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E.W. Scripps Slips To Loss In Q4
(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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AWS Recovering After Major Outage Hits Companies, Services Worldwide
Amazon Web Services, following a major outage in its cloud computing service across the world, especiallly the United States, started recovering early Monday. AWS, tech major Amazon's cloud hosting provider, had went offline due to a problem with one of its core database products, affecting millions as it hit the websites and apps of major companies and critical services...
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2h 8min ago
Bay Street Likely To Open On Positive Note
Higher U.S. and Canadian futures and rising metal prices point to a positive start on Bay Street Monday morning.
The focus will also be on Canadian economic and earnings data.
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3h 14min ago
European Stocks Broadly Higher; Defense Stocks Move Up
European stocks are broadly higher on Monday, led by gains in the defense sector, amid geopolitical tensions.
Easing concerns about the health of the US banking sector, and expectations of improved trade relations between China and the U.S. contribute to the positive mood in the markets.
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3h 32min ago
FTSE 100 Modestly Higher; Defence Stocks Shine
The UK stock market is modestly higher on Monday, supported by gains in shares of defence and financial companies. In addition to tracking the developments on the geopolitical and trade front, investors are also reacting to some corporate news.
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4h 18min ago
Sensex, Nifty Close Higher For 4th Straight Session
Indian shares closed higher for a fourth straight session on Monday, as encouraging results from Reliance Industries and several banks helped lift sentiment. Easing concerns about U.S.-China trade tensions contributed as well to the positive show by the market.
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4h 34min ago
Asian Markets Close Higher
Asian markets finished trading on a strongly positive note on Monday, tracking the Wall Street rally on Friday linked to easing trade tensions between the U.S. and China.
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5h 6min ago
CAC 40 Turns Weak After Positive Start; BNP Paribas Plunges 10%
French stocks are turning in a mixed performance on Monday with investors tracking corporate news, and digesting S&P Global Ratings' downgrade of France amid fiscal risk and uncertainty surrounding government's finances.
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5h 31min ago
DAX Rises More Than 1% On Easing US Bank Concerns, U.S.-China Relations
German stocks are gaining some notable ground in positive territory on Monday, recovering well from previous session's sharp decline.
Easing concerns about the health of the US banking sector, and expectations of improved trade relations between China and the U.S. contribute to the positive mood in the market.
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5h 59min ago
