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U.S. Consumer Confidence Index Unexpectedly Drops For Second Straight Month
A report released by the Conference Board on Tuesday showed U.S. consumer confidence unexpectedly decreased for the second consecutive month in February. The Conference Board said its consumer confidence index slid to 102.9 in February from a downwardly revised 106.0 in January.
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812天前
Kohl's Appoints Dave Alves As President And COO
Department store chain Kohl's Corp. (KSS) announced Tuesday that 30-year retail veteran Dave Alves has been named its President and Chief Operating Officer, reporting to CEO Tom Kingsbury, effective in April.
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812天前
FINMA Concludes Proceedings Against Credit Suisse Related To Lex Greensill And His Companies
The Swiss Financial Market Supervisory Authority or FINMA, announced Tuesday it has concluded its enforcement proceedings against Credit Suisse Group (CS) in connection with its business relationship with financier Lex Greensill and his companies.
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812天前
Palatin Technologies Says USPTO Issues Patent On Vyleesi For Hypoactive Sexual Desire Disorder
Biopharmaceutical company Palatin Technologies, Inc. (PTN) announced Tuesday that the United States Patent and Trademark Office issued U.S. Patent No. 11,590,209, titled "Use of Bremelanotide in Patients with Controlled Hypertension."
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812天前
Cracker Barrel Guides FY23 Well Above Estimates; Declares Dividend - Update
While reporting financial results for the second quarter on Tuesday, Cracker Barrel Old Country Store, Inc. (CBRL) said it anticipates revenue growth of 7 to 9 percent for the full-year 2023.
On average, nine analysts polled by Thomson Reuters expect the company to report net sales growth of 4.5 percent to $3.64 billion for the quarter.
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812天前
Norwegian Cruise Line Q4 Adj. Loss Wider Than Estimates
Norwegian Cruise Line Holdings Ltd. (NCLH) reported Tuesday that its net loss for the fourth quarter sharply narrowed to $482.48 million or $1.14 per share from $1.57 billion or $4.01 per share in the prior-year quarter.
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812天前
French Inflation Bounces Back, Household Spending Rises On Higher Energy Bills
Reflecting acceleration in food and services prices, France consumer price inflation bounced back to a three-month high in February and consumer spending rebounded due to the scaling back of state support for energy bills, separate releases from the statistical office INSEE revealed Tuesday. Despite the energy crisis, the French economy avoided a contraction in the fourth quarter.
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812天前
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AutoZone Q2 Results Top Estimates
Automotive replacement parts retailer AutoZone, Inc. (AZO) reported Tuesday that net income for the second quarter grew to $476.54 million or $24.64 per share from $471.76 million or $22.30 per share in the year-ago quarter.
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812天前
International Game Technology Guides Q1, FY23 Revenue In Line - Update
While reporting financial results for the fourth quarter on Tuesday, International Game Technology Plc (IGT) said it expects revenues for the first quarter of about $1.0 billion and revenue outlook for the full-year 2023 in the range of $4.1 billion to $4.3 billion.
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812天前
Target Q4 Results Top Estimates; Sees Q1, FY23 Earnings Below Market
Discount retailer Target Corp. reported Tuesday weak earnings in its fourth quarter, while adjusted earnings and top line beat market estimates. Looking ahead, the Minneapolis-based company projects earnings for the first quarter and fiscal 2023 below the Street view. In pre-market activity on the NYSE, Target shares were gaining around 3 percent.
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812天前
Advance Auto Parts Guides FY23 EPS Below Estimates - Update
While reporting financial results for the fourth quarter on Tuesday, automotive aftermarket parts provider Advance Auto Parts Inc. (AAP) initiated earnings, net sales and comparable store sales growth guidance for the full year 2023.
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812天前
Euro Appreciates Amid Hot Inflation Data
The euro climbed against its most major rivals in the European session on Tuesday, as inflation figures from France and Spain came in hotter than expected for February.
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812天前
Swiss Economy Stagnates In Q4
Despite the moderate growth in consumer spending, Switzerland's economy stagnated at the end of 2022 as the challenging global conditions curtailed exports and manufacturing output. Gross domestic product logged a flat sequential growth in the fourth quarter after expanding 0.2 percent in the previous three months, the State Secretariat for Economic Affairs, or SECO, said Tuesday.
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812天前
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