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Target forecasts strong holiday-quarter profit on lower inventory levels, supply-chain costs
By Siddharth Cavale and Ananya Mariam Rajesh (Reuters) – Target on Wednesday forecast holiday-quarter profit largely above Wall Street expectations as the big-box retailer benefits from easing supply-chain costs and its efforts to control inventory start to pay off, sending its shares up 14% in premarket trading. Target, like other U.S. retailers, has been struggling […]
Dow futures rise; Target earnings, retail sales due
Investing.com — U.S. stock futures edged higher Wednesday, as investors digested a cooler than expected inflation report ahead of the release of retail sales data and earnings from major retailers. By 06:35 ET (11:35 GMT), the Dow Futures contract was up 100 points, or 0.3%, S&P 500 Futures traded 16 points, or 0.4%, higher and […]
Target forecasts strong holiday-quarter profit on lower inventory levels, supply-chain costs
By Siddharth Cavale and Ananya Mariam Rajesh (Reuters) – Target on Wednesday forecast holiday-quarter profit largely above Wall Street expectations as the big-box retailer benefits from easing supply-chain costs and its efforts to control inventory start to pay off. Target, like other U.S. retailers, has been struggling with slowing sales as consumers show more caution […]
Crescendo Corp to sell land in Johor for RM111 million
KUALA LUMPUR – Crescendo Corp Bhd (CCB), a Malaysian property developer, is set to divest nine parcels of freehold vacant land in Pulai, Johor for RM111 million in cash. This move follows on the heels of an earlier announcement last week where the company disclosed plans to sell seven adjoining parcels for RM117.02 million. The […]
JD.com rises after earnings beat
JD.com (NASDAQ:JD) reported Q3 revenue that trailed analyst estimates, but shares still rose on the bigger-than-expected profit. Earnings per share of RMB6.70 easily topped the analyst estimate of RMB5.90. However, the quarterly revenue of RMB247.7 billion ($34.2 billion) was slightly below the consensus estimate of RMB247.58 billion. The stock was up 4.3% in pre-open trade […]
Crescendo Corp to sell land in Johor for RM111 million
KUALA LUMPUR – Crescendo Corp Bhd (CCB), a Malaysian property developer, is set to divest nine parcels of freehold vacant land in Pulai, Johor for RM111 million in cash. This move follows on the heels of an earlier announcement last week where the company disclosed plans to sell seven adjoining parcels for RM117.02 million. The […]
JD.com rises after earnings beat
JD.com (NASDAQ:JD) reported Q3 revenue that trailed analyst estimates, but shares still rose on the bigger-than-expected profit. Earnings per share of RMB6.70 easily topped the analyst estimate of RMB5.90. However, the quarterly revenue of RMB247.7 billion ($34.2 billion) was slightly below the consensus estimate of RMB247.58 billion. The stock was up 4.3% in pre-open trade […]
Crescendo Corp to sell land in Johor for RM111 million
KUALA LUMPUR – Crescendo Corp Bhd (CCB), a Malaysian property developer, is set to divest nine parcels of freehold vacant land in Pulai, Johor for RM111 million in cash. This move follows on the heels of an earlier announcement last week where the company disclosed plans to sell seven adjoining parcels for RM117.02 million. The […]
JD.com rises after earnings beat
JD.com (NASDAQ:JD) reported Q3 revenue that trailed analyst estimates, but shares still rose on the bigger-than-expected profit. Earnings per share of RMB6.70 easily topped the analyst estimate of RMB5.90. However, the quarterly revenue of RMB247.7 billion ($34.2 billion) was slightly below the consensus estimate of RMB247.58 billion. The stock was up 4.3% in pre-open trade […]
Crescendo Corp to sell land in Johor for RM111 million
KUALA LUMPUR – Crescendo Corp Bhd (CCB), a Malaysian property developer, is set to divest nine parcels of freehold vacant land in Pulai, Johor for RM111 million in cash. This move follows on the heels of an earlier announcement last week where the company disclosed plans to sell seven adjoining parcels for RM117.02 million. The […]
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