Month: November 2011

Stock Analysts

Loss Narrows at Lions Gate (LGF) (TWX)

November 10, 2011 0

Lions Gate Entertainment Corp . ( LGF ) reported a loss of 18 cents per share in the second quarter of 2012, improving considerably from a loss of 22 cents a share in the prior-year quarter as well as the Zacks Consensus Estimate of a loss of 36 cents. Gain on the sale of Maple Pictures and a notable rise in equity interest income helped the company narrow down the loss and drive bottom-line numbers. […]

Stock Analysts

Green Mountain Soars but Falls Shy (GMCR) (PEET) (SBUX)

November 10, 2011 0

Green Mountain Coffee Roasters ( GMCR ) reported robust fourth quarter 2011 results with its quarterly earnings per share (EPS) shooting up 96% year on year to 47 cents. The specialty coffee and coffee maker’s fiscal 2011 earnings soared 113% on a yearly basis to $1.64. However, both fourth quarter and fiscal 2011 EPS failed to surpass the Zacks Consensus Estimate of 48 cents and $1.66, respectively […]

Stock Analysts

Federal Realty Edges Past Estimates (AKR) (FRT)

November 10, 2011 0

Federal Realty Investment Trust ( FRT ), a leading real estate investment trust (REIT), reported third quarter 2011 FFO (funds from operations) of $63.9 million or $1.01 per share compared with $58.8 million or $0.95 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. The reported quarterly FFO beat the Zacks Consensus Estimate by 2 cents. […]

Mergers & Acquisitions

German Government and Daimler AG Plan Sale of 7.5 Percent of EADS Shares by Daimler to KfW Bank Group

November 10, 2011 0

German Government and Daimler AG Plan Sale of 7.5 Percent of EADS Shares by Daimler to KfW Bank Group — Fundamental agreement on German government acquiring a stake in EADS — Sale of 7.5 percent of EADS shares by Daimler to KfW bank group planned for 2012 — KfW to be a member of the shareholder pact — Daimler to retain 15 percent of voting rights and industrial leadership on the German side — Discussions about long-term orientation of investor consortium (“Dedalus”) with an additional 7.5 percent interest in EADS PR Newswire STUTTGART, Germany and BERLIN, Nov. 10, 2011 STUTTGART, Germany and BERLIN , Nov. 10, 2011 /PRNewswire/ — Daimler AG and the German federal government have agreed in principle that the state-owned KfW bank group will take over a 7.5 percent equity interest in the European Aeronautic Defence and Space Company N.V […]

FDA Approval

IDEV Technologies Receives FDA Clearance for Its SUPERA VERITAS 6 French Stent Delivery System

November 10, 2011 0

IDEV Technologies Receives FDA Clearance for Its SUPERA VERITAS 6 French Stent Delivery System Lower Profile Provides Easier Operation, Improved Delivery Control and Efficiencies PR Newswire WEBSTER, Texas, Nov. 10, 2011 WEBSTER, Texas , Nov. 10, 2011 /PRNewswire/ — IDEV Technologies, Incorporated (IDEV), today announced the FDA has granted 510(k) clearance for the company’s 6 French (6Fr) SUPERA VERITAS Transhepatic Biliary Stent System. […]