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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Business & education services

PriceSmart Inc and Yum China shares fall after earnings disappoint - AFTER HOURS

We care covering the after hours buzz stocks in New York

As US futures point to a lower open on Thursday, PriceSmart Inc (NASDAQ:PSMT) shares slumped almost 8% in after-hours trade in New York last night to $81.20 as the warehouse chain reported third quarter earnings that did not meet analysts' expectations.

Elsewhere, and on the other side of the coin, office furniture maker Herman Miller Inc (NASDAQ:MLHR) jumped 7.29% to $30.85 as it reported fourth quarter results that topped analysts' expecations.

Revenue for the three months came in at $577 milllion - shot of expectations for $584 million.

On the geopolitical front, rumblings between the White House and North Korea rumble on after a missile test was launched and went further than the North has achieved up to now, prompting fears an attcak c ouold reach Alaska.

Elsewhere, Yum China (NYSE:YUMC) shares tanked 5.31% to $40.13 after the fast food restaurant company reported second quarter EPS (earnings per share) of $0.27, which did however match analysts' expectations.

To chemicals and pharmaceuticals and Merck & Co (NYSE:MRK), one of the largest in the world, dropped 2$ and is down again in pre-market after the FDA put a hold on three studies by the pharmaceutical company involving a potential treatment for a type of blood cancer.

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