Brazilian state-run oil firm Petrobras missed fourth-quarter expectations but posted a record profit for 2019, as the firm's current strategy of focusing on deepwater production and exiting non-core activities shows signs off paying off.
Former Mexican President Enrique Pena Nieto is being investigated as part of a corruption probe by Mexican law enforcement, the Wall Street Journal reported on Wednesday.
The impact of the coronavirus outbreak in China on U.S. economic growth will be negligible and short-lived, according to economists in a Reuters poll who nonetheless now say risks to their forecasts are skewed more to the downside.
(RTTNews) - The Singapore stock market on Wednesday ended the four-day losing streak in which it had fallen almost 30 points or 0.9 percent. The Straits Times Index now rests just beneath the 3,215-point plateau and it may find additional support on Thursday.
Community Health Systems (CYH) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of a loss of $0.48 per share. This compares to loss of $0.42 per share a year ago. These figures are adjusted for non-recurring items.
Five9 (FIVN) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.23 per share a year ago. These figures are adjusted for non-recurring items.
Magnachip (MX) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.10 per share a year ago. These figures are adjusted for non-recurring items.
Oil States International (OIS) came out with a quarterly loss of $0.17 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.19 per share a year ago. These figures are adjusted for non-recurring items.
Amerisafe (AMSF) came out with quarterly earnings of $1.70 per share, beating the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $1.07 per share a year ago. These figures are adjusted for non-recurring items.
Analog Devices Inc forecast second-quarter revenue below analysts' estimates on Wednesday, as the U.S. chipmaker braced for a $70 million hit related to the coronavirus outbreak.
Expectations were high going into Five9's (NASDAQ: FIVN) fourth-quarter update, but the cloud-based contact center specialist still delivered. The company's revenue and adjusted earnings per share both crushed analyst estimates, as strong growth was once again fueled by large en
(RTTNews) - Trinity Industries, Inc. (TRN) announced, for the full year 2020, the company anticipates earnings per share of between $1.15 and $1.35 and top line revenues of between $2.5 billion and $2.7 billion.
Boston Beer (NYSE: SAM) on Wednesday announced robust sales growth for the fiscal fourth quarter. The owner of beer franchises like Samuel Adams and Dogfish Head also predicted more growth ahead in 2020 even as competition is ramping up against its most popular brands.
What happened
Shares of Carvana (NYSE: CVNA), an online car buying and financing platform also known for its giant car vending machines, were surging 15% higher Wednesday with no direct news about the company. Here's why a short squeeze could be happening.
(RTTNews) - The Cheesecake Factory Inc. (CAKE) reported fourth-quarter adjusted earnings per share of $0.58 compared to $0.63, a year ago. On average, 13 analysts polled by Thomson Reuters expected the company to report profit per share of $0.60, for the quarter. Analysts' estim
Qantas Airways Ltd said on Thursday it would cut 15% of its capacity to Asia until at least the end of May due to the coronavirus outbreak after reporting flat half-year earnings in a weaker domestic aviation market.
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