Uni-channel retailer Lands\' End, Inc. (LE) reported Wednesday that net loss for the fourth quarter widened to $8.62 million or $0.27 per share from $3.30 million or $0.10 per share in the prior-year quarter. Excluding items, adjusted earnings for the quarter were $0.25 per share, compared to adjusted net loss was $0.04 per share in...
Eurozone economic sentiment rose to a three-month high in March driven by the improvement across all sectors except construction, survey data from the European Commission revealed on Wednesday. The economic sentiment index climbed to 96.3 in March, as expected, from 95.5 in the previous month. The industrial confidence index rose to -8.8 from -9.4 in...
Germany\'s leading five economic think tanks significantly lowered the biggest euro area economy\'s growth forecast for this year on Wednesday, citing cyclical and structural weakness amid sluggish economic activity. The German economy is now projected to grow just 0.1 percent this year, the institutes said in their spring report, which was much less than the...
The U.S. dollar extended recent weakness during the Asian and European sessions on Tuesday, but recovered slowly and managed to score gains against most of its major counterparts by the end of the day. The dollar slipped earlier in the day with investors turning cautious, looking ahead to some key U.S. economic data, including the...
After an early drop and a subsequent recovery that resulted in a positive spell till the penultimate hour, the Canadian market retreated in the closing minutes of the session on Tuesday. Amid a lack of fresh triggers, investors once again stayed reluctant to make significant moves. The benchmark S&P/TSX Composite Index ended with a loss...
Australia will on Wednesday see February results for the leading economic index from the Melbourne Institute, highlighting a light day for Asia-Pacific economic activity. In January, the index slipped 0.1 percent on month. New Zealand will see March results for the business confidence index from ANZ Bank and the business activity index from NBNZ; in...
The South Korea stock market on Tuesday ended the two-day slide in which it had slipped more than 15 points or 0.4 percent. The KOSPI now rests just beneath the 2,760-point plateau although it may tick lower again on Wednesday. The global forecast for the Asian markets is mixed to lower, with technology and oil...
The Malaysia stock market inched higher again on Tuesday, one day after ending the modest two-day winning streak in which it had collected almost 7 points or 0.5 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,540-point plateau although it may see mild selling pressure on Wednesday. The global forecast for the...
The Singapore stock market on Tuesday ended the two-day losing streak in which it had lost more than 20 points or 0.6 percent. The Straits Times Index now sits just beneath the 3,235-point plateau although it figures to head south again on Wednesday. The global forecast for the Asian markets is mixed to lower, with...
The U.S. Food and Drug Administration has warned against certain over-the-counter analgesic or pain relief products by six companies citing potential for dangerous health effects. These products are marketed for topical use to relieve pain before, during or after certain cosmetic procedures, such as microdermabrasion, laser hair removal, tattooing and piercing. Some of these products...