Here is a look at the 3rd
Quarter performance for both traditional and alternative mutual fund categories as reported by Morningstar.
Looking at first
quarter performance for the year, the sector is bucking the trend with stable growth compared to the relatively poor manufacturing growth performance.
Not exact matches
The 0.4 per cent growth rate
for the gross domestic product, the economy's total output of goods and services, was the weakest quarterly
performance in almost two years and followed a much faster 3.1 per cent increase in the third
quarter.
The world's biggest sportswear maker last month reported flat sales in its home region
for its fiscal fourth
quarter, its worst
performance for over six years amid strong competition from Adidas and Under Armour (ua).
Marks & Spencer ended up by more than 1.3 percent after keeping its fiscal - year guidance unchanged on Thursday and announcing a better - than - expected
performance in both clothing and home - product sales
for its third
quarter.
«Our second
quarter performance exceeded our expectations, driven by a return to growth
for Coach, sales gains at Stuart Weitzman and the contribution of Kate Spade as we continued to make progress on the brand's integration,» CEO Victor Luis said in a statement.
«We're pleased with our improved
performance in the
quarter as it demonstrates the earnings power of our diversified franchise and shows what is possible with modest improvements in the environment and client activity, and we believe there is room
for additional revenue and earnings growth, as we further diversify our global franchise across a broader client base with an expanded suite of products and services.»
«However, what will matter
for Fed policy is not the weak
performance in the second
quarter, but whether spending reaccelerates or remains stuck in the coming months.»
«We experienced strong Medicare Advantage enrollment growth and solid
performance across all segments in the first
quarter, with early positive indicators of medical utilization allowing us to raise guidance
for the year,» said Brian A. Kane, Chief Financial Officer.
Total volume was even
for the
quarter because of a 1 % decline in sparkling soft drinks and a flat
performance for the juice, dairy and plant - based beverages Coke sells.
Looking at particular stocks, the French firm Carrefour reported a stronger
performance for the second
quarter of the year on Thursday and kept its 2017 sales growth outlook.
PARIS, April 12 (Reuters)- Booming demand
for L'Oreal's luxury cosmetics brands like Lancome, particularly in China, helped boost the company's first -
quarter sales, offsetting a more wobbly
performance in the group's mass market division.
Fortune: Critics slammed Apple
for its flat fiscal - first -
quarter performance, despite selling 74 million iPhones and making $ 18 billion in profit.
Wal - Mart onlines sales growth has sharply decelerated
for five
quarters even though its overall
performance has been better than most competitors.
«While revenue and EBITDA
performance was stronger - than - expected this
quarter, it does not compensate
for slowing monthly average user trends,» he wrote in a February 6 report.
In the third
quarter of 2015, Goldman Sachs produced year - to - date net revenues of $ 5.48 billion — it's highest
performance for that period since 2007.
The reason the S&P 500's recent
performance looks so good is that earnings cratered
for six
quarters (stretching from that peak in late 2014 to early 2016), thanks to a collapse in oil prices that pushed earnings
for energy giants deeply into the red.
It's based on the company's
performance to date, as well as a conservative projection
for the final two
quarters.
Same - store sales, a key
performance metric that strips out volume at stores open
for less than a year, grew 0.3 per cent at Tim Hortons, reversing two consecutive
quarters of...
«Although we've now seen two consecutive
quarters of strong market growth, we believe the strong market
performance has less to do with strengthening demand and more to do with increased appetite from the channel
for inventory,» added Linn Huang, research director, Devices & Displays.
(Reuters)- Asian stocks edged up in April after declines the two previous months, helped by receding tension in the Korean peninsula and a strong earnings
performance in the first
quarter for regional equities.
Also, if a majority of the Board is comprised of persons other than (i) persons
for whose election proxies were solicited by the Board; or (ii) persons who were appointed by the Board to fill vacancies caused by death or resignation or to fill newly - created directorships («Board Change»), unless the Committee or Board determines otherwise prior to such Board Change, then participants immediately prior to the Board Change who cease to be employees or non-employee directors within six months after such Board Change
for any reason other than death or permanent disability generally have their (i) options and stock appreciation rights become immediately exercisable and to the extent not canceled or cashed out, generally have at least six months to exercise such awards; (ii) restrictions with respect to restricted stock and RSRs lapse and generally shares are delivered; and (iii)
performance shares and
performance units pay out pro rata based on
performance through the end of the last calendar
quarter before the time the participant ceased to be an employee.
A number of factors — such as rising US interest rates, the recurrence of big fluctuations in global currencies, and the widening dispersion of equity returns across sectors and regions — may have helped to create an increasingly conducive environment
for hedge - fund strategies, which have seen a positive turnaround in
performance in recent
quarters.
It remains cautious however, highlighting that as the final
quarter of 2015 unfolds, «a growing challenge
for gold and
for the rest of the precious metals complex would be that investors are likely to become more protective of year - to - date
performance.»
FLAX: So, we ca n`t speak specifically to some of the growth rates, but when you look at the
performance this
quarter of approximately 20 percent growth, you have other assets like Waymo,
for example, in their — in their autonomous driving program.
