Stock Market News
Are you interested in biotechnology news ?
Mon, 18 Mar 2019 23:15:07 GMT
Read the latest on pharma/biotech news, Clinical Trial Results, FDA Calendar, Top Gainers, Recalls, Food Alert and more on RTTNews Biotechnology.
Curious to know if Bitcoin is here to stay ?
Mon, 18 Mar 2019 23:15:04 GMT
Read the latest developments from the cryptocurrency space, breaking news and analysis on Bitcoin and blockchain on RTTNews. Know more about altcoins, mining, ICOs, warnings and regulation. Find out how to acquire and trade digital currencies.
Curious to know if Bitcoin is here to stay ?
Mon, 18 Mar 2019 23:15:02 GMT
Read the latest developments from the cryptocurrency space, breaking news and analysis on Bitcoin and blockchain on RTTNews. Know more about altcoins, mining, ICOs, warnings and regulation. Find out how to acquire and trade digital currencies.
Are you interested in GDP, Inflation, Economic news ?
Mon, 18 Mar 2019 23:15:01 GMT
Read the latest on US Economic News, World Economic News and more on RTTNews Economic News.
Win Streak May Continue For South Korea Shares
Mon, 18 Mar 2019 23:00:04 GMT
The South Korea stock market has climbed higher in three straight sessions, advancing more than 30 points or 1.5 percent along the way. The KOSPI now rests just beneath the 2,180-point plateau and it may add to its winnings again on Tuesday.
UPDATE 2-Brazil court suspends operations at two more Vale dams
Mon, 18 Mar 2019 22:57:03 GMT
A Brazilian court has ordered Vale SA, the world's largest iron ore miner, to suspend operations at two more dams, demanding that it prove the structures are stable.
Cycling-Ineos set to become new sponsor of Team Sky - media reports
Mon, 18 Mar 2019 22:52:34 GMT
Chemicals giant Ineos, owned by Britain's richest man Jim Ratcliffe, is set to become the new sponsor of cycling's Tour de France-winning Team Sky, according to media reports on Monday.
UPDATE 2-U.S. states probing Hyundai, Kia over vehicle fires -Connecticut AG
Mon, 18 Mar 2019 22:34:41 GMT
A group of U.S. states is investigating Hyundai Motor Co and Kia Motors Corp for potential unfair and deceptive acts related to reports of hundreds of vehicle fires, Connecticut Attorney General William Tong said on Monday.
UPDATE 2-Canada re-examining Boeing 737 MAX approval after FAA certification probe
Mon, 18 Mar 2019 22:21:09 GMT
Transport Canada is re-examining the validation it gave Boeing Co's 737 MAX jets, following reports of a U.S. probe into the aircraft's certification by the Federal Aviation Administration (FAA), Canada's transport minister said on Monday.
Goldman Sachs sets targets for Hispanic and black entry-level hires
Mon, 18 Mar 2019 22:16:30 GMT
Goldman Sachs Group Inc is setting targets for hiring minority groups for the first time as it ramps up efforts to diversify its workforce, according to a memo sent by top executives to employees on Monday.
UPDATE 4-Mexico invites three U.S. companies, foreign firms to bid on new refinery
Mon, 18 Mar 2019 22:12:28 GMT
* Goal is to lessen dependence on fuel imports (Recasts headline, lead, adds companies invited to bid)
REFILE-German lawmakers challenge deputy finance minister's Goldman link in bank merger
Mon, 18 Mar 2019 22:09:13 GMT
German lawmakers on Monday criticised deputy finance minister Joerg Kukies and Goldman Sachs, alleging a conflict of interest in the U.S. investment bank advising state-backed Commerzbank on a possible merger with Deutsche Bank.
Revlon finds "material weakness" in financial reporting, shares drop 10 pct
Mon, 18 Mar 2019 22:05:15 GMT
Cosmetics maker Revlon Inc said on Monday it had identified a "material weakness" in its financial reporting related to the implementation of its SAP enterprise resource planning system in the U.S., sending its shares down over 10 percent in extended trading.
UPDATE 4-Canada's top civil servant to quit as scandal's toll on Trudeau mounts
Mon, 18 Mar 2019 22:01:40 GMT
The head of Canada's federal bureaucracy said on Monday he was quitting over his role in handling a corporate corruption case, dealing another blow to Prime Minister Justin Trudeau as he battles the biggest political crisis of his tenure.
AXA to reduce stake in AXA Equitable below 50 pct via secondary offering
Mon, 18 Mar 2019 21:48:19 GMT
French insurer AXA on Monday said it put 40 million shares of AXA Equitable Holdings on sale through a secondary offering as part of its plan to gradually divest from its U.S. life insurance business.
