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Share Market Highlights 06 May 2024: Sensex, Nifty close flat amidst volatility, IT stocks rise

Advanced Manufacturing and Factory Automation Company Trimble Stock Slides After Q1 Print, What's Going On?

Trimble Inc (NASDAQ:TRMB) reported a fiscal first-quarter 2024 revenue growth of 4% to $953.30 million, beating the consensus of $912.53 million. Revenue growth was flat Y/Y on an organic basis. The adjusted EPS of $0.64 beat the consensus of $0.62. The stock price gained after the results in the premarket session, only to fall after the market opened. Annualized recurring revenue was $2.03 billion, up 23% Y/Y on an organic basis. Product revenue declined 15.5% Y/Y to $367.1 million. Subscriptio

Dior Owner Climbs on Resilience to Broader Luxury Slowdown

(Bloomberg) LVMH sales rose at the end of last year as wealthy shoppers treated themselves to the group’s pricey handbags and Champagne, a sign of resilience at the world’s largest luxury conglomerate.Most Read from BloombergPutin Sends US Signal on Ukraine Talks, Seeing War AdvantageUS Extends Lead Over China in Race for World’s Biggest EconomyTesla Sinks After Warning About ‘Notably Lower’ Growth RateJPMorgan Shuffles Top Managers as Jamie Dimon Prepares SuccessorsRevenue grew 10% on an org

Allegion PLC (ALLE) Reports Q3-2023 Earnings: EPS Up 36.2%, Raises Full-Year Outlook

Allegion PLC (ALLE) reports a 36.2% increase in EPS and a slight increase in revenues for Q3-2023

Firmenich Reports Solid Full Year Results With Accelerating Momentum in the Second Half