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Johnson & Johnson Q4 Profit Down 26%, But Adj. EPS Tops Estimates
Healthcare company Johnson & Johnson on Tuesday reported that profit for fourth quarter declined 25.9 percent from last year, reflecting a sales decline and higher provisions for income taxes. Adjusted earnings per share topped analysts' expectations, while quarterly revenues missed it by a whisker. The company also initiated operational earnings forecast for the full-year 2023.
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828天前
UK Private Sector Shrinks Most In 2 Years
The UK private sector contracted at the fastest pace in two years in January with a marked loss of momentum in services activity, and reflected the squeeze on household incomes and risk aversion among corporate clients, results the closely watched S&P Global survey revealed Tuesday. The flash composite output index declined unexpectedly to 47.8 in January from 49.0 in December.
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828天前
Danaher Guides Q1, FY23 Revenue Growth Above Estimates - Update
While reporting financial results for the fourth quarter on Tuesday, science and technology company Danaher Corp. (DHR) provided revenue growth guidance for the first quarter and full-year 2023.
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828天前
France Business Confidence Improves On Hopes Of Brief Economic Slowdown
Confidence among French manufacturers improved further at the start of the year, underpinned by an improvement in the assessment of past production and foreign order books, amid expectations that the recent downturn in the economy would be short-lived, results of two separate surveys showed Tuesday.
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828天前
Sensex, Nifty End Little Changed Ahead Of F&O Expiry
Indian shares fluctuated before ending on a flat note Tuesday, as profit booking ahead of the derivative expiry and the Republic Day holiday on Thursday offset positive global cues. Investors also awaited cues from the Union Budget due to be unveiled next week.
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828天前
European Shares Little Changed After PMI Data
European stocks were little changed on Tuesday as investors assessed the outlook for economic and earnings growth.
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828天前
FTSE 100 Slips Into Red Ahead Of PMI Data
U.K. stocks declined on Tuesday as investors awaited the latest business activity data for directional cues.
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828天前
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UK Budget Deficit Widens On Energy Subsidies, Debt Servicing
UK budget deficit widened to the highest December level on record largely due to a sharp growth in spending on energy support schemes and huge interest payments driven by high inflation. Public sector borrowing increased by GBP 16.7 billion from the last year to GBP 27.4 billion in December, data published by the Office for National Statistics showed Tuesday.
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828天前
Swiss Trade Surplus Shrinks In 2022 As Export Growth Slows
Switzerland's foreign trade surplus decreased during the year 2022 compared to last year, as imports grew faster than exports, data from the Federal Customs Administration showed on Tuesday. Separate data showed that Swiss watch exports registered double-digit growth in 2022.
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828天前
CAC 40 Edges Higher As Manufacturing Activity Improves
French stocks were seeing modest gains on Tuesday after a survey showed manufacturing activity in the country improved for the first time since August.
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828天前
DAX Holds Steady Ahead Of PMI Data
German stocks were largely steady on Tuesday as investors assessed the outlook for economic and corporate earnings growth against the backdrop of slowing inflation.
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828天前
Ford To Reportedly Cut 3,200 Jobs In Europe
Ford Motor Co. seems to be the latest corporate major to join the ongoing layoffs with plans of cutting 3,200 jobs across Europe, mainly in Germany, reports said quoting Germany's IG Metall union. The U.S. auto major also plans to move some product development work to the United States. The planned workforce reduction is part of the company's efforts to cut costs to face ongoing macroeconomic...
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828天前
Asian Shares Edge Higher On Optimism About Slowing Inflation
Asian stocks rose broadly on Tuesday after Wall Street stocks ended higher overnight for a second straight session, fueled by a surge in technology stocks.
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828天前
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