Advertisement
TE Connectivity Guides Q2 Below Estimates - Quick Facts
(RTTNews) - While reporting financial results for the first quarter on Wednesday, industrial technology firm TE Connectivity Ltd. (TEL) provided earnings, adjusted earnings and sales outlook for the second quarter, below analysts' expectations.
For the second quarter, the company projects earnings from continuing operations of about $1.44 per share and adjusted earnings of about $1.57 per share on net sales of about $3.9 billion, reflecting a decrease of 3% on a reported basis and an increase of 2% on an organic basis year over year.
On average, analysts polled by Thomson Reuters expect earnings of $1.64 per share on revenues of $3.94 billion for the year. Analysts' estimates typically exclude special items.
read more
TE Connectivity Approves Addl. $1.5 Bln Share Repurchase Program
Industrial technology firm TE Connectivity Ltd. (TEL) announced Friday that its board of directors has authorized an increase in its share repurchase program by an additional $1.5 billion.
RTTNews
|
1048 วันที่ผ่านมา
Canadian Dollar Climbs Against Most Majors
The Canadian dollar strengthened against most major currencies in the Asian session on Wednesday.
RTTNews
|
48 นาทีที่ผ่านมา
UK House Prices Fall More Than Expected
UK house price declined more than expected in April following the end of stamp duty holidays, data from the Nationwide Building Society showed Wednesday. House prices logged a monthly drop of 0.6 percent after remaining flat in March. The decline was worse than economists' forecast of 0.1 percent. On a yearly basis, house price growth eased to 3.4 percent from 3.9 percent in the previous month.
RTTNews
|
51 นาทีที่ผ่านมา
NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Wednesday.
RTTNews
|
56 นาทีที่ผ่านมา
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday.
RTTNews
|
1 ชม. 9 นาทีที่ผ่านมา
China Manufacturing Activity Shrinks On Weak Exports
China's manufacturing activity contracted in April as tariff threats damped export orders, official purchasing managers' survey data from the National Bureau of Statistics revealed Wednesday. The official manufacturing PMI slid to 49.0 in April from 50.5 in March. This was the lowest score in 16 months and also remained below forecast of 49.7.
RTTNews
|
1 ชม. 15 นาทีที่ผ่านมา
French Economy Recovers In Q1
The French economy avoided a technical recession in the first quarter with a marginal expansion, official data revealed on Wednesday. Gross domestic product grew 0.1 percent from the fourth quarter, when the economy shrank 0.1 percent, flash data from the statistical office INSEE revealed. The rate came in line with expectations.
RTTNews
|
2 ชม. 34 นาทีที่ผ่านมา
European Shares May Struggle For Direction At Open
European stocks are seen opening mixed on Wednesday as investors await key tech earnings and economic readings for direction.
RTTNews
|
2 ชม. 51 นาทีที่ผ่านมา
