Buzzing Stocks

19% Hike Reported by Powell Industries in Fourth Quarter Profits

19% Hike Reported by Powell Industries in Fourth Quarter Profits

Powell Industries Inc. recently revealed a 19% rise in its earnings report for the current fiscal year's fourth quarter, on the back of lower expenses; its backlog, however, did continue to fall. The results posted have managed to beat Wall Street estimates.

9% Rise Reported by AutoZone in First Quarter Earnings


On Tuesday, retailer of auto parts, AutoZone reported a 9% rise in earnings for the current fiscal year's first quarter, on the back of cautious customers choosing to spend more on repair of their old cars rather than buying new ones.

Also, the company shared that while performance at its existing stores improved, it kept setting up new stores all throughout the quarter.

H&R's Second Quarter Loss Beats Analysts' Expectations

H&R Block

American's largest tax preparer, H&R Block Inc., has posted a slimmer-than-expected loss for the current fiscal year's second-quarter, on the back of a better Tax Services segment results. A quarterly loss of $128.6 Million, or 38 cents per share, was posted, a substantial improvement from the $135.9 Million worth of loss posted for same period last year.

ITV Shares Rise 8% on Back of Predicted Surge in Ad Revenues


Share prices of ITV surged by almost 8% this morning after the company revealed that it is expecting a good rise in its advertising revenue starting next month. According to the firm's estimates, net ad revenue would rise as much as 4% in December after falling in October and November by 3% and 1%, respectively.

More than Double First Quarter Profits Posted by Estee Lauder

Estee Lauder

One of the world's leading beauty products manufacturers, Estee Lauder has delighted investors and analysts by posting the profits for its fiscal first-quarter which reveal figures which have more