Stock markets opened higher on optimism of strong earnings season. Helen of Troy Ltd. reported Q1 net earnings sank to 21 cents a share, from 33 cents a share last year despite net sales growth, missing analysts’ forecasts for a profit of 26 cents a share. Shaw Group Inc. reported narrower Q3 profit loss to 21 cents a share from 31 cents a share a year ago on 37% revenue growth. |
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