Kansas City Southern Q4 adjusted earnings Beat Estimates

Kansas City Southern (KSU) revealed a profit for fourth quarter that declined from last year. The company’s earnings came in at $161.1 million, or $1.59 per share. This compares with $551.7 million, or $5.33 per share, in last year’s fourth quarter. Excluding items, Kansas City Southern reported adjusted earnings of $158.0 million or $1.56 per share for the period. Analysts […]

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Wall Street’s Bullish CEOs Face a Reckoning After Stock Selloff

Sell first, ask questions later. That’s been investors’ approach to Wall Street banks of late, and it poses a challenge for the companies as they report fourth-quarter earnings next week. Bank chiefs’ bullish views and near-record profits in their previous round of results couldn’t stop an 18 percent stock plunge last quarter. Now they’re going into the season with weaker […]

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KB Home Profit Climbs In Q4

KB Home (KBH) revealed earnings for its fourth quarter that climbed from last year. The company’s bottom line totaled $96.84 million, or $0.96 per share. This compares with $84.34 million, or $0.84 per share, in last year’s fourth quarter. Analysts had expected the company to earn $0.94 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude […]

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Gap Down Opening Seen For Wall Street

Drifting index and stock futures amid rising concerns about global economic slowdown point to a gap down opening for the U.S. market on Wednesday, the fist trading session of 2019. A sell-off in Asian markets and weakness across Europe amid concerns about global growth and worries about the impact of the government shutdown in the U.S. are likely force investors […]

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