Stocks & ETFs

S&P 500 Rises 1.5% This Week to Four-Month High

S&P 500 Rises 1.5% This Week to Four-Month High

July 14, 2018 at 4:50 am

The Standard & Poor’s 500 index rose 1.5% to the highest in more than four months this week as investors focused on strong gains in technology stocks and mostly ignored concerns about the escalating trade spat between the US and China. The benchmark index ended the week at 2,801.31, up from last week’s close of 2,759.82. Facebook (FB) shares roseRead More

Bodycote Sees Higher-Than-Expected Revenue

Bodycote Sees Higher-Than-Expected Revenue

June 4, 2018 at 1:52 pm

Bodycote (BOY.L), a British engineering firm, said early Wednesday that it expects full-year revenue and headline operating profit to be higher than previously estimated, after strong growth in its automotive and industrial business underpinned a jump in first-quarter group sales. Total revenue for the four months that ended April 30 stood at 243 million pounds ($322.5 million), up 7% fromRead More

Michael Kors Beats Q4 Street Views

Michael Kors Beats Q4 Street Views

June 4, 2018 at 1:51 pm

Michael Kors (KORS) topped Street expectations Wednesday by reporting fiscal Q4 earnings and revenue above Street views, but issued an outlook for flat fiscal 2019 comparable sales. Michael Kores traded down 6.2% pre-bell. The purveyors of fashion luxury reported fiscal Q4 ended March 31 adjusted EPS of $0.63, down from $0.73 reported a year earlier, but still above the $0.60Read More

Amicus Launches Fabry Disease Drug Galafold in Japan

Amicus Launches Fabry Disease Drug Galafold in Japan

June 4, 2018 at 1:46 pm

Amicus Therapeutics (FOLD), a biotechnology company, said early Wednesday it has started selling its Galafold treatment for Fabry disease in Japan. Galafold has previously been approved for use in the European Union, Australia, Canada, Israel, South Korea, Switzerland and is pending approvals in the US and Taiwan. The drug also has reimbursement coverage in 19 countries.

Eldorado Gold Slightly Higher Pre-Bell After Updates on Mines Status

Eldorado Gold Slightly Higher Pre-Bell After Updates on Mines Status

June 4, 2018 at 1:45 pm

Eldorado Gold (EGO) was slightly higher in recent pre-market trade after providing updates on the permitting status of several mines late Tuesday. The company said the plan for its Tocantinzinho, Brazil project was currently undergoing an optimization phase to improve capital costs and the economics of the project. The company said its board would assess next steps for the projectRead More

RELX Group’s LexisNexis Risk Solutions Teams Up With Temple Grange Partners

RELX Group’s LexisNexis Risk Solutions Teams Up With Temple Grange Partners

June 4, 2018 at 11:32 am

RELX Group’s (RELX) LexisNexis Risk Solutions, a provider of business information and risk analytics, joined forces with Temple Grange Partners, a risk, regulatory and compliance consultancy firm to strengthen their analytics capabilities, comprehensive compliance services for information and analytics content and consultancy advisory, program implementation services. “While compliance as a discipline relies on seasoned and practitioner-based advice, technology and analyticsRead More

Flowers Foods Posts Fiscal Q1 EPS Below Street View

Flowers Foods Posts Fiscal Q1 EPS Below Street View

May 21, 2018 at 1:19 pm

Flowers Foods (FLO) shares fell more than 1% in extended trading on Wednesday after the provider of bakery products reported fiscal Q1 earnings that missed Wall Street expectations. Adjusted EPS increased to $0.30, in the 16-week Q1 ended April 21, from $0.25 in the year-ago period. That lagged behind the $0.31 average estimate of analysts surveyed by Capital IQ. FiscalRead More

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