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The Week in Preview: Beige Book, Federal Budget, Retail Sales

earnings expectationsThe Federal Reserve's next Beige Book report is scheduled to be released this week. This report is a compilation of anecdotal information on current economic conditions from each of the 12 Federal Reserve Bank districts, and it is released eight times a year. The data comes from interviews with business contacts, economists, market experts, and other sources. The June report is expected to show strengthening signs of expansion, though results could be mixed across the 12 districts.

Economic data due out this week include:

Continue reading The Week in Preview: Beige Book, Federal Budget, Retail Sales

Earnings highlights: Aeropostale, Del Monte, Guess, Shanda, Staples, Toll Bros. ...

Here are some highlights from this past week's earnings coverage on BloggingStocks:

  • Aeropostale Inc. (ARO) strong Q3 results topped analysts expectations, and it offered Q4 earnings guidance.
  • Cascade Corp. (CASC) reported a surprise Q3 profit but lower revenue fell short of expectations.
  • Collective Brands Inc. (PSS) reported strong Q3 earnings as well as same-store sales growth.
  • Cost Plus Inc. (CPWM) narrowed its net loss in Q3 but revenue and same-stores sales declined.
  • Del Monte Foods Co. (DLM) posted strong Q2 results and raised its earnings outlook for the full year.
  • Diamond Foods Inc. (DMND) posted better-than-expected Q1 earnings, but said that revenue declined.

Continue reading Earnings highlights: Aeropostale, Del Monte, Guess, Shanda, Staples, Toll Bros. ...

Cascade posts surprise profit; SeaChange beats revenue estimates

Lift truck maker Cascade Corp. (CASC) and video-on-demand TV solutions provider SeaChange International, Inc. (SEAC) both closed higher Wednesday ahead of their after-the-bell earnings reports.

Cascade reported that net income for the third quarter of fiscal 2010 came to $157,000, or 1 cent per share. That compared to a net income of $10.4 million (94 cents per share) for the same period of fiscal 2009, but was up from a net loss of $12.3 million ($1.14 loss per share) in the second quarter.

Continue reading Cascade posts surprise profit; SeaChange beats revenue estimates

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Last updated: February 13, 2012: 05:44 PM

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