Commercial Metals's stock surges after profit rises above expectations, but sales comes up shy

·

·

Commercial Metals's stock surges after profit rises above expectations, but sales comes up shy

Shares of Commercial Metals Co. CMC, -0.76% rallied 5.6% toward a 19-month high in premarket trading Monday, after the maker and recycler of steel and metal products reported a fiscal first-quarter profit that beat expectations, although sales came up shy.
See Original Article

Autonomy did count some hardware sales as marketing costs, ex-finance bod tells High Court

Autonomy trial A KPMG witness in the long-running Autonomy trial told London's High Court that Autonomy was indeed accounting for some hardware
See Original Article

SMEs in 2020: B2B payments, data privacy among 5 issues to stay in focus

Additionally, the use of digital platforms provides them end-to-end reconciliation further helping in book-keeping and accounts. Also Read:How
See Original Article

New Year, Old Problems for European Banks

Most new years start with a hopeful view of what can be achieved in the months ahead, but there is little in 2020 for investors in European banks to get excited about. Last year began with rosy expectations of rising interest rates and growing profits.
See Original Article

Borden files for Chapter 11 bankruptcy protection

Borden Dairy Co. announced late Sunday that it has voluntarily filed for Chapter 11 bankruptcy protection. The Dallas-based company plans to pursue a financial restructuring to reduce its debt load and position the milk processor and distributor for “long-term …
See Original Article



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.