Bassett Furniture posts $0.24 earnings per share Bassett Furniture reported quarterly earnings of $0.24 per share, surpassing the estimated $0.2 per share. The company's earnings compare to $0.22 per share a year ago. These figures are adjusted for non-recurring
Regional equities retreat after U.S. tech stocks lead overnight losses amid rising investor caution. Asian markets closed mixed on Thursday, with South Korea’s Kospi leading declines as a technology-driven selloff on Wall Street weighed on sentiment. Major U.S. indexes end
ELTX sells 4.38M shares in a registered direct offering, drawing new institutional investors amid a 5% stock decline. Elicio Therapeutics priced a $15M registered direct offering, led by two new institutional investors and including participation from an existing sharehold
An EU-funded report highlights risks from Chinese export controls and reliance on US technology for Europe’s chip industry. Europe’s semiconductor industry is grappling with mounting challenges due to Chinese export restrictions and heavy dependence on US technology, an EU
The REIT maintains its monthly payout at $0.1458 per share, reflecting an 8.38% forward yield for the 7% Series C preferred stock. ARMOUR Residential REIT Inc. announced a $0.1458 per share monthly dividend for its 7% Series C cumulative preferred stock (ARR.PR.C), unchang
The $0.4922 payout matches prior quarters and offers an 8.84% forward yield for CODI.PR.B holders. Compass Diversified’s 7.87% CUM PFD B series announced a $0.4922 per share quarterly dividend, unchanged from previous distributions. The payout equates to an 8.84% forward y
Company maintains adjusted EBITDA outlook of $28M-$31M for fiscal year 2026 amid Q3 earnings call. Franklin Covey projected FY2026 revenue in a range of $260M to $267M, aligning with management’s expectations during its Q3 2026 earnings discussion. The company also reaffir
South Korea's central bank hints at potential measures to stabilize the won amid currency volatility and investor outflows. The Bank of Korea indicated it has capacity to intervene in currency markets as the won faces downward pressure. The statement follows record foreign
Foreign investors withdrew $137.36 billion from Asian equities in the first half of 2026, the largest six-month outflow since 2010. Foreign investors pulled a net $137.36 billion from Asian stocks in the first half of 2026, marking the fastest six-month outflow since 2010.
Nasdaq falls as AI chip stocks decline The US Nasdaq declined on Wednesday amid a slump in AI chip stocks. The decline comes after JPMorgan warned of a growing split between AI hardware stocks and heavy AI capex spenders. UBS remains bullish on equities, ex
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