During fiscal 2010, the NEOs were eligible
for a discretionary matching contribution of up to 4 %, based on HP's financial
performance during each fiscal
quarter.
Before the end of the first
quarter of the relevant fiscal year, the Committee establishes financial and
performance targets and opportunities
for such year, which are based upon the Company's goals
for Earnings Before Interest Taxes Depreciation and Amortization (EBITDA) and are linked to our budget and plan
for long - term success.
After a disappointing
performance in the fourth
quarter for the sector as a whole, the group is expected to show a «marked improvement,» with CyrusOne Inc (NASDAQ: CONE) and Digital Rlty (NYSE: DLR) being...
In the second
quarter of fiscal 2017, the company performed an interim impairment assessment on the intangible assets of the Bolthouse Farms carrot and carrot ingredients reporting unit and the Garden Fresh Gourmet reporting unit as operating
performance was well below expectations and a new leadership team of the Campbell Fresh division initiated a strategic review which led to a revised outlook
for future sales, earnings, and cash flow.
In the third
quarter of 2009, we completed
performance reviews
for our employees and executive officers, and in some cases as a result of these reviews, executive officers received additional stock option grants.
As disclosed in our Consolidated Financial Statements
for the fiscal year ended October 31, 2010, HP matching contributions under both the HP 401 (k) Plan and the EDS 401 (k) Plan in fiscal 2010 were on a quarterly, discretionary,
performance - based match of up to a maximum of 4 % of eligible compensation
for all U.S. employees to be determined each fiscal
quarter based on business results.
As
for Elanco, it turned in less - than - stellar
performance in the third
quarter of last year, reviving questions about whether Lilly might spin off what has long been a leading player in animal health.
In particular, same - restaurant sales have now exceeded our estimate of industry
performance for 14 consecutive
quarters, and new units continue to significantly exceed their value - creation hurdle.
This morning, I'll discuss fiscal 2012 fourth
quarter sales
performance and fiscal 2013 strategic priorities
for Olive Garden, Red Lobster and LongHorn, and then Gene will do the same
for the brands in our Specialty Restaurant Group.
IMI revenue up; warns on forex headwindsIMI PLC (IMI.LN) said Thursday that first -
quarter performance continued the improved trend of 2017, albeit with uncertainty in some segments, and that current trading remains consistent with market expectations
for the year.
Kellogg is reaping in the benefits of its move into healthier eating, with the cereal maker crediting strong growth in sales of good -
for - you products
for its better than expected first
quarter performance.
The return
for the Equity and Income Fund in the
quarter was 1 % while the Lipper Balanced Fund Index, the Fund's
performance benchmark, returned 2 %.
The largest detractor from
performance for the
quarter and past twelve months was Apache, the U.S. - based oil and gas exploration and production company.
For the past few
quarters, we have written about the strong
performance of U.S. equities relative to the rest of the world.
These numbers might not spell all - out trouble if it weren't
for Amazon's
performance during the same period: The company's electronics and general merchandise business — basically the core of its retail operation — grew 35 percent in North America in the
quarter, marking the segment's highest growth rate in several years.
Another large detractor from
performance for the
quarter was CNH Industrial (Netherlands), a manufacturer of agricultural and construction equipment.
The Equity and Income Fund returned 3 % in the
quarter, which contrasts to a 4 % gain
for the Lipper Balanced Funds Index, the Fund's
performance benchmark.
The Equity and Income Fund earned 4 % in the
quarter, which contrasts to a 2 % gain
for the Lipper Balanced Funds Index, the Fund's
performance benchmark.
Richemont, the world's second - biggest luxury goods company, was the largest contributor to
performance for the
quarter, returning 19 %.
For the March quarter, the Equity and Income Fund showed a loss of 1.6 %, compared to a 1.0 % loss for the Lipper Balanced Fund Index, the Fund's performance benchma
For the March
quarter, the Equity and Income Fund showed a loss of 1.6 %, compared to a 1.0 % loss
for the Lipper Balanced Fund Index, the Fund's performance benchma
for the Lipper Balanced Fund Index, the Fund's
performance benchmark.
A large detractor from the Fund's
performance for the past
quarter was Hengdeli Holdings, the large luxury watch retailer in the greater China region.
Fellow Shareholders, I am pleased to report that both the Oakmark International Fund and Oakmark International Small Cap Fund delivered solid absolute
performance and outperformed on a relative basis
for the
quarter.
EDMONTON, ALBERTA - In the news release, «CWB reports financial
performance for the fourth
quarter and fiscal 2016,» issued earlier today by Canadian Western Bank (TSX: CWB), balances of loans classified as past due but not impaired were overstated within the Credit Quality section of the release.
Credit Suisse, one of Switzerland's top financial services groups, was the largest detractor from
performance for the
quarter, declining 22 %.
For information on how Contributor / Detractor data were calculated and a list showing the contribution to the Strategy's weekly
performance of each investment held at such
quarter end, contact us.