Month: November 2012

DIRECTV ( DTV ) is slated to release its third-quarter 2012 results on Tuesday, November 2, 2012, before the opening bell. The current Zacks Consensus Estimate for the fourth quarter is pegged at 92 cents, representing an annualized growth of 31.79%. […]

Flowserve Corporation ( FLS ) reported third-quarter 2012 earnings per share of $2.07, beating the Zacks Consensus Estimate by a couple of cents and 9.5% higher than the year-ago level. Profits were primarily driven by solid top-line growth, operational progress and improved SG&A leverage. The company also witnessed record aftermarket backlog during the quarter […]

Optimer Pharma ’s ( OPTR ) third quarter 2012 net loss (excluding special items) of 56 cent per share was narrower than the year-ago loss of 57 cents per share and the Zacks Consensus loss Estimate of 64 cents. Higher revenues led to the narrower loss in the third quarter of 2012. Revenues in the third quarter of 2012 came in at $17.9 million, up 61.3% from the year-ago quarter. […]

Hartford Financial Services Group Inc. ( HIG ) reported third-quarter 2012 operating earnings of $378.0 million or 78 cents per share, significantly lagging the Zacks Consensus Estimate of 82 cents. Operating earnings, however, surpassed the year-ago earnings of $50.0 million or 8 cents per share […]

Microchip Technology Incorporated ( MCHP ) expects to report net sales of $407 million – $408 million in the second quarter of fiscal 2012. Last month, the company lowered its forecast citing weak economic environment, which continues to adversely impact the company’s business as well as the overall semiconductor industry. Microchip had earlier projected sales between $412 million and $430 in the second quarter. […]

Equinix Inc. ( EQIX ) reported third quarter 2012 earnings per share of 57 cents, in line with the Zacks Consensus Estimate. […]

Plains Exploration & Production Company ( PXP ) posted third-quarter 2012 pro forma earnings of 39 cents per share, in line with the Zacks Consensus Estimate. However, quarterly earnings were lower than the year-ago figure of 45 cents per share. The company’s third-quarter 2012 GAAP loss was 41 cents compared with 62 cents in the year-ago quarter […]

Continuing with its acquisition spree, STAG Industrial, Inc. ( STAG ) recently acquired two industrial properties in separate transactions for approximately $13.4 million. With these transactions, the company’s year-to-date acquisition volume has surged to $357 million […]

BMC Software Inc. ( BMC ) reported fiscal second quarter 2013 earnings per share of 71 cents, inching past the Zacks Consensus Estimate of 70 cents. […]

We are reiterating our Neutral recommendation on the shares of Chubb Corp. ( CB ), following its third-quarter earnings release. The quarter benefited from strong underwriting results as well as unusually low catastrophe losses, enabling the insurer to significantly beat the Zacks Consensus estimate […]

Corning Inc. ( GLW ) recently completed its acquisition of the majority portion of the Discovery Labware unit from Becton, Dickinson & Co. ( BDX ) […]

Brightcove Inc. ( BCOV ) reported a loss of 11 cents in the third quarter of 2012, in line with the Zacks Consensus Estimate. […]

The Financial Stability Board (FSB) has specified four banks as extremely vital in the entire banking system. Also, FSB expects these banks to hold additional capital that would act as a buffer for absorbing any potential losses in adverse scenarios. These banks have been chosen on the basis of the 2011 data, related to their size, interrelations as well based on a host of other conditions […]

Macy’s Inc . ( M ) – one of the leading department store retailers in the U.S. […]