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Dye & Durham Q2 Results Miss Estimates
(RTTNews) - Dye & Durham Ltd. (DND, DND.TO) reported Monday a second-quarter net loss of C$34.8 million, a decrease of C$30.8 million, from the same period in the prior year.
Revenue for the quarter declined 3 percent to C$106.7 million from the same period in the prior year.
On average, analysts polled by Thomson Reuters expected the company to report a loss of $0.02 per share on revenues of $115.11 million for the quarter. Analysts' estimates typically exclude special items.
On Friday, the Board of Directors declared a quarterly dividend of C$0.01875 per share to shareholders of record on February 21, 2023, payable on or about February 28, 2023.
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Dye & Durham Appoints Frank Di Liso As New CFO
Workflow software maker Dye & Durham Ltd. (DND, DND.TO) announced Wednesday that Frank Di Liso has been appointed as the Company's Chief Financial Officer, effective September 23, 2022. Di Liso will be based in Toronto and report directly to CEO Matthew Proud.
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Dye & Durham Trims Offer Price For Link Administration To A$4.30/shr
Dye & Durham Ltd. (DND.TO) announced Monday it has made a revised proposal to the board of directors at Link Administration Holdings Ltd. (LNK.AX) with respect to Dye & Durham's offer to acquire Link Group.
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Korea Interest Rate Decision Due On Thursday
The Bank of Korea will wrap up its monetary policy meeting this morning and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is expected to keep its benchmark lending rate unchanged at 2.50 percent.
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Swiss Franc Advances Against Majors
The Swiss franc climbed against its major counterparts in the New York session on Wednesday.
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European Stocks Close On Mixed Note
European stocks turned in a mixed performance on Wednesday as investors largely stayed cautious, looking ahead to chipmaker Nvidia's quarterly earnings announcement, and continuing to assess the political situation in France.
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Euro Falls Amid Political Uncertainty
The euro weakened against other major currencies in the European session on Wednesday, as trader's concern about the collapse of France's government.
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Bay Street Likely To Open On Positive Note
Canadian shares are likely to open on a positive note on Wednesday, riding on strong earnings from Royal Bank of Canada and National Bank of Canada. Weak commodity prices and concerns on the geopolitical and tariffs front may weigh limit market's upside.
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European Stocks Turning In Mixed Performance
European stocks are turning in a mixed performance on Wednesday as political uncertainty in France, and a lack of any significant positive triggers render the mood cautious. Investors are also awaiting earnings updates from AI major NVIDIA.
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