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SunPower Q1 Adj. Loss Misses Estimates

SunPower Corp. (SPWR) announced Tuesday that net loss attributable to stockholders for the first quarter was $50.68 million or $0.29 per share, wider than net loss of $27.87 million or $0.16 per share in the prior-year quarter.
RTTNews | 1233 days ago
Bay Street Likely To Open On Mixed Note; Fed Policy In Focus

Bay Street Likely To Open On Mixed Note; Fed Policy In Focus

Canadian shares are likely to open on a mixed note on Wednesday, with investors reacting to a slew of earnings updates from Canadian companies, and looking ahead to the Federal Reserve's rate decision later in the day.
RTTNews | 1233 days ago
FTSE 100 Lags Behind European Peers

FTSE 100 Lags Behind European Peers

FTSE 100 of the London Stock Exchange edged higher, trailing its European peers, as world markets eagerly wait for the outcome of the Federal Open Market Committee's two-day meeting.
RTTNews | 1233 days ago
Eurozone Unemployment Rate Hits Fresh Record Low

Eurozone Unemployment Rate Hits Fresh Record Low

Euro area unemployment rate dropped to a fresh record low in March despite the 20-nation currency bloc experiencing a modest economic growth. The jobless rate slid to 6.5 percent in March from 6.6 percent in February, data from Eurostat showed on Wednesday. In the same period last year, the unemployment rate was 6.8 percent.
RTTNews | 1233 days ago
CAC-40 Gains Amidst Rate Pause Optimism

CAC-40 Gains Amidst Rate Pause Optimism

The CAC-40 traded with gains on Wednesday amidst renewed hopes of the Fed pausing on rate hikes. Positive earnings updates also helped shore up sentiment.
RTTNews | 1233 days ago
Kraft Heinz Boosts FY23 Adj. EPS Outlook - Update

Kraft Heinz Boosts FY23 Adj. EPS Outlook - Update

While reporting financial results for the first quarter on Wednesday, Kraft Heinz Co. (KHC) raised its adjusted earnings guidance for the full-year 2023, while reaffirming annual organic net sales growth outlook.
RTTNews | 1233 days ago
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Brinker International Q3 Results Top Estimates

Brinker International Q3 Results Top Estimates

Casual dining restaurant owner Brinker International, Inc. (EAT) reported Wednesday that net income for the third quarter increased to $50.2 million or $1.12 per share from $36.6 million or $0.81 per share in the prior-year quarter.
RTTNews | 1233 days ago
DAX Rises On Bets Of A Pause Signal By The Fed

DAX Rises On Bets Of A Pause Signal By The Fed

The DAX benchmark of the Frankfurt bourse moved higher on Wednesday amidst renewed hopes of the Fed signaling a pause after the widely expected 25-basis point rate hike in the current session.
RTTNews | 1233 days ago
NiSource Reaffirms FY23 Adj. EPS Outlook - Update

NiSource Reaffirms FY23 Adj. EPS Outlook - Update

While reporting financial results for the first quarter on Wednesday, electric utility NiSource Inc. (NI) reaffirmed its adjusted net operating earnings guidance for the full-year 2023 in the range of $1.54 to $1.60 per share and growth of 6 to 8 percent through 2027.
RTTNews | 1233 days ago
India Services Growth Strongest In 13 Years

India Services Growth Strongest In 13 Years

India's service sector activity increased significantly in April to reach its highest level in over a decade, underpinned by strong demand conditions, results of the purchasing managers' survey by S&P Global showed on Wednesday. The services Purchasing Managers' Index, or PMI, climbed to 62.0 in April from 57.8 in March. A score above 50 indicates expansion in the sector.
RTTNews | 1233 days ago

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