What makes these stocks interesting?
Adams Resources & Energy Inc. (AE) reported higher second-quarter profit, driven by increased volumes and unit margins within the company's crude oil marketing business.
- Q2 net income was $5.39 mln versus $3.59 mln last year
- Q2 EPS rose to $1.28 from $0.82 last year
- Q2 revenues increased to $831.5 mln from $777.5 mln last year
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WuXi PharmaTech (Cayman) Inc. (WX) reported better-than-expected results for the second quarter, reflecting solid demand for its broad, integrated platform of services.
- Q3 revenues expected to range between $121 mln and $124 mln. Consensus -- $119.73 mln.
- WuXi raises FY12 revenue target to $488 mln - $498 mln from prior view of $468 mln - $488 mln. Consensus -- $484.25 mln.
Porcelain tiles maker Ziyang Ceramics Corp. (ZYCI) reported sharp growth in second-quarter profit, led by the increase in sales from its new line of interior porcelain wall tiles launched in August of 2011.
- Ziyang continues to see FY12 revenue exceeding $55 million with $14 million in net income.
Urban contemporary furniture maker Nova LifeStyle Inc. (STVS) reported an upsurge in second-quarter profit, reflecting higher sales volume and increasing average selling price.
- Q2 net income up 146% to $1.42 mln from $0.58 mln last year
- Q2 EPS was $0.08 versus $0.05 last year
- Q2 sales rose 74% to $16.15 mln from $9.26 mln last year.
Luxury lifestyle brand Michael Kors Holdings Ltd. (KORS) reported higher-than-expected first-quarter results and raised financial guidance for the fiscal year 2013.
Q2 Outlook
- Sees Q2 EPS in the range of $0.33 - $0.35. Consensus - $0.28 per share.
- Expects Q2 revenue between $490 mln and $500 mln. Consensus - $422.22 mln.
FY13 Guidance
- Michael Kors lifts FY13 EPS target to $1.32 - $1.34 from prior view of $1.08 - $1.12. Consensus - $1.12 per share.
- FY13 revenue now expected to be in the range of $1.8 bln - $1.9 bln versus prior target of $1.7 bln - $1.8 bln. Consensus - $1.79 bln.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.