WRAPUP 6-Ethiopia and Indonesia crash parallels heap pressure on Boeing
Mon, 18 Mar 2019 21:47:28 GMT
Investigators into the Boeing Co 737 MAX crash in Ethiopia have found striking similarities in a vital flight angle with an airplane that came down off Indonesia, a source said, piling pressure on the world's biggest planemaker.
EMERGING MARKETS-Latam stocks rise, FX firms as Brazil stocks scale new highs
Mon, 18 Mar 2019 21:38:32 GMT
Latin American stocks surged on Monday with Brazil stocks scaling new highs and Argentine shares jumping 3 percent, while regional currencies firmed ahead of the U.S. Federal Reserve's meeting later week when it is expected to affirm its "patient" stance. MSCI's index of Latin American shares hit a three-week high, up 0.8 percent, while its regional currency index climbed 0.3 percent as the dollar weakened.
TSX Ends On Firm Note Again
Mon, 18 Mar 2019 21:37:58 GMT
The Canadian stock market ended at near seven-month high on Monday as higher crude oil prices triggered strong buying in the energy space, and the overall mood remained a bit bullish amid optimism about U.S.-China trade deal and steady U.S. and European markets.
Foxconn says Wisconsin factory production to launch by 2020
Mon, 18 Mar 2019 21:36:33 GMT
Foxconn Technology Group Ltd said on Monday it will complete work on a new factory in Wisconsin to assemble liquid crystal display screens and start production before the end of next year.
UPDATE 2-CPPIB, Williams to form $3.8 bln Marcellus-Utica shale gas venture
Mon, 18 Mar 2019 21:34:08 GMT
Canada Pension Plan Investment Board is expanding its presence in the North American natural gas market through a $3.8 billion joint venture with U.S. energy firm Williams Cos Inc, which will hold pipeline assets in the Marcellus and Utica shale basins, the biggest gas-producing region in the United States.
UPDATE 1-U.S. warns Brazil about Huawei and 5G in talks -senior U.S. official
Mon, 18 Mar 2019 21:23:30 GMT
U.S. officials have warned their Brazilian counterparts of their security concerns about Chinese telecom equipment maker Huawei Technologies Co during talks in Washington, a senior American official said on Monday.
General Dynamics wins $2.04 bln U.S. defense contract -Pentagon
Mon, 18 Mar 2019 21:16:19 GMT
General Dynamics Electric Boat has been awarded a $2.04 billion U.S. defense contract for the advance purchase of materials to build the Virginia-class fast attack submarine, the Pentagon said on Monday. (Reporting by Eric Beech)
UPDATE 1-Sainsbury's to detail price cuts to try to win over watchdog for Asda deal - FT
Mon, 18 Mar 2019 21:00:07 GMT
Sainsbury's and Walmart's Asda will provide a more specific commitment to cut prices in response to a negative provisional view by Britain's competition watchdog of their proposed tie-up, the Financial Times (FT) reported on Monday.
UPDATE 1-Embraer CEO to step down ahead of deal with Boeing
Mon, 18 Mar 2019 20:59:10 GMT
The chief executive of Brazilian planemaker Embraer SA will step down next month, the company said on Monday, as it prepares to cede control of its commercial aviation division to Boeing Co for $4.2 billion.
Algeria suspends all Boeing 737 MAX 8 and 9 flights - Ennahar TV
Mon, 18 Mar 2019 20:58:10 GMT
Algeria's civil aviation authority has suspended all flight operations of Boeing 737 MAX 8 and 9 planes as a precautionary measure following the Ethiopian Airlines plane crash, Ennahar TV reported on Monday.
US STOCKS-Wall St advances ahead of Fed policy meeting
Mon, 18 Mar 2019 20:46:58 GMT
* Indexes up: Dow 0.25 pct, S&P 500 0.37 pct, Nasdaq 0.34 pct (Updates to late market close)
Stocks Fluctuate But Manage To Close Mostly Higher - U.S. Commentary
Mon, 18 Mar 2019 20:13:36 GMT
Stocks fluctuated over the course of the trading day on Monday but maintained a positive bias throughout much of the session. The Nasdaq and the S&P 500 eventually ended the session at their best closing levels in over five months.
Swiss Market Ends Marginally Up
Mon, 18 Mar 2019 18:21:55 GMT
The Switzerland stock market ended marginally higher on Monday, extending gains to a fourth successive session, amid growing optimism about U.S.-China trade talks and on news that Commerzbank and Deutsche Bank have confirmed that they are in discussions on a merger.
