Shares of Eaton Vance Corp EV dropped about 3.5% after the company reported its FQ4 results. The company's earnings came in at $0.41 per share, up from $0.34 per share, in the year-ago quarter. The company's revenue came in at $303.6 million, up from $273 million, in the year-ago period. However, analysts were expecting profit of $0.39 per share on revenue of $287.3 million.
US dollar remained higher, after the US sales of existing homes in October dropped 2.2% to a seasonally-adjusted annualized rate of 4.43 million. The dollar index (DXY) gained about 0.98%. Against the greenback, the euro lost about 1.5054%.
Canadian stocks are lower after exchange of artillery fire between North and South Korea. The S&P/TSX Composite Index dipped about 0.83%. Some of the top decliners in the list include Suncor Energy Inc SU, Encana Corp ECA and Teck Resources Ltd TCK. However, shares of Barrick Gold Corp ABX moved up slightly.
Shares of Jack in the Box Inc JACK dipped about 9.5% after the company reported a 90% y/y decline in its Q4 profit. The company earnings came in at $0.07 per share, down from $0.70 per share, in the year-earlier period. Excluding one-time items, the company posted its net income at $0.34 per share. The company's revenue increased 4% y/y to $563.2 million. However, analysts were expecting profit of $0.36 per share on revenue of $543.2 million.
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