Plus   Neg

Live Ventures Pulls Back Off Highs But Remains Firmly Positive

After moving sharply higher early in the session, shares of Live Ventures (LIVE) have pulled back well off their best levels but remain firmly positive in afternoon trading on Thursday. Live Ventures is currently up by 64.8 percent after reaching its best intraday level in a year.

The early rally by Live Ventures came after the diversified holding company reported full year 2017 revenues of $152.0 million, an increase of 92 percent over the previous year.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Shares of Deutsche Bank were losing around 2 percent in German trading after the banking giant reported lower profit and revenues in its first quarter with weakness in all segments, mainly Corporate & Investment Bank. Separately, the bank announced actions to reshape its Corporate & Investment Bank and additional cost-cutting measures, including job cuts. Hershey Co. (HSY) on Thursday reaffirmed its adjusted earnings guidance for the full-year 2018 in the range of $5.33 to $5.43 range, an increase of 14 to 16 percent from 2017. However, reported earnings are now expected to be in the range of $4.73 to $4.98 per share, an increase of $0.02 per share... Automaker General Motors Co. on Thursday reported a 60 percent fall in profit for the first quarter from last year, reflecting lower revenues and a charge related to the company's Korean operations restructuring. However, adjusted earnings per share for the quarter beat analysts' estimates and the company affirmed its financial outlook for fiscal 2018.
Follow RTT