European Stocks Settle Higher On Trade Optimism, Bank Merger Talks
Mon, 18 Mar 2019 17:52:25 GMT
European markets ended mostly higher on Monday, as optimism about U.S.-China trade deal and news on the merger & acquisition front lifted sentiment and resulted in strong buying in many sectors.
Stocks Nearly Flat After Seeing Early Strength - U.S. Commentary
Mon, 18 Mar 2019 16:06:37 GMT
After moving mostly higher early in the session, stocks have shown a lack of direction over the course of the trading day on Monday. The major averages have spent the day bouncing back and forth across the unchanged line.
Canadian Market In Positive Territory As Energy, Cannabis Shares Rise
Mon, 18 Mar 2019 15:59:37 GMT
After a steady start, the Canadian market is modestly higher in late morning trades on Monday amid optimism about U.S.-China trade deal.
Nasdaq, S&P 500 Climb To New Five-Month Intraday Highs - U.S. Commentary
Mon, 18 Mar 2019 14:35:11 GMT
Stocks have moved mostly higher in morning trading on Monday, extending the strong upward move seen last week. The continued advance on the day has lifted the Nasdaq and the S&P 500 to new five-month intraday highs.
Steel Dynamics Sees Q1 Earnings Below Estimates - Quick Facts
Mon, 18 Mar 2019 13:42:20 GMT
Steel Dynamics, Inc. (STLD) on Monday forecast earnings for the first quarter of fiscal 2019 below the year-ago period's results and also below analysts' expectations, due to an expected sequential decline in earnings from the company's steel operations.
Futures Pointing To Mixed Open On Wall Street - U.S. Commentary
Mon, 18 Mar 2019 12:56:11 GMT
Following the strong upward move seen last week, stocks may show a lack of direction in early trading on Monday. The major index futures are currently pointing to a mixed open for the markets, with the Dow futures down by 44 points but the Nasdaq futures up by 3 points.
Bay Street Likely To Open Flat
Mon, 18 Mar 2019 12:24:12 GMT
Canadian shares may open flat on Monday due to sluggish commodity prices, and the mood is likely to be a bit cautious ahead of policy meetings of the Federal Reserve and the Bank of England, due this week.
Futures Point To Positive Opening For Wall Street
Mon, 18 Mar 2019 12:17:27 GMT
The new found optimism in U.S.-China trade talks and the upcoming Fed monetary policy are getting special attention. Housing Market Index for March is the crucial economic announcement on Monday.
Sensex, Nifty End Modestly Higher
Mon, 18 Mar 2019 11:24:58 GMT
Indian shares rose for the sixth straight session on Monday, although the upside remained limited amid rising oil prices and ahead of this week's Fed meeting.
European Shares Hold Firm Amid Bank Merger Talk
Mon, 18 Mar 2019 10:23:18 GMT
European stocks held firm on Monday, with banks leading the surge after German lenders Deutsche Bank and Commerzbank said they were in talks to merge.
FTSE 100 Lifted By Weak Pound
Mon, 18 Mar 2019 09:50:39 GMT
U.K. stocks rose notably on Monday and the pound dipped after British Prime Minister Theresa May issued a stark warning to lawmakers that if they do not back her Brexit deal before the EU leaders' summit on Thursday, she would seek "a short technical extension" beyond the March 29 date to leave the EU.
CAC 40 Up 10 Points In Early Trade; Banks Surge
Mon, 18 Mar 2019 09:24:03 GMT
French stocks were modestly higher on Monday, with banks leading the surge after German lenders Deutsche Bank and Commerzbank said they were in talks to merge.
DAX Little Changed In Cautious Trade; Banks Surge On Merger Talk
Mon, 18 Mar 2019 09:11:46 GMT
German stocks were little changed on Monday even as banks surged after the country's main lenders confirmed they were in talks to merge.
Asian Shares Rise On Trade Deal Hopes
Mon, 18 Mar 2019 08:45:15 GMT
Asian stocks rose on Monday as weak U.S. data released on Friday cemented expectations the Federal Reserve could strike a dovish stance this week.
European Shares Seen Up On Trade Optimism
Mon, 18 Mar 2019 06:33:09 GMT
European stocks may open a tad higher on Monday amid bets the U.S. and China were making progress on a trade agreement.
Sensex Up Over 300 Points; Nifty Climbs Above 11,500
Mon, 18 Mar 2019 04:15:37 GMT
Indian shares opened notably higher on Monday, with positive global cues and a surging rupee helping underpin investor sentiment.
