Kohl's beats Wall Street expectations
MENOMONEE FALLS, Wis. (AP) – Kohl’s Corp. (KSS) on Tuesday reported fiscal fourth-quarter profit of $186 million.
The Menomonee Falls, Wisconsin-based company said it had net income of $1.67 per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.24 per share.
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Read MoreCANADA STOCKS-Tech stocks lift TSX at open
March 12 (Reuters) – Canada’s main stock index opened higher on Tuesday, pulled up by rate-sensitive technology stocks, as investors kept alive interest rate cut bets from the U.S. Federal Reserve in the coming months after inflation data from the United States.
At 9:31 a.m. ET (13:31 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 31.68 points,
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Read MorePBoC will continue to buy Gold in the coming months – Commerzbank
Economists at Commerzbank expect the Gold price to remain supported as the PBoC is set to continue buying Gold.
Chinese central bank continues to buy Gold
The Chinese central bank (PBoC) continued to increase its Gold reserves in February for the 16th consecutive month.
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Read MoreIs it too late to invest in the gold rush?
On the High Street in Hungerford, a historic market town about an hour west of Reading, is Nigel Montgomery’s stamp and coin shop.
He has traded precious metals for about 50 years, but has never seen a gold rush like this: the price of a troy ounce, the unit used to weigh precious metals that dates to the Middle Ages,
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