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.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
read more
U.S. Dollar Lower Against Euro, Pound
The U.S. dollar dropped against the euro and the pound in the New York session on Tuesday, as investors assessed the potential impact of new tariffs imposed by the Trump administration on steel and aluminum imports.
RTTNews
|
il y a 5h 32min
Powell Reiterates Fed Doesn't 'Need To Be In A Hurry' To Lower Interest Rates
Federal Reserve Chair Jerome Powell delivered his semiannual monetary policy testimony before the Senate Banking Committee on Tuesday, reiterating his belief that the central bank does "not need to be in a hurry" to adjust its policy stance.
RTTNews
|
il y a 7h 58min
BP Slips To RC Loss In Q4, Warns On Weak Production; Plans To Reset Strategy
British energy major BP Plc. reported Tuesday a replacement cost or RC loss in its fourth quarter, compared to prior year's profit, amid weak revenues. The company also warned on sequentially lower upstream production in its first quarter, and weak production in fiscal 2025.
RTTNews
|
il y a 9h 25min
BoE's Mann Says Loosening Labor Market Will Restrain Price & Wage Growth
A further loosening of the UK labor market will restrain the growth in wages and prevent second-round effects from setting in, even if the near-term inflation expectations increase, Bank of England policymaker Catherine Mann said Tuesday. In a speech, Mann said the current and likely continued weak demand conditions will lead to a further loosening of the labor market.
RTTNews
|
il y a 10h 25min
Bay Street Likely To Open On Flat To Negative Note
Canadian shares are likely to open on a flat to negative note Tuesday morning with investors assessing the potential impact of new tariffs imposed by the Trump administration on steel and aluminum imports.
RTTNews
|
il y a 10h 34min
FTSE Up Slightly In Cautious Trade; Entain Tanks 10%
After opening higher, U.K. stocks have turned a bit subdued in late morning trades on Monday as investors continue to asses Trump administration's tariff moves and how they could reshape international trade dynamics.
RTTNews
|
il y a 11h 18min
CAC 40 Up Marginally In Cautious Trade
After opening slightly higher and holding in positive territory for more than an hour Tuesday morning, French stocks pared gains and are mostly subdued now as investors make cautious moves, assessing the likely impact of the Trump administration's new tariff moves.
RTTNews
|
il y a 12h 54min
Sensex, Nifty Extend Losses For Fifth Day On Trade War Fears
Indian shares tumbled on Tuesday after U.S. President Donald Trump imposed 25 percent tariffs on all U.S. imports of steel and aluminum, stoking fears of a trade war and potential inflation.
RTTNews
|
il y a 13h 3min