Asian Markets In Positive Territory
Mon, 18 Mar 2019 03:41:46 GMT
Asian stock markets are in positive territory on Monday following the gains on Wall Street Friday amid optimism about U.S.-China trade talks as well as indications of more Chinese economic stimulus. China's Xinhua news agency reported that the U.S. and China have made further "concrete progress" on the text of the trade agreement between the two sides.
Sensex, Nifty Seen Higher At Open
Mon, 18 Mar 2019 02:56:42 GMT
Indian shares look set to open higher on Monday amid positive global cues and on optimism over Prime Minister Narendra Modi returning to power in the upcoming general election.
Thai Stock Market May Find Traction On Monday
Mon, 18 Mar 2019 02:34:12 GMT
The Thai stock market has finished lower in back-to-back trading days, sliding more than 10 points or 0.6 percent along the way. The Stock Exchange of Thailand now rests just above the 1,625-point plateau although it may find its footing on Monday.
Japanese Market Modestly Higher
Mon, 18 Mar 2019 02:31:36 GMT
The Japanese stock market rose on Monday following the positive cues from Wall Street Friday amid optimism about U.S.-China trade talks as well as indications of more Chinese economic stimulus. However, the market has pared strong gains made early in the session.
Indonesia Stock Market May Extend Winning Streak
Mon, 18 Mar 2019 02:04:12 GMT
The Indonesia stock market has climbed higher in three straight sessions, rising almost 110 points or 1.8 percent along the way. The Jakarta Composite Index now rests just above the 6,460-point plateau and it's looking at another green light for Monday.
Australian Market Advances
Mon, 18 Mar 2019 01:23:00 GMT
The Australian stock market is advancing on Monday following the positive cues from Wall Street Friday amid optimism about U.S.-China trade talks as well as indications of more Chinese economic stimulus. Almost all sectors are higher.
Hong Kong Shares May See Additional Support
Mon, 18 Mar 2019 01:19:12 GMT
The Hong Kong stock market has moved higher in two straight sessions, advancing more than 200 points or 0.7 percent along the way. The Hang Seng Index now rests just above the 29,000-point plateau and it may add to its winnings again on Monday.
China Stock Market May Add To Its Winnings
Mon, 18 Mar 2019 01:00:04 GMT
The China stock market on Friday snapped the two-day slide in which it had surrendered nearly 70 points or 2.3 percent. The Shanghai Composite Index now rests just above the 3,020-point plateau and it's got another firm lead again on Monday.
Taiwan Bourse Tipped To Open In The Green
Mon, 18 Mar 2019 00:30:04 GMT
The Taiwan stock market rebounded on Friday, one session after it had snapped the three-day winning streak in which it had advanced more than 130 points or 1.3 percent. The Taiwan Stock Exchange now rests just beneath the 10,440-point plateau and it has a positive lead again for Monday.
Singapore Stock Market May See Mild Upside
Mon, 18 Mar 2019 00:00:04 GMT
The Singapore stock market has finished higher in back-to-back sessions, although it has gathered not quite 5 points or 0.2 percent in that span. The Straits Times Index now rests just above the 3,200-point plateau and it may extend its gains again on Monday.
Malaysia Bourse Draws A Green Light For Monday
Sun, 17 Mar 2019 23:30:04 GMT
The Malaysia stock market bounced higher again on Friday, one session after it had ended the two-day winning streak in which it had advanced almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now rests just above the 1,680-point plateau and it may add to its winnings on Monday.
Ulta Beauty shares climb after earnings, revenue top expectations
Fri, 15 Mar 2019 09:48:00 GMT
Shares of Ulta Beauty rose following the release of the beauty company's better-than-expected fourth-quarter earnings.
Dollar General's 2019 profit forecast disappoints, shares fall 6%
Thu, 14 Mar 2019 11:22:00 GMT
Dollar General reported better-than-expected same-store sales on Thursday, as its customers spent more on groceries at the discount retailer's stores.
Genesco Q4 Comps Up 4%; Guides FY20 Adj. EPS Below View - Quick Facts
Thu, 14 Mar 2019 11:11:21 GMT
Specialty retailer Genesco, Inc. (GCO) announced Thursday that comparable sales from continuing operations increased 4 percent, with stores up 3 percent and direct up 10 percent, for the fourth quarter.
GE earnings forecast falls short of estimates, CEO Culp says 'We have work to do'
Thu, 14 Mar 2019 11:04:00 GMT
GE expects 2019 adjusted earnings between 50 cents and 60 cents a share, below the 70 cents a share Wall Street expected.
K+S Group 2018 EBITDA Rises; Revenues Up 11% - Quick Facts
Thu, 14 Mar 2019 06:28:54 GMT
K+S Group (SDFG) reported that its fiscal 2018 EBITDA improved by 5% to 606 million euros from 577 million euros, prior year. The company said its EBITDA was negatively impacted above all by the prolonged heat wave and severe drought in Germany last year, which led to considerable production losses at the Werra plant.
