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Tilray Q3 Results Miss Estimates
(RTTNews) - Cannabis cultivator Tilray, Inc. (TLRY, TLRY.TO) reported Tuesday a third-quarter net loss attributable to stockholders of Tilray of $104.98 million or $0.12 per share, sharply narrower than a net loss of $1.21 billion or $1.90 per share in the prior-year quarter.
On average, 30 analysts polled by Thomson Reuters expected the company to report a loss of $0.05 per share for the quarter. Analysts' estimates typically exclude special items.
Net revenue for the quarter increased 29 percent to $188.34 million from $145.59 million in the same quarter last year. Analysts were looking for revenues of $198.50 million for the quarter.
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Sensex, Nifty Open Higher On Trade Deal Hopes
Indian shares opened on a positive note Friday after Sergio Gor, a close Trump aide and director of the White House Presidential Personnel Office, said that despite recent disagreements over tariffs and India's purchases of Russian oil, the U.S.-India relationship continues to be "warm and strategically important."
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1 minut temu
European Economic News Preview: UK GDP & Foreign Trade Data Due
GDP and foreign trade from the UK and final inflation from France and Spain are due on Friday, headlining a busy day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and external trade figures. The British economy is expected to stagnate in July after rising 0.4 percent in June.
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2 minut temu
Australian Market Extends Early Gains In Mid-market
The Australian stock market is extending its early gains in mid-market moves on Friday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level, with gains across most sectors led by mining and technology stocks. Energy stocks were the only weak spot.
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1g 26 minut temu
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, as weaker than expected U.S. consumer price inflation and producer price inflation data as well as recent downbeat monthly jobs data have reinforced expectations of a US Fed rate cut at next week's meeting. Asian markets ended mixed on Thursday.
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1g 49 minut temu
Sensex, Nifty Seen Up As Infosys Unveils Record Rs. 18,000 Crore Share Buyback
Indian shares look set to open higher on Friday as overnight inflation and labor market data added to recent optimism about the outlook for U.S. interest rates.
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2g 16 minut temu
Higher Open Called For Thai Stock Market
The Thai stock market has moved higher in five straight sessions, adding more than 35 points or 2.9 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,290-point plateau and it's expected to extend its gains on Friday.
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2g 49 minut temu
Indonesia Shares Tipped To Open In The Green
The Indonesia stock market has moved higher in consecutive trading days, advancing almost 120 points or 1.5 percent in that span. The Jakarta Composite Index now rests just beneath the 7,750-point plateau and it's likely to open to the upside again on Friday.
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3g 19 minut temu
Japanese Market Notably Higher
Extending the gains in the previous two sessions, the Japanese market is notably higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 44,600 level, with gains in automakers, financial and technology stocks.
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3g 28 minut temu
