Bund Yields Recover Earlier Losses

Bund Yields Recover Earlier Losses

Bund yields recovered earlier losses and are slightly higher on the day. Bunds have been underperforming throughout the day, as Spanish secession fears eased and Spanish markets bounced back. This saw Spanish bond yields leading a wider decline in peripherals, especially after the successful Spanish bond auction. At the same time, the reversal of intra-Eurozone safe haven flows saw Bunds underperforming Thursday and the German 10-year is now up 0.2 […]

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Bond Prices Spin Lower as Data Improves

Bond Prices Spin Lower as Data Improves

U.S. Treasury prices reversed lower Thursday following a run of data capped by a rise in factory orders, better jobless claims and a narrowed trade deficit. Prices were pressured further with the five-year hit hardest in slowing volumes as Federal Reserve speakers continued to opine that further rate increases appear appropriate and express concerns over inflation. The market is expected to be kept in a relatively tight leash ahead of […]

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Kirkland’s Fiscal Q2 Results Beat Street Expectations

Kirkland’s Fiscal Q2 Results Beat Street Expectations

Kirkland’s, a specialty retailer, reported Tuesday fiscal Q2 net loss of $0.24 per share, compared to a net loss of $0.22 per share in the prior year period. Capital IQ provided a Street consensus of $0.29 loss per share. Net sales for the quarter ended July 29 were $131.7 million, up from $123 million reported for the same period last year. The Street estimate was for revenues of $125.4 million. […]

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BioTime Wins Grant

BioTime Wins Grant

BioTime said Monday it has been awarded a new grant for 2017 of up to ILS7.2 million ($2 million) from the Israel Innovation Authority (IIA) for the continued development of OpRegen, which is being studied for the treatment of the dry form of age-related macular degeneration (AMD). OpRegen is currently in a phase 1/2a dose-optimization clinical study, which in July received authorization from the data safety monitoring board to move […]

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Johnson Outdoors Profit More Than Doubles in Q3

Johnson Outdoors Profit More Than Doubles in Q3

Johnson Outdoors reported Friday record-high earnings for fiscal Q3, driven by a favorable product mix and sales volume related operating efficiencies. Diluted earnings rose to a $1.65 from $0.68, exceeding the $1.03 estimate from two analysts polled by Capital IQ. Revenues rose year-over-year to $155.3 million from $139.3 million and exceeded the $149.3 million consensus. “Overall, we are well-positioned to end the year strong with solid momentum heading into the […]

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