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Stock markets to advance amid positive economic data, corporate earnings reports

2014-10-23 18:32:54| Chemicals - Topix.net

The Toronto stock market was in for a higher open Thursday amid some upbeat economic news from the eurozone and China along with another busy day for corporate earnings in Canada and the U.S. Better than expected earnings from General Motors and Caterpillar helped push U.S. futures higher with the Dow Jones industrial futures ahead 137 points to 16,562, the Nasdaq futures rose 34.7 points to 3,984 and the S&P 500 futures climbed 14.3 points to 1,939.4. Buyers were encouraged after financial information company Markit said its composite purchasing managers' index for the eurozone - a gauge of business activity across the manufacturing and services sectors - rose to 52.2 points in October from 52.0 in September.

Tags: data stock reports positive

 

Carter's Q3 earnings and sales climb

2014-10-23 17:07:08| Daily apparel & textile news and comment - from just-style.com

Children's wear company Carter's has revealed an increase in third-quarter sales and earnings, which met the group's expectations.

Tags: sales earnings climb carters

 
 

Earnings Not Inspiring Holiday Shopping Spirits

2014-10-23 14:46:26| Apparel - Topix.net

Last week I touched on several 2014 holiday shopping forecasts and shared my view that the one supplied by the National Retail Federation will likely prove to be aggressive. In case you missed it, the NRF forecasts 2014 holiday spending to rise 4.1% year-over-year to $616.9 billion this November and December.

Tags: shopping holiday earnings spirits

 

PotashCorp reports Q3 earnings of $317 million, $1.6 billion of sales

2014-10-23 14:40:51| Chemicals - Topix.net

Potash Corporation of Saskatchewan Inc. is reporting $317 million of net income, or 38 cents per share, in the third quarter - missing analyst estimates as tax expenses rose and prices fell compared with a year ago. The Saskatoon-based fertilizer company had $1.6 billion of sales during the three months ended Sept.

Tags: of sales reports million

 

Waste-to-Energy Firm Covanta Reports Lower Earnings, Revenue for Quarter

2014-10-23 11:00:00| Waste Age

Waste-to-energy firm Covanta Holding Corp. posted lower net profits and revenue in its third quarter compared with a year ago. read more

Tags: reports lower firm quarter

 

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