Top Headline
Kellogg K reported a 2.5 percent rise in its third-quarter profit and announced its plans to cut its workforce by 7 percent by 2017.
Its sales fell 0.1 percent to $3.72 billion. However, analysts were expecting earnings of $0.89 per share on revenue of $3.71 billion.
Equities Trading UPEquities Trading DOWN
Shares of BlackBerry BBRY were down 11.20 percent to $6.90 after the company abandoned its plan to sell itself. The company also announced its plans to replace its Chief Executive Thorsten Heins.
World Acceptance WRLD was down, falling 9.56 percent to $91.61 after the company announced the resignation of its President and Chief Operating Officer Mark C. Roland.
Commodities
In commodity news, oil traded down 0.13 percent to $94.49, while gold traded up 0.32 percent to $1,317.40.
Eurozone
European shares were higher today. The Spanish Ibex Index rose 0.74 percent, while Italy's FTSE MIB Index gained 0.77 percent. Meanwhile, the German DAX rose 0.43 percent and the French CAC 40 gained 0.44 percent while U.K. shares rose 0.64 percent.
The Treasury is set to auction 3-and 6-month bills.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.