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OXFORD, Conn.--(BUSINESS WIRE)--RBC Bearings Incorporated (NYSE: RBC), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today announced that it will release its second quarter fiscal 2025 financial results before the market opens on Friday, November 1st. RBC Bearings will host a conference call to discuss the results on Friday, November 1st at 11:00 a.m. ET. Dr. Michael J. Hartnet.
RBC Bearings (RBC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
A survey conducted by RBC Capital Markets analysts indicates that a sweeping victory by the Republican Party, led by Donald Trump, in the upcoming election is perceived to be the most advantageous outcome for the U.S. stock market. The energy and financial sectors are expected to benefit the most from such a result.
OXFORD, Conn.--(BUSINESS WIRE)--RBC Bearings Incorporated (NYSE: RBC, RBCP), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today announced that its Board of Directors has elected Frederick J. Elmy as a director of the Company. Mr. Elmy is a Class III director and will serve until the Company's annual meeting of stockholders in 2025. Additionally, the Board of Directors has dete.
RBC benefits from strength across its Aerospace/Defense segment and accretive acquisitions. The company's measures to reward its shareholders are noteworthy.
RBC Bearings (RBC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Inditex's impressive results yesterday have prompted Canadian bank RBC to up its forecasts but it still prefers JD Sports Fashion PLC (LSE:JD.) and Zalando.
Retailers with good momentum still look capable of surprising on the earnings front says RBC, with JD Sports Fashion PLC (LSE:JD.) and Marks and Spencer Group PLC (LSE:MKS) two of the Canadian bank's favourites.
Helima Croft, RBC Capital Markets global head of commodity strategy, joins 'Squawk on the Street' to discuss the oil market's response to weaker economic data in China and the U.S., what oil price level OPEC wants, and much more.
Canadian broker RBC has given its assessment of the three listed UK water companies and tweaked its targets lower, though it concedes there are lot of moving parts at present that could change. All of the trio offer something a little different, it says, with Severn Trent (SVT) cleanest, United Utilities (UU) the sturdiest and Pennon (PNN) most discounted.