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Michael Kors Up On Expectations Of Improved Q4 Results
Michael Kors Holdings Ltd. is expected to deliver a year-over-year increase in earnings per share and revenue, following a string of depressing results out of the retail sector. Wall Street expects the company’s fiscal fourth-quarter earnings per share to rise 6.6% to 96 cents on sales up 6.2% to $1.147 billion. This results from the
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Gold Firms Up From $1,200 Threshold
Gold has been surfing on an uptrend in early Asian trade on Tuesday, bouncing back strongly from the three-and a-half-month low of $1,199.00. Mounting concerns about the upcoming rate hike by the Federal Reserve and the UK’s uncertain position in the EU have overshadowed the stock market, pushing Asian shares to the verge of monthly
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Dollar Overshadows Japanese Yen Following Fed Speakers Hints On Rate Hike
The greenback enjoyed an advance in the Asian trading session after St. Louis Fed President James Bullard suggested that the global markets were well-prepared for an interest rate increase in the upcoming months. However, the yen also ticked up strongly after Japanese Prime Minister Shinzo Abe announced that he would postpone a sales tax hike
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Shares Of Tata Motors Ltd Languid Before Q1 2016 Earnings
According to data from FINRA yesterday, total short interest in Tata Motors Ltd (TTM) fell to 1.59% in May 2016, equivalent to 7.25M shares, 1.52% lower than the previous report. After that, the company’s stocks inched down slightly with about 344,967 shares changing hands. On next Monday, Tata Motors Ltd. is scheduled to release its
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Royal BOC Rises Despite Expectations Of A Drop In Earnings
On Thursday (26/5) Royal Bank of Canada is schedule to announce its results for the quarter ending April 30. The bank’s EPS is estimated to register at $1.64 for the quarter. This value represents a 6.98% decrease compared to the same quarter in the previous year. However, the stock has currently failed to take any
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Hewlett Packard (Enterprise) Shares Uncertain Ahead Of Q2 Report
On Tuesday (24/5), Hewlett Packard Enterprise Company is scheduled to report its Q2 earnings report. This is the 2nd quarter of operations for the company after its creation further to a split in Hewlett Packard in Nov.2015. The company is estimated to realize revenue of $12.34 billion, down 3.08% from a reading of $12.72 billion
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