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BJ's Wholesale Q4 Results Top Estimates

BJ's Wholesale Q4 Results Top Estimates

Retailer BJ's Wholesale Club Holdings, Inc. (BJ) announced Thursday that profit for the fourth quarter increased 20.7 percent from last year, driven by improved gross margins and 13.1 percent revenue growth. Adjusted earnings per share and quarterly revenues topped analysts' estimates. The company also initiated earnings guidance for the full-year 2023, below estimates.
RTTNews | 719 dias atrás
U.S. Weekly Jobless Claims Rise More Than Expected

U.S. Weekly Jobless Claims Rise More Than Expected

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended March 4th.
RTTNews | 719 dias atrás
Bay Street Likely To Open Lower

Bay Street Likely To Open Lower

Canadian shares are likely to open lower on Thursday amid concerns about global economic outlook and possibility of more interest rate hikes by the Federal Reserve.
RTTNews | 719 dias atrás
FuelCell Energy Q1 Results Top Estimates

FuelCell Energy Q1 Results Top Estimates

Clean energy technology company FuelCell Energy, Inc. (FCEL) on Thursday reported a first-quarter net loss attributable to common stockholders of $19.42 million or $0.05 per share, narrower than $41.42 million or $0.11 per share in the prior-year quarter.
RTTNews | 719 dias atrás
UK Housing Market Remains Downbeat In February: RICS

UK Housing Market Remains Downbeat In February: RICS

The UK housing market activity continued the downbeat trend in February amid tighter lending conditions and stretched mortgage affordability, though there were signs of gradual improvement over the coming months, the Royal Institution of Chartered Surveyors reported Thursday. The headline reading for new buyer enquiries advanced to -29 percent in February from -45 percent in January.
RTTNews | 719 dias atrás
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Evofem Biosciences Names Albert Altro As Interim CFO

Evofem Biosciences Names Albert Altro As Interim CFO

Evofem Biosciences, Inc. (EVFM) announced Thursday the appointment of Albert Altro as Interim Chief Financial Officer of the Company. He replaces Jay File, who is leaving the Company to explore other opportunities.
RTTNews | 719 dias atrás
JD.com Swings To Profit In Q4; Revenue Up 7.1%

JD.com Swings To Profit In Q4; Revenue Up 7.1%

e-commerce company JD.com, Inc. (JD) reported Thursday a net income attributable to ordinary shareholders for the fourth quarter of RMB3.03 billion or $441 million, compared to a net loss of RMB5.17 billion in the year-ago quarter. Net income per ADS was RMB1.91 or $0.28, compared to a net loss per ADS of RMB3.33 last year.
RTTNews | 719 dias atrás
U.S. Dollar Losing Ground Against Majors

U.S. Dollar Losing Ground Against Majors

The U.S. dollar declined against its major counterparts in the early European session on Thursday, as investors digested Fed Chair Jerome Powell's comments that policymakers had not made a decision on the scale and path of rate hikes in the future.
RTTNews | 719 dias atrás
Deutsche Post DHL Q4 Profit Down; Sees Weak EBIT In FY23

Deutsche Post DHL Q4 Profit Down; Sees Weak EBIT In FY23

Package delivery and logistics major Deutsche Post DHL Group reported Thursday weak earnings in its fourth quarter, despite higher revenues benefited mainly by international operations. For fiscal 2022, the company recorded improved results, but sees weak earnings for fiscal 2023. Over the medium term, it projects earnings growth. Further, the company raised its dividend and expanded share buyback
RTTNews | 719 dias atrás

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