Cato Q2 Net Income, Sales Decline
(RTTNews) - Specialty retailer Cato Corp. (CATO) reported Thursday that net income for the second quarter declined to $0.1 million or $0.01 per share from $1.1 million or $0.06 per share in the prior-year quarter.
Sales for the quarter declined 8 percent to $166.9 million from $181.2 million in the year-ago quarter. Same store sales decreased 2 percent.
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Hong Kong Bourse May Reverse Thursday's Losses
The Hong Kong stock market on Thursday snapped the two-day winning streak in which it had advanced more than 280 points or 1.4 percent. The Hang Seng Index now sits just beneath the 20,490-point plateau although it's expected to open to the upside on Friday.
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4घंटे 18 मिनट पहले
Rebound Anticipated For China Stock Market
The China stock market on Thursday snapped the four-day winning streak in which it had rallied more than 135 points or 4 percent. The Shanghai Composite now sits just above the 3,280-point plateau although it's likely to bounce higher again on Friday.
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Taiwan Stock Market Due For Support On Friday
The Taiwan stock market has moved lower in three straight sessions, shedding almost 350 points or 1.5 percent along the way. The Taiwan Stock Exchange now rests just beneath the 23,200-point plateau although it may stop the bleeding on Friday.
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Singapore Shares May Tick Higher Again On Friday
The Singapore stock market has moved higher in two straight sessions, gathering almost 20 points or 0.6 percent along the way. The Straits Times Index now sits just above the 3,600-point plateau and it may add to its winnings on Friday.
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Malaysia Bourse May Halt Losing Streak On Friday
The Malaysia stock market has moved lower in four straight sessions, slipping almost 15 points or 0.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,630-point plateau although it's due for support on Friday.
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Tech Shares May Boost South Korea Stock Market
The South Korea stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day slide in which it had slumped almost 40 points or 1.6 percent. The KOSPI now sits just above the 2,580-point plateau and it's likely to tick higher again on Friday.
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Tokyo Inflation Data Due On Friday
Japan will on Thursday release October figures for Tokyo-are inflation, highlighting a modest day for Asia-Pacific economic activity. In September, overall Tokyo inflation was up 2.2 percent on year, while core CPI rose an annual 2.0 percent.
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TSX Ends Marginally Down
The Canadian market ended marginally down on Thursday with investors digesting a slew of earnings updates and largely looking to trim down commitments amid uncertainty about the outcome of U.S. presidential election, and persisting worries about Middle East tensions.
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