Falling crude oil and metal prices, and weak European markets point to a negative start for Canadian shares on Thursday. Investors will also be reacting to key economic data from the U.S., and a slew of earnings updates from Canadian and U.S. companies. Loblaw Companies Ltd. (L.TO) reported adjusted net earnings of $664 million for...
While reporting financial results for the second quarter on Thursday, Federal Signal Corp. (FSS) raised its adjusted earnings guidance for the full year 2024, while reaffirming annual net sales outlook. For fiscal 2024, the company now projects adjusted earnings in a range of $3.20 to $3.35 per share, up from the prior forecast range of...
Health and well-being company Humana, Inc. (HUM) announced Thursday a new multi-year agreement with Google Cloud to further modernize Humana\'s cloud infrastructure and leverage cutting-edge AI capabilities to accelerate innovation in healthcare. This agreement builds on an ongoing collaboration between Google Health and Humana to co-develop solutions focused on population health and bringing the best...
Bank holding company Cullen/Frost Bankers, Inc. (CFR) on Thursday reported that second quarter net income available to common shareholders declined to $143.83 million or $2.21 per share from $160.45 million or $2.47 per share in the prior-year quarter. On average, 16 analysts polled by Thomson Reuters expected the company to report earnings of $2.07 per...
Materials science company Dow, Inc. (DOW) reported Thursday that net income for the second quarter declined from last year, hurt by lower integrated margins, higher planned maintenance activity and a 4 percent decline in net sales. Both Adjusted earnings per share and quarterly net sales missed analysts\' estimates. \"In the second quarter, Team Dow delivered...
Indian shares opened lower on Thursday, with weak global cues and renewed concerns over an unexpected increase in short and long-term capital gains taxes in the Budget weighing on sentiment. The benchmark S&P/BSE Sensex was down 400 points, or half a percent, at 79,747 in early trade while the broader NSE Nifty index slid 139...
European stocks are set to open lower on Thursday after U.S. stocks fell the most in more than 18 months overnight, led by steep declines for technology stocks. However, gains in U.S. equity futures may help limit losses after IBM\'s second-quarter results surpassed revenue and earnings expectations. On the contrary, Ford shares fell sharply in...
Business confidence from Germany and monetary aggregates from the euro area are due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Sweden publishes household lending and producer prices for June. At 2.45 am ET, France\'s statistical office ISTAT is scheduled to issue business confidence survey results. The...
Toy and game company Hasbro, Inc. (HAS) reported Thursday net earnings attributable to Hasbro for the second quarter of $138.5 million or $0.99 per share, compared to a net loss of $235.0 million or $1.69 per share in the year-ago quarter. Excluding items, adjusted earnings for the quarter were $1.22 per share, compared to $0.49...
RPM International, Inc. (RPM) reported Thursday that net income attributable to RPM for the fourth quarter grew to $180.61 million or $1.40 per share from $151.36 million or $1.18 per share in the prior-year quarter. Excluding special items, adjusted earnings for the quarter was $1.56 per share, compared to $1.36 per share in the year-ago...