BY Real News
June 04 2015
16:41
U.S. Apparel Retailers Report Modest Sales Growth In May
Most U.S. apparel retailers on Thursday reported modest increases in sales at established stores for the month of May, amid warmer weather and improvement in economic conditions. Sales got a boost from Mother's Day, which is seen as the second biggest gifting holiday in the year after Christmas.
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BY Real News
June 04 2015
16:32
Joy Global Q2 Profit Declines, But Adj Results Top Estimates
Mining equipment maker Joy Global, Inc. (JOY) reported Thursday a profit for the second quarter that halved from last year, hurt by higher charges and lower operating margins as well as a double-digit sales decline amid drop in order bookings.
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BY Real News
June 04 2015
15:46
J.M. Smucker Slips To Q4 Loss On Costs, But Adj Results Top View
Branded food products maker J.M. Smucker Co. reported Thursday a net loss for the fourth quarter compared to a profit last year, despite a sales growth, hurt by one-time financing costs associated with the Big Heart Pet Brands acquisition as well as higher commodity costs. However, both adjusted earnings per share and quarterly revenues topped analysts' expectations.
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BY Real News
June 04 2015
15:44
Ciena Q2 Results Top Estimates, Guides Q3 Revenues In Line
Network specialist Ciena Corp. (CIEN) reported Thursday a profit for the second quarter compared to a loss last year, reflecting improved operating margins and a revenue growth.
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BY Real News
June 04 2015
14:30
J.M. Smucker Slips To Loss In Q4; Provides FY16 Outlook - Quick Facts
Branded food products maker J. M. Smucker Co. (SJM) posted fourth-quarter net loss of $90.3 million or $0.82 per share, compared to net income of $118.5 million or $1.16 per share, in the prior-year quarter.
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BY Real News
June 04 2015
13:30
Joy Global Q2 Adj. EPS Tops View - Quick Facts
Mining equipment maker Joy Global Inc. (JOY) reported second-quarter net income of $38.7 million or $0.40 per share, compared to $74.0 million or $0.73 per share in the comparable quarter last year.
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BY Real News
June 03 2015
23:40
Five Below Profit Rises, Outlook Strong; Shares Up 7%
Discount retailer Five Below Inc (FIVE), Wednesday said its first-quarter profit increased from a year ago, driven largely by a 22 percent jump in sales, with both earnings and revenues coming in ahead of Wall Street estimates.
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BY Real News
June 03 2015
15:37
Brown-Forman Q4 Profit Meets View, But Revenues Beat
Alcoholic beverage manufacturer Brown-Forman Corp. (BFB, BFA) on Wednesday reported a 6 percent increase in profit for the fourth quarter from last year, reflecting higher sales.
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BY Real News
June 03 2015
14:55
Brown-Forman Q4 Profit Meets View; Issues FY16 EPS Outlook - Quick Facts
Brown-Forman Corp. (BFA, BFB) reported fourth-quarter net income of $140 million or $0.66 per share, compared to $132 million or $0.62 per share, prior year.
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BY Real News
June 03 2015
00:49
G-III Apparel Q1 Profit Rises - Update
Apparel maker G-III Apparel Group Ltd. (GIII) Tuesday reported an increase in profit for the first quarter, reflecting strong sales growth, with earnings and revenues trumping estimates. The company also lifted its forecast for the full-year 2016, sending its shares up about 7 percent in the after-hours trading.
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BY Real News
June 03 2015
00:27
Guess Swings To Profit
International fashion house Guess?, Inc. said Tuesday after the markets closed that it swung to a first quarter profit, as better costs control helped offset an 8.4% drop in revenue. The company's quarterly earnings per share also came in above analysts' expectations, but its quarterly revenue fell short of analysts' forecast.
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BY Real News
June 03 2015
00:23
Ascena Retail Q3 Profit Down Higher Costs
Clothing retailer Ascena Retail Group Inc. (ASNA), Tuesday reported a drop in profit for the third quarter, hurt largely by higher operating costs that offset a mediocre revenue growth and stronger margins. Both earnings and revenues for the quarter fell short of Wall Street estimates.
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BY Real News
June 02 2015
16:11
Medtronic Tops Estimates On Heart Device Sales
Medical device maker Medtronic plc, which acquired smaller rival Covidien Ltd., reported Tuesday a small loss for the fourth quarter compared to a profit last year, despite sales growth, hurt by charges, amortization and tax adjustments. However, both adjusted earnings per share and quarterly net sales topped analysts' expectations due to robust sales of its heart devices.
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BY Real News
June 02 2015
15:09
Dollar General Q1 Profit Tops View, But Sales Miss; Backs 2015 Outlook
Discount retailer Dollar General Corp. reported Tuesday a profit for the first quarter that increased from last year, reflecting improved margins and higher sales at established stores amid increased customer traffic and average transaction value. Earnings per share topped analysts' expectations, while quarterly sales missed their estimates. The company also reaffirmed full-year 2015 outlook.
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BY Real News
June 02 2015
14:20
Dollar General Q1 Profit Tops Estimates; Confirms Full Year Guidance
Dollar General Corp. (DG) reported net income of $253 million, or $0.84 per share in the 2015 first quarter, compared to $222 million, or $0.72 per share, prior year.
