Software Giant Intuit Inc., has announced the lay off of its 399 workers. This accounts for the total 5% of the firms employees. Most of the layoff members are from Accounts & taxation Departments. Patrick Barry, The Demandforce leader, has also stepped down from leading role. View the full release here.
News: Workforce Layoff at Intuit Inc. $INTU Read More »
Ossen Innovation Co., Ltd., a Chinese manufacturer of rare earth and zinc coated pre-stressed steel materials, has announced its first quarter results for FY-2015. The results shows Revenue of $26.8 Million down by -4.3% YoY, while EPS went up by 79.1% to $0.04. Quarterly Fiscal Highlights: Revenues went down to $26.8 Million from $28.0 Million fall by -4.5% Gross profit
Earnigns: Ossen Innovation Revenues Down $OSN Read More »
According to UBS analysts, Murphy Oil has been downgraded from Neutral to Sell with the reduced price target of $41 from $45. Referring to firm’s capex cut this year, the production would decline by 2016. Absence of Large exploration is also a key factor in it. View the full release here.
News: Murphy Oil Downgraded by UBS $MUR Read More »
Total SA., Europe second Big Oil Company, has announced to its gas pipeline stake in the U.K.’s North Sea to ArcLight Capital Partners. The French Frig Network may be sold to US Energy giant for around $1 Billion Enterprise deal. ArchLight may invest through its affiliate, North Sea Midstream Partners. No comments about the above from
News: Total Selling UK Stake to ArcLight $TOT Read More »
The Finish Line, Inc., has announced its first quarter results for FY-2015-16, Ending 30th May 2015. The results shows Store Sales rose by 5.5% and EPS went up to $0.30 YoY. Quarterly Financial Highlights:- Net sales were $443.4 Million up by 9.1% YoY. GAAP Basis EPS was $0.30 up from $0.25. Fiscal Financial Highlights:- Merchandise inventories rose
Earnings: Finish Line Store Sales Up $FINL Read More »
