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E.W. Scripps Slips To Loss In Q4
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(RTTNews) - Media company E.W. Scripps Co. (SSP) reported Friday a net loss attributable to the shareholders for the fourth quarter of $268.34 million or $3.17 per share, compared to net income of $72.97 million or $0.84 per share in the prior-year quarter.
Operating revenue for the quarter declined 9.6 percent to $615.77 million from $680.94 million in the same quarter last year.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $0.15 per share on revenues of $602.0 million for the quarter. Analysts' estimates typically exclude special items.
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Tech Shares May Boost Taiwan Stock Market
The Taiwan stock market headed south again on Tuesday, one day after snapping the two-day slide in which it had slumped more than 220 points or 0.8 percent. The Taiwan Stock Exchange now sits just shy of the 27,950-point plateau although it may find renewed support on Wednesday.
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Singapore Bourse May Extend Winning Streak
The Singapore stock market has climbed higher in six straight sessions, jumping more than 120 points or 2.9 percent along the way. The Straits Times Index now sits just above the 4,450-point plateau and it may add to its winnings on Wednesday.
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Malaysia Shares May Reverse Tuesday's Losses
The Malaysia stock market on Tuesday ended the three-day winning streak in which it had improved more than 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just shy of the 1,615-point plateau, although it's likely to move back to the upside again on Wednesday.
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Mild Upside Anticipated For Japan Stock Market
The Japan stock market on Tuesday ended the two-day winning streak in which it had rallied more than 1,800 points or 3 percent. The Nikkei 225 now rests just shy of the 50,220-point plateau although it's likely to bounce higher again on Wednesday.
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Renewed Support Seen For KOSPI
The South Korea stock market on Tuesday ended the wo-day winning streak in which it had gained almost 200 points or 5 percent on its way to a fresh record closing high. The KOSPI now sits just above the 4,010-point plateau and it's expected to tick higher again on Wednesday.
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Canadian Dollar Advances Against Most Majors
The Canadian dollar firmed against its most major counterparts in the New York session on Tuesday.
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Australia Inflation Data Due On Wednesday
Australia will on Wednesday release Q3 figures for consumer prices, highlighting a light day for Asia-Pacific economic activity.
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Swiss Market Ends Notably Lower; Sika, Novartis Decline Sharply
The Switzerland market kept drifting lower and lower after a weak start on Tuesday and eventually ended the day's session firmly in negative territory.
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