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Marcus Slips To Loss In Q4
(RTTNews) - 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.
Total revenues for the quarter decreased 3.6 percent to $162.75 million from $169.05 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 $155.26 million for the quarter. Analysts' estimates typically exclude special items.
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Marcus Q4 Net Loss Sharply Narrows
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.
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Win Streak May Continue For Malaysia Stock Market
The Malaysia stock market has moved higher in three straight sessions, collecting more than 15 points or 1 percent in that span. The Kuala Lumpur Composite Index now sits just beneath the 1,635-point plateau and it's expected to see additional support on Wednesday.
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1h 10minuter sedan
Mild Upside Seen For Japan Stock Market
The Japan stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had plunged nearly 2,200 points or 4.2 percent. The Nikkei 225 now rests just above the 50,840-point plateau and it may tick higher again on Wednesday.
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South Korea May Extend Winning Streak
The South Korea stock market has tracked higher in two straight sessions, advancing more than 150 points or 4 percent in that span. The KOSPI sits just above the 4,100-point plateau and it's tipped to open in the green again on Wednesday.
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China Loan Data On Tap For Wednesday
China will on Wednesday release October figures for new loans and money stock, highlighting a light day for Asia-Pacific economic activity.
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Swiss Market Ends On Buoyant Note Amid Hopes Of Striking Deal For Lower Tariffs
The Switzerland market closed on a strong note on Tuesday, gaining in strength consistently after opening modestly higher. Investors picked up stocks amid hopes Switzerland will strike a deal with the U.S. to lower tariffs.
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European Markets Close On Firm Note
European stocks closed on a positive note on Tuesday as the passage of a short-term funding bill late Monday raised the possibility of the longest government shutdown in U.S. history coming to an end soon.
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Bay Street May Open Higher Again
Canadian stocks may open higher on Tuesday, riding on firm commodity prices. The passage of a short-term funding bill late Monday to end the longest government shutdown in U.S. history, is likely to aid sentiment.
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