Equity Movers

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Jan. 4, 2016. U.S. stocks tumbled to start 2016, falling to their lowest levels since mid-October, as a rout in Chinese equities renewed concern that an economic slowdown there will damp global growth. Photographer: Michael Nagle/Bloomberg via Getty Images
Equity Movers / Stock News

US Adds Fewer Jobs Than Expected in May, April Revised Lower; Unemployment Rate Unchanged at 3.6%

The US added far fewer jobs than expected in May while the unemployment rate remained at historically low levels, as professional and business services led the gain, government data showed on Friday. Total non-farm payroll employment rose by 75,000 last month, the Bureau of Labor Statistics said, compared with April’s rate of 224,000, which was revised down from 263,000 previously. […]

Equity Movers

Equities End Higher as Payroll Data Boosts Hope Fed Will Cut Rates

Stocks ended broadly higher on Wednesday as private payrolls rose less than expected in May, bolstering investors’ hopes that the Federal Reserve will cut interest rates. The ADP National Employment Report said payrolls rose 27,000 last month, below the Street’s expectations for a print of 175,000, while April’s total was revised down by 4,000 to 275,000. May’s result was the […]

Analysis / Analyst Views / Equity Movers / Featured / Markets / Stock News

Conn’s Fiscal Q1 Adjusted EPS Beats, Revenue Misses Forecasts; Initiates $75 Mln Stock Repurchase Program

Conn’s (CONN), a retailer selling furniture, appliances and other home products, reported pre-market Friday fiscal Q1 adjusted earnings of $0.58 per share compared with $0.40 per share in the same period last year. Analysts surveyed by Capital IQ were anticipating adjusted EPS of $0.53. Revenue for the period ending April 30 came in at $353.5 million, down from $358.4 million […]

Ryanair Shares Drop After Fiscal 2020 Pre-Tax Profit Guided Lower Due to Continuing Pressure on Fares
Equity Movers

Ryanair Shares Drop After Fiscal 2020 Pre-Tax Profit Guided Lower Due to Continuing Pressure on Fares

Shares of Europe’s biggest budget airline Ryanair (RYA.L) traded lower early on Monday after the carrier warned of lower earnings in fiscal 2020 after higher fuel costs and lower fares led to a 29% plunge in pre-tax profit for the year ended March.  Sales grew to 7.56 billion euros ($8.44 billion) during the 12 months that ended March 31, from […]

Equity Movers / Featured / Stock News

Brewin Dolphin First Half Pre-Tax Profit Drops as Year-End Market Volatility Hits Investment Performance

British wealth manager Brewin Dolphin (BRW.L) reported early Friday a drop in pre-tax profit as slower-than-expected growth in discretionary fund flows compounded woes from the company’s investment underperformance in the first half.  While total funds under management rose to 42.4 billion pounds ($55.16 billion) during the six months that ended March 31, from 39.7 billion pounds a year ago, the […]