Cloudera plummets on a disappointing forecast
Wed, 13 Mar 2019 22:05:00 GMT
Cloudera fell sharply after reporting worse-than-expected earnings for its fiscal fourth quarter
Cloud company MongoDB soars after crushing earnings
Wed, 13 Mar 2019 20:56:00 GMT
The company saw a massive boon from revenue in its Atlas segment, its fully managed cloud database product.
Inditex FY18 Profit Up, Lifts Dividend; Sees Higher FY19 LFL Sales; Stock Dips
Wed, 13 Mar 2019 11:29:05 GMT
Spanish fashion retailer Industria de DiseƱo Textil SA or Inditex reported Wednesday higher profit in its fiscal 2018 with increased net sales and like-for-like sales. The company also lifted its dividend. Meanwhile, Bloomberg reported that the owner of the Zara apparel chain reported the weakest earnings growth in five years. Inditex shares fell around 4 percent in the morning trading.
Goldman: Tesla's earnings and deliveries likely to disappoint this quarter, so sell the stock
Wed, 13 Mar 2019 11:08:00 GMT
Goldman's 12-month price target is $210, representing a 25 percent drop from here.
Avast Turns To Profit In FY18; Names Ondrej Vlcek CEO - Quick Facts
Wed, 13 Mar 2019 08:12:55 GMT
Avast plc (AVST.L), a global cybersecurity provider, on Wednesday reported that its profit before tax for the year ended 31 December 2018 was $182.5 million, compared to loss before tax of $28.9 million in the prior year.
Wm Morrison Supermarkets FY18 Pretax Profit Declines; Proposes Special Dividend
Wed, 13 Mar 2019 07:48:54 GMT
Morrison(Wm.)Supermarkets PLC (MRW.L) on Wednesday reported profit before tax of 320 million pounds for the 52 weeks ended 3 February 2019, down 15.8 percent from 380 million pounds in the previous year. Earnings per share were 10.11 pence, down from 13.03 pence a year ago.
Dignity FY18 Profit Declines; Says FY19 Outlook Unchanged - Quick Facts
Wed, 13 Mar 2019 07:24:00 GMT
Dignity Plc. (DTY.L), a provider of funeral related services, reported that its preliminary profit attributable to equity shareholders for the 52 week period ended 28 December 2018 declined to 31.5 million pounds or 63.0 pence per share, from 57.8 million pounds or 115.6 pence per share last year.
Adidas 2018 Profit From Cont. Ops. Rises; Currency-neutral Sales Up 8%
Wed, 13 Mar 2019 07:01:15 GMT
adidas (ADDYY.PK, ADDDF.PK) reported that its fiscal 2018 net income from continuing operations, excluding the negative one-time tax impact recorded in 2017, increased 20% to 1.71 billion euros from 1.43 billion euros. Basic EPS from continuing operations grew 20% to 8.46 euros from 7.05 euros. The company's operating profit grew 14% in 2018 to 2.37 billion euros, representing an operating margin increase of 1.1 percentage points to 10.8% from 9.8%. Gross margin increased 1.4 percentage points to 51.8%.
Symrise FY18 Profit Rises; Lifts Dividend - Quick Facts
Wed, 13 Mar 2019 06:51:52 GMT
Symrise AG (SYIEY.PK, SYIEF.PK), a supplier of fragrances, flavorings and cosmetic active ingredients, reported Wednesday that its fiscal 2018 net income increased 1.9 percent to 275 million euros from 270 million euros last year. Earnings per share improved to 2.12 euros from 2.08 euros last year.
Innogy Slips To Loss In FY18; Sees Lower Adj. Profit In FY19 - Quick Facts
Wed, 13 Mar 2019 06:25:08 GMT
Innogy SE (IGY.DE), a German energy utility, reported Wednesday that its fiscal 2018 net loss attributable to shareholders was 653 million euros, compared to net income of 778 million euros in the prior year.
Intrepid Potash Turns To Profit In Q4, Adj. Earnings Beat View - Quick Facts
Tue, 12 Mar 2019 12:10:38 GMT
Intrepid Potash Inc. (IPI), a producer of potash and langbeinite products, on Tuesday reported a turnaround to profit in the fourth quarter on higher sales. Adjusted earnings per share beat analysts' estimates.
