ITT Ink 10-Year Strategic Agreement With Continental To Supply Aftermarket Brake Pads

Continental Stock Up On Strong Q3 Profit; Cuts FY24 Sales View

Shares of Continental AG were gaining around 7 percent on the German trading after the automotive parts maker reported significantly higher profit in its third quarter, mainly as Automotive sector was benefited by the measures taken to improve earnings. Further, the company maintained fiscal 2024 adjusted margin outlook, but trimmed its sales forecast, after adjusting its outlook for ContiTech.

RTTNews | 94 일 전

Continental To Cut Thousands Of Jobs; Sees EUR 400 Mln Cost Savings

German autoparts maker Continental AG Monday announced its plans to cut thousands of jobs in its automotive unit as part of its efforts to strengthen the sector's competitiveness. Continental said its Automotive sector is simplifying and streamlining business and administrative structures.

RTTNews | 458 일 전

ITT Guides FY23 Adj. EPS Just Below Estimates; Hikes Dividend 10% - Update

While reporting financial results for the fourth quarter on Thursday, ITT Inc. (ITT) initiated its adjusted earnings and revenue growth guidance for the full-year 2023. It also increased quarterly dividend by 10 percent.

RTTNews | 735 일 전

ITT Provides Long-term Financial Targets

Ahead of its investor conference later on Thursday, ITT Inc. (ITT) announced long-term financial targets, which comprise 5 to 7 percent revenue growth, 20 percent adjusted segment operating margin, over 10 percent adjusted earnings per share growth, and a free cash flow margin range of 11 percent to 13 percent, all based on actual results for the year-ending December 31, 2021.

RTTNews | 973 일 전

U.S. Producer Prices Rise Slightly More Than Expected In January

Following yesterday's hotter than expected consumer price inflation data, the Labor Department released a report on Thursday showing U.S. producer prices also increased by slightly more than anticipated in the month of January.

RTTNews | 5 시간 29 분 전

U.S. Weekly Jobless Claims Dip Slightly More Than Expected

First-time claims for U.S. unemployment benefits fell by slightly more than expected in the week ended February 8th, according to a report released by the Labor Department on Thursday.

RTTNews | 5 시간 35 분 전

UK Economy Unexpectedly Returns To Growth

The U.K. economy logged a surprise expansion in the fourth quarter of 2024, but the mild growth is unlikely to ease the pressure on the Chancellor who aims to turbocharge growth. Gross domestic product grew 0.1 percent from the third quarter, when there was nil growth, the Office for National Statistics reported Thursday.

RTTNews | 5 시간 41 분 전

Bay Street Likely To Open With Positive Bias

Canadian shares may open with a positive bias Thursday morning, tracking higher metal prices. Weak crude oil prices could trigger some selling in the energy space and limit market's upside.

RTTNews | 5 시간 58 분 전

EURUSD	1.03898	GBPUSD	1.24723	AUDUSD	0.62615
USDJPY	153.427	USDCAD	1.42804	USDCHF	0.90775