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BY Real News
June 02 2015
09:19
Wolseley Q3 Trading Profit Rises; Like-for-like Revenue Up 7.5% - Quick Facts
Wolseley plc (WOSCF.PK, WOS.L, WOSYY.PK) reported trading profit for the ongoing businesses of 195 million pounds for the third quarter ended 30 April 2015, compared to 151 million pounds prior year, an increase of 20.3% at constant exchange rates. The Group noted that Exchange rate movements were favourable in the quarter and increased trading profit by 11 million pounds. There was one additional trading day compared to the same quarter last year which contributed 6 million pounds of trading profit.
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BY Real News
June 02 2015
00:14
PVH Results Top Estimates
Apparel maker PVH Corp. said Monday after the markets closed that its first quarter profit rose sharply from last year, when results were weighed down by debt modification and extinguishment costs. The company's quarterly earnings per share, excluding items, also came in above analysts' expectations as did its quarterly revenue.
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BY Real News
May 29 2015
16:07
Scotiabank Q2 Profit Rises, Results Beat Estimates
Canadian financial services provider Bank of Nova Scotia or Scotiabank, on Friday reported an increase in profit for the second quarter from last year. The results reflect higher net interest income, increase in banking and wealth management revenues, and the positive impact of foreign currency translation. Both revenue and adjusted earnings per share for the quarter beat analysts' estimates.
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BY Real News
May 29 2015
15:38
Big Lots Q1 Earnings Rise
Discount retailer Big Lots, Inc. Friday reported an increase in income from continuing operations for the first quarter, from last year. The company also registered a surge in net income particularly as it had carried a loss from discontinued operations last year.
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BY Real News
May 29 2015
13:26
Scotiabank Q2 Profit Rises - Quick Facts
Canadian financial services provider Bank of Nova Scotia (BNS, BNS.TO) or Scotiabank reported second-quarter net income attributable to equity holders of C$1.76 billion, up from C$1.74 billion last year. Quarterly earnings per share were C$1.42, compared with C$1.39 in the same period a year ago.
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BY Real News
May 29 2015
13:18
Big Lots Q1 Profit Tops Estimates; Updates FY15 EPS Guidance - Quick Facts
Big Lots, Inc. (BIG) reported first-quarter income from continuing operations of $32.3 million, or $0.60 per share compared to $28.6 million, or $0.50 per share, prior year.
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BY Real News
May 29 2015
02:33
Ulta Salon Q1 Profit Rises - Update
Ulta Salon, Cosmetics & Fragrance Inc. (ULTA), Thursday reported an increase in first-quarter profit, helped largely by a double-digit sales growth and strong margins. The beauty products retailer's fourth-quarter earnings and revenues also topped Wall Street estimates.
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BY Real News
May 29 2015
00:43
OmniVision Q4 Profit Down, But Tops View
Digital imaging solutions provider OmniVision Technologies Inc (OVTI), Thursday reported a drop in profit for the fourth quarter, as revenues dropped and operating costs increased. Nevertheless, both earnings and revenues for the quarter trounced Wall Street estimates.
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BY Real News
May 29 2015
00:42
GameStop Profit Rises, Lifts FY Outlook - Update
GameStop Corp. (GME) on Thursday reported an increase in profit for the first quarter, as the video-game retailer's revenue and same-store sales rose, with both earnings and revenues topping Wall Street expectations.
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BY Real News
May 29 2015
00:07
OmniVision Q4 Profit Down
OmniVision Technologies Inc (OVTI), Thursday reported fourth-quarter profit of $6.0 million or $0.10 per share, down from $15.1 million or $0.26 per share last year.
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BY Real News
May 28 2015
17:51
Avago Technologies To Buy Broadcom For $37 Bln
Avago Technologies Ltd. will acquire Broadcom Corp. for $37 billion in cash and stock, the two chipmakers said Thursday. The deal marks further consolidation in the semiconductor industry as rising costs and weak revenue growth force chipmakers to combine. Avago also reported a profit for the second quarter that more than doubled from last year. Earnings per share beat analysts' estimates.
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BY Real News
May 28 2015
15:58
TD Bank Q2 Results Beat Estimates
Canada's second-largest lender TD Bank Group on Thursday reported a 6 percent decline in profit for the second quarter from last year, as higher revenues and lower provision for credit losses were offset by restructuring charges. However, both revenue and adjusted earnings for the quarter beat analysts' estimates.
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BY Real News
May 28 2015
14:52
Abercrombie & Fitch Q1 Loss Widens; Comps. Down 8% - Quick Facts
Abercrombie & Fitch Co. (ANF) reported a first-quarter net loss of $63.2 million or $0.91 per share, compared to a loss of $23.7 million or $0.32 per share, prior year. Excluding certain charges, the company reported an adjusted non-GAAP net loss of $37.2 million or $0.53 per share, for the first quarter.
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BY Real News
May 28 2015
10:30
Tate & Lyle FY15 Profit Plunges, Sees Flat Profit In FY16; Stock Down
Tate & Lyle Plc's shares were losing around 5 percent in the early morning trade in London after the food ingredients company reported Thursday sharply lower profit in its fiscal year 2015 with weak results of SPLENDA Sucralose and Bulk Ingredients. Further, the company said it sees flat profit for fiscal 2016.
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BY Real News
May 28 2015
09:23
Tate & Lyle Plc Fiscal Year Pretax Profit Declines - Quick Facts
Tate & Lyle plc (TATE.L, TATYY.PK) reported profit before tax of 51 million pounds for the year ended 31 March 2015 compared to 277 million pounds, previous year. Profit to owners on total operations was 30 million pounds compared to 273 million pounds. Earnings per share on total operations was 6.5 pence compared to 58.0 pence.
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