India Movers: Everonn Education, Mahindra Satyam, Steel Authority
Atlanta rose 1% after it won contract to build highway in Assam. Everonn Education soared 17%. Mahindra Satyam agreed to pay $125 million to settle US shareholder litigation. Steel Authority of India is looking to set up a steel plant in Mongolia worth...
Sensex in 3-day Rally Gains 4.5%, Tata Motors Up
Mumbai stocks extended gains for the third day and rebounded 4.5%. The Sensex index has declined 15% form the peak in the first week in January. LIC Housing surged after a government controlled fund resumed investing. Tata Motors global sales rose 16% ...
China Differentiates Bank Reserves Ratios; Weekly Drop of 4.5% in HK Index
Hong Kong stocks lost 4.5% in the week. Property developers were in focus after Shanghai new home sales in December declined 25%, however 84 new projects are expected to start this year. China differentiated reserve requirements for small and large ban...
Costco Q1 Earnings Call Transcript
The membership warehouse club operator net sales increased 11% to $18.82 billion in the quarter. Net income for the quarter rose 17.3% to $312 million. Earnings grew to 71 cents per diluted share, compared to 60 cents per diluted share in the year-ag...
AnnTaylor Q3 Earnings Call Transcript
The women''s specialty retailer net quarterly sales increased 9% to $505.28 million on comparable-store sales rise of 11.7%. Net income in the quarter surged 1069% to $24.20 million. Earnings soared to 41 cents per share compared to 3 cents per share...
UBS Q3 Earnings Call Transcript
The financial services company reported total operating income increased 15% to Sfr6.658 billion from last year''s Sfr5.766 billion. The company generated net profit of Sfr1.664 billion or Sfr0.43 per share compared to a loss of Sfr564 million or Sfr0....
DSW Q3 Earnings Call Transcript
The specialty footwear retailer net quarterly sales improved 10% to $489.3 million. Net income in the quarter surged 33% to $35.5 million, primarily reflecting sales growth. Earnings grew to 79 cents per share as against 60 cents per share last year.
Hartford Financial Services Q3 Earnings Call Transcript
The insurer quarterly revenues increased 28% to $6.67 billion. Net income generated in the quarter was $666 million or $1.34 per diluted share, compared to a net loss of $220 million or 79 cents per share in the prior-year quarter.
BJ’s, Chico’s, Target Net Rise, Warner Music Net Falls
BJ''s third quarter net sales rose 4.8%. Chico''s net income increased 27%. Sina Corp. Net income in the quarter surged 87%. Target earnings in the quarter rose 23% to $535 million. Warner Music Group fourth quarter total revenues decreased 13%.
Home Depot, Wal-Mart Net Rises, Nash-Finch Sales Fall
Dick’s Sporting Goods third quarter net sales increased 9%. Home Depot net sales increased 1.4% to $16.6 billion. Nash-Finch third quarter sales tumbled 7.5% to $1.51 billion. Saks third quarter revenues soared 4.3% to $658.8 million. Wal-Mart third ...
Amtech, Lowe’s, Westwood One Revenues Rise
Amtech Systems fourth quarter net revenue surged three fold to $45.4 million. Diana Shipping third quarter revenue increased to $71.61 million. Lowe’s third quarter net sales increased 1.9% to $11.6 billion. Westwood One third quarter net revenue ros...
India Movers: Autoline, Jamna Auto, Lumax, Man, Rishi Laser
Stock in Mumbai slumped. Autoline Industries gained 1.8% after net profit increased 115%. Jamna Auto Industries soared 10.6% after net profit surged 107%. Lumax Auto Technologies increased 4.1% after net profit gained 124.4%. Man Industries advanced 2....
