C$328 million or C$0.63 per share in the prior-year quarter.

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Magna Q4 Profit Misses Estimates; Sees Growth In FY23, FY25

Canadian auto parts maker Magna International Inc. reported Friday a sharp drop in fourth-quarter profit, below market estimates, while top line increased and beat the Wall Street view. Looking ahead, the company projects higher profit and sales for fiscal 2023, and higher sales for fiscal 2025.

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Sensex, Nifty End Modestly Lower On Fed Worries

Indian shares ended Friday's session lower after two days of gains. Weak global cues weighed on sentiment as yields climbed across the cure amid lingering uncertainties around inflation and further interest-rate hikes by the U.S. Federal Reserve.

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Textron, BRP Recall Thousands Of Vehicles For Fire Risk

Georgia-based Textron Specialized Vehicles and Wisconsin -based BRP U.S. Inc. have recalled thousands of their personal transportation and side-by-side vehicles citing fire risk, the U.S. Consumer Product Safety Commission said. Textron's recall includes E-Z-GO Personal Transportation Vehicles or PTVs, commonly referred to as golf carts or golf cars and are used primarily to transport people.

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