The Labor Department said initial jobless claims fell by 6,000 to a seasonally adjusted 462,000. That's close to Wall Street analysts' estimates of 460,000, according to Thomson Reuters, and the second straight drop. The figures come after other mildly positive...
For the three months ended Jan. 31, the nation's largest tax preparer earned $50.6 million, or 15 cents per share, compared with $47.4 million, or 14 cents per share, in the year-ago quarter. Revenue fell 6 percent to $934.9 million from $993.4 million last...
The National Association of Realtors says its seasonally adjusted index of sales agreements fell 7.6 percent from December to a January reading of 90.4. It was the lowest reading since last April. Economists surveyed by Thomson Reuters had expected the index...
Buffett said Berkshire's book value — assets minus liabilities — grew 19.8 percent to $84,487 in 2009. The S&P; 500, which Berkshire recently joined, gained 26.5 percent last year when dividends are factored in. Three analysts surveyed by Thomson Reuters had...
However, excluding transportation, durable goods orders fell by 0.6 percent, a weaker showing than economists had expected. Job Market Weakness The Labor Department said first-time claims for unemployment insurance rose by 22,000 to a seasonally adjusted...
Wall Street analysts polled by Thomson Reuters expected a drop to 455,000. Bad weather can cause job losses in construction and other industries sensitive to weather. Economists closely watch initial claims, which are considered a gauge of the pace of layoffs...
So analysis now with John Butters, director of U.S. earnings research for Thomson Reuters joining us from Boston. John, welcome to NBR. As you're taking a look at fourth quarter profit growth, what types of companies are seeing it? JOHN BUTTERS, DIR. , U.S....
The decline would reverse three straight months of increases. The National Association of Realtors' report is scheduled for release Monday at 10 a.m. EST. Earlier this month, the trade group said its index of sales contracts fell 16 percent from October to...
Shares rose 34 cents to $20.74 in premarket trading. On Friday, the Labor Department releases its monthly employment report. Considered the biggest economic report of the month, it will likely set the early tone for trading in 2010. Economists surveyed by Thomson...
Discover Financial /quotes/comstock/13*!dfs/quotes/nls/dfs (DFS 15.20, +0.23, +1.54%) is forecast to post earnings of 12 cents a share in the first quarter, according to analysts surveyed by Thomson Reuters. After Monday's closing bell, Limited Brands... Full Article at MarketWatch
The company had previously forecast a profit of 34 cents to 36 cents per share, or 39 cents to 41 cents per share on an adjusted basis. Analysts surveyed by Thomson Reuters have been expecting earnings of 36 cents per share. Microchip Technology also said... Full Article at Simple Thoughts
Big Lots, Inc. (BIG) is expected to confess its fourth-quarter figures before the opening bell on Wednesday, March 3, according to Thomson Reuters. Ahead of the event, it appears option speculators are scooping up bullish bets at a much more rapid pace than... Full Article at SchaeffersResearch.com
Furthermore, Thomson Reuters reports that the average 12-month price target rests at $6.80 per share, a discount to the stock's close at $7.81 per share on Friday. This configuration leaves plenty of room for more brokerage firms to follow Cantor Fitzgerald... Full Article at SchaeffersResearch.com
Kohn Coutts & Co - Mike Brown Credit Suisse - David Strettle DTZ - Gonzalo Tiesi Ernst & Young LLP - Tani Fuga HSBC - Ugo Monye ING Real Estate - Tom Guest JPMorgan - Ceri Jones KPMG - Chris Robshaw Morgan Stanley - Nick Evans Norton Rose LLP - Danny Care... Full Article at Harlequins
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I met up with Ed Nusbaum and Grant Thornton’s Director of Corporate Communications John Vita for a media tour. Ed is a veteran with the press, but press junkets are relatively new for me. We spoke to reporters at Bloomberg, Fox News, the Wall Street Journal and Thomson Reuters.
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