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Lincoln Electric Q3 Results Top Estimates; Boosts Dividend 14.3%

Lincoln Electric Holdings, Inc. (LECO) reported Tuesday that net income for the third quarter soared to $109.23 million or $1.87 per share from $31.76 million or $0.53 per share in the prior-year quarter.

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Euro Drops After ECB Decision

As expected, the European Central Bank raised its main refinancing rate by 75 basis points to 2 percent. Following the announcement, the euro fell against its major opponents.

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Lennox Int'l Boosts FY22 Outlook; Q3 Adj. EPS Meets Estimates, Revenues Top

While reporting financial results for the third quarter on Thursday, Lennox International Inc. (LII) raised its earnings and revenue growth guidance for the full-year 2022.

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Euro Mixed Ahead Of ECB Decision

The European Central Bank will announce interest rate decision at 8:15 am ET Thursday. The ECB is expected to hike its main refinancing rate by 75 basis points to 2 percent.

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Merck Boosts Outlook As Q3 Results Top Estimates

Biopharmaceutical company Merck & Co., Inc. reported Thursday profit for the third quarter that declined 29 percent from last year, hurt by hefty increase in R&D expenses, despite 14 percent sales growth. However, both adjusted earnings per share and quarterly sales topped analysts' estimates.

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German Consumer Confidence To Improve In November: GfK

Germany's consumer confidence is set to improve in November from a record low even in the midst of recession fears, survey results from the market research group GfK showed on Thursday. The forward-looking consumer sentiment index rose to -41.9 in November, in line with expectations, from revised -42.8 in October.

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Brunswick Now Sees FY22 Adj. EPS, Nets Sales At Low End Of Prior Forecast Range - Update

While reporting financial results for the third quarter on Thursday, recreation products maker Brunswick Corp. (BC) now expects its adjusted earnings and net sales for the full-year 2022 at the low end of its prior forecast. It also provided outlook for the fourth quarter.

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Sensex, Nifty End Choppy Session Higher As Metals Shine

Indian shares ended a volatile session modestly higher on Thursday, with metal stocks leading the surge, tracking weakness in the dollar index in international markets.

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Credit Suisse Stock Dips On Q3 Loss, Q4 Loss Warning; To Raise CHF 4 Bln

Shares of Credit Suisse Group AG were losing around 14 percent in the morning trading in Switzerland as well as 11 percent in pre-market activity on the NYSE, after the Swiss banking major reported Thursday a hefty loss in its third quarter, compared to prior year's profit, mainly hurt by weaker performance for Investment Bank. The company also projects a net loss for the Group in the fourth quart

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