The Finish Line Posts Q1 EPS In Line With Street

The Finish Line Posts Q1 EPS In Line With Street

The Finish Line, a shoe retailer, reported fiscal Q1 2018 adjusted EPS of $0.23, flat with $0.23 in the same period a year ago and in line with the estimate of $0.23 from analysts polled by CapIQ. For the quarter ended May 27, total revenues of $429.8 million were down from $430 million in the same period a year ago and fell short of the Street projection of $434 million. […]

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Bond Prices Mixed

Bond Prices Mixed

U.S. Treasury prices were mixed, but little changed early Friday after a quiet and narrowly traded overnight session and the early miss on housing data. The 10-year Treasury yield was little changed at 2.165% from a 2.162% close and an overnight high near 2.18%. European bonds were modestly lower, though losses were pared with peripheral markets underperforming. Asian sovereigns closed in the red with the Japanese Government Bond rate edging […]

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U.K April Production Data Disappoints

U.K April Production Data Disappoints

U.K. April production data disappointed, with the headline industrial output figure coming in with 0.2% m/m growth, up from the 0.5% m/m contraction seen in March, but off the median forecast for 0.7% m/m growth. The y/y figure contracted by 0.8%, which is the first negative y/y print in six months and came contrary to the median forecast for a 0.3% expansion. The contraction follows 1.4% y/y growth in the […]

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Camber Energy Names New Interim CEO

Camber Energy Names New Interim CEO

Camber Energy disclosed early Monday it appointed Richard Azar II as interim CEO and Robert Schleizer as interim CFO as it implements a cost-cutting program to “significantly” reduce overall general and administrative expenses. The interim CEO appointment follows the resignation of former chief Anthony Schnur, the company said in a statement. The firm “continues to progress its plan to comply with lender obligations and return to positive cash flow,” according […]

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Ulta Beauty’s Price Target Boosted by RBC

Ulta Beauty’s Price Target Boosted by RBC

Ulta Beauty received a price-target boost from RBC Capital Markets following the beauty-products retailer’s report last week of better-than-expected financial results for its fiscal Q1 and increased guidance for fiscal-year comparable-sales and earnings-per-share growth. The new price target from RBC is $310 per share, up from $300. The move takes the target from below the stock’s Friday closing price of $302.40 to above it. It is also even with the […]

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