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Signet: Fiscal Q1 Earnings Snapshot

HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Signet Jewelers Ltd. (SIG) on Tuesday reported earnings of $31.7 million in its fiscal first quarter.

On a per-share basis, the Hamilton, Bermuda-based company said it had profit of 78 cents. Earnings, adjusted for one-time gains and costs, came to $1.56 per share.

The jewelry company posted revenue of $1.55 billion in the period.

For the current quarter ending in July, Signet said it expects revenue in the range of $1.5 billion to $1.53 billion.

The company expects full-year earnings in the range of $9.20 to $11 per share, with revenue ranging from $6.7 billion to $6.9 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SIG at https://www.zacks.com/ap/SIG

Construction workers find $10 million gold stash in renovations

Construction workers in Belgium stumbled upon a stash of gold believed to be worth more than $10 million during renovation work on a building.Police said they were "immediately" contacted by the workers after they discovered "a large quantity of gold" while working on a building in the east Flemish town of Dendermonde. The local police department posted a picture on its Facebook page of around 50 gold bars and piles of gold coins.Belgian news outlets reported that bars and coins worth an estimated nine million euros ($10.4 million) were found bricked into the cellar walls during the renovation of a house belonging to a local charity, CAW East-Flanders.Local police in Dendermonde, Belgium posted a picture of approximately 50 gold bars found by construction workers during renovations on a building. Lokale Politie Dendermonde/Facebook One worker interviewed by Belgian news outlet VRT said the crew's "first reaction was actually disbelief, amazement.""We stumbled across it while carrying out groundwork to lay a pipe for the sewerage system," said the man identified only as Kobe. "We certainly hadn't expected to find gold."Police said the gold was "inventoried and secured as quickly as possible in a high-security vault belonging to the federal government services."Belgian police said the construction workers contacted them immediately after finding the golden haul.
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