Sturm Ruger shares slip on big earnings miss

Sturm Ruger shares slip on big earnings miss
Sturm, Ruger & Co. RGR, -3.08% shares were down slightly in the extended session Wednesday after the gun maker’s quarterly results fell well short of Wall Street estimates. Sturm Ruger shares, however, were only down 0.7% in recent after-hours activity, following a 3.1% decline to close the regular session at $59.39. The company reported third-quarter net income of $9.2 million,... Read More

TSX Ends Notably Higher For 2nd Straight Day

TSX Ends Notably Higher For 2nd Straight Day
The Canadian stock market ended on an upbeat note on Wednesday, extending gains for a second straight day, thanks to better than expected GDP data and gains in global markets. According to the data released by Statistics Canada, Canadian GDP unexpectedly rose 0.1% in August, rising for a seventh straight month. Economists had expected GDP to remain unchanged. The benchmark... Read More

Allstate stock falls following quarterly earnings

Allstate stock falls following quarterly earnings
Allstate Corp. ALL, +0.24% shares fell 3.4% in the extended session Wednesday after the insurer reported third-quarter earnings. Allstate reported third-quarter net income attributable to common shareholders of $833 million, or $2.37 a share, compared with $637 million, or $1.76 a share in the year-earlier period. Adjusted for items such as capital gains and losses, Allstate logged earnings of $1.93... Read More

PerkinElmer shares sink on disappointing third-quarter earnings

PerkinElmer shares sink on disappointing third-quarter earnings
Shares of PerkinElmer Inc. PKI, +0.93% sank in Wednesday’s extended session after the diagnostics and life sciences research company reported quarterly results that fell short of Wall Street’s expectations. PerkinElmer reported third-quarter earnings fell to $76.5 million, or 69 cents a share, from $81.1 million, or 82 cents a share, a year ago. On an adjusted basis, it would have... Read More

Mastercard stock posts best day in nearly three years

Mastercard stock posts best day in nearly three years
Shares of Mastercard Inc. MA, +5.29% closed up 5.3% in Wednesday trading, marking the stock’s largest one-day percentage gain since January 2016, according to Dow Jones Market Data. Mastercard posted a sizable third-quarter earnings beat and in-line revenue on Tuesday morning, but shares slumped after the release. Analysts chimed in with positive commentary on Wednesday. “Although Mastercard’s third-quarter top-line results... Read More

Fiserv shares fall after hours as results come up short versus Street view

Fiserv shares fall after hours as results come up short versus Street view
Fiserv Inc. FISV, +1.74% shares dropped in the extended session Wednesday after the financial services technology company’s quarterly results fell below Wall Street estimates. Fiserv shares fell 4.3% after hours, following a 1.7% gain to close at $79.30 in the regular session. The company reported third-quarter net income of $227 million, or 55 cents a share, compared with $232 million,... Read More

Stocks Finish Rough Month On Positive Note – U.S. Commentary

Stocks Finish Rough Month On Positive Note – U.S. Commentary
Stocks moved mostly higher during the trading day on Wednesday, extending the strong upward move seen late in the previous session. With the gains, the major averages climbed further off the multi-month closing lows set on Monday. The major averages pulled back well off their highs in the final hour of trading but remained firmly positive. The Dow jumped 241.12... Read More