Forex News
R1 RCM To Be Taken Private By TowerBrook And CD&R For $8.9 Bln Cash
R1 RCM, Inc. (RCM) announced Thursday that it has entered into a definitive agreement to be acquired by investment funds affiliated with TowerBrook Capital Partners and Clayton, Dubilier & Rice or CD&R, in an all-cash transaction with an enterprise value of approximately $8.9 billion.
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145 days ago
BMW Backs FY24 Profit View After Q2 Results Drop; Stock Down
Shares of BMW Group were losing around 2 percent in the German trading after the automajor reported Thursday weak profit, revenues and deliveries in its second quarter. Looking ahead for fiscal 2024, the company continues to expect Group profit before tax to decrease slightly due to higher manufacturing and fixed costs.
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145 days ago
Itron Q2 Results Top Estimates; Boosts FY24 Outlook; Stock Up 7%
Itron, Inc. (ITRI) reported Thursday that net income attributable to the company for the second quarter of $51.32 million or $1.10 per share, sharply higher than $24.20 million or $0.53 per share in the prior-year quarter. Excluding items, adjusted earnings for the quarter were $1.21 per share, compared to $0.65 per share last year.
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145 days ago
U.S. Labor Productivity Surges More Than Expected In Q2
Labor productivity in the U.S. shot up by more than expected in the second quarter, according to a report released by the Labor Department on Thursday.
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145 days ago
U.S. Initial Jobless Claims Increase Much More Than Expected
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 much more than expected in the week ended July 27th.
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145 days ago
Bay Street Likely To Open With Slightly Positive Bias
Canadian shares are likely to open with a positive bias Thursday morning, tracking higher crude oil and bullion prices. Activity for most part of the session is likely to be stock specific with investors reacting to a slew of quarterly earnings announcements.
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145 days ago
Insight Enterprises Reaffirms FY24 Adj. EPS Outlook; Q2 Results Miss Estimates
While reporting financial results for the second quarter on Thursday, technology company Insight Enterprises, Inc. (NSIT) reaffirmed its adjusted earnings guidance for the full year 2024.
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145 days ago
more news
Bank Of England Cuts Rate For First Time Since 2020
The Bank of England lowered its benchmark rate for the first time since the onset of the coronavirus pandemic as inflation receded and the underlying growth momentum remained weaker. In a very close call, the Monetary Policy Committee, led by Governor Andrew Bailey, decided to cut the bank rate by a quarter-point to 5.00 percent from 5.25 percent, which was the highest since early 2008.
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145 days ago
Kimco Realty Q2 Results Top Estimates; Boosts FY24 Outlook
REIT Kimco Realty Corp. (KIM) reported Thursday that net income available to the company's common shareholders for the second quarter grew to $111.86 million or $0.17 per share from $100.4 million or $0.16 per share in the year-ago quarter.
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145 days ago
Belden Guides Q3 Revenues Above View As Q2 Results Top Estimates
While reporting financial results for the second quarter on Thursday, Belden Inc. (BDC) provided its earnings, adjusted earnings and revenue guidance for the third quarter.
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145 days ago
IDACORP Boosts FY24 EPS Outlook As Q2 Earnings Top Estimates
While reporting financial results for the second quarter on Thursday, electric utility IDACORP, Inc. (IDA) raised its earnings guidance for the full year 2024.
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145 days ago
Biogen Q2 Results Top Estimates; Boosts FY24 Outlook
Biotechnology company Biogen Inc. (BIIB) reported Thursday net income attributable to the company for the second quarter of $583.6 million or $4.00 per share, higher than $591.6 million or $4.07 per share in the prior-year quarter.
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145 days ago
Allete Q2 Net Profit, Revenues Decline
Energy utility Allete, Inc. (ALE) reported Thursday that net income attributable to ALLETE for the second quarter declined to $33.0 million or $0.57 per share from $51.5 million or $0.90 per share in the prior-year quarter.
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145 days ago
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