Tilray Q3 Results Miss Estimates
(RTTNews) - Cannabis cultivator Tilray, Inc. (TLRY, TLRY.TO) reported Tuesday a third-quarter net loss attributable to stockholders of Tilray of $104.98 million or $0.12 per share, sharply narrower than a net loss of $1.21 billion or $1.90 per share in the prior-year quarter.
On average, 30 analysts polled by Thomson Reuters expected the company to report a loss of $0.05 per share for the quarter. Analysts' estimates typically exclude special items.
Net revenue for the quarter increased 29 percent to $188.34 million from $145.59 million in the same quarter last year. Analysts were looking for revenues of $198.50 million for the quarter.
read more
Sensex, Nifty Set To Drift Lower As Oil And Bond Yields Spike
Indian shares may drift lower on Wednesday as investors react to a big surge in oil prices overnight and a jump in U.S. Treasury yields to multi-week highs.
RTTNews
|
hace 4h 50min
Steady Start Anticipated For Thai Stock Market
The Thai stock market turned lower again on Tuesday, one say after ending the four-day losing streak in which it had dropped almost 20 points or 1.4 percent. The Stock Exchange of Thailand now sits just above the 1,360-point plateau and it's expected to see little movement on Wednesday.
RTTNews
|
hace 5h 15min
Japanese Market Notably Lower
The Japanese stock market is notably lower on Wednesday after opening in the green, extending the slight losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling to stay a tad above the 38,700 level, with weakness in some index heavyweights amid a spike in global bond yields.
RTTNews
|
hace 5h 25min
Australia Construction Work Slumps 2.9% In Q1
The value of total construction work done in Australia was down a seasonally adjusted 2.9 percent on quarter in the first quarter of 2024, the Australian Bureau of Statistics said on Wednesday - coming in at A$64.032 billion.
RTTNews
|
hace 5h 30min
Soft Start Predicted For Indonesia Stock Market
The Indonesia stock market has finished higher in two of three trading days since the end of the two-day slide in which it had stumbled more than 130 points or 1.9 percent. The Jakarta Composite Index now sits just above the 7,250-point plateau although it may head south again on Wednesday.
RTTNews
|
hace 5h 45min
Australian Market Significantly Lower
Australian shares are trading significantly lower on Wednesday, extending the losses in the previous six sessions, with the benchmark S&P/ASX 200 falling to stay a tad above the 7,700 level, following the mixed cues from Wall Street overnight, with weakness across most sectors led by mining and financial stocks.
RTTNews
|
hace 5h 57min
Hong Kong Shares May Be Stuck In Neutral On Wednesday
The Hong Kong stock market moved lower again on Tuesday, one day after halting the four-day slide in which it had plummeted more than 1,030 points or 5.5 percent. The Hang Seng Index now sits just above the 18,820-point plateau and it's likely to open slightly lower on Wednesday.
RTTNews
|
hace 6h 0min
China Shares Likely Rangebound On Wednesday
The China stock market headed south again on Tuesday, one day after ending the two-day losing streak in which it had slumped almost 70 points or 2.2 percent. The Shanghai Composite Index now sits just above the 3,110-point plateau and it's expected to see little movement on Wednesday.
RTTNews
|
hace 6h 15min
