CareTrust REIT, Inc. (CTRE) announced Wednesday the acquisition of three skilled nursing facilities for approximately $55.6 million, inclusive of transaction costs. Two of the facilities are located in Houston, Texas and one is located in Columbia, Missouri. The transaction was funded with cash on hand. The portfolio, consisting of 210 skilled nursing beds and 24...
Thor Industries, Inc. (THO), manufacturer of recreational vehicles, reported Wednesday that net income attributable to the company for the second quarter was $7.22 million or $0.13 per share, sharply down from $27.08 million or $0.50 per share in the prior-year quarter. Net sales for the quarter declined 11.9 percent to $2.21 billion from $2.35 billion...
Canadian shares are likely to open on a mixed note on Wednesday with investors awaiting the Canadian central bank\'s policy announcement, and reacting to mixed commodities markets. The Bank of Canada, which will announce its monetary policy at 9:45 AM ET, is widely expected to leave its key rate unchanged at 5%. The bank\'s views...
While reporting financial results for the second quarter on Wednesday, United Natural Foods, Inc. (UNFI) raised its bottom line results guidance for the full-year 2024, while trimming annual net sales outlook. For fiscal 2024, the company now projects a loss in a range of $1.70 to $1.08 per share and adjusted results between a loss...
While reporting financial results for the second quarter on Wednesday, Campbell Soup Co. (CPB) reaffirmed its adjusted earnings and net sales guidance for the full-year 2024, to reflect sequential volume and margin improvement for its key brands and categories. For fiscal 2024, the company now projects adjusted earnings in a range of $3.09 to $3.15...
Germany\'s trade surplus increased at the start of the year as exports rebounded more than expected, providing a glimpse of hope to an otherwise weak economy. Exports posted a monthly growth of 6.3 percent in January after falling 4.5 percent in the previous month, data released by Destatis showed on Wednesday. This was also far...
European stocks drifted lower on Tuesday amid disappointment from the lack of fresh supportive measures in top consumer China and signs the U.S. Federal Reserve is in no hurry to cut interest rates. In economic releases, a survey showed Business activity in the eurozone\'s key services sector picked up to a seven-month high in February....
The Bank for International Settlements said the global central banks are close to victory in the fight against inflation. BIS Head of Monetary and Economic Department Claudio Borio said the decisive action taken by central banks prevented inflation from becoming entrenched. BIS, which is the bank for central banks, expressed cautious optimism over inflation outlook....
Indian shares ended slightly lower on Tuesday after hitting new record highs for three consecutive sessions. A cautious undertone prevailed as investor focus shifted to the upcoming ECB rate decision and Federal Reserve Chair Jerome Powell\'s congressional testimony. Also, there was some disappointment from the lack of fresh supportive measures in top consumer China. The...
Novo Nordisk A/S (NVO) announced Tuesday the headline results from the kidney outcomes trial FLOW. The announcement follows the decision to stop the trial early due to efficacy. The double-blind trial compared injectable semaglutide 1.0 mg with placebo as an adjunct to standard of care for prevention of progression of kidney impairment and risk of...