* Bayerische Motoren Werke AG, the world’s largest premium automaker, saw its sales growth outpace those of Daimler AG’s Mercedes-Benz and Volkswagen AG’s Audi in China last month after BMW introduced a stretched version of its 3-series. * BMW-brand deliveries in China rose 39 percent to 32,194 units in July, the company said yesterday in […]
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* Kors 1Q EPS 61c, est. 49c. • 1Q rev. $640.9m, est. $571.6m • 1Q comp sales up 27.3% • Sees 2Q EPS 62c-64c, est. 64c • Sees 2Q rev. $695m-$705m, est. $698.6m • Sees yr EPS $2.67-$2.69, est. $2.57 • Sees yr rev. $2.8b-$2.9b, est. $2.85b * Number of Stores Opened In 1Q: 24 […]
* Regeneron Pharmaceuticals Reports 2Q Earnings pre-mkt today ESTIMATES * 2Q adj. EPS est. $1.74 (range $1.47-$2.01) * 2Q rev. est. $473.3m ($446m-$510m) * 2Q Eylea U.S. sales est. $331m ($316m-$343m) * Full-year Eylea U.S. sales est. $1.36b ($1.30b-$1.41b) * REGN in May raised yr Eylea U.S. outlook to $1.25b- $1.325b after 1Q U.S. sales […]
* Traders increased net short position in Australian dollar futures to 72,573 contracts in the week ended July 30 vs 63,982 contracts in the previous week, most bearish since at least Jan. 1993: CFTC • Japanese yen shorts fell to 82,135 contracts vs 87,496 contracts, least bearish since July 9 • Euro shorts fell to […]
* Traders are speculating that the worst is over for Potash Corp. of Saskatchewan Inc. and Mosaic Co., pushing bearish options to the cheapest in at least two years, after the stocks tumbled more than 20 percent. * Puts protecting against a 10 percent decline in Potash Corp. shares cost 0.96 points more than calls […]