Mergers & Acquisitions

Dynamic Healthcare Services Acquires Evanko Respiratory Inc., a Provider of Medical Equipment and Respiratory Therapy Products and Services in Hazleton, PA

Dynamic Healthcare Services Acquires Evanko Respiratory Inc., a Provider of Medical Equipment and Respiratory Therapy Products and Services in Hazleton, PA Dynamic Healthcare Services Strategically Expanded Its Business in the Hazleton, PA Market with the Evanko Respiratory Acquisition PR Newswire HARRISBURG, Pa., Nov. 5, 2012 HARRISBURG, Pa. […]

Stock Analysts

Lincoln Beats on High Top Line (GNW) (LNC) (MFC)

Lincoln National Corporation ’s ( LNC ) third-quarter 2012 operating earnings of $1.18 per share significantly outpaced the Zacks Consensus Estimate of $1.01 and the prior-year quarter’s earnings of $1.03 a share, primarily on lower share count. Yet, operating net income inched up 1.8% year over year to $335 million. Nevertheless, reported net income stood at $402 million or $1.41 per share as against $147 million or 47 cents per share in the year-ago quarter. […]

Stock Analysts

Texas Roadhouse Reports Decent 3Q Results (DPZ) (TXRH)

Texas Roadhouse Inc. ( TXRH ) recently posted third quarter 2012 earnings of 25 cents per share, which beat the Zacks Consensus Estimate of 23 cents and prior-year earnings of 22 cents. Total revenue climbed 15.0% from the prior-year quarter to $308.7 million, benefiting from comparable sales growth […]

Economic Data

November 05: Markets Likely To Trade Low – Economic Highlights

It might be a bit of a stretch to expect a big move in either direction, or even to expect relatively high volume today. We are currently rife with uncertainty, and nothing cures uncertainty in one fell swoop like a General Election. Once the polls have been counted, likely by Tuesday night, the markets will have their road maps ready, regardless of the outcome… The markets have been able to absorb roughly two-thirds of the disappointing 3rd quarter earnings season […]

Stock Analysts

Holding Pattern til Tuesday

It might be a bit of a stretch to expect a big move in either direction, or even to expect relatively high volume today. We are currently rife with uncertainty, and nothing cures uncertainty in one fell swoop like a General Election. Once the polls have been counted, likely by Tuesday night, the markets will have their road maps ready, regardless of the outcome… The markets have been able to absorb roughly two-thirds of the disappointing 3rd quarter earnings season […]

Economic Data

Ahead of Wall Street – Nov. 5, 2012 – Ahead of Wall Street (HUM)

November 5, 2012 (Note: This is Mark Vickery, substituting for Sheraz Mian while he is away.) It might be a bit of a stretch to expect a big move in either direction, or even to expect relatively high volume today. We are currently rife with uncertainty, and nothing cures uncertainty in one fell swoop like a General Election. Once the polls have been counted, likely by Tuesday night, the markets will have their road maps ready, regardless of the outcome… The markets have been able to absorb roughly two-thirds of the disappointing 3rd quarter earnings season. […]

Mergers & Acquisitions

Investcorp acquires Scandinavia’s leading luxury brand Georg Jensen

Investcorp acquires Scandinavia’s leading luxury brand Georg Jensen LEVERAGING ON INVESTCORP’S PRIOR TRACK RECORD OF INVESTING IN LUXURY BRANDS SUCH AS TIFFANY AND GUCCI Teaming up with luxury sector entrepreneur David Chu, to cultivate a leading global luxury brand PR Newswire NEW YORK, Nov. 5, 2012 NEW YORK , Nov. 5, 2012 /PRNewswire/ — Investcorp, a leading provider and manager of alternative investment products, today announced that it has signed a definitive agreement to acquire Scandinavia’s leading luxury retailer Georg Jensen for $140 million from private equity group Axcel Capital Partners. […]

Stock Analysts

Las Vegas Lags,Raises Dividend (LVS) (MGM)

Casino company – Las Vegas Sands Corp. ( LVS ) recently reported adjusted earnings of 46 cents per share in the third quarter of 2012, substantially below the Zacks Consensus Estimate of 60 cents and the year-ago quarter earnings of 55 cents per share. […]

Stock Analysts

Northeast Utilities Posts Mixed 3Q (NI) (NU)

Northeast Utilities ( NU ) reported third-quarter 2012 pro forma earnings per share of 70 cents, beating both the Zacks Consensus Estimate of 65 cents and year-ago quarterly figure of 51 cents a share. On a GAAP basis, the company’s quarterly earnings per share were 66 cents versus 51 cents in the prior-year quarter. The variance between pro forma and GAAP earnings were due to after-tax charges of 4 cents related to the merger with NSTAR. […]