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    • Breaking News
    Dec 21, 2022
    • BlackBerry said fiscal third quarter revenue was flat at $169 million and net loss shrank to $4 million from $54 million and diluted loss per share fell to 9 cents from 10 cents a year ago.
      • Carnival Corp said fiscal fourth quarter revenue surged three-fold to $3.8 billion and loss shrank to $1.6 billion from $2.5 billion and diluted loss per share fell to $1.27 from $2.31 a year ago.
        • Nike said revenue in the fiscal second quarter increased 17% to $13.3 billion and net income was flat at $1.3 billion and diluted earnings per share increased to 85 cents from 84 cents a year ago.
          • Toro said revenue in the fiscal fourth quarter increased 14% to $4.51 billion and net income rose 8% to $443.3 million from $409.9 million and diluted earnings per share rose 11% to $4.20.
            • Dec 20, 2022
            • The Bank of Japan widened its 10-year bond yield range to between zero and 0.5% from zero and 0.25% after six years of loose monetary policy. The BoJ left its key lending rate at -0.1%.
              • The Nikkei 225 index in Tokyo plunged 2.5% after the Bank of Japan left bond yield drift lower in an effort to smoothen bond market functioning. The yen soared 3%.
                • Government bond yields around the world spiked after the Bank of Japan widened its yield range and let the bond yields rise after six years of loose monetary policy.
                  • General Mills fiscal second quarter revenue rose 4% to %5.2 billion and net income increased 1% to $605.9 million and diluted earnings per share rose to $1.01 from 97 cents a year ago.
                    • FactSet Research Systems fiscal Q1 revenue rose 19% to $504.8 million and net income rose 27.1% to $136.8 million and diluted earnings per share increased to $3.52 from $2.79 a year ago.
                      • FedEx revenue in the fiscal second quarter declined 3% to $22.8 billion and net income dropped to $788 million from $1.04 billion and diluted earnings per share fell to $3.07 from $3.88 a year ago.