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Marcus Slips To Loss In Q4
(RTTNews) - Marcus Corp. (MCS) reported on Thursday a net loss attributable to the company of $9.32 million or $0.30 per share for the fourth quarter, compared to net income of $6.44 million or $0.18 per share in the prior-year quarter.
Total revenues for the quarter decreased 3.6 percent to $162.75 million from $169.05 million in the same quarter last year.
On average, analysts polled by Thomson Reuters expected the company to report a loss of $0.17 per share on revenues of $155.26 million for the quarter. Analysts' estimates typically exclude special items.
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Marcus Q4 Net Loss Sharply Narrows
Marcus Corp. (MCS) reported on Thursday that net loss attributable to the company for the fourth quarter sharply narrowed to $1.44 million or $0.05 per share from $9.32 million or $0.30 per share in the prior-year quarter.
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Swiss Franc Falls Amid Disappointing Swiss CPI Data
The Swiss franc weakened against other major currencies in the European session on Monday, after data showed that Switzerland's consumer price inflation slowed unexpectedly in October after remaining stable in the previous two months.
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European Shares Tick Higher In Cautious Trade
European stocks were flat to slightly higher on Monday ahead of regional manufacturing PMI prints due later in the day.
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Swiss Franc Falls Against Majors
The Swiss franc weakened against other major currencies in the European session on Monday.
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Asian Shares Rise Led By Tech Stocks
Asian stocks ended higher in thin trade on Monday, with Japanese markets closed for a public holiday.
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European Economic News Preview: Eurozone Final Factory PMI Due
Factory purchasing managers' survey results from the euro area and the UK are the top economic news due on Monday. At 2.30 am ET, the Federal Statistical Office publishes Swiss consumer prices for October. Inflation is forecast to rise to 0.3 percent from 0.2 percent in September. At 3.15 am ET, Spain's manufacturing PMI survey data is due.
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European Shares Set For Mixed Open
European stocks are seen opening broadly higher on Monday, though French markets may drift lower after the National Assembly voted down dual proposals to tax the ultra-wealthy, dealing a blow to left-wing lawmakers who had made fiscal reform their condition for passing the budget.
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Před 5 h 37 min
Sensex, Nifty Struggle For Direction In Early Trade
Indian shares struggled for direction on Monday ahead of a big week for earnings, with around 200 prominent companies scheduled to report their quarterly earnings results.
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