Miles Roberts, CEO of DS Smith, says business conditions in Europe will remain difficult.
DETAILS: The company, which is based in Columbus, Ohio, operates Bob Evans restaurants and owns BEF Foods, which produces pork sausages, refrigerated side dishes and frozen convenience food. NUMBERS: Net income fell to $6.1 million, or 23 cents per share, in the three months ending Oct. 25.
NEWS: Christopher& Banks Corp. shares jumped Wednesday after the women's clothing company reported that its fiscal third-quarter profit more than doubled. NUMBERS: Net income rose to $8.6 million, or 23 cents per share, for the quarter that ended Nov. 2, from $3.6 million, or 10 cents per share, in its third quarter last year.
Daniel Lieberman, Cory Vines CEO, discusses his company's business model and how they have capitalized on Lululemon's mistakes.
Rick Snyder, Maxim Group senior retail analyst, discusses the struggles for JC Penney, and what can be done to turn the department store around. "The JCP recovery cannot happen" without increased traffic, Snyder adds.
NEWS: G-III Apparel's fiscal third-quarter net income climbed 23 percent, benefiting from strong results from its specialty retail and wholesale businesses. G-III Apparel Group Ltd. sells clothing and accessories under brands such as Marc New York. NUMBERS: For the three months ended Oct. 31, G-III Apparel earned $59.4 million, or $2.85 per share.
JEFFERSON CITY, Mo.-- Missouri budget officials say the state's tax revenues have increased 2.2 percent through the first five months of the current fiscal year. The Office of Administration reported Tuesday that net general revenue totaled $3.11 billion from July 1 through the end of November, compared with $3.04 billion in the same period a year earlier.
It lowered its full-year earnings forecast and provided a fourth-quarter earnings outlook below Wall Street's view. Chairman and CEO Michael Weiss said in a statement that Express planned for a promotional holiday season but it anticipates promotions getting more intense.
Some of the names on the move ahead of the open.
LONDON, Dec 4- Standard Chartered warned that 10 years of record earnings are likely to end this year, with profit set to fall because of losses in Korea, a slowdown in its key Asian markets and tougher regulations.
Guy Berruyer, CEO of Sage Group, says the business will see growth when businesses begin to update their outdated software.
Markets are getting a little choppy. Good thing Jim Cramer knows how to navigate these waters.
NEW YORK-- NEWS: OmniVision Technologies said Tuesday its net income more than doubled in the fiscal second quarter, but its shares slumped after the company's guidance fell short of Wall Street expectations. NUMBERS: OmniVision said its net income rose to $26.3 million, or 47 cents per share, from $10.3 million, or 19 cents per share.
NEWS: United Natural Foods said Tuesday its net income rose 29 percent in the fiscal first quarter as sales improved and it was free of a one-time charge that weighed its year-ago results. NUMBERS: United Natural Foods said its net income rose to $27.8 million, or 56 cents per share, from $21.5 million, or 43 cents per share.
William Ackman's flagship Pershing Square fund posted gains in November and the year, even as Herbalife lost more money.
Brian White, Cantor Fitzgerald, and Max Wolff, ZT Wealth senior analyst, debate if Apple is worth buying on the surge. White says Apple is extremely cheap. Wolff is skeptical of Apple's innovation.
CNBC's Josh Lipton explains why Apple is shining while the rest of Wall Street is seeing red. Lipton says the iPad Mini was the top seller at Wal-Mart and its iPad Air was tops at Target on Black Friday.
*Canada's No. 4 bank is first to report quarterly results. TORONTO, Dec 3- Quarterly earnings at Bank of Montreal rose 1 percent due to stronger wealth management profit, and Canada's No. 4 bank raised its dividend, but its shares fell on Tuesday on the back of a sluggish performance at its U.S. Harris Bank unit.
NEWS: Isle of Capri Casinos returned to a profit in its fiscal second quarter, helped by a favorable ruling on litigation in Greece. NUMBERS: For the three months ended Oct. 27, Isle of Capri Casinos Inc. earned $8 million, or 20 cents per share.
Dec 3- Exhibitions organiser ITE Group Plc's full-year profit beat expectations, helped by contributions from acquisitions and a jump in third-quarter revenue.