DICK'S Sporting Goods Expects Positive Comps. Beginning Q2 - Quick Facts
Tue, 12 Mar 2019 11:49:58 GMT
DICK'S Sporting Goods, Inc. (DKS) announced, for fiscal 2019, based on an estimated 95 million diluted shares outstanding, the company currently projects earnings per diluted share to be approximately $3.15 to 3.35, which includes approximately $30 million, or $0.23 per diluted share, of net investments in business transformation initiatives. For fiscal 2019, consolidated same store sales are currently expected to be approximately flat to an increase of 2%. The company expects to deliver positive consolidated same store sales beginning in the second quarter.
Home security firm ADT's outlook disappoints, shares sink 10%
Tue, 12 Mar 2019 11:25:00 GMT
ADT reported a quarterly loss and forecast 2019 revenue below Wall Street estimates amid intensifying competition from fast-growing do-it-yourself home security offerings.
Volkswagen Sees Higher Sales Revenue, Deliveries; Plans More Electric Vehicles
Tue, 12 Mar 2019 11:18:58 GMT
German auto giant Volkswagen AG announced Tuesday that it expects fiscal 2019 sales revenues to grow by as much as 5 percent year-on-year. Operating profit margin for the Group is expected in the range of 6.5 percent to 7.5 percent. The company expects slightly higher deliveries in 2019 amid continuously challenging market conditions.
Stitch Fix on pace for best day ever after strong earnings and revenue growth
Mon, 11 Mar 2019 20:26:00 GMT
Shares of Stitch Fix soared as much as 20 percent in extended trading Monday following the release of the online personal styling company's strong second-quarter earnings.
Eventbrite loses one-third of its value after revealing merger struggles; trades below IPO price
Fri, 08 Mar 2019 15:32:00 GMT
The plunge marks a 40 percent drop from the stock's all-time high.
LaCroix Maker's Shares Fall After Weak Earnings Results, CEO Blames 'Injustice'
Fri, 08 Mar 2019 13:29:09 GMT
Shares of National Beverage Corp., the owner of the LaCroix brand of sparkling water, are losing more than 19 percent in Friday's pre-market activity following disappointing quarterly earnings results that the company's CEO blamed on "injustice." In an earnings release with the headline "We Just Love Our LaCroix' Consumers Chant," National Beverage reported its results for the the third quarter.
Costco beats profit estimates and boosts minimum wage in the US and Canada
Fri, 08 Mar 2019 10:09:00 GMT
Costco Wholesale whizzed past analysts' estimates for quarterly profit as the warehouse club operator's margins were lifted by a drop in gas prices and a shift to lower-cost sourcing.
Shares of LaCroix maker National Beverage crater 16% after blaming poor earnings on 'injustice'
Thu, 07 Mar 2019 22:26:00 GMT
Shares of National Beverage Corp., the maker of popular seltzer water LaCroix, skidded 16 percent after the company blamed a drop in sales and profit on "injustice."
Eventbrite crashes 25% after giving weak revenue guidance
Thu, 07 Mar 2019 21:15:00 GMT
The company said it sees first-quarter revenue between $80 million and $84 million. That's far short of the $91 million analysts polled by Refinitiv had forecast.
Barnes & Noble shares tank 16% on disappointing holiday sales
Thu, 07 Mar 2019 14:08:00 GMT
Shares of Barnes & Noble fell more than 16 percent after the company reported fiscal third-quarter earnings Thursday that missed analysts' expectations.
Investors drive Kroger shares down 12% as earnings show cost of competing against Amazon
Thu, 07 Mar 2019 12:59:00 GMT
Kroger reports earnings and revenue that fell short of analysts' expectations, sending its shares sharply lower.
Kroger Q4 Profit Misses Estimates; Shares Plunge - Quick Facts
Thu, 07 Mar 2019 12:18:06 GMT
The Kroger Co. (KR) reported that its fourth-quarter adjusted net earnings totaled $390 million, or $0.48 per diluted share. Adjusted net earnings in the same period last year were $483 million, or $0.54 per diluted share. On average, 22 analysts polled by Thomson Reuters expected the company to report profit per share of $0.52 for the quarter. Analysts' estimates typically exclude special items.
American Eagle forecasts profit below estimates; shares slide
Thu, 07 Mar 2019 11:06:00 GMT
American Eagle Outfitters forecast current-quarter profit below analysts' estimates on Wednesday as the apparel maker spends more on advertising and new Aerie store openings.
LafargeHolcim Posts Profit In FY18; Backs 2019 Outlook
Thu, 07 Mar 2019 09:18:04 GMT
Cement giant LafargeHolcim Thursday reported a profit in its fiscal year 2018, compared to loss last year, driven by higher sales with increased cement volume. Recurring EBITDA margin, meanwhile, dropped from last year. Looking ahead, the company confirmed its fiscal 2019 outlook, noting that it is expecting further acceleration of growth and earnings dynamic in the new year.
