Capri Holdings Guides FY24 EPS Above Estimates - Update

Capri Holdings Backs FY22 EPS Outlook, But Trimmed Revenue Forecast

While reporting financial results for the second quarter on Wednesday, fashion luxury group Capri Holdings Ltd. (CPRI) maintains its earnings guidance for the full-year 2023, while trimming annual revenue outlook. The company also provided forecast for the third quarter.

RTTNews | 807 dias atrás

Bay Street Likely To Open On Mixed Note

Canadian shares are likely to open on a mixed note on Friday, tracking fairly steady commodity prices, and reacting to U.S. President Donald Trump's threat that his administration will impose new tariffs on Canada and the European Union.

RTTNews | 5 h 24 min atrás

Ericsson Q4 Results Rise, Hikes Dividend; But Stock Down

Swedish telecom major LM Ericsson reported Friday higher fourth- quarter earnings and sales, with significant growth in North America, despite weak results in Asia, particularly India. Further, the company lifted quarterly dividend. Meanwhile, the shares were losing around 9 percent in Sweden as well as in pre-market activity on the Nasdaq.

RTTNews | 5 h 26 min atrás

FTSE 100 Retreats After Slightly Positive Start; Miners Move Higher

Despite data showing improvements in British manufacturing and services sector activity in January, U.K. stocks are drifting lower after a positive start Friday morning, weighed down by losses in banking and energy sectors.

RTTNews | 7 h 10 min atrás

Sensex, Nifty End Lower Amid Volatility

Indian shares closed lower on Friday after a choppy session.

RTTNews | 7 h 37 min atrás

CAC 40 Rises To Over 7-month High

French stocks are notably higher Friday morning with investors digesting French and Eurozone PMI data, and reacting positively to U.S. President Donald Trump's comments calling for lower lower interest rates. Slightly easing worries about tariff threats contribute as well to the positive sentiment in the market.

RTTNews | 7 h 52 min atrás

DAX Modestly Higher After Encouraging PMI Data

German stocks are modestly higher Friday morning, extending recent gains. Data showing unexpected jump in German manufacturing and services sector activity in the month of January, and encouraging euro area manufacturing activity report are aiding sentiment.

RTTNews | 8 h 30 min atrás

Boeing Sees Wider Loss, Weak Revenues In Q4; Shares Hit

Aerospace and defense major Boeing Co. said it projects a sharply wider loss and weak revenues in its fourth quarter, mainly impacted by the work stoppage and agreement by the International Association of Machinists and Aerospace Workers or IAM, as well as charges for certain Defense, Space & Security programs. Following the preliminary fourth-quarter results, the stock was down 1.8 percent.

RTTNews | 8 h 54 min atrás

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