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Thermo Fisher Scientific Guides FY23 Above Estimates - Update
(RTTNews) - While reporting financial results for the fourth quarter on Wednesday, Thermo Fisher Scientific Inc. (TMO) initiated adjusted earnings and revenue guidance for the full-year 2023.
Looking ahead to fiscal 2023, the company now projects adjusted earnings of $23.70 per share on revenues of $45.3 billion, with core organic revenue growth of 7 percent.
On average, analysts polled by Thomson Reuters are expecting the company to report earnings of $23.21 per share in revenues of $43.96 billion for the year. Analysts typically exclude one-time items.
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Mild Upside Seen For Japan Stock Market
The Japan stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had plunged nearly 2,200 points or 4.2 percent. The Nikkei 225 now rests just above the 50,840-point plateau and it may tick higher again on Wednesday.
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1s 10 dakika önce
South Korea May Extend Winning Streak
The South Korea stock market has tracked higher in two straight sessions, advancing more than 150 points or 4 percent in that span. The KOSPI sits just above the 4,100-point plateau and it's tipped to open in the green again on Wednesday.
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1s 23 dakika önce
China Loan Data On Tap For Wednesday
China will on Wednesday release October figures for new loans and money stock, highlighting a light day for Asia-Pacific economic activity.
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1s 55 dakika önce
Swiss Market Ends On Buoyant Note Amid Hopes Of Striking Deal For Lower Tariffs
The Switzerland market closed on a strong note on Tuesday, gaining in strength consistently after opening modestly higher. Investors picked up stocks amid hopes Switzerland will strike a deal with the U.S. to lower tariffs.
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6s 6 dakika önce
European Markets Close On Firm Note
European stocks closed on a positive note on Tuesday as the passage of a short-term funding bill late Monday raised the possibility of the longest government shutdown in U.S. history coming to an end soon.
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6s 29 dakika önce
Bay Street May Open Higher Again
Canadian stocks may open higher on Tuesday, riding on firm commodity prices. The passage of a short-term funding bill late Monday to end the longest government shutdown in U.S. history, is likely to aid sentiment.
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10s 36 dakika önce
UK Unemployment Rate Highest Since 2021
The UK unemployment rate increased to the highest since early 2021 in the third quarter, raising chances of an interest rate cut, official data revealed on Tuesday. The ILO jobless rate rose to 5.0 percent in the third quarter from 4.8 percent in the three months to August, the Office for National Statistics said. The rate was above economists' forecast of 4.9 percent.
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11s 31 dakika önce
FTSE 100 Rises On Rate Cut Hopes; Vodafone Group Moves Up Sharply
U.K.'s FTSE 100 index has moved up sharply on Tuesday, amid hopes of a rate cut by the Bank of England next month after data showed an increase in the nation's unemployment rate in the third quarter. The passage of a short-term funding bill late Monday to end the longest government shutdown in U.S. history is also aiding sentiment.
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11s 48 dakika önce
