Month: August 2011

SC Johnson ‘Flip the Switch’ Initiative Reduces Energy Use By 35 Percent Per Fixture at Its Largest Manufacturing Plant

August 3, 2011 0

SC Johnson ‘Flip the Switch’ Initiative Reduces Energy Use By 35 Percent Per Fixture at Its Largest Manufacturing Plant Employee-driven Effort Underscores Savings Possible from Monitoring Energy Consumption PR Newswire RACINE, Wis., Aug. 3, 2011 RACINE , Wis., Aug. 3, 2011 /PRNewswire/ — An ambitious energy-savings initiative driven by SC Johnson employees has resulted in a 35 percent energy savings per fixture in more than 700 light fixtures at the company’s largest manufacturing plant in Sturtevant, Wis. […]

Stock Analysts

Amedisys Disappoints, Guides Lower (AMED)

August 3, 2011 0

Home health care provider, Amedisys ( AMED ) reported EPS of 75 cents in the second quarter of 2011, down 33.6% from $1.13 per share in the year-ago quarter. However, after adjusting for certain one-time items, EPS came in at 67 cents, missing the Zacks Consensus Estimate by 2 cents and 41.7% lower than the year-ago quarter. Amedisys primarily earns revenue from its home health and hospice agencies by providing a variety of services at homes […]

Stock Analysts

Merge EPS Beats, Revs in Line (GE) (MCK) (MRGE)

August 3, 2011 0

Merge Healthcare ( MRGE ) reported an adjusted EPS of 6 cents in the second quarter of fiscal 2011, significantly higher than the prior-year quarter’s loss of 5 cents per share. According to the Zacks Consensus Estimate, the company was expected to break even during the quarter. Solid growth across all segments of Merge, triggered 92% year over year increase in total revenues to $55.6 million in the quarter. […]

Stock Analysts

TowerJazz set to Deliver Highest ever Quarterly Revenue (TSEM)

August 3, 2011 0

Ken Nagy, CFA TowerJazz set to Deliver Highest ever Quarterly Revenue TowerJazz ( TSEM ) is a pure-play semiconductor wafer foundry with two IC plants in Israel and one in California, that manufacture SiGe, MEMS, RF, embedded flash-based memory, analog/mixed-signal, and CMOS image-sensor devices. Over the past year the firm has been building capacity due to accelerated design-win momentum, which have been realized within a large group of diversified, global customers, many of which being market share and technology platform leaders for their respective markets. TowerJazz reports quarterly revenue tomorrow […]

Stock Analysts

New data support PCT in forensic applications (PBIO)

August 3, 2011 0

Grant Zeng, CFA Continued Positive Data Support PCT In Forensic Application On August 1, 2011, Dr. Bruce McCord from Florida International University presented updated results of PCT platform technology for forensic applications at an international forensics conference in Vermont. In the presentation titled “ DNA recovery by pressure cycling and its potential application to differential extraction ”, Dr. […]

Stock Analysts

Macerich Meets Estimates (MAC) (SPG)

August 3, 2011 0

Macerich Co. ( MAC ) reported second quarter 2011 FFO (fund from operations) of $66.7 million or 47 cents per share compared with $77.5 million or 57 cents per share in the year-earlier quarter. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income […]

Mergers & Acquisitions

DDB Worldwide Announces the Acquisition of Synergy

August 3, 2011 0

DDB Worldwide Announces the Acquisition of Synergy PR Newswire NEW YORK, Aug. 3, 2011 NEW YORK , Aug. 3, 2011 /PRNewswire/ — DDB Worldwide President and CEO Chuck Brymer announced today the acquisition of Synergy, a global player in medical and scientific communications that will be part of DDB Worldwide’s growing DDB Health group […]

Mergers & Acquisitions

Hinduja Global Solutions (HGS) Acquires Canada Based OLS Inc

August 3, 2011 0

Hinduja Global Solutions (HGS) Acquires Canada Based OLS Inc PR Newswire BANGALORE, India, August 3, 2011 BANGALORE, India , August 3, 2011 /PRNewswire/ — HGS, a leading provider of outsourcing solutions has acquired 100 % of the common stock of Canada based Customer Relationship Management company – On-Line Support Inc (OLS) at an enterprise value of C$74.85 million in an all cash deal. OLS is a leading contact centre provider servicing marquee customers across verticals such as media, telecom, technology and BFSI. OLS offers technical support, inbound and outbound sales, customer care and customer retention in English and French languages and has over 1,650 seats at 10 sites in Canada . […]

Stock Analysts

AZN’s EPS Falls Shy, Guides Higher (AZN) (MRK)

August 3, 2011 0

AstraZeneca plc ( AZN ) reported second-quarter fiscal 2011 core earnings of $1.73 per American Depositary Share (ADS), missing the Zacks Consensus Estimate of $1.77 and the year-ago earnings of $1.79. Earnings slipped as a result of lower revenues and higher operating expenses. […]