Stock Analysts

Volcano Beats Earnings, Downturn Ahead (ARAY) (ISRG) (MR) (VOLC)

Volcano Corporation ( VOLC ) reported adjusted earnings per share (EPS) of 2 cents in the first quarter of 2013. The result betters the year-ago break-even level as well as the Zacks Consensus Estimate of a loss of a penny. On a reported basis, the company recorded loss of 6 cents per share in the first quarter of 2013, a downfall from the break-even level in the prior-year quarter […]

Stock Analysts

Trimble’s 1Q Earnings in Line (AMAT) (AOL) (FB) (TRMB)

Trimble Navigation’s ( TRMB ) first-quarter 2013 earnings were in line with the Zacks Consensus Estimate of 35 cents. Revenues Trimble’s first-quarter revenues of $556.1 million were up 7.9% sequentially and 10.7% year over year, missing the guided range of $575–$580 million in the quarter. Strengthening in the U.S. […]

Stock Analysts

Hilltop Posts Sturdy 1Q Earnings (AMSF) (AXS) (HTH) (MRH)

Hilltop Holdings Inc. ( HTH ) reported first-quarter 2013 operating earnings per share of 39 cents, outpacing the Zacks Consensus Estimate of 31 cents and the year-ago quarter figure of 1 cent. Net income stood at $32.4 million, significantly improving from $0.3 million in the year-ago quarter […]

Stock Analysts

Rockwood Holdings Beats Ests, Profit Sinks (AVD) (FOE) (MTX) (ROC)

Specialty chemicals and advanced materials company Rockwood Holdings, Inc .’s ( ROC ) first-quarter 2013 adjusted earnings (excluding other net charges) of 68 cents per share were down roughly 45% from the last year’s earnings of $1.23, but beat the Zacks Consensus Estimate by a penny. On a reported basis, the company posted a profit of $18.9 million or 24 cents per share in the quarter, down 75% from $75.8 million or 94 cents per share a year ago. The bottom line was hit by weak results from Titanium Dioxide (TiO2) Pigments and Performance Additives units, partially offset by improved results from Lithium and the Advanced Ceramics medical business […]

Stock Analysts

CEC Earnings & Revs Beat, View Up (CEC)

CEC Entertainment Inc. ’s ( CEC ) earnings of $1.90 per share in the first quarter of 2013 were 4.5% higher than the year-ago level. Without the beneficial impact of share repurchase, earnings were $1.86 per share which beat the Zacks Consensus Estimate of $1.80 per share by 3.33% […]

Mergers & Acquisitions

TransDigm Group Incorporated Commences Tender Offer for All Shares of Aerosonic Corporation

TransDigm Group Incorporated Commences Tender Offer for All Shares of Aerosonic Corporation PR Newswire CLEVELAND and CLEARWATER, Fla., May 7, 2013 CLEVELAND and CLEARWATER, Fla. , May 7, 2013 /PRNewswire/ — TransDigm Group Incorporated (“TransDigm”) (NYSE: TDG) and Aerosonic Corporation (“Aerosonic”) (NYSE MKT: AIM) today announced that TransDigm’s indirect wholly owned subsidiary, Buccaneer Acquisition Sub Inc. […]

Mergers & Acquisitions

Baidu Acquires Online Video Business of PPS for US $370 Million to Create China’s Largest Online Video Platform

Baidu Acquires Online Video Business of PPS for US $370 Million to Create China’s Largest Online Video Platform PR Newswire BEIJING, May 7, 2013 BEIJING , May 7, 2013 /PRNewswire/ — Baidu Inc. (NASDAQ: BIDU), the leading Chinese language Internet search provider, today announced the acquisition of the online video business of leading Internet video provider PPS for US $370 million . Baidu and PPS expect the transaction to close in the second quarter of 2013, subject to customary closing conditions […]

Momentum Stocks

Bull of the Day: CBOE Holdings (CBOE) – Bull of the Day (CBOE) (CME)

Although financials continue to lead the market higher, newer segments are taking the reins in Q2. In addition to smaller regional banking institutions , many investors are seeing solid performances out of firms in the exchange business, such as CBOE Holdings ( CBOE ) . While probably less famous than fellow Chicago-based exchange CME Group ( CME ) , CBOE has been soaring higher for much of 2013 as demand for listed options on securities remains strong. […]

Momentum Stocks

Bear of the Day: Simpson Manufacturing (SSD) – Bear of the Day (JHX) (PGTI) (SSD)

While the construction market may be coming back to start 2013, not all companies have been able to ride the wave higher. In particular, investors have seen weakness in many names in the miscellaneous building and construction segment, such as Simpson Manufacturing ( SSD ) . Simpson Manufacturing makes a variety of fasteners, connectors, and adhesives that are key to many construction processes and thus seems like the perfect type of company to participate in a building segment recovery […]