European Stock Markets Narrowly Mixed

European Stock Markets Narrowly Mixed

European stock markets are narrowly mixed. The DAX is closed as Germany celebrates Unification day, which made for somewhat quieter trading conditions. The French CAC 40 managed a 0.21% gain as of 10:08 AM GMT, the Spanish IBEX has fallen back into negative territory and lost a further 0.38%, as Catalonia conflicts continues to weigh on sentiment. The Euro Stoxx 50 is down 0.01%, against a 0.06% rise in the […]

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Daktronics Fiscal Q1 Results Top Views

Daktronics Fiscal Q1 Results Top Views

Daktronics, a supplier of electronic scoreboards, reported Tuesday fiscal Q1 net profit of $0.19 per share, up from $0.13 per share in the prior year period and higher than the $0.13 per share Street estimate provided by Capital IQ. Net sales for the quarter ended July 29 were $172.7 million, up from $157.1 million reported for the same period last year and higher than the $165 million Street estimate. “We […]

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Clarkson Posts Double Digit Growth in First Half Earnings

Clarkson Posts Double Digit Growth in First Half Earnings

British shipping services provider Clarkson posted double digit growth in its earnings in the first half of the year as an increase in spot-broking revenues helped to offset ongoing low freight rate levels. The company, which was founded in 1852 and provides shipbroking, investment banking and research services, said that diluted earnings per share adjusted for acquisition-related costs rose to 50.7 pence ($0.66) from 41.3 pence in the six months […]

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Pearson Turns to Profit in H1

Pearson Turns to Profit in H1

Pearson American depository receipts were slightly lower in recent pre-market trade after the company reported improved results for the first half of 2017 while reiterating its guidance for the year and as it said it plans to cut 3,000 jobs. Adjusted earnings were GBP0.06 ($0.07), compared to adjusted loss of GBP0.01 a year ago and was better than the GBP0.01 estimate from a single analyst polled by Capital IQ. Revenues […]

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Caterpillar Q2 Results Top Estimates

Caterpillar Q2 Results Top Estimates

Caterpillar shares were 5% higher in Tuesday’s pre-market session after the heavy equipment manufacturer reported financial results for Q2 that topped analysts’ estimates and raised its full year guidance. Q2 adjusted net profit was $1.49 per share, up from $1.09 per share in the prior year period and came in higher than the $1.26 per share Street estimate provided by Capital IQ. Revenues were $11.33 billion, up from $10.34 billion […]

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