NewzSAO PAULO (AP) — SAO PAULO (AP) — Companhia Brasileira de Distribuicao (CBDBY) on Tuesday reported a loss of $49.9 million in its second quarter. On a per-share basis, the Sao Paulo-based company said it had a loss of 10 cents. Losses, adjusted to account for discontinued operations, came to 8 cents per share.
The retailer posted revenue of $836.6 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBDBY at https://www.zacks.com/ap/CBDBY Source
NEW YORK (AP) — NEW YORK (AP) — Shutterstock Inc. (SSTK) on Tuesday reported a loss of $155.9 million in its second quarter. The New York-based company said it had a loss of $4.25 per share.
Earnings, adjusted for one-time gains and costs, were 82 cents per share. The online marketplace for royalty-free images and videos posted revenue of $221.8 million in the period. Access a Zacks stock report on SSTK at https://www.zacks.com/ap/SSTK Source
(AP) — Rayonier Advanced Materials Inc. (RYAM) on Tuesday reported a loss of $33 million in its second quarter. On a per-share basis, the Jacksonville, Florida-based company said it had a loss of 49 cents.
Losses, adjusted for asset impairment costs, were 30 cents per share. The maker of cellulose products posted revenue of $376 million in the period. Access a Zacks stock report on RYAM at https://www.zacks.com/ap/RYAM Source
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