*Cuts 2015 earnings/share forecast to $3.40- $3.70 vs $3.80- $4.00. *Estimates fourth-quarter adjusted earnings/share $0.75- $0.80 vs est $0.93. Woodlands, Texas- based Conn's operates 79 stores in Texas, Louisiana, Arizona, Oklahoma and New Mexico, catering mainly to lower income shoppers.» Read More
A potential warning to stock investors of weaker-than-expected 4Q-2013 earnings is shaping up to be the most negative on record. USA Today reports.
*Slashes full-year EPS view to $0.55- $0.75 from $1.20- $1.50. *Cuts revenue view to $2.15- $2.35 bln from $2.25- $2.45 bln. Dec 5- Farm equipment retailer Titan Machinery Inc slashed its full-year profit forecast as a record corn harvest pulled down prices and left farmers with less money to spend on new tractors and harvesters.
Dec 5- Farm equipment retailer Titan Machinery Inc's quarterly profit more than halved and the company cut its full-year revenue and profit forecasts as equipment sales and margins decline. Titan Machinery's shares fell 11 percent before the bell, after the company said it expected a full-year profit of between $0.55 and $0.75 per share.
Retailers ranging from department store operator Macy's Inc to apparel retailers such as Urban Outfitters are offering huge discounts to help shift stock during what is expected to be the toughest holiday shopping season since 2008..
LONDON, Nov 26- European shares edged lower in early trading on Tuesday, retreating from a one-week high hit the previous session, with Remy Cointreau leading the food and beverages sector lower after issuing a profit warning.
*Cuts 2013 earnings/share forecast to $1.42- $1.47 from $1.50- $1.55. Nov 21- Specialty grocery retailer Fresh Market Inc cut its 2013 earnings forecast for the second time as it battles a weak U.S. consumer spending environment, sending its shares down as much as 16 percent after the bell.
Nov 21- Discount chain Target Corp on Thursday blamed what it called "constrained" U.S. consumer spending for a tepid rise in quarterly comparable sales, and lowered its full-year profit forecast as a Canadian expansion proved costlier than expected.
Nov 21- Discount chain Target Corp on Thursday blamed "constrained" consumer spending for a tepid rise in third-quarter comparable sales, and lowered its full-year profit forecast as a Canadian expansion proved costlier than expected.
Nov 21- Target Corp on Thursday reported comparable sales rose a smaller than expected 0.9 percent in the third quarter, blaming what it called "constrained" consumer spending, and it lowered its full year profit forecast.
Nov 19- Campbell Soup Co, the world's largest soup maker, cut its full-year profit forecast on Tuesday after a drop in demand for its soups and drinks resulted in first-quarter earnings that fell far short of analyst estimates. The company cut its full-year adjusted earnings forecast to between $2.53 and $2.58 per share from $2.55- 2.60.
*Cuts full-year earnings forecast to $4.08- $4.23/ share from $4.15- $4.35. Nov 14- Department store chain Kohl's Corp cut its full-year earnings forecast after reporting lower-than-expected quarterly results as fewer customers visited its stores, leading to a surprise fall in same-store sales.
*Says committed to rebuilding confidence of UK govt. LONDON, Nov 14- Serco, the embattled contractor accused of overbilling the British government, revealed the extent of its problems by announcing heavy one-off charges and a profit warning on Thursday.
*Cuts FY earnings/share view to $4.08- $4.23 from $4.15- $4.35. Nov 14- Department store chain Kohl's Corp cut its full-year earnings forecast after reporting weaker-than-expected third-quarter results due to a surprise fall in same-store sales. The company cut its full year earnings forecast to $4.08- $4.23 per share from $4.15- $4.35.
LONDON, Nov 14- Serco Group Plc, the embattled contractor accused of overbilling the British government, took a raft of charges and warned of lower profits on Thursday as problems in Britain, Australia and the United States began to bite.
*Cuts 2013 earnings forecast to 20- 25 cents/ share from 45- 55 cents. Nov 12- Amedisys Inc reported a surprise quarterly loss due to higher costs per patient visit and lower admissions at its centers, and the home healthcare provider cut its full-year earnings forecast.
Sumitomo Mitsui Financial Group said its first-half net profit increased 53% on the year to 5 billion dollars. Sachiko Kishida reports.
LONDON, Nov 11- The European Bank for Reconstruction and Development cut its growth forecasts for central and eastern Europe and North Africa on Monday, citing weak demand for their exports and unfinished reforms. "Inflation has slowed, particularly in central and southeastern Europe.
LONDON, Nov 11- The European Bank for Reconstruction and Development cut its 2013 and 2014 growth forecasts for central and eastern Europe and North Africa on Monday, citing weak external demand and unfinished structural reforms. The EBRD's forecasts for its regions of operation included a drop of half a percentage point for the biggest economy, Russia.
*Auto gain after Peugeot says French car registrations rise. *Airlines fall as Ryanair warns on profits. Autos performed strongly after Peugeot said French car registrations rose in October, while airlines fell on a profit warning from Ryanair.
LONDON, Nov 4- European shares rose on Monday, with sentiment buoyed by increased expectations the European Central Bank will strike an equities-friendly dovish tone at a policy meeting this week. That follows a surprise drop in euro zone inflation to 0.7 percent in the year to October, well below the ECB's target of just under 2 percent.