Stock Analysts

Symmetry’s 2Q Mixed, Shaves View (JNJ) (SMA) (SYK) (ZMH)

Symmetry Medical ’s ( SMA ) second-quarter fiscal 2011 adjusted earnings per share of 16 cents beat the Zacks Consensus Estimate by a couple of cents and exceeded the year-ago adjusted earnings of 13 cents. Adjusted earnings exclude facility consolidation expenses, employee severance payments and management transition costs. […]

Stock Analysts

Buckeye Beats Estimates (BPL) (FGP)

Buckeye Partners L.P. ( BPL ) announced second-quarter 2011 operating earnings of $1.00 per limited partner unit, surpassing the Zacks Consensus Estimate of 80 cents per unit. The results of the partnership were higher than the year-ago earnings of 58 cents per unit. […]

Stock Analysts

EA Unveils Battlefield 3 Editions (ATVI) (ERTS) (MSFT) (SNE) (TTWO)

Video game developer and publisher, Electronic Arts ( ERTS ) better known as EA, announced the launch of two editions of its highly anticipated Battlefield 3 and some unique pre-order items at participating retailers in North America. Battlefield 3, which has been developed by EA studio DICE, is scheduled for release on October 25, 2011. Battlefield 3 was initially expected to release later in November. […]

Stock Analysts

RRD Gets Print Management Contract (RRD) (T) (VZ)

R.R. Donnelley & Sons Company ( RRD ) won a multi-year print management contract from Herbalife, a nutrition and weight management company. According to the contract, the company would produce and manage Herbalife’s wide range of products, including catalogs, magazines, commercial and digital printing, forms, labels and event marketing materials. […]

Stock Analysts

Fidelity Abandons Misys (FIS) (FISV)

Fidelity Inc. ( FIS ) recently announced that it has abandoned its plan of acquiring British financial software company Misys Plc., after the two companies failed to reach a consensus regarding the purchase price. Earlier, in late June, Florida-based Fidelity made a preliminary offer to buy Misys for approximately $2.27 billion. […]

Stock Analysts

ConEd Tops EPS, Sales Miss (AEP) (ED)

Consolidated Edison Inc. ( ED ), also known as ConEd, announced second quarter fiscal 2011 results with pro forma earnings per share ('EPS') of 57 cents above the Zacks Consensus Estimate of 53 cents and the prior-year figure of 51 cents. GAAP and pro forma EPS in the reported quarter were the same while GAAP EPS in the prior-year quarter was 65 cents. […]

Mergers & Acquisitions

Southwest Airlines Announces Share Repurchase Authorization

Southwest Airlines Announces Share Repurchase Authorization PR Newswire DALLAS, Aug. 5, 2011 DALLAS , Aug. 5, 2011 /PRNewswire/ — Southwest Airlines’ (NYSE: LUV) Board of Directors has authorized the Company to repurchase, on a discretionary basis, up to $500 million of the Company’s common stock. […]

Stock Analysts

PerkinElmer Sails Past Estimates (PKI) (TMO)

PerkinElmer ( PKI ) reported second-quarter fiscal 2011 adjusted (excluding one-time expenses) earnings per share of 42 cents, sailing past the Zacks Consensus Estimate of 40 cents and the year-ago earnings per share of 33 cents. The results surpassed the company’s prior guidance of 38–40 cents. […]