Dycom Industries tops Street 4Q forecasts PALM BEACH GARDENS, Fla. _ Dycom Industries Inc. on Tuesday reported fiscal fourth-quarter earnings of $33.8 million. Four analysts surveyed by Zacks expected $565.7 million. For the current quarter ending in November, Dycom Industries said it expects revenue in the range of $615 million to $635 million.
Source: The Associated Press
COLUMN-The 21 commodities that say China isn't the problem: Russell --Clyde Russell is a Reuters columnist. LAUNCESTON, Australia, Aug 25- One of the reasons advanced for the plunge in commodity prices is concern over the outlook for Chinese demand for raw materials as growth slows in the world's second-largest economy. There is always a danger in placing too much emphasis on just one month's figures, but the above numbers show that...
Godrej: Weaker ringgit, rupiah are helping us Adi Godrej, chairman of Godrej Group, says the benefits of a cheaper import bill for palm oil due to recent sharp falls in the ringgit and rupiah offset the negative currency impact on its consumer product business in Indonesia.
Apple tips off tech tumble Toni Sacconaghi, Bernstein analyst, provides his thoughts on what's causing tech stocks to struggle and whether Apple's September 9th event will help turn things around for the sector.
How FGVH copes with weak ringgit, palm oil price Emir Mavani Abdullah, group president & CEO at Felda Global Ventures (FGVH), discusses how the Malaysia-based global agricultural and agri-commodities company is coping with falling crude palm oil prices and a weaker ringgit.
GRAINS-Soy stuck at 6-year low on U.S. rain, corn stays firm *Wheat holds at $5 as corn, dollar offset global supply. Soybeans also remained under pressure from concerns about the economy in China that have pushed commodity markets to multi-year lows. Chicago wheat also ticked upwards, drawing support from corn, a weaker dollar and chart support around the $5 level.
| By: Gus Trompiz and Naveen Thukral