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Tag: expectations
TSX looks to head higher as StatsCan GDP report beats expectations
2015-03-03 22:50:35| IT Services - Topix.net
The Toronto stock market appeared set to open higher Tuesday as an upbeat report on the Canadian economy was expected to overshadow a slightly disappointing earnings report from Scotiabank and lower metals prices. Statistics Canada says the economy grew at an annualized pace of 2.4 per cent in the fourth quarter of 2014, better than the the 2.0 per cent forecast by analysts surveyed by Thomson Reuters.
Tags: report
head
higher
expectations
Major Automakers Miss Bullish February Sales Expectations
2015-03-03 18:20:41| Auto Dealers - Topix.net
For the second year in a row, ferocious winter weather slowed U.S. vehicle sales in February, with several major automakers missing analysts' projections and dampening bullish expectations. The lackluster sales reported on Tuesday were "likely due to inclement weather," said Joseph Amaturo of Buckingham Research Group, who expects "any lost sales to be made up in March."
Tags: february
sales
major
miss
L.B. Foster fourth quarter results fall short of expectations
2015-03-03 16:30:19| Industrial Machines - Topix.net
Green Tree-based L.B. Foster reported net income of $6.03 million, or 58 cents per share in its fourth quarter, down year-over-year from $7.28 million, or 71 cents per share. The company, which makes products for the rail, construction and energy markets, said sales rose to $161.1 million during the three months ended Dec. 31, from $156.5 million the previous year.
Tags: results
short
fall
fourth
JD.com tops expectations with 73 percent rise in quarterly revenue
2015-03-03 13:21:31| IT Services - Topix.net
China's JD.com Inc, the biggest e-commerce rival to Alibaba Group Holding Ltd, posted a 73 percent rise in revenue for the three months through December, topping estimates as it expanded sales across more consumer goods categories. Revenue for JD.com's fourth quarter rose to $5.6 billion versus the $5.3 billion average estimate of 13 analysts surveyed by Thomson Reuters.
Tags: percent
rise
revenue
expectations
Ross Stores Q4 ahead of expectations
2015-02-27 15:40:00| Daily apparel & textile news and comment - from just-style.com
US off-price fashion retailer Ross Stores has booked fourth-quarter earnings and sales ahead of its expectations and offered a positive outlook for the next fiscal.
Tags: stores
ahead
expectations
ross
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