Topic: Wall Street
The maker of Jack Daniel's whiskey and Korbel champagne saw its fiscal third-quarter profit drop on higher expenses that were expected, but adjusted results surpassed analysts' estimates. Brown-Forman Corp.'s stock climbed 61 cents to $56.50 in premarket trading. The liquor company on Wednesday also narrowed its ...
Europe's leading stock markets nudged higher on Wednesday as traders awaited key US economic data and assessed the latest batch of company results. London's benchmark FTSE 100 index added just 0.09 percent to 5,5607.24 points, Frankfurt's DAX 30 gained 0.25 percent to 5,900.79 points and in Paris the CAC 40 was ...
SAN FRANCISCO (Reuters) - Apparel retailer J Crew Group Inc <JCG.N> on Tuesday posted a net profit in its holiday quarter that beat Wall Street estimates, helped by tight inventory and double-digit sales growth. The company, which caters to urban professionals willing to pay extra to make subtle fashion statements, also estimated first-quarter earnings that would either meet ...
