Insteel Industries Q4 Profit Plunges

RTTNews | 680 dagar sedan
Insteel Industries Q4 Profit Plunges

(RTTNews) - Insteel Industries Inc. (IIIN) announced Thursday that net income for the fourth quarter plunged to $5.6 million or $0.29 per share from $24.3 million or $1.24 per share in the prior-year quarter.

Net sales for the quarter decreased 24.3 percent to $157.5 million from $208.0 million in the same quarter last year.

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Insteel Industries Q3 Net Profit Declines

Insteel Industries Q3 Net Profit Declines

Insteel Industries Inc. (IIIN) announced Thursday that net income for the third quarter declined to $6.57 million or $0.34 per share from $10.57 million or $0.54 per share in the prior-year quarter.
RTTNews | 407 dagar sedan
Swiss Market Ends Modestly Lower

Swiss Market Ends Modestly Lower

Save for a very brief while early on in the session, and for less than an hour a little past mid afternoon, the Switzerland market stayed in negative territory on Friday with investors largely staying cautious due to a lack of positive triggers.
RTTNews | 12 minuter sedan
European Stocks Close Lower On Geopolitical Tensions

European Stocks Close Lower On Geopolitical Tensions

European stocks closed lower on Friday, weighed down by geopolitical concerns due to rising clashes in Gaza and Ukraine, and political uncertainty in France. Investors also digested the latest batch of economic data, including the closely watched U.S. personal consumption expenditure report.
RTTNews | 41 minuter sedan
Chicago Business Barometer Slumps Much More Than Expected In August

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.
RTTNews | 3h 44minuter sedan
U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.
RTTNews | 4h 27minuter sedan
German Unemployment Exceeds 3 Mln

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1
RTTNews | 4h 57minuter sedan