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Albertsons Cos. Q3 Results Top Estimates
Food and drug retailer Albertsons Companies, Inc. (ACI), which has agreed to a merger with Kroger, reported Tuesday that profit for the third quarter plunged from last year, hurt by a special dividend payment related to the Kroger. However, both adjusted earnings per share and quarterly revenues topped analysts' estimates.
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940天前
Fewer German Companies Plan To Raise Prices: Ifo
Fewer German businesses have immediate plans to raise their prices in December than a month ago amid hopes of a slowdown in consumer and producer prices, the latest survey conducted by ifo Institute showed on Tuesday.
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940天前
TD SYNNEX Q4 Results Top Estimates; Guides Q1 In Line With Estimates; Boosts Dividend 17%
TD SYNNEX (SNX) reported Tuesday that net income for the fourth quarter surged to $221.1 million or $2.31 per share from $119.4 million or $1.24 per share in the prior-year quarter.
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940天前
Amazon Says 'Buy With Prime' Boosts Shopper Conversion By An Average Of 25%
Amazon.com, Inc. (AMZN) announced Tuesday that Buy with Prime, the company's direct-to-consumer offering for merchants' own online stores, has been shown to increase shopper conversion by an average of 25%.
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940天前
Bay Street Seen Opening On Weak Note
Lower Canadian and U.S. futures, and weak cues from Asian and European markets point to a negative start on Bay Street Tuesday morning.
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940天前
UK Retail Sales Log Faster Growth On Higher Prices: BRC
UK retail sales increased notably at the end of the year, reflecting higher prices and strong Christmas shopping, data released by the British Retail Consortium and accountancy firm KPMG revealed Tuesday. Like-for-like sales grew 6.9 percent on a yearly basis in December, faster than the 4.2 percent rise in November.
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940天前
Hydro One Promotes David Lebeter To President And CEO
Hydro One Ltd. (H.TO) said Tuesday its Board of Directors announced the appointment of David Lebeter as the company's new President and CEO. Lebeter's appointment is effective February 1 and his transition will be supported by Interim President and CEO William Sheffield.
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940天前
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GE HealthCare Q4 Preliminary Revenue Up About 7% To About $4.9 Bln
Providing preliminary unaudited revenue results for the fourth quarter and full year 2022 on Tuesday, GE HealthCare Technologies Inc. (GEHC), recently spun-off from General Electric Co. (GE), said revenue for the fourth quarter grew about 7 percent to about $4.9 billion from last year. Organic revenue growth was approximately 12 percent.
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940天前
French Industrial Production Rebounds In November
France's industrial production rebounded at a stronger-than-expected pace in November as operations returned to normal after the labor strike in refineries, official data revealed Tuesday. Industrial output climbed 2.0 percent from October, when it decreased by a revised 2.5 percent, the statistical office INSEE reported. Production was expected to grow by a modest 0.8 percent.
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940天前
CECO Environmental Expects Q4 Orders To Exceed $145 Mln
CECO Environmental Corp. (CECO) announced Tuesday it expects orders for the fourth quarter of 2022 to exceed $145 million, an increase of at least $55 million, or 60 percent, over the prior-year quarter and $43 million, or 42 percent, on a sequential basis, providing CECO with year-end backlog at or near record levels.
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940天前
ChipMOS Technologies Q4 Revenues Down 31.0% Year-over-year
Semiconductor company ChipMOS Technologies Inc. (IMOS) reported Tuesday that revenue for the fourth quarter declined 31.0 percent to NT$4.69 billion or $152.5 million from NT$6.79 billion or $221.0 million in the prior-year quarter. It also decreased 10.8 percent sequentially from the third quarter.
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941天前
Sensex, Nifty Tumble On US Rate Hike Woes
Indian shares fell sharply on Tuesday as U.S. rate hike worries returned to the fore and Tata Consultancy Services (TCS), the country's largest IT services company, posited a lower-than-expected Q3 profit.
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941天前
UK Job Placements Fall Further On Bleak Outlook, Labor Shortages
Permanent placements in the United Kingdom decreased further at the end of the year 2022, as hiring activity was dampened by the rising economic uncertainty, low candidate numbers along with the squeeze on clients budgets, results of the KPMG/REC Report on Jobs survey, compiled by S&P Global, showed Tuesday.
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941天前
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