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Shaw Communications Q4 Profit Declines 33%
(RTTNews) - Shaw Communications Inc. (SJR) announced Tuesday that fourth-quarter net income declined to C$169 million or C$0.34 per share from C$252 million or C$0.50 per share in the prior-year quarter.
Consolidated revenue for the quarter edged down 1.5 percent to C$1.36 billion from C$1.38 billion in the same quarter last year.
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Australian Market Slightly Trims Early Losses In Mid-market
The Australian market is slightly trimming its early losses in mid-market moves on Thursday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,350 level, with weakness across most sectors led by and technology and energy stocks. Gold miners are the only bright spot.
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6 minutes ago
Asian Markets Tracks Wall Street Lower
Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from Wall Street overnight, amid rising treasury yields on concerns about the fiscal impact of a new U.S. tax bill on the country's deficit. The lack of clear progress on new trade deals is also weighing on the markets. Asian markets closed mostly higher on Wednesday.
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27 minutes ago
Sensex, Nifty Set To Open Lower After US Selloff
Indian shares may open lower on Thursday as investors react to escalating geopolitical tensions, rising U.S. Treasury yields and a lack of progress on U.S. trade talks with partners.
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54 minutes ago
Soft Start Anticipated For Thai Stock Market
The Thai stock market has alternated between positive and negative finishes through the last 11 trading days since the end of the five-day winning streak in which it had advanced more than 50 points or 4.3 percent. The Stock Exchange of Thailand now sits just beneath the 1,180-point plateau and it may tick lower again on Thursday.
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1h 26min ago
Japanese Market Notably Lower
The Japanese market is trading notably lower on Thursday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 37,100 level, with weakness across most sectors led by index heavyweights and technology stocks.
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1h 56min ago
Indonesia Bourse May Hand Back Wednesday's Gains
The Indonesia stock market bounced higher again on Wednesday, one day after snapping the five-day winning streak in which it had rallied more than 310 points or 4.5 percent. The Jakarta Composite Index now rests just above the 7,140-point plateau, although it may head south again on Thursday.
The global forecast for the Asian markets is negative on concerns over rising bond yields. The European markets were mixed and the U.S. bourses were sharply lower and the Asian markets also figure to open under pressure.
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1h 56min ago
Lower Open Called For Hong Kong Stock Market
The Hong Kong stock market has finished higher in consecutive trading days, accelerating almost 500 points or 2.2 percent along the way. The Hang Seng Index now sits just above the 23,825-point plateau, although it's likely to run out of steam on Thursday.
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2h 11min ago
Australian Market Notably Lower
The Australian market is trading notably lower on Thursday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,300 level, with weakness across most sectors led by and technology stocks. Gold miners are the only bright spot.
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2h 14min ago
