Insteel Industries Q4 Profit Plunges
(RTTNews) - Insteel Industries Inc. (IIIN) announced Thursday that net income for the fourth quarter plunged to $5.6 million or $0.29 per share from $24.3 million or $1.24 per share in the prior-year quarter.
Net sales for the quarter decreased 24.3 percent to $157.5 million from $208.0 million in the same quarter last year.
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Insteel Industries Q3 Net Profit Declines
Insteel Industries Inc. (IIIN) announced Thursday that net income for the third quarter declined to $6.57 million or $0.34 per share from $10.57 million or $0.54 per share in the prior-year quarter.
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vor 103 Tagen
Sensex, Nifty Likely To Follow Asian Peers Lower
Indian shares are likely to open a tad lower on Wednesday amid mixed cues from global markets.
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vor 4Std 49 Minuten
Japanese Market Significantly Higher
The Japanese stock market is trading significantly higher on Wednesday, extending the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving well above the 39,300 level, with gains across most sectors led by index heavyweights, financial and technology stocks.
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vor 4Std 57 Minuten
Steady Start Eyed For Thai Stock Market
The Thai stock market has moved lower in back-to-back sessions, slumping more than a dozen points or 0.9 percent along the way. The Stock Exchange of Thailand now sits just above the 1,450-point plateau although it may find traction on Wednesday.
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vor 5Std 22 Minuten
Indonesia Stock Market Due For Support On Wednesday
The Indonesia stock market has finished lower in five straight sessions, dropping almost 190 points or 2.5 percent along the way. The Jakarta Composite Index now rests just above the 7,600-point plateau although it may stop the bleeding on Wednesday.
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vor 5Std 52 Minuten
Australian Market Modestly Lower
Australian shares are trading modestly lower on Wednesday, giving up some of the gains in the previous three sessions, with the benchmark S&P/ASX 200 staying above the 8,200 level, following the mixed cues from Wall Street overnight, with weakness in energy and financial stocks partially offset by gains in iron ore miners.
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vor 5Std 56 Minuten
Rally May Stall For Hong Kong Stock Market
The Hong Kong stock market has moved higher in three straight sessions, gathering more than 200 points or 0.9 percent along the way. The Hang Seng Index now sits just above the 20,700-point plateau although it may be stuck in neutral on Wednesday.
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vor 6Std 7 Minuten
China Stock Market May Reverse Tuesday's Losses
The China stock market on Tuesday snapped the two-day winning streak in which it had climbed more than 40 points or 1.2 percent. The Shanghai Composite now sits just above the 3,285-point plateau although it may bounce higher again on Wednesday.
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vor 6Std 22 Minuten
