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Lindsay Q2 EPS Tops Estimates, But Revenues Miss
(RTTNews) - Lindsay Corp. (LNN) reported on Tuesday that net earnings for the second quarter increased to $18.05 million or $1.63 per share from $14.57 million or $1.32 per share in the prior-year quarter.
Total operating revenues for the quarter declined 17 percent to $166.24 million from $200.14 million in the same quarter last year.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $1.53 per share on revenues of $188.27 million for the quarter. Analysts' estimates typically exclude special items.
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Lindsay To Invest Over $50 Mln In Next Two Years In Manufacturing Facility In Lindsay
Lindsay Corp. (LNN) announced Wednesday plans to invest more than $50 million over the next two years in its largest global manufacturing facility located in Lindsay, Nebraska.
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South Korea Has $14.27 Billion Current Account Surplus
South Korea had a current account surplus of $14.27 billion in June, the Bank of Korea said on Thursday - up from $10.14 billion in May.
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Malaysia Shares Tipped To Open To The Upside
The Malaysia stock market has moved higher in two straight sessions, collecting almost 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,540-point plateau and it's got another green light for Thursday's trade.
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Japan Stock Market May Crack Resistance At 41,000 Points
The Japan stock market has moved higher in back-to-back sessions, advancing more than 500 points or 1.2 percent along the way. The Nikkei 225 now sits just shy of the 40,800-point plateau and it's tipped to open in the green again on Thursday.
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Win Streak May Continue For South Korea Shares
The South Korea stock market has moved higher in three straight sessions, advancing almost 80 points or 2.7 percent along the way. The KOSPI now sits just shy of the 3,200-point plateau and it may add to its winnings again on Thursday.
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China Trade Data On Tap For Thursday
China will on Thursday release July figures for imports, exports and trade balance, highlighting a busy day for Asia-Pacific economic activity.
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U.S. Dollar Drops Against Majors
The U.S. dollar weakened against its major counterparts in the New York session on Wednesday.
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Swiss Market Ends Notably Lower
Save for a few minutes about an hour after the opening bell, the Switzerland market stayed weak on Wednesday with several stocks reeling under selling pressure.
Investors were cautious amid concerns about the impact of U.S. tariffs, and Donald Trump's fresh threat that his government might consider imposing tariffs on chips and pharmaceuticals.
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