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Fox Q3 Results Top Estimates

Fox Corp. on Tuesday reported a net loss for the third quarter compared to a profit last year, primarily reflecting charges associated with legal settlement costs at FOX News Media. Both adjusted earnings per share and quarterly revenues topped analysts' expectations. The company also authorized a $7 billion stock repurchase program.

RTTNews | 842 gün önce

Australia To Log First Budget Surplus In 15 Years

Australia's budget is projected to return to surplus in 2022-23 for the first time in 15 years amid high commodity prices and a record low unemployment, and then to post smaller deficits and lower debt across the forward years, Treasurer Jim Chalmers said in his budget statement on Tuesday. The surplus for the fiscal year ending June 2023 is projected at A$4.2 billion.

RTTNews | 842 gün önce

AbbVie Says Health Canada Approves RINVOQ To Treat Adults With Active Nr-axSpA

AbbVie (ABBV) announced Tuesday that Health Canada has approved RINVOQ (upadacitinib, 15 mg), the first oral, once-daily selective and reversible JAK inhibitor for the treatment of adults with active non-radiographic axial spondyloarthritis (nr-axSpA) with objective signs of inflammation who have had an inadequate response to a biologic disease modifying anti-rheumatic drug (DMARD) or when use of those therapies is inadvisable.

RTTNews | 842 gün önce

Bay Street Seen Opening On Cautious Note

The Canadian market is likely to open on a cautious note on Tuesday, tracking weak European stocks and lower crude oil prices.

RTTNews | 842 gün önce

UK Halifax House Prices Log Unexpected Fall In April

UK house prices unexpectedly declined in April as higher interest rates to tame stubbornly high inflation weighed on affordability and demand, results of a survey by the Lloyds Bank subsidiary Halifax showed Tuesday. House prices decreased 0.3 percent on a monthly basis in April, in contrast to the 0.8 percent increase in March, the survey revealed.

RTTNews | 842 gün önce

Hain Celestial Trims FY23 Sales Outlook As Q2 Results Miss Estimates: Stock Down 14%

While reporting financial results for the third quarter on Tuesday, organic and natural products company Hain Celestial Group, Inc. (HAIN) trims its adjusted net sales growth guidance for the full year 2023.

RTTNews | 842 gün önce

Wall Street Likely To Open Lower

Lower index futures point to a negative start for U.S. stocks Tuesday morning. The mood is likely to remain cautious once again as investors await key inflation data, due this week.

RTTNews | 842 gün önce

more news

U.S. Dollar Notably Higher Against Majors

The U.S. dollar was higher against its most major counterparts in the European session on Tuesday, as the Federal Reserve's senior loan officer opinion survey came in worse than expected in the first quarter.

RTTNews | 842 gün önce

Waters Boosts FY23 Outlook - Update

While reporting financial results for the first quarter on Tuesday, specialty measurement company Waters Corp. (WAT) raised its adjusted earnings and sales growth outlook for the full-year 2023 and provided guidance for the second quarter.

RTTNews | 842 gün önce

Henry Schein Trims FY23 Adj. EPS Outlook As Q1 Results Miss Estimates

While reporting financial results for the first quarter on Tuesday, health care company Henry Schein, Inc. (HSIC) trimmed its adjusted earnings guidance for the full year 2023, reflecting an estimated $0.05 to $0.10 first year dilution from the Biotech Dental acquisition.

RTTNews | 842 gün önce