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Fluor Trims FY22 Adj. EPS Outlook - Update
(RTTNews) - While reporting financial results for the first quarter on Friday, engineering company Fluor Corp. (FLR) trimmed its adjusted earnings guidance for the full-year 2022.
For fiscal 2022, the company now projects adjusted earnings in the range of $1.15 to $1.35 per share, compared to the prior guidance range of $1.15 to $1.40 per share.
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Fluor Guides Q4 Adj. EPS Well Above Estimates - Update
While reporting financial results for the third quarter on Friday, engineering company Fluor Corp. (FLR) provided its adjusted earnings guidance for the fourth quarter in a range of $0.50 to $0.60 per share.
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U.S. Dollar Rises Amid Easing Trade Tensions, Trump's Stance On Powell
The U.S. dollar strengthened against its major counterparts in the New York session on Wednesday, amid optimism about easing trade tensions between the U.S. and China and President Donald Trump appeared to soften his stance on Federal Reserve Chair Jerome Powell.
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Swiss Market Closes On Upbeat Note
The Switzerland market closed on an upbeat note on Wednesday, in line with markets across Europe, as investors reacted positively to U.S. President Donald Trump softening his tone toward Fed Chair Jerome Powell, and tariffs against China.
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European Markets Close On Buoyant Note As Trade Tensions Ease
European stocks closed on a strong note on Wednesday as U.S. President Donald Trump toned down his rhetoric on Jerome Powell, and also admitted that the proposed tariffs on China are "very high."
Trump said he would like to see Powell to be a little more active in terms of his idea to lower interest rates, and that he has no intention to fire him.
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Canadian Market Notably Higher Despite Paring Some Early Gains
The Canadian market is up firmly in positive territory in early afternoon trades on Wednesday, holding on to a significant portion of its gains, amid easing concerns about tariffs and U.S. President Donald Trump softening his stance against Federal Reserve Chair Jerome Powell.
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U.S. New Home Sales Surge Much More Than Expected In March
New home sales in the U.S. surged by much more than expected in the month of March, according to a report released by the Commerce Department on Wednesday. The Commerce Department said new home sales spiked by 7.4 percent to an annual rate of 724,000 in March after jumping by 3.1 percent to a revised rate of 674,000 in February.
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Boeing Q1 Loss Narrows, Turns To Core Profit On Volume Growth; Stock Gains
Shares of Boeing Co. were gaining around 5 percent in the early morning trade on the NYSE after the aerospace major reported Wednesday narrower net loss in its first quarter, and a core operating profit compared to prior year's loss, with significantly higher revenues. The company attributed the results primarily to improved operational performance and commercial delivery volume.
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Eurozone Private Sector Activity Moves Closer To Stagnation
The euro area private sector moved closer to stagnation in April as activity was held back by faster reduction in orders amid the escalating trade tariff concerns, the results of the latest purchasing managers' survey by S&P Global showed on Wednesday. The HCOB flash composite output index eased to 50.1 in April, which was only slightly above the 50.0 no-change mark.
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