Euro area consumer confidence strengthened for a sixth month in a row in July as households look forward to, yet another interest rate cut from the European Central Bank in September. The flash consumer confidence index rose to -13.0 from -14.0 in June, survey data from the European Commission showed Tuesday. Economists had expected a...
The Hong Kong stock market rebounded on Monday, one session after snapping the two-day winning streak in which it had picked up more than 50 points or 0.3 percent. The Hang Seng Index now rests just above the 17,635-point plateau and it\'s expected to see additional support on Tuesday. The global forecast for the Asian...
The Indonesia stock market has moved higher in two of three trading days since the end of the three-day losing streak in which it had stumbled more than 100 points or 1.4 percent. The Jakarta Composite Index now sits just above the 7,320-point plateau and it may add to its winnings on Tuesday. The global...
Ahead of Monday\'s holiday for Asarnha Bucha Day, the Thai stock market had turned lower again - one session after ending the three-day slide in which it had given up more than a dozen points or 0.8 percent. The Stock Exchange of Thailand now rests just beneath the 1,320-point plateau although it\'s expected to open...
Indian shares may open flat to slightly higher on Tuesday as investors react to firm global cues and await the presentation of the Union Budget 2024 for impetus. Finance Minister Nirmala Sitharaman will be presenting her seventh consecutive Union Budget in a row at 11 am today, with big-ticket announcements in key sectors such as...
GE Aerospace (GE), previously General Electric Co., reported Tuesday net income attributable to common shareowners for the second quarter of $1.27 billion or $1.15 per share, compared to a net loss of $25 million or $0.02 per share in the prior-year quarter. Earnings from continuing operations attributable to common shareowners were $1.32 billion or $1.20...
First BanCorp (FBP), the bank holding company for FirstBank Puerto Rico, on Tuesday reported that its second-quarter net income attributable to common shareholders increased to $75.84 million or $0.46 per share from $70.66 million or $0.39 per share in the year-ago period. On average, five analysts polled by Thomson Reuters expected the company to report...
While reporting financial results for the second quarter on Tuesday, security and aerospace company Lockheed Martin Corp. (LMT) raised its earnings and net sales guidance for the full-year 2024. For fiscal 2024, the company now projects earnings of in a range of about $26.10 to $26.60 per share on net sales between about $70.50 billion...
Bank holding company Webster Financial Corp. (WBS) on Tuesday reported that second-quarter net income available to common shareholders declined to $177.47 million or $1.03 per share from $230.81 million or $1.32 per share in the prior-year quarter. Excluding charges, adjusted earnings would have been $1.26 per share for the quarter. On average, 16 analysts polled...
Franklin Electric Co., Inc. (FELE) reported Tuesday that net income attributable to the company for the second quarter edged down to $59.10 million or $1.26 per share from $59.60 million or $1.27 per share in the prior-year quarter. On average, five analysts polled by Thomson Reuters expected the company to report earnings of $1.32 per...