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Marcus Q4 Net Loss Sharply Narrows
(RTTNews) - Marcus Corp. (MCS) reported on Thursday that net loss attributable to the company for the fourth quarter sharply narrowed to $1.44 million or $0.05 per share from $9.32 million or $0.30 per share in the prior-year quarter.
Total revenues for the quarter edged down 0.9 percent to $161.53 million from $162.95 million in the same quarter last year.
On average, analysts polled by Thomson Reuters expected the company to report a loss of $0.17 per share on revenues of $154.50 million for the quarter. Analysts' estimates typically exclude special items.
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Marcus Slips To Loss In Q4
Marcus Corp. (MCS) reported on Thursday a net loss attributable to the company of $9.32 million or $0.30 per share for the fourth quarter, compared to net income of $6.44 million or $0.18 per share in the prior-year quarter.
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812 dagar sedan
U.S. Dollar Firms On Deficit Concerns
The U.S. dollar was higher against its most major counterparts in the New York session on Thursday, as treasury yields soared amid concerns about the fiscal impact of President Donald Trump's tax bill.
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2h 33minuter sedan
Swiss Market Ends Notably Lower
After opening modestly down, the Switzerland market kept sliding on Thursday, and despite recovering some lost ground past mid afternoon, ended the day's session on a weak note.
Concerns about U.S. debt, and continued uncertainty about tariff negotiations rendered the mood cautious.
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3h 38minuter sedan
European Stocks Close Weak As U.S. Fiscal Deficit Fuels Growth Concerns
European stocks closed lower on Thursday as rising concerns over U.S. fiscal outlook and a lack of clarity on tariff negotiations rendered the mood cautious, prompting investors to lighten commitments.
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3h 58minuter sedan
Canadian Market Up Marginally At Noon In Cautious Trade
After opening slightly up, the Canadian market slipped into negative territory Thursday morning, but edged up a bit subsequently in cautious trade, with a few stocks from technology and financials sectors posting solid gains.
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5h 14minuter sedan
U.S. Existing Home Sales Unexpectedly See Further Downside In April
Existing home sales in the U.S. unexpectedly saw further downside in the month of April, according to a report released by the National Association of Realtors on Thursday. NAR said existing home sales fell by 0.5 percent to an annual rate of 4.00 million in April after plunging by 5.9 percent to a rate of 4.02 million in March.
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6h 45minuter sedan
U.S. Weekly Jobless Claims Unexpectedly Edge Down To 227,000
A report released by the Labor Department on Thursday unexpectedly showed a slight decline by first-time claims for U.S. unemployment benefits in the week ended May 17th. The Labor Department said initial jobless claims edged down to 227,000, a decrease of 2,000 from the previous week's unrevised level of 229,000. The dip surprised economists, who had expected jobless claims to inch up to 230,000.
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7h 41minuter sedan
U.S. Weekly Jobless Claims Unexpectedly Edge Slightly Lower
A report released by the Labor Department on Thursday unexpectedly showed a slight decline by first-time claims for U.S. unemployment benefits in the week ended May 17th.
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8h 49minuter sedan
