Activity in China's vast manufacturing sector likely shrank at the fastest pace since the global financial crisis in February as the coronavirus suspended large movements of goods and people in most parts of the country.
Japan’s Nikkei 225 opened lower in Friday morning trading, Japan standard time. The index is now down 10.8% from recent highs. That’s a correction in Wall Street parlance.
Australia's central bank will hold its cash rate at record lows next week and cut twice later in the year, a Reuters poll showed, as a rapidly spreading coronavirus outbreak threatens to rock economies around the world.
Dell Technologies (DELL) came out with quarterly earnings of $2 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $4.58 per share a year ago. These figures are adjusted for non-recurring items.
PRA Group (PRAA) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.33 per share a year ago. These figures are adjusted for non-recurring items.
Redwood Trust (RWT) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items.
Playa Hotels & Resorts (PLYA) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.11 per share a year ago. These figures are adjusted for non-recurring items.
Main Street Capital (MAIN) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.69 per share a year ago. These figures are adjusted for non-recurring items.
Global funds changed course in February and recommended a cut to equity allocations in their model balanced portfolio after taking them to a two-year high in January, instead suggesting an increase in bond holdings, Reuters polls showed.
Penn Virginia Corporation (PVAC) came out with quarterly earnings of $2.75 per share, beating the Zacks Consensus Estimate of $1.92 per share. This compares to earnings of $2.56 per share a year ago. These figures are adjusted for non-recurring items.
ComScore (SCOR) came out with a quarterly loss of $0.31 per share versus the Zacks Consensus Estimate of a loss of $0.29. This compares to loss of $0.04 per share a year ago. These figures are adjusted for non-recurring items.
Otonomy (OTIC) came out with a quarterly loss of $0.36 per share versus the Zacks Consensus Estimate of a loss of $0.47. This compares to loss of $0.42 per share a year ago. These figures are adjusted for non-recurring items.
ICU Medical (ICUI) came out with quarterly earnings of $1.94 per share, beating the Zacks Consensus Estimate of $1.62 per share. This compares to earnings of $2.07 per share a year ago. These figures are adjusted for non-recurring items.
ICU Medical (ICUI) came out with quarterly earnings of $1.94 per share, beating the Zacks Consensus Estimate of $1.62 per share. This compares to earnings of $2.07 per share a year ago. These figures are adjusted for non-recurring items.
AMC Entertainment (AMC) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items.
World Fuel Services (INT) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.50 per share a year ago. These figures are adjusted for non-recurring items.
The Bank of Canada will hold interest rates at 1.75% on Wednesday, according to most economists polled by Reuters, although a significant minority expects at least one rate cut by year-end.
Confidence among British consumers hit its highest level in 18 months in February, and there were fresh signs that companies have also become more positive since December's election, surveys showed.
Codexis (CDXS) came out with quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.03 per share a year ago. These figures are adjusted for non-recurring items.
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