CECO Environmental Expects Q4 Orders To Exceed $145 Mln
(RTTNews) - CECO Environmental Corp. (CECO) announced Tuesday it expects orders for the fourth quarter of 2022 to exceed $145 million, an increase of at least $55 million, or 60 percent, over the prior-year quarter and $43 million, or 42 percent, on a sequential basis, providing CECO with year-end backlog at or near record levels.
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CECO Environmental Boosts FY23 Revenue Outlook As Q2 Revenue Tops Estimates
CECO Environmental Corp. (CECO) reported Tuesday the net income attributable to CECO for the second quarter declined to $3.72 million or $0.11 per share from $4.39 million or $0.13 per share in the prior-year quarter.
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1141 days ago
Indonesia Rate Decision On Tap For Wednesday
The central bank in Indonesia will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The benchmark lending rate (5.75 percent), deposit facility rate (4.75 percent) and the lending facility rate (6.50 percent) are all expected to be unchanged.
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50 minutes ago
Swiss Market Ends Flat After Choppy Session
The Switzerland stock market ended flat on Tuesday after a choppy ride, as the mood remained cautious with investors closely following geopolitical developments.
Weak oil prices aided sentiment.
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4h 38min ago
Major European Markets Close Mixed As Investors Track Geopolitical News
European stocks turned in a mixed performance on Tuesday as investors largely made cautious moves, tracking geopolitical news, and continuing to weigh recent policy moves of major central banks.
Weak oil prices aided sentiment.
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5h 7min ago
Canadian Stocks Rise Again; TSX Hits Two-week High
The Canadian market is up firmly in positive territory on Tuesday, with the benchmark S&P/TSX Composite Index hitting a two-week high. Shopify surged 8.5% after saying that it was "partnering deeply" with Meta Platforms' Muse artificial intelligence agent.
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6h 26min ago
TSX Eyes Mixed Session On Geopolitical Uncertainty, Commodity Moves
Falling oil and precious metals prices threaten energy and materials stocks ahead of Tuesday's open. The S&P/TSX Composite Index closed Monday at 36,009.40, up 0.57%, supported by financials and tech.
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9h 53min ago
U.S. Stocks Likely To Open On Cautious Note
U.S. stocks look headed for a cautious start on Tuesday, as investors await some crucial geopolitical news for directional clues. Easing concerns about inflation following another sharp drop in oil prices could aid sentiment.
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10h 19min ago
UK Borrowing Overshoots Estimate
The UK government borrowing exceeded the government estimate in August as spending rose more than income, partly due to the impacts of inflation, data from the Office for National Statistics said Tuesday. Public sector net borrowing increased GBP 2.9 billion from the previous year to GBP 18.3 billion in August.
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10h 43min ago
