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IPG Photonics Guides Q2 In Line With View; Q1 Results Top Estimates
While reporting financial results for the first quarter on Tuesday, IPG Photonics Corp. (IPGP) provided earnings and revenue guidance for the second quarter, in line with estimates.
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827天前
Pfizer Q1 Results Top Estimates; Reaffirms FY23 Outlook
Drug major Pfizer Inc. reported a profit for the first quarter that decreased 30 percent from last year, hurt by a 29 percent revenue drop amid a decline for COVID-19 products and an unfavorable impact of foreign exchange. Both adjusted earnings and quarterly revenues topped analysts' expectations. The company also reaffirmed its adjusted earnings and revenue guidance for the full-year 2023.
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827天前
Eurozone Inflation Rises As Expected In April
Eurozone inflation rose slightly in April on food and non-energy industrial goods prices, while core inflation slowed marginally, flash data from Eurostat showed on Tuesday. The harmonized inflation of consumer prices posted an annual growth of 7.0 percent in April, following a 6.9 percent rise in March. The rate came in line with economists' expectations.
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827天前
Zimmer Biomet Boosts FY23 Outlook - Update
While reporting financial results for the first quarter on Tuesday, musculoskeletal healthcare firm Zimmer Biomet Holdings Inc. (ZBH) raised its adjusted earnings and revenue growth outlook for the full-year 2023.
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827天前
Sensex, Nifty Extend Winning Streak Despite Mixed Global Cues
Indian shares eked out modest gains on Tuesday despite mixed cues from global markets amid caution ahead of key central bank meetings this week in the U.S. and Europe.
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827天前
BP Posts RC Profit In Q1, Underlying RC Profit Down; Stock Dips
British energy major BP Plc reported Tuesday a replacement cost profit in its first quarter, compared to last year's hefty loss, while underlying replacement cost profit was lower as last year was benefited by surge in fuel prices following Russia's invasion of Ukraine. The company also announced a further $17.5 billion share buyback. BP shares were losing around 5 percent in the morning trading
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827天前
European Shares Decline As Inflation Edges Up In April
European stocks were moving lower on Tuesday as trading resumed after a three-day holiday break.
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827天前
more news
Australia Central Bank Hikes Rate Unexpectedly Despite Slowing Inflation
Despite an easing in inflation, the Reserve Bank of Australia unexpectedly raised its benchmark interest rate by a quarter-point and signaled more hikes to bring inflation back to the target in a reasonable timeframe. The RBA Board decided to hike the cash rate target by 25 basis points to 3.85 percent. This was the highest rate since early 2012.
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827天前
FTSE 100 Little Changed Ahead Of Central Bank Meetings
U.K. stocks were little changed on Tuesday as investors reacted to mixed earnings updates and looked ahead to key central bank meetings this week for directional cues.
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827天前
CAC 40 Slips Into Red On Growth Worries
French stocks were subdued on Tuesday as traders returned to their desks after a long holiday weekend.
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827天前
DAX Slides In Cautious Trade Ahead Of Inflation Data
German stocks traded lower on Tuesday, with the benchmark DAX slipping 0.4 percent to 15,866 ahead of key central bank meetings this week.
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827天前
Asian Shares Mixed As Investors Look To Key Central Bank Meetings
Asian stocks ended Tuesday's session on a mixed note, with weak manufacturing data from China and uncertainty over the U.S. debt ceiling limit keeping investors nervous.
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827天前
FDA Approves First Drug For Anemia In Cats With CKD
The U.S. Food and Drug Administration conditionally approved Elanco US Inc.'s Varenzin-CA1 (molidustat oral suspension) for treating anemia in cats with chronic kidney disease or CKD. It is the first drug for the control of nonregenerative anemia associated with CKD in cats. Varenzin-CA1 works by helping to increase production of erythropoietin in the kidney, which in turn stimulates the bone mar
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827天前
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