CECO Environmental Expects Q4 Orders To Exceed $145 Mln

RTTNews | 758 days ago
CECO Environmental Expects Q4 Orders To Exceed $145 Mln

(RTTNews) - CECO Environmental Corp. (CECO) announced Tuesday it expects orders for the fourth quarter of 2022 to exceed $145 million, an increase of at least $55 million, or 60 percent, over the prior-year quarter and $43 million, or 42 percent, on a sequential basis, providing CECO with year-end backlog at or near record levels.

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US Employers Cut 28% More Jobs In January: Challenger Report

US Employers Cut 28% More Jobs In January: Challenger Report

Employers in the U.S. slashed more jobs in January compared to December, but the figure was the lowest recorded for the month in three years, the latest monthly report from the global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc showed on Thursday.
RTTNews | 5h 26min ago
Bank Of England Cuts Rate By 25 Bps, Sees Modest Growth In Q1

Bank Of England Cuts Rate By 25 Bps, Sees Modest Growth In Q1

The Bank of England lowered its key interest rate by a quarter-point as widely expected on Thursday but two policymakers sought a bigger reduction citing the sluggish U.K. economy and the heightening uncertainty over trade tariffs. The Monetary Policy Committee, led by Governor Andrew Bailey, voted 7-2 to reduce the benchmark bank rate to 4.50 percent from 4.75 percent.
RTTNews | 5h 30min ago
Societe Generale Q4 Profit Surges, Sees Growth In FY25; Plans Dividend, Buyback; Stock Up

Societe Generale Q4 Profit Surges, Sees Growth In FY25; Plans Dividend, Buyback; Stock Up

Shares of Societe Generale were gaining around 12 percent in the mid-day trading on the Paris Stock Exchange after the French banking major reported Thursday significantly higher profit in its fourth quarter, driven by increased banking income. The company also announced dividend and share buyback. For fiscal 2025, the company projects revenue growth of more than 3 percent from last year...
RTTNews | 6h 0min ago
Bay Street Likely To Open On Firm Note

Bay Street Likely To Open On Firm Note

Canadian stocks look headed for a positive start Thursday morning, tracking firm European markets and higher crude oil prices amid slightly easing concerns about trade war and tariffs. Investors are likely to focus on corporate earnings for direction.
RTTNews | 6h 29min ago
U.S. Weekly Jobless Claims Rise To 219,000

U.S. Weekly Jobless Claims Rise To 219,000

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended February 1st.
RTTNews | 6h 32min ago