The U.S. dollar traded sharply higher against major traded currencies while yields on benchmark 10-year treasury neared 3% on Thursday as investors expect that the Federal Reserve will soon start to taper its quantitative...
Although improved margin and higher revenue helped Semtech Corp. (NASDAQ: SMTC) to post 91% jump in fiscal second quarter profit, shares tumbled nearly 9% in aftermarket hours as the chip maker provided downbeat guidance...
The dollar index rose while the U.S. dollar recovered from its six week low level against the euro on Wednesday amid expectation that the Federal Reserve’s minutes from the most recent open market committee...
Higher margin and strong sales helped the furniture maker, La-Z-Boy (NYSE: LZB) to more than double its fiscal first quarter profit. The Monroe MI based Company, known for its namesake loungers, has consistently posted...
Wider margin and lower operating costs helped Analog Devices (NASDAQ: ADI) to post 3.8% increase in the fiscal third quarter profit. For the quarter ended Aug 3, Analog Devices reported net income of $176.2...
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The U.S. dollar turned sharply lower against major traded currencies on Tuesday even as yields on benchmark U.S. treasuries slipped as market participants wait for some clarity over the tapering of the bond purchase...
Teen apparel retailer, Urban Outfitters Inc. (NASDAQ: URBN) said late on Monday that its fiscal second-quarter net income jumped 25%, aided by stronger margin and solid growth in same-store-sales, across all brands. Shares rallied...
The U.S. dollar traded mainly flat against major traded currencies on Monday as investors remained edgy to take fresh positions on the U.S. unit ahead of the Federal Reserve’s minutes release, later this week....
AOL Inc. (NYSE: AOL) announced on Friday that it will slash 500 jobs at Patch, which represents nearly half of the total workforce at its local news site division. As a part of its...