Month: November 2012

Recently, Washington Federal Inc. ( WAFD ) announced the completion of the acquisition of Oregon-based South Valley Bancorp Inc. […]

MetLife Inc. ( MET ) reported third-quarter 2012 operating earnings per share of $1.32, comfortably beating both the Zacks Consensus Estimate of $1.28 and year-ago quarter’s earnings of 91 cents. […]

Inmet's new offer for Petaquilla inadequate; Zacks raises target price again By Steven Ralston, CFA On October 24 th , Inmet Mining ( T.IMN ) ( IEMMF ) increased its cash- stock offer for Petaquilla Minerals ( T.PTQ ) ( PTQMF ) by 25% from $0.48 to $0.60 per share. We concur with the opinion of UBS Securities Canada, Petaquilla's financial advisor, that Inmet’s revised offer is inadequate and does not sufficiently reflect Petaquilla’s value. […]

PartnerRe Ltd. ’s ( PRE ) third-quarter 2012 operating earnings per share of $3.90 significantly surpassed the Zacks Consensus Estimate of $2.06 and the year-ago earnings of $2.41. As a result, operating net income soared to $244.4 million from $164.5 million in the prior-year quarter […]

Unum Group ( UNM ) reported third-quarter operating income of 80 cents per share, beating the Zacks Consensus Estimate by 3 cents. Earnings improved almost 7% year over year. Operating income was $224 million in the quarter, inching up 0.4% from the prior-year quarter. […]

Ocwen Financial Corp ( OCN ) reported third quarter 2012 earnings of 37 cents per share, missing the Zacks Consensus Estimate of 40 cents. However, this compares favorably with the prior-year quarter earnings of 19 cents. Substantial rise in the top line and stable balance sheet position were the positives for the quarter […]

Energy services holding company AGL Resources Inc. ( GAS ) reported lackluster third-quarter 2012 results, owing to poor performance from Distribution segments as well as higher operating costs. […]

Teco Energy Inc. ( TE ) announced third quarter 2012 earnings of 42 cents per share, marginally higher than the year-ago earnings of 40 cents per share. […]

AmerisourceBergen Corporation’s ( ABC ) fourth quarter fiscal 2012 earnings (excluding employee severance and acquisition costs) of 72 cents per share beat the Zacks Consensus Estimate of 68 cents and the year-ago earnings by 23%. A lower share count aided fourth quarter earnings. […]

L-3 Communications Holdings Inc. ( LLL ) reported its third quarter 2012 earnings per share of $1.97, surpassing the Zacks Consensus Estimate of $1.86. […]

Lincoln Electric Holdings Inc. ( LECO ) reported third-quarter 2012 earnings of 80 cents per share, up 21.2% from 66 cents in the year-earlier quarter and ahead of the Zacks Consensus Estimate of 73 cents. Adjusted income included special items of 3 cents per share in the reported quarter while the year-ago quarter did not note any such items. […]

After receiving approval from ANS – the Brazilian Healthcare Regulatory Agency – and purchasing approximately 60% of Brazil-based Amil Participações S.A.’s outstanding shares from controlling shareholders and management, UnitedHealth Group Inc. ( UNH ) completed first lap of the latter’s buyout. UnitedHealth had announced the purchase of Amil earlier in October this year. […]

Canada’s largest telephone operator BCE Inc. ( BCE ) reported third-quarter 2012 adjusted earnings of 76 Canadian cents per share or (77 cents per ADS) missing the Zacks Consensus Estimate of 78 cents. […]

Companhia Siderurgica Nacional’s ( SID ), or CSN’s net results in the third quarter 2012 though improved from a loss reported in the second quarter 2012, failed to gain momentum and lagged behind the year-ago earnings. Net earnings in the quarter came in at R$159.1 million (US$79.6 million) versus net earnings of R$1,097.2 million (US$673.1 million) reported in the year-ago quarter. Earnings per share came in at R$0.11, or US$0.06 per ADR, above the Zacks Consensus Estimate of US$0.01 per ADR […]

Watson Pharmaceuticals Inc. 's ( WPI ) third quarter 2012 earnings (excluding special items) of $1.35 per share surpassed the Zacks Consensus Estimate by 6 cents. […]