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Barnes Group Slashes FY22 Outlook As Q2 Revenues Miss Estimates
While reporting financial for the second quarter on Friday, Barnes Group, Inc. (B), a provider of highly engineered products, slashed its adjusted earnings and organic sales growth guidance for the full-year 2022.
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892 일 전
CAC-40 Climbs On Growth And Earnings Boost
CAC-40 is trading more than a percent higher on Friday as upbeat earnings updates and a more than expected GDP growth helped reinforce market sentiment.
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892 일 전
DAX Firm Amidst Fresh Growth, Inflation Readings
The German stock market benchmark DAX remained firm amidst a slew of data releases that revealed the latest position in respect of GDP growth, inflation, unemployment etc. in the region as well as in the larger Eurozone.
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892 일 전
German Economy Stagnates In Q2
The German economy stagnated in the second quarter as growth in household and government spending was offset by the weaker foreign trade, official data showed on Friday. Gross domestic product remained flat in the second quarter, following a revised growth of 0.8 percent in the preceding quarter, Destatis reported.
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892 일 전
China Fears Drag Asian Stocks
Asian stocks finished mixed as fresh concerns over economic growth in China eclipsed positive sentiments triggered by the earnings season as well as potential pause or slowdown by the Fed. Hong Kong's Hang Seng declined more than 2 percent as tech stocks and real estate stocks were under pressure.
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892 일 전
Japanese Yen Advances On Recession Concerns
The Japanese yen was higher against its major counterparts in the Asian session on Friday, as recession fears intensified following a data showing a contraction in U.S. economic growth for a second straight quarter.
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892 일 전
France GDP Rebounds More Than Expected In Q2
The French economy rebounded more than expected in the second quarter driven by foreign demand and investment, the first estimate published by the statistical office Insee showed on Friday. Gross domestic product grew 0.5 percent in the second quarter from the preceding quarter, when the economy shrank 0.2 percent. GDP was forecast to grow 0.2 percent.
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892 일 전
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European Stocks Seen Opening Firm
European stock markets are expected to open on a positive note on Friday amidst data that showed the U.S. economy contracting by 0.90 percent in the second quarter, that triggered both fears of a recession as a well as hopes of a slowdown in the Fed's rate hiking spree. Sentiment would also be influenced by the earnings updates and economic data releases due later in the day.
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892 일 전
Sensex, Nifty Extending Gains On Positive Global Cues, Strong Earnings
The Indian market remains fairly well placed in positive territory Friday morning, led by strong gains in technology, automobile and metal stocks.
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892 일 전
European Economics Preview: Germany & France GDP Data Due
Quarterly national accounts from Germany, France and other major euro area economies are due on Friday, headlining a hectic day for the European economic news. At 1.30 am ET, France's Insee publishes preliminary GDP and household spending data. The economy is forecast to grow 0.2 percent in the second quarter, offsetting a 0.2 percent fall in the first quarter.
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892 일 전
Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from global markets overnight, as trader sentiment remains positive on hopes the U.S. Fed will slow down its pace of interest rate hikes at its upcoming meetings. However, the unexpected decline in US GDP for the second consecutive quarter signals the U.S. economy is in a technical recession.
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892 일 전
Indian Shares Look Headed For Positive Start
Sharply higher SGX Nifty points to a firm start for Indian shares on Friday. The overnight gains on Wall Street and easing concerns about aggressive rate hikes by the Federal Reserve might help keep investor sentiment positive.
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893 일 전
Japanese Market Modestly Higher
The Japanese stock market is modestly higher on Friday, extending the gains in the previous two sessions, with the benchmark Nikkei 225 moving above the 27,900 level, following the broadly positive cues from global markets overnight, as traders digest a slew of domestic economic data.
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893 일 전
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