Inmarsat Q4 Profit After Tax Down 13.1%; Affirms Medium-term Outlook
Thu, 07 Mar 2019 07:30:06 GMT
Inmarsat Plc. (ISAT.L), a provider of mobile satellite communication services, reported that its fourth-quarter profit after tax declined 13.1 percent to $29.1 million from last year's restated $33.5 million.
Informa FY18 Pre-tax Profit Rises; Hikes Dividend - Quick Facts
Thu, 07 Mar 2019 07:11:44 GMT
Informa plc (INFMF.PK, INF.L), an Exhibitions, Events, Business Intelligence and Academic Publishing Group, reported that its profit before tax for the year ended 31 December 2018 increased 5.2 percent to 282.1 million pounds from last year's 268.2 million pounds. However, earnings per share fell 47.6 percent to 19.7 pence from 37.6 pence a year ago.
Aviva FY18 IFRS Profit After Tax Rises; Hikes Dividend - Quick Facts
Thu, 07 Mar 2019 06:54:11 GMT
Aviva plc (AV.L, AV) reported pre-tax profit of 1.65 billion pounds for the year ended 31 December 2018, down from 2.37 billion pounds in the previous year.
ProSiebenSat.1 FY18 Profit Down 47% - Quick Facts
Thu, 07 Mar 2019 06:27:19 GMT
German commercial broadcaster ProSiebenSat.1 Media AG (PBSFF.PK) reported Thursday that its fiscal 2018 net result attributable to shareholders declined 47 percent to 248 million euros from 471 million euros last year.
HUGO BOSS AG 2018 Net Income Rises; Currency-adjusted Sales Up 4%
Thu, 07 Mar 2019 05:57:24 GMT
HUGO BOSS AG (HUGSF.PK) reported fiscal 2018 net income of 236 million euros, up 2% from prior year. Earnings per share was 3.42 euros compared to 3.35 euros. EBITDA before special items was 489 million euros compared to 491 million euros, a year ago.
Merck KGaA FY18 Profit Rises, But EBITDA Declines
Thu, 07 Mar 2019 05:28:29 GMT
Merck KGaA (MKGAY.PK) reported Thursday that Its fiscal 2018 net income grew 29.5 percent to 3.37 billion euros from 2.61 billion euros last year. Earnings per share rose to 7.76 euros from 5.99 euros a year ago. The company noted that the prior year's results have been adjusted.
Exxon Mobil shares slump as the oil major tells investors to brace for higher spending
Wed, 06 Mar 2019 14:00:00 GMT
Exxon Mobil forecasts its earnings potential through 2025 is better than previously forecast, but also expects to increase capital spending.
Nio Shares Fall On Wider Q4 Loss, Delivery Slowdown
Wed, 06 Mar 2019 13:44:27 GMT
Tesla rival Nio Inc.'s (NIO) American depositary shares are losing more than 18 percent in Wednesday's pre-market activity after the China-based electric car maker reported a net loss for the fourth quarter that widened from last year.
Brown-Forman Q3 Profit Up 19%, Reiterates FY19 Outlook - Quick Facts
Wed, 06 Mar 2019 12:09:57 GMT
Brown-Forman Corp. (BFA, BFB) reported Wednesday that its net income for the third quarter of fiscal 2019 rose to $227 million or $0.47 per share from $190 million or $0.39 per share in the year-ago quarter.
Chico's FAS Initiates Q1, FY19 Outlook - Quick Facts
Wed, 06 Mar 2019 11:55:51 GMT
While reporting financial results for the fourth quarter and full-year 2018 on Wednesday, specialty retailer Chico's FAS Inc. (CHS) initiates guidance for the full-year 2019 and the first quarter.
Urban Outfitters starts 2019 on frosty note, shares slip
Wed, 06 Mar 2019 11:33:00 GMT
Urban Outfitters said the year had started off weaker than expected, placing the blame on colder weather and "costly mistakes" in the spring fashion lines of its various brands.
SOCO FY18 Pre-tax Profit Up; Says No Intention To Make Offer For Ophir Energy
Wed, 06 Mar 2019 07:38:49 GMT
SOCO International plc (SIA.L) on Wednesday reported profit before tax of $80.1 million for the year to 31 December 2018, up from $22.7 million in the prior year.
Just Eat Turns To Profit In FY18 - Quick Facts
Wed, 06 Mar 2019 07:18:09 GMT
Just Eat plc (JE.L) reported Wednesday that its fiscal 2018 profit before tax was 101.7 million pounds, compared to loss of 76.0 million pounds last year. Basic earnings per share were 12.1 pence, compared to loss of 15.2 pence a year ago.
