Constellation Energy Reaffirms FY24 Operating Earnings Outlook - Update
(RTTNews) - While reporting financial results for the first quarter on Thursday, Constellation Energy Corp. (CEG) said it continues to expect operating earnings for the full-year 2024 in a range of $7.23 to $8.03 per share.
On average, ten analysts polled by Thomson Reuters expected the company to report earnings of $7.41 per share for the quarter. Analysts' estimates typically exclude special items.
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Dollar Slips Against Major Counterparts
The U.S. dollar drifted lower on Monday as bond yields fell, and the Euro gained in strength after European Central Bank Governing Council member Nagel said central banks may have to raise rates in the event of inflationary pressures rise.
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5h 7min ago
Canadian Market Modestly Higher, Looks Headed For Positive Close
The Canadian market is up in positive territory Monday afternoon with energy and materials shares recording strong gains thanks to higher commodity prices. The mood remains a bit cautious amid concerns about geopolitical tensions, and uncertainty about the Federal Reserve's monetary policy moves.
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7h 22min ago
Swiss Market Ends Marginally Up
The Switzerland market closed marginally up on Monday after spending much of the day's session in negative territory. It was a lackluster session with investors looking for directional cues and refraining from making significant moves.
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8h 17min ago
European Stocks Close On Mixed Note
European stocks turned in a mixed performance on Monday as the mood remained cautious right through the day's session amid concerns over potential impacts of U.S. President-elect Donald Trump's global economic policies, and persisting worries about the tensions in the Middle East, and the Russia - Ukraine war.
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9h 1min ago
U.S. Homebuilder Confidence Improves Much More Than Expected In November
Homebuilder confidence in the U.S. has improved by much more than anticipated in the month of November, according to a report released by the National Association of Home Builders on Monday. The report said the NAHB/Wells Fargo Housing Market Index climbed to 46 in November after rising to 43 in October. Economists had expected the index to inch up to 44.
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12h 0min ago
Spirit Airlines Files For Chapter 11 Bankruptcy Protection; Stock Drops
Spirit Airlines, Inc., amid struggles with mounting losses and debt, has filed for chapter 11 bankruptcy protection in the United States Bankruptcy Court for the Southern District of New York. The restructuring is expected to reduce Spirit's debt and provide increased financial flexibility. In an open letter to all Spirit Guests, the company called the process a proactive step to position it...
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12h 58min ago
Bay Street Likely To Open On Positive Note
Canadian shares may open higher on Monday as energy and materials sectors are likely to attract buyers thanks to firm crude oil and metal prices. With Canadian inflation data due this week, and the Federal Reserve's upcoming policy moves remaining a bit uncertain, the mood is likely to remain somewhat cautious.
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14h 4min ago
CPI Uptick, Fed Hints Boost Dollar Again
The U.S. dollar rallied against major currencies during the week ended November 15 amidst an expected uptick in consumer price inflation in the U.S. as well as hints from Jerome Powell that the Fed was in no hurry to cut rates.
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14h 6min ago
