Posts Tagged ‘lower’

Mulberry warns of lower profits

Luxury goods retailer Mulberry issues its second profit warning since Christmas and says it will look to introduce new "more affordable" products. BBC News - Business Full story

AmEx profit tops estimates on higher user spending, lower expenses

American Express Co's first-quarter profit beat analysts' average estimate as its credit-card customers spent more in a recovering U.S. economy and the company kept expenses in check. Full story

Oil Prices Close Lower; U.S Supply Data On Tap

Oil futures closed lower on Tuesday, pressured by expectations that Libyan oil exports would soon resume. Full story

Gold Hits Three-Week High on Lower Risk Appetite

Gold jumped to a three-week high on Monday as mounting tensions in Ukraine curbed investor appetite for risk, sending equities lower and boosting bullion's appeal as an insurance asset. Full story

Bank earnings will be lower going forward-Fitch’s Lee

Apr. 11 - The first earnings reports from banks, especially JP Morgan, are a sign of the challenges large banks are facing, in what will be a tough year for the sector says Joo-Yung Lee of Fitch Ratings. Bobbi Rebell reports. ... Full story

Fast Retailing sees lower profit

Shares of Japan's Fast Retailing tumble in Tokyo trade after the company revises down its full year profit forecasts due to sluggish sales at home. BBC News - Business Full story

Oil Ends Lower For First Time In Three Sessions

Oil futures marked their first loss in three sessions on Thursday as an unexpected drop in March Chinese exports from a year earlier fed worries about energy demand. Full story

Nasdaq leads markets lower again

... Full story

Wall St. to open lower as momentum stocks stay weak

NEW YORK (Reuters) - U.S. stocks were set for a lower open on Monday, putting the S&P 500 on track for its third straight decline, as weakness in momentum names that sent the Nasdaq and benchmark S&P index to their worst drop since February in the prior session appeared poised to continue. ... Full story

Oil Gains For The Day, But Ends Lower For The Week

Oil futures climbed Friday, finding support after U.S. jobs data showed smaller-than-expected job creation for last month, but also revealed upward revisions to January and February figures. Full story
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