Some of the names on the move ahead of the open.» Read More
U.S. stocks closed about 1 percent lower as investors eyed renewed strength in the dollar and data that could strengthen the case for a rate hike.
Some of the names on the move ahead of the open.
Check out the companies making headlines after the bell Tuesday: Yahoo, Analog Devices, Etsy & more.
May 19- Autodesk Inc, which makes computer-aided design software, forecast lower-than-expected profit and revenue for the second quarter, citing a stronger dollar. Autodesk, which gets nearly two-thirds of its revenue from outside the Americas, projected currency rate fluctuations to hit revenue growth by 5 percentage points for the year ending Jan. 31.
May 19- Autodesk Inc, which makes computer-aided design software, reported a 32.5 percent fall in quarterly profit, hurt by an increase in operating expenses and cost of revenue. The company's net income fell to $19.1 million, or 8 cents per share, in the first quarter ended April 30, from $28.3 million, or 12 cents per share, a year earlier. Revenue increased to $646.5...
U.S. stocks closed mixed on Tuesday as investors eyed renewed gains in yields and the dollar ahead of the Federal Reserve meeting minutes
*Dow component Wal-Mart falls after results. May 19- U.S. stock were set to open higher on Tuesday after the European Central Bank suggested it would speed up bond buying, and investors shrugged off weak earnings from Wal-Mart. "The ECB's announcement to front-load its asset buying program certainly sparked the European markets and that's spilling over into the...
*Dow component Apple's shares rose 0.43 percent to $130.75 in premarket trading, a day after investor Carl Icahn said the stock was "still dramatically undervalued." *Wal-Mart fell 2.21 percent to $78.15 after the company reported lower-than-expected U.S. same-store sales growth. *Urban Outfitters was down 16.5 percent at $34 after it reported quarterly sales...
Wednesday's Fed minutes along with housing data might cause turbulence.
Next week's Fed minutes along with housing data might cause turbulence.
LONDON, April 17- Money raised through stock market listings in western Europe has hit a 15- year high so far this year, despite a slight fall in the number of deals, Thomson Reuters data showed on Friday. Western Europe has been the source of almost half of cash raised globally from flotations, while the Americas accounted for just 15 percent. Four major deals...
*Deal could be worth up to 1.2 bln euros- sources. FRANKFURT, April 16- German women's fashion group CBR, known for its Street One and Cecil brands, has been earmarked for sale by its private equity owner EQT this year in a potential 1.2 billion euro deal, two people familiar with the matter said. Fashion retail groups such as H&M, Inditex, Next, Marks and Spencer, Fast...
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