Tag Archives: earnings

Canadian bank earnings begin: What you need to know before markets open


U.S. stock index futures are higher today as the dollar retreated from the largest grow in two years and as worries about Greece receded. In early European trading, the dollar was down around another of one percent against a basket of currencies, after jumping 1.3 percent on Tuesday, its biggest rise since July 2013.Greece and its European creditors also have ...

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Bank earnings day! What you need to know before markets open


U.S. stock index futures are lower today, overwhelmed by concerns about Greece\’s capability to strike an offer with its creditors, but a raft of upbeat Canadian bank earnings may boost the TSX. Canadian Imperial Bank of Commerce reported a better-than-expected quarterly profit on Thursday, boosted with a buoyant Canadian capital market.Royal Bank of Canada, the nation\’s top lender, posted a ...

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How much of a risk is an earnings recession for U.S. stocks?


Is Corporate America at risk of an earnings recession? Barclays Capital predicts that earnings at S&P 500 companies will shrink within the second quarter, with analysts expecting earnings per share for the 350 companies on the index to shrink by an average of 3.8 per cent. “Financial performance, as measured by revenue growth and earnings per share growth, isn\’t expected ...

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Gildan Activewear downgraded ahead of Q2 earnings


Apparel company Gildan Activewear Inc. was downgraded on Wednesday from buy to hold by analysts at Desjardins Capital Markets. The Montreal-based company has witnessed its stock rally a lot more than 30 percent this year, which led to the downgrade, as Desjardins says the stock has become fairly valued. “We\’re revising our rating on Gildan to carry (from buy) according ...

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What you need to know about the Twitter Inc earnings report that sent the stock plunging


Twitter has had a tough start to 2015, and things seemed to be much of the same in its second quarter earnings report last night. Yes, sales and revenue topped analysts\’ projections, causing an initial?spike in shares?after hours. But there is one glaring disappointment: monthly active users.?Users of the main application?rose just by 2 million?in the prior quarter, a gain ...

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