Asian ADRs Move Higher in Wednesday Trading

Asian ADRs Move Higher in Wednesday Trading

American depository receipts of Asian stocks were trading 0.34% higher at 149.67 on the Bank of New York Mellon Asia ADR Index on Wednesday. In North Asia, the gainers were led by solar panel manufacturer Yingli Green Energy (YGE), and aluminum producer Aluminum Corporation of China (ACH), which rose 4.2% and 3.9% respectively. They were followed by mobile internet services provider NQ Mobile (NQ), up 3.7%, and Japanese financial services […]

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Health Care Stocks Keep Adding to Afternoon Advance

Health Care Stocks Keep Adding to Afternoon Advance

Health care stocks were set to close mostly higher today after the White House today promised less regulation and more competition for drugmakers at a meeting today with industry executives. The NYSE Health Care Index added 1.0% in value today while shares of health care companies in the S&P 500 stretched out to a 1.4% gain as a group. In company news, Psychemedics (PMD) lost almost 30% in value Tuesday […]

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Financial Stocks Mainly Higher in Early Trade

Financial Stocks Mainly Higher in Early Trade

Financial shares were mainly higher in early trade on Monday. In financial stocks news, Bank of Hawaii (BOH), a bank holding company, reported Q4 earnings in line with expectations, while revenue beat estimates. EPS increased to $1.02 for the December quarter, from $0.99 a year earlier, in line with the average estimate of analysts polled by Capital IQ. Shares in the company were 0.01% lower at $88.26 in early trade. […]

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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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