Shares of ANN INC.ANN jumped 8.1% on Friday as the company’s fourth quarter fiscal 2014 adjusted earnings per share surged 20% year over year to 12 cents, faring far better than the Zacks Consensus Estimate of a loss of Source
Shares of Citi Trends Inc.CTRN plunged 10.2% on Friday despite reporting strong fourth quarter fiscal 2014 results and providing a favorable fiscal 2015 outlook. The probable reason behind the fall in share price could be the retirement of CEO, Source
By Nick Cunningham for Oilprice.com China is in the midst of a historic transformation, and the surprising progress the country has made at energy efficiency has raised hopes that the world may get a grip on global greenhouse gas emissions much sooner than expected. As a result...
Monday, March 16, 2015(This is Mark Vickery covering for Sheraz Mian, who is off today.) Because earnings season is well behind us an island of earnings reports this week from companies like Oracle ( ORCL ) and FedEx ( Source
Strengthening U.S. dollar and a slump in oil prices dragged benchmarks lower on Friday. US crude prices dropped to their lowest levels since Jan 28. Meanwhile, declines in producer prices and consumer confidence added to the bearish sentiment. Benchmarks Source
Friday’s session closes with the NASDAQ Composite Index at 4,871.76. The total shares traded for the NASDAQ was over 1.81 billion. Declining stocks led advancers by 1.53 to 1 ratio. There were 1085 advancers and 1664 decliners for the Source
Diageo ( DEO ), the world leader in alcoholic beverages, has been facing tough circumstances recently in their traditional markets. For one, they have been losing share in the U.S., which accounts for over 20% of net sales and 45% Source
Viacom ‘s ( VIA ) MTV network has been struggling with ratings for quite some time now. In 2014, the network saw a 5% drop in average primetime viewership in 18 49 demographic. However, MTV is not alone to Source
In our previous note (the first in a two part series), we looked at some of the trends in cloud computing. To recap, cloud computing is expected to grow at a robust pace in the next five years. The primary drivers for Source
LONDON — March 15, 2015 — assets invested in ETFs/ETPs listed in Asia Pacific (ex-Japan) reached a new record high of US$118 billion at the end of February 2015, according to ETFGI’s monthly ETF and ETP global insight report for February. The Asia Pacific (ex-Japan) ETF/ETP...