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Pound Slides On Weak UK PMI Data

India, April 23 -- The British pound weakened against other major currencies in the European session on Wednesday, after the U.K. private sector activity deteriorated for the first time in one-and-a-h... Read More


Otis Worldwide Q1 Adj. Profit Beats Estimates, Sales Miss View; Revises FY25 Sales Outlook

India, April 23 -- Elevator and escalator manufacturing, installation and service company Otis Worldwide Corp. (OTIS) Wednesday announced a fall in first quarter earnings, while net sales were down by... Read More


Alaska Air Group Inc. Q1 Loss Increases, Inline With Estimates

India, April 23 -- Alaska Air Group Inc. (ALK) announced Loss for its first quarter in line with the Street estimates. The company's earnings came in at -$166 million, or -$1.35 per share. This compa... Read More


UK Private Sector Activity Contracts In April

India, April 23 -- The UK private sector activity deteriorated for the first time in one-and-a-haf years in April amid weaker foreign demand linked to tariff uncertainty, flash survey data from S&P Gl... Read More


Helix Energy Solutions Q1 Earnings Summary

India, April 23 -- Below are the earnings highlights for Helix Energy Solutions (HLX): Earnings: $3.07 million in Q1 vs. -$26.29 million in the same period last year. EPS: $0.02 in Q1 vs. -$0.17 in t... Read More


French Private Sector Downturn Worsens

India, April 23 -- France's private sector activity came under renewed pressure in April due to pronounced demand weakness in the domestic market and deteriorating confidence among service providers, ... Read More


Vertiv Holdings Co Q1 Earnings Summary

India, April 23 -- Below are the earnings highlights for Vertiv Holdings Co (VRT): Earnings: $164.5 million in Q1 vs. -$5.9 million in the same period last year. EPS: $0.42 in Q1 vs. -$0.02 in the sa... Read More


Sensex, Nifty Follow Global Peers Higher; IT Stocks Take Lead As Tariff Worries Ease

India, April 23 -- Indian shares rose notably on Wednesday due to easing trade tensions and U.S. President Donald Trump's softer stance towards the Fed chairman. Auto, pharma and IT stocks were at th... Read More


Gold Extends Losses Amid Relief Over Fed And Tariffs

India, April 23 -- Gold extended losses for a second day running on Wednesday after hitting a new record high above $3,500 an ounce. Spot gold fell 1.3 percent to $3,338.93 per ounce in early Europea... Read More


Meritage Homes Q1 Profit Down

India, April 23 -- Meritage Homes Corporation (MTH) reported first-quarter net income of $122.81 million or $1.69 per share, compared to $186.02 million or $2.53 per share last year. Total closing re... Read More