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Frontline Exceeds Earnings Expectations
- Length: 0:46
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- Author: FinancialNewsOnline
Tags: business finance investing stock news trading analysis market frontline earnings estimates
Frontline releasing some goods news this morning. The company reported its first quarter earnings this morning, posting an EPS of $0.09, beating analysts estimates of an earnings loss of $0.10 a share. Revenues in the quarter fell 28.7% year-over-year to $167.2 million., well above estimates of...
Talbots Reports Unexpected Profit, Citing Improved Margins
- Length: 0:22
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- Author: FinancialNewsOnline
Tags: TLB Talbots earnings EPS revenue business finance trading stock market analysis news
Talbots (NYSE:TLB) reported Q1 EPS of $0.09, exceeding estimates for a loss of $0.02 a share. Revenues in the quarter came in at $275.9 million, also beating estimates of $272.6 million, citing improved merchandise margin. The company reported Q1 comp sales slipped 3.8% and still expects to close...
Seagate Plans to Buy LaCie for $186 million
- Length: 1:5
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- Author: FinancialNewsOnline
Tags: business finance investing stock news trading analysis market lacie Seagate acquisition buy growth technology
Seagate Technology (NASDAQ:STX) is expanding its business this morning. The hard-drive maker is buying a controlling stake in French consumer storage company LaCie for $186 million. Seagate announced they will be buying shares held by LaCie Chairman CEO Phillippe Spruch and his affiliate. The...
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