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Academy Sports And Outdoors Boosts FY22 Earnings Outlook As Q2 Adj. EPS Tops Estimates
Academy Sports and Outdoors, Inc. (ASO) on Wednesday reported that net income for the second quarter declined to $188.8 million or $2.22 per share from $190.5 million or $1.99 per share in the prior-year quarter.
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vor 1064 Tagen
Germany Industrial Production Falls In July
Germany industrial production declined in July on widespread falls across consumer, capital and intermediate goods, official data showed Wednesday. Industrial production fell 0.3 percent on a monthly basis, reversing a 0.8 percent rise in June, Destatis reported. Output was forecast to decline 0.5 percent.
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vor 1064 Tagen
U.S. Trade Deficit Narrows Roughly In Line With Estimates In July
A report released by the Commerce Department on Wednesday showed the U.S. trade narrowed significantly in the month of July.
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vor 1064 Tagen
COMSovereign Co-founder, Chairman And CEO Daniel Hodges Resigns; Names David Knight Interim CEO
Communication Systems developer COMSovereign Holding Corp. (COMS) announced Wednesday that the Board of Directors of COMSovereign has accepted the resignation of co-founder, Chairman and CEO Daniel Hodges, effective September 1, 2022.
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vor 1064 Tagen
China Exports Growth Eases Sharply In August
China's exports growth eased sharply in August reflecting weak global demand amid power shortages and heat waves dampening production, figures published by the General Administration of Customs revealed on Wednesday. Exports increased by less-than-expected 7.1 percent on a yearly basis in August. Economists had forecast the annual growth in shipments to ease to 12.8 percent from 18.0 percent.
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vor 1064 Tagen
Bay Street Likely To Open Slightly Up; BoC Rate Decision In Focus
Canadian shares are likely to open slightly up, tracking marginally higher commodity prices. The focus will be on the Bank of Canada's interest rate decision, due shortly after the opening bell.
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vor 1064 Tagen
REV Group Q3 Net Profit More Plunges; Trims FY22 Sales Outlook
REV Group, Inc. (REVG), a manufacturer of specialty vehicles, on Wednesday reported that net income for the third quarter plunged to $9.5 million or $0.16 per share from $23.7 million or $0.36 per share in the prior-year quarter.
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vor 1064 Tagen
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Target Says Brian Cornell Commits To Remain CEO For Approximately Three More Years
Target Corp. (TGT) announced Tuesday that Brian Cornell has committed to remain as CEO and lead the company for approximately three more years. With Cornell's commitment, Target's board of directors eliminated its retirement policy, which was designed to initiate a discussion regarding the possible retirement of its CEO at the age of 65.
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vor 1064 Tagen
BioVie Announces Positive Topline Results From Phase 2 Trial Of NE3107 To Treat Alzheimer's Disease
Clinical-stage company BioVie Inc. (BIVI) announced Wednesday topline results from an investigator-Sponsored Phase 2 clinical trial of NE3107 for the treatment of Alzheimer's Disease (AD).
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vor 1064 Tagen
Indian Shares End Slightly Lower Amid Weak Global Cues
Indian shares ended a tad lower on Wednesday, mirroring weak global cues as solid U.S. services data released overnight reinforced investor expectations for a more aggressive pace of FOMC rate hikes.
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vor 1064 Tagen
European Shares Decline On Growth Worries
European stocks fell on Wednesday after data showed Chinese exports and imports lost momentum in August, adding to headwinds for the world's second-largest economy.
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vor 1064 Tagen
FTSE 100 Declines As Commodity Stocks Drag
U.K. stocks fell on Wednesday as weak Chinese data rekindled fears of an economic downturn in the world's second-largest economy.
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vor 1064 Tagen
CA 40 Slips As Focus Turns To ECB
French stocks fell in cautious trade on Wednesday after official data showed Chinese exports growth slowed sharply in August amid softening global demand.
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vor 1064 Tagen
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