Rambus Inc. ( RMBS ) recently came out with a host of light emitting diode (LED) bulbs thereby adding to its recently introduced LED portfolio. Its LED portfolio now includes the 65-watt PAR30 bulbs and the 75-watt BR30 bulbs […]
Cadence Pharmaceuticals, Inc. ( CADX ) posted an adjusted net loss of 13 cents per share in the first quarter of 2013, narrower than the Zacks Consensus Estimate of a loss of 14 cents. The loss reported by the company in the year-ago quarter was 27 cents per share […]
We expect Louisiana-Pacific Corporation ( LPX ) to beat expectations when it reports first quarter 2013 results on May 7. Why a Likely Positive Surprise? Our proven model shows that Louisiana-Pacific is likely to beat earnings because it has the right combination of two key ingredients. […]
PGT, Inc. ( PGTI ) posted first-quarter 2013 adjusted earnings of 6 cents per share compared with the prior-year loss of a penny per share. […]
Statoil ASA ’s ( STO ) first-quarter 2013 adjusted earnings of 66 cents per ADR missed the Zacks Consensus Estimate of 75 cents. The quarterly results also came below the year-earlier adjusted earnings of 82 cents per ADR, attributable to lower sales volumes and margins as well as higher operating costs. Adjusted net income after tax came in at NOK12.0 billion (US$2.1 billion) in the first quarter, higher than the year-earlier level of NOK16.8 billion (US$2.9 billion) […]
Global food products maker and distributor Sysco Corporation ( SYY ) reported better-than-expected third quarter fiscal 2013 earnings. Adjusted earnings (excluding business transformation expenses and one-time items) of 49 cents beat the Zacks Consensus Estimate of 42 cents by 16.7%. […]
Eastman Chemical Company ’s ( EMN ) Board has approved an increase in its share repurchase authorization by up to an additional $300 million of Eastman Chemical common stock. This is in addition to the amount remaining under the existing $300 million of share repurchases authorized in Feb 2011. […]
Covidien plc ( COV ) has revealed its guidance for fiscal 2013 after adjusting for the spin-off of the Pharmaceutical business, which is expected to take place at the end of third quarter of fiscal 2013. It has also provided a separate guidance for Mallinckrodt plc. For fiscal 2013, Covidien expects net revenue to grow by 4% to 5% (earlier 5% to 8%) year over year. […]
Shares of GameStop Corporation ( GME ) surged to attain a new 52-week high of $37.23 on May 3, 2013, before closing at $37.15, up 2.3% from the previous day’s session. Shares of this Zacks Rank #3 (Hold) stock have amassed a year-to-date return of roughly 46.4%. Based on the current price, this video game and entertainment software retailer is 12.7% above the Zacks Consensus average analyst price target of $32.97 […]
Health Management Associates ( HMA ), a leading operator of general acute care hospitals, reported first quarter 2013 adjusted (excluding one-time expenses other than stock-based compensation expense) earnings per share of 13 cents matching the Zacks Consensus Estimate. Adjusted earnings in the first quarter exclude interest rate swap calculation and mark-to-market modification. Net income at Health Management decreased 38.7% year over year to $23.1 million (or 9 cents per share) […]
NorthWest Healthcare Properties Real Estate Investment Trust announces acquisition of government anchored healthcare office portfolio in Winnipeg and various financings Canada NewsWire TORONTO, May 6, 2013 TORONTO , May 6, 2013 /CNW/ – NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (the “REIT”) announced today that it has entered into an agreement to acquire 741, 755 and 765 Portage Avenue (“Portage Portfolio”), a 43,750 square foot three building office portfolio in Winnipeg . The purchase is expected to close in the second quarter of 2013, subject to customary closing conditions, and is expected to be immediately accretive. Located just west of “Portage and Main” at the periphery of the downtown core, the Portage Portfolio is comprised of three buildings and features a recently developed, purpose-built government healthcare building located at 755 Portage Avenue. […]
Zacks Investment Research downgraded shares of Range Resources Corporation (RRC) from OUTPERFORM to NEUTRAL on May 06, 2013, with a target price of $78.00. We are downgrading our recommendation to