TORONTO, May 29- Canada's main stock index edged higher on Monday in light trading volume, as gains for several big banks that reported earnings last week offset losses for resource stocks. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 4.98 points, or 0.03 percent, at 15,421.91. Five of the index's 10 main groups rose.
TORONTO, May 29- Canada's main stock index was barely higher in morning trade on Monday, helped by boosts for several big banks that reported earnings last week and by a gain for plane and train maker Bombardier Inc.. Wheaton Precious Metals Corp fell 1.3 percent to C $27.75 and Goldcorp Inc lost 0.8 percent to C $18.32. BMO Capital upgraded the stock to outperform...
*BOJ's capital adequacy ratio barely above 8 pct. TOKYO, May 29- The Bank of Japan saw interest payments on its huge government bond holdings decline for the first time in five years in the fiscal year that ended in March, a sign that its ultra-loose monetary policy was taking a toll on its financial health. "The BOJ is sacrificing its financial health to sustain its...
JOHANNESBURG, May 29- South Africa's Tongaat Hulett reported a 45 percent rise in full-year earnings on Monday, helped by higher export prices and improved local prices. The sugar producer said basic headline earnings per share, which strips out certain one-off items and is the main profit measure in South Africa, for the year ended March 31 rose to 852.7 cents...
Peter Boardman, NWQ Investment Management Company, says there could be a greater supply of Sharp shares than demand should the company relist on the TSE1.
BEIJING, May 27- Profits earned by Chinas industrial firms in April rose 14.0 percent from a year earlier, the statistics bureau said on Saturday, slowing from the pace in March. Profits in April rose to 572.78 billion yuan, the National Bureau of Statistic said on its website. The data includes large companies with annual revenues of more than 20 million yuan from...
OTTAWA, Ontario _ DragonWave Inc. on Friday reported a loss of $3.9 million in its fiscal fourth quarter. On a per-share basis, the Ottawa, Ontario- based company said it had a loss of 60 cents. For the year, the company reported that its loss narrowed to $15.9 million, or $3.26 per share.
ANAHEIM, Calif. _ Bridgford Foods Corp. on Friday reported fiscal second-quarter net income of $1.3 million. The Anaheim, California- based company said it had profit of 15 cents per share. Keywords: Bridgford Foods, Earnings Report.
BURLINGTON, Ontario _ Pelangio Exploration Inc. on Friday reported first-quarter net income of $60,000. The Burlington, Ontario- based company said it had net income of less than 1 cent on a per-share basis. This story was generated by Automated Insights using data from Zacks Investment Research.
TEL AVIV, Israel _ Bio Blast Pharma Ltd. on Friday reported a loss of $2.7 million in its first quarter. The Tel Aviv, Israel- based company said it had a loss of 16 cents per share. Keywords: Bio Blast Pharma, Earnings Report.
CNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.
WASHINGTON, May 26- The U.S. economy slowed less than initially thought in the first quarter, but softening business investment and moderate consumer spending are clouding expectations of a sharp acceleration in the second quarter. Gross domestic product increased at a 1.2 percent annual rate instead of the 0.7 percent pace reported last month, the Commerce...
Jeremy Siegel, professor of finance at Wharton School of Business, discusses American and European markets in terms of the markets rally. The “Fast Money Halftime Report” traders discuss.
Jeremy Siegel, professor of finance at Wharton School of Business, weighs in on the discussion of whether the markets rally is going into overdrive or if it's overheating. The “Fast Money Halftime Report” traders discuss.
While many retailers are having a hard time growing foot traffic at brick-and-mortar locations, Ulta is bucking the trends.
CNBC's Courtney Reagan takes a look at the results from Ulta, Costco and GameStop as earnings seasons is ending better than it began for the retail sector.
SANTERAMO, Italy _ Natuzzi SpA on Friday reported a loss of $11.7 million in its first quarter. On a per-share basis, the Santeramo, Italy- based company said it had a loss of 21 cents. This story was generated by Automated Insights using data from Zacks Investment Research.
Shares of GameStop fell Friday after the company reported sales declines in almost all of its segments during the fourth quarter.
ENGLEWOOD CLIFFS, N.J. _ Asta Funding Inc. on Friday reported a loss of $5.6 million in its fiscal second quarter. Asta Funding shares have decreased 32 percent since the beginning of the year. Keywords: Asta Funding, Earnings Report.
Some of the names on the move ahead of the open.