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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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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4h 17min ago
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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5h 17min ago
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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5h 24min ago
Dollar Loses Ground Against Major Counterparts
The U.S. dollar shed some ground on Thursday although the downside was limited thanks to stronger than expected weekly jobless claims data, new home sales data and manufacturing activity report.
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6h 0min ago
NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against its most major counterparts in the New York session on Thursday.
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9h 42min ago
Swiss Market Closes Modestly Higher
The Switzerland market closed modestly higher on Thursday, staying positive right through the day's session, amid hopes global central banks will reduce interest rates further to boost growth.
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9h 49min ago
Major European Markets Close Slightly Higher
The major European markets closed slightly higher on Thursday with investors reacting positively to some quarterly earnings updates from a few major European and U.S. companies, and dovish comments from Bank of England Governor Andrew Bailey.
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10h 6min ago
Canadian Dollar Declines Against Most Majors
The Canadian dollar dropped against its most major counterparts in the New York session on Thursday.
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11h 23min ago
