Here is a quick summary of the earnings reported after the bell on Sept. 1
LifeVantage Corporation (LFVN)
Net income for the fourth quarter was $0.2 million, or $0.00 per share vs. net income of $2.4 million, or $0.02 per share a year ago.
Q4 Revenue was $45.3 million vs. $56.0 million for...
The FDA has issued warning letters to five distributors of pure powdered caffeine - (1) SPN LLC dba Smartpowders, (2) Purebulk Inc., (3) Kreativ Health Inc. dba Natural Food Supplements, (4) Hard Eight Nutrition LLC and (5) Bridge City Bulk - Bridge City LLC., whose products are sold as dietary supplements.
The European markets are poised to open higher on Wednesday as investors look past recent turmoil. In yet another wild day, Chinese stocks steadied today after a number of Chinese brokerages said that they would increase the size of their proprietary stock trading to prop up markets.
Yahoo! Inc.'s Chief Executive Officer Marissa Mayer revealed Tuesday that she is pregnant with identical twin girls, likely to arrive in December. However, Mayer said she would take limited time away and will work throughout at the company, which is in the midst of a turnaround.
Nevro Corp. has submitted its preliminary response to the Patent Trial and Appeals Board, or PTAB, in response to two petitions for inter partes review filed by a unit of Boston Scientific Corp., challenging the validity of Nevro's patent no. 8,359,102. A decision by the PTAB to either institute or deny review of the petition is expected by December 1st, 2015.
H&R Block reported a smaller loss for the first quarter, driven by a four percent increase in revenues, partly offset by foreign currency fluctuations. The company announced a $3.5 billion stock buyback, and its shares gained 7% in after-hours trade...
Stocks saw substantial weakness during trading on Tuesday, adding to the loss posted in the previous session. With the drop on the day, the major averages further offset the recovery rally that was seen last week.
U.S. crude oil plunged to end sharply lower on Tuesday, surrendering most of the massive gains made yesterday on concerns over demand growth outlook, after some disappointing economic data from China.
Crude oil prices turned lower after a stunning rally over the previous few sessions.
Talk of discord...
About nine-tenths of the world's sea birds are likely to have consumed pieces of plastic which continue to remain in their guts, a study shows.
Automakers reported some mixed U.S. sales for August, marked by fewer working days and a delayed Labor Day, even as the month was largely bullish, spurred by lower interest rates, cheaper gas, and some strong employment data that buoyed consumer confidence.
Gold futures rebounded to end higher on Tuesday, with investors seeking the safe haven appeal of the metal after some some disappointing economic data from the China and the U.S. The sharp sell-off in global equity markets, also prompted investors to turn to the precious metal.
Global equity markets...
Continuing the recent wild ride by the markets, stocks have moved sharply lower in early trading on Tuesday. The major averages have dropped firmly into negative territory, further offsetting the recovery rally that was seen last week.
Reflecting a jump in spending on private construction, the Commerce Department released a report on Tuesday showing that total U.S. construction spending reached its highest level in seven years in the month of July.
Activity in the U.S. manufacturing sector unexpectedly grew at a slower rate in the month of August, according to a report released by the Institute for Supply Management on Tuesday, with the index of activity in the sector falling to its lowest level in over two years.
Discount retailer Dollar Tree, Inc. on Tuesday reported a loss for the second quarter, reflecting costs related to the acquisition of Family Dollar Stores Inc. and on lower margins that more than offset higher revenues. However, revenues for the quarter missed analysts' expectations and the company forecast revenues for the third quarter as well as fiscal 2015 also below their estimates.