Diebold Nixdorf Posts Q2 Beat

Diebold Nixdorf Posts Q2 Beat

Diebold Nixdorf shares were higher 5.4% in pre-market trade after the company reported financial results for Q2, with earnings and revenue that topped analysts’ expectations; it also provided guidance for fiscal 2017 in line with Street estimates. The provider of connected commerce services, software and technology posted non-GAAP earnings of $0.08 per share, compared with the prior-year period’s $0.43 per share. Analysts polled by Capital IQ were expecting EPS of […]

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J.M Smucker Posts Fiscal Q4 Beat

J.M Smucker Posts Fiscal Q4 Beat

The J.M. Smucker Company reported pre-market Thursday fiscal Q4 results that were better-than-expected and issued in line guidance on FY18 earnings per share. For the quarter ended April 30, adjusted EPS was $1.80 per share, down from $2.23 per share a year earlier but above the $1.72 per share consensus of analysts polled by Capital IQ. Net sales totaled $1.78 billion, down 1% from a year earlier but narrowly above […]

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HNI Reports Q3 Beat; Sees FY16 EPS Above, FY17 EPS In Line with Street

HNI Reports Q3 Beat; Sees FY16 EPS Above, FY17 EPS In Line with Street

HNI (HNI) rose marginally in Wednesday’s late trading after the company reported financial results for Q3, with better-than expected earnings and revenue; it also provided guidance for Q4, fiscal 2016 and fiscal 2017. For the quarter ended Oct. 1, the provider of office furniture and hearth products posted Q3 non-GAAP earnings of $0.80 per share, compared with the prior-year period’s $0.93 per share. Analysts polled by Capital IQ were expecting […]

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Consumer Stocks Maintain Much of Day-Long Advance

Consumer Stocks Maintain Much of Day-Long Advance

Consumer stocks were higher shortly before Friday’s closing bell, with shares of consumer staples companies adding about 0.6% while shares of consumer discretionary firms in the S&P 500 were climbing nearly 0.8%. In company news, Dicks Sporting Goods (DKS) was narrowly higher this afternoon, with the retailer’s shares reversing a morning and early-afternoon retreat that followed reports it won an auction to buy the U.S. business of Golfsmith International Holdings […]

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Bonds End Mixed – 10-Year 1.735%

Bonds End Mixed – 10-Year 1.735%

U.S. Treasuries ended the week mixed with the long bond leading while the shorter end lagged as the curve trade dominated the quiet, low-volume session. Traders were preparing for a run of Treasury auctions in the week ahead as well as anticipated new corporate debt. Prices were pressured late as San Francisco Federal Reserve President John Williams called for gradual near-term rate hike hikes in a late local speech, airing […]

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