Shares of Middleton-based Spectrum Brands Holdings fell by as much as 36 percent on Thursday after the consumer products company reported a sharp drop in earnings for its second fiscal quarter that ended April 1. At the same time, Spectrum Brands announced ...
Madison.com · 21d
April 23--TCF Financial Corp. said Monday its first-quarter profit rose nearly 60 percent as it trimmed expenses and benefited from a lower tax rate. The company, which runs Minnesota's third-largest bank after Wells Fargo and U.S. Bank, said its interest ...
4-Traders · 27d
Main Street may under-stand Amazon better than Wall Street. While analysts forecast first-quarter profits at Jeff Bezos’ e-commerce juggernaut would fall under the weight of skyrocketing investments, Amazon on Thursday reported its bottom line more than ...
Aside from a strong January, the stock market has had a tough year. We’ve had two corrections since February. Surprisingly, crude oil prices have held relatively well. Unfortunately the same cannot be said for oil stocks. Exxon Mobil Corporation (NYSE ...
Yahoo Finance · 1mon
General Mills, Inc. (NYSE: GIS) stock dropped nearly 9 percent Wednesday morning after the company slashed its earnings guidance and said rising commodity prices will take a bite out of its profits. The guidance cut took the market by surprise, but further ...
Dear HL: Albertsons, a large nonpublic grocery chain, recently announced that it plans to acquire the Rite Aid (RAD-$1.69) stores that haven't been sold to Walgreens, and the deal really "sphinx." The announcement ended a 30-month fight by Walgreens Boots ...
NewsOK · 1mon
In India, it’s becoming a ritual. Each year investors are assured that earnings are about to recover. Each year, they don’t. Anything that suggested that might change would be welcome news to stock bulls, who’ve watched last year’s rally hit a wall.
Gulf News · 1mon
MONTREAL — Dollarama Inc. raised its dividend as it reported its fourth-quarter profit climbed to $162.8 million compared with $146.1 million a year earlier. The retailer says it will now pay a quarterly dividend of 12 cents per share, up a penny from ...
Earnings growth has been the missing piece of the rally that sent Indian stocks to multiple records. By Ravil Shirodkar and Nupur Acharya In India, it’s becoming a ritual. Each year investors are assured that earnings are about to recover. Each year ...