PageGroup FY18 Pre-tax Profit Rises - Quick Facts
Wed, 06 Mar 2019 07:03:42 GMT
PageGroup plc (PAGE.L), the specialist professional recruitment company, reported Wednesday that its profit before tax for the year ended 31 December 2018 rose to 142.28 million pounds from 118.16 million pounds last year.
Schaeffler To Increase Efficiency Of Automotive OEM Division - Quick Facts
Wed, 06 Mar 2019 06:52:15 GMT
Schaeffler AG (SCFLF.OB) announced its program RACE, which is designed to sustainably increase the Automotive OEM division's efficiency and optimize its portfolio. The company said the program was made necessary by a number of external and internal factors that had significantly weakened the division's EBIT margin before special items for 2018. The company said the overriding goal of RACE is to sustainably improve the margin over the next three to four years and to generate an EBIT margin percentage in the high single digits going forward.
Legal & General FY18 Pre-tax Profit Up 2% - Quick Facts
Wed, 06 Mar 2019 06:46:38 GMT
Legal & General Group Plc. (LGEN.L) reported Wednesday that its fiscal 2018 profit before tax attributable to equity holders grew 2 percent to 2.13 billion pounds from last year's 2.09 billion pounds.
Cosmetics company Revlon plunges 18% after data show sales decline
Tue, 05 Mar 2019 16:17:00 GMT
Revlon shares plunged more than 18 percent Tuesday after new data showed a steep sales deceleration at the multinational cosmetics company.
Kohl's shares jump on better-than-expected profit and sales during crucial holiday shopping season
Tue, 05 Mar 2019 12:25:00 GMT
Kohl's also announced on Tuesday it will be partnering with gym operator Planet Fitness at 10 locations across the country, promising more to come.
Target shares surge as company beats Wall Street earnings estimates
Tue, 05 Mar 2019 11:32:00 GMT
Target saw a surge of shoppers during the 2018 holidays, a sign that its investments in store remodels and delivery services are paying off.
Salesforce shares slide on disappointing earnings and revenue forecast
Mon, 04 Mar 2019 21:30:00 GMT
Salesforce beat expectations for its fiscal fourth quarter, but its guidance for the next quarter was below what analysts were anticipating.
Foot Locker rallies nearly 6% after same-store sales and profit crush estimates
Fri, 01 Mar 2019 13:25:00 GMT
Foot Locker shares soared 5 percent Friday after the shoe company reported same-store sales growth that more than doubled expectations.
Dell beats revenue estimates in first report as public company
Fri, 01 Mar 2019 12:44:00 GMT
Dell Technologies topped Street estimates for quarterly revenue in the computer maker's first earnings report since a return to public markets.
Marriott's revenue, full-year forecast miss estimates on weak demand
Fri, 01 Mar 2019 10:54:00 GMT
Marriott on Thursday missed Wall Street estimates for quarterly revenue and forecast a lower-than-expected full-year profit, blaming weak demand in North America, its its largest market.
Nordstrom profit beats Wall Street, helped by discount stores
Fri, 01 Mar 2019 10:46:00 GMT
Nordstrom reported better-than-expected quarterly profit but missed Wall Street's sales estimates, as customers bought more merchandise at its off-price stores and less at its full-price stores.
Nutanix plunges 25 percent on a sales forecast that's way below estimates
Thu, 28 Feb 2019 22:06:00 GMT
Cloud company Nutanix fell after reporting its second quarter 2019 earnings.
Tech earnings were ugly Wednesday night and the companies that reported are getting crushed
Thu, 28 Feb 2019 16:25:00 GMT
HP, Box and Booking shares all plummeted on Thursday after the companies reported quarterly results.
JC Penney to shutter stores as sales tumble, warns more closures are likely ahead
Thu, 28 Feb 2019 11:41:00 GMT
J.C. Penney on Thursday reported earnings and sales for the holiday quarter that topped analysts' lowered expectations, as the company said it was successful in reducing a glut of unsold inventory in 2018.
AB InBev predicts strong growth after solid end to 2018
Thu, 28 Feb 2019 11:36:00 GMT
Anheuser-Busch InBev forecast strong revenue and profit growth in 2019, with a focus on increasing beer sales rather than just prices.
HP Inc misses revenue estimates, shares plunge 12%
Thu, 28 Feb 2019 11:29:00 GMT
HP Inc. reported quarterly revenue that fell short of Wall Street estimates, due to weaker-than-expected sales in both its personal computer and printing businesses.
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