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Ford July Total U.S. Sales Up 36.6%
Ford Motor Co. (F) said Wednesday that total U.S. sales for the month of July 2022 increased 36.6 percent to 163,942 vehicles from 120,053 vehicles in the same month last year. Ford's July retail sales were also up 52.3 percent.
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1498 days ago
UK Service Sector Growth Weakest Since Early 2021
The UK service sector expanded at the slowest pace since the national lockdown in February 2021 in the face of heightened economic uncertainty, final data from S&P Global showed on Wednesday. The final services Purchasing Managers' Index fell to 52.6 in July from 54.3 in the previous month. The flash score was 53.3.
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1499 days ago
Xerox Holdings Confirms Steven Bandrowczak As CEO
Xerox Holdings Corp. (XRX) announced Wednesday that its Board of Directors has appointed Steven Bandrowczak as Chief Executive Officer.
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1499 days ago
Standard Motor Products Q2 EPS Misses Estimates, But Net Sales Top
Standard Motor Products, Inc. (SMP), an automotive replacement parts manufacturer and distributor, reported Wednesday that net income from continuing operations for the second quarter declined to $20.79 million or $0.93 per share from $28.0 million or $1.23 per share in the prior-year quarter.
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1499 days ago
Medical Properties Trust Q2 Results Top Estimates; Maintains FY22 Outlook
Medical Properties Trust, Inc. (MPW) reported Wednesday that second-quarter net income attributable to stockholders increased to $189.60 million or $0.22 per share from $114.57 million or $0.19 per share in the prior-year quarter.
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1499 days ago
Exelon Reaffirms FY22 Outlook; Q2 Results Top Estimates
While reporting financial results for the second quarter on Wednesday, electric utility Exelon Corp. (EXC) reaffirmed its operating earnings guidance for full-year 2022 in the range of $2.18 to $2.32 per share.
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1499 days ago
Bay Street Likely To Open Higher
Higher index futures and firm crude oil prices indicate a positive start for Canadian shares on Wednesday. Investors will be reacting to a slew of quarterly earnings announcements.
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1499 days ago
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Charles River Labs Slashes FY22 Outlook; Q2 Adj. EPS Tops Estimates, Revenues Miss
While reporting financial results for the second quarter on Wednesday, Charles River Laboratories International, Inc. (CRL) slashed its earnings, adjusted earnings, revenue growth and organic revenue growth guidance for the full-year 2022, due primarily to headwinds associated with the CDMO business, foreign exchange, and interest expense due to the rising interest rate environment.
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1499 days ago
Moderna Q2 Results Top Estimates
Biotechnology company Moderna reported a profit for the second quarter that increased from last year, reflecting improved revenues on commercial sales of the company's COVID-19 vaccine in the U.S. Both earnings per share and revenues for the quarter topped analysts' expectations. The company also sees product sales for the fourth quarter to be higher than the third quarter.
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1499 days ago
Eurozone Private Sector Slips Into Contraction
The euro area private sector contracted in July as a deepening downturn in manufacturing was accompanied by another slowdown in the service sector, final survey results from S&P Global showed on Wednesday. In June, retail sales declined unexpectedly as high inflation weighed on spending, figures from Eurostat revealed today.
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1499 days ago
Dynatrace Trims FY23 Outlook; Q1 Results Top Estimates
While reporting financial results for the first quarter on Wednesday, software intelligence provider Dynatrace, Inc. (DT) trimmed its adjusted earnings and revenue guidance for the full-year 2023. It also provided outlook for the second quarter.
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1499 days ago
AmerisourceBergen Boosts FY22 Outlook; Declares Dividend - Update
While reporting financial results for the third quarter on Wednesday, AmerisourceBergen Corp. (ABC) raised its adjusted earnings guidance for the full-year 2022, driven by stronger than expected performance of several of its businesses and a lower average diluted share count.
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1499 days ago
Sensex, Nifty Extend Gains For Sixth Day
Indian shares reversed early losses to end modestly higher on Wednesday, extending gains for the sixth day running.
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1499 days ago
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