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A.O. Smith Slashes FY22 Outlook As Q3 Prelim. Results Miss Estimates, But Boosts Dividend 7%
While providing preliminary third-quarter results on Thursday, A.O. Smith Corp. (AOS) said its earnings for the quarter declined 13% to $0.71 per share from last year's $0.82 per share. Adjusted earnings were $0.69 per share, compared to $0.81 per share for the year-ago quarter.
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929天前
Commercial Metals Q4 Results Top Estimates; Boosts Dividend 14%
Commercial Metals Co. (CMC) on Thursday reported that net earnings for the fourth quarter soared to $288.63 million or $2.40 per share from $152.31 million or $1.24 per share in the prior-year quarter.
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929天前
Sensex, Nifty End Notably Lower Ahead Of US Inflation Report
Indian shares ended Thursday's session notably lower as investors awaited U.S. consumer price inflation data later in the day that could influence the Fed's path forward on rates.
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929天前
European Shares Mixed Ahead Of US Inflation Report
European stocks traded mixed on Thursday amid concerns over a turbulent U.K. bond market and news of more Russian missile strikes on Ukrainian towns.
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929天前
FTSE 100 Little Changed Amid Gilt Market Chaos
U.K. stocks were little changed on Thursday, with concerns over a turbulent bond market and news of more Russian missile strikes on Ukrainian towns keeping investors nervous.
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929天前
CAC Struggles To Find Footing
French stocks struggled for direction on Thursday as investors awaited U.S. consumer inflation data later in the day for additional clues on the U.S. rate outlook. Despite risks of a recession, the U.S. central bank is likely to raise policy rates by 75 bps in November.
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929天前
Canadian Dollar Lower Before U.S. Inflation Data
The Canadian dollar declined against its major counterparts on Thursday, as oil prices fell ahead of U.S. inflation data that is expected to support the likelihood of a 75-basis point rate hike from the Federal Reserve next month.
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929天前
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DAX Struggles For Direction After Inflation Data
German stocks were little changed in lackluster trade on Thursday after data showed German consumer price inflation hit a new record in September, as initially estimated, on rising energy and food prices.
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929天前
Asian Shares Decline Ahead Of US Inflation Report
Asian shares retreated on Thursday as investors awaited U.S. consumer price inflation data later in the day that could offer more clarity on whether the Federal Reserve needs restrictive monetary policy to lower inflation that is at multi-decade highs.
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929天前
European Shares Seen Tad Lower Ahead Of US Inflation Data, Bank Earnings
European stocks are likely to open on a cautious note Thursday as investors await the all-important U.S. consumer inflation report and earnings from the biggest U.S. banks for directional cues.
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929天前
European Economics Preview: Germany Final Inflation Data Due
Final consumer prices from Germany and credit conditions survey from the Bank of England are the only major reports due on Thursday. At 2.00 am ET, Destatis is scheduled to issue Germany's final consumer and harmonized prices for September. Consumer price inflation hit a new record 10.0 percent in September versus 7.9 percent in August. The statistical office is set to confirm the estimates.
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929天前
Sensex, Nifty Slip Into Red Ahead Of US Inflation Data; Wipro Worst Hit
Indian shares opened a tad lower on Thursday as investors await U.S. inflation data later in the day for additional clues on the rate outlook.
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930天前
Asian Markets Track Global Markets Lower
Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from global markets overnight, as traders are cautious as they reacted to the US Fed's minutes from its latest monetary policy meeting and await the data on U.S. consumer price inflation later in the day. Asian Markets closed mixed on Wednesday.
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930天前
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