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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Jul 07, 2023
Page
8
Wall Street anticipates AZZ Inc to report mixed results as fiscal first quarter earnings likely decline from a year earlier while revenue grows. The metal coatings and specialty electrical equipment maker had solid profit and revenue growth over the prior 12 months through February, buoyed by demand from construction utility and other sectors.
It notes that a rival platform appears here to stay and could challenge Twitter amid its ongoing problems, signaling investor and user interest in a new social media dynamics and market competition.
The Dow and Nasdaq joined the S&P 500 in declines after reports showed the U.S. job market remained resilient. The S&P 500 dropped 0.8 percent on Thursday as investors reassessed growth and inflation risks amid ongoing earnings and interest-rate expectations.
State Sen Caryn Tyson notes the audit finds money and personnel impact. Larger counties show better adherence to federal best practices, while officials resist a single statewide standard. Elections director Caskey and Sec. Schwab defend multiple guidance sources and ongoing updates ahead of 2024. Lawmakers push for coordinated standards with funding considerations.
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