The Wendy's Co. returned to a first-quarter profit as it recorded a large gain on the sale of an investment. But the fast food chain's results missed Wall Street expectations and it cut its forecast for the year, citing higher costs for ingredients and softer-than-expected sales.
Business
Wendy's returns to 1st-quarter profit
DirecTV adds fewer U.S. subscribers than expected
(Reuters) - Satellite TV provider DirecTV's profit and revenue rose in the first quarter but it added fewer subscribers in the United States than Wall Street expected as it focused on keeping its highest-paying customers. DirecTV added 81,000 new subscribers in the United States in the quarter, missing analysts' average forecast of 92,000, according to StreetAccount data. In Latin America, it added 593,000 new subscribers, which beat analysts' estimates of 543,000. ...
DirecTV adds fewer U.S. subscribers than expected
(Reuters) - Satellite TV provider DirecTV's profit and revenue rose in the first quarter but it added fewer subscribers in the United States than Wall Street expected as it focused on keeping its highest-paying customers. DirecTV added 81,000 new subscribers in the United States in the quarter, missing analysts' average forecast of 92,000, according to StreetAccount data. In Latin America, it added 593,000 new subscribers, which beat analysts' estimates of 543,000. ...
DirecTV adds fewer U.S. subscribers than expected
(Reuters) - Satellite TV provider DirecTV's profit and revenue rose in the first quarter but it added fewer subscribers in the United States than Wall Street expected as it focused on keeping its highest-paying customers. DirecTV added 81,000 new subscribers in the United States in the quarter, missing analysts' average forecast of 92,000, according to StreetAccount data. In Latin America, it added 593,000 new subscribers, which beat analysts' estimates of 543,000. ...
US stock futures follow European markets lower
U.S. stock futures followed European markets downward Tuesday with few economic indicators at home and little in the way of quarterly earnings results from major corporations.
US stock futures follow European markets lower
U.S. stock futures followed European markets downward Tuesday with few economic indicators at home and little in the way of quarterly earnings results from major corporations.
US stock futures follow European markets lower
U.S. stock futures followed European markets downward Tuesday with few economic indicators at home and little in the way of quarterly earnings results from major corporations.
George Weston adjusted profit falls on costs
(Reuters) - Canadian food producer and distributor George Weston Ltd reported lower adjusted earnings on Tuesday, hurt by higher costs at its grocery affiliate Loblaw Cos Ltd . The company said those higher costs at Loblaw, which included transportation, had not been completely passed on to customers in the quarter. Sales at Weston Foods, the company's baking business, rose 3.7 percent to C$425 million in the quarter, helped by currency fluctuations and prices that rose 4.2 percent, even as volumes fell 1.3 percent. ...
George Weston adjusted profit falls on costs
(Reuters) - Canadian food producer and distributor George Weston Ltd reported lower adjusted earnings on Tuesday, hurt by higher costs at its grocery affiliate Loblaw Cos Ltd . The company said those higher costs at Loblaw, which included transportation, had not been completely passed on to customers in the quarter. Sales at Weston Foods, the company's baking business, rose 3.7 percent to C$425 million in the quarter, helped by currency fluctuations and prices that rose 4.2 percent, even as volumes fell 1.3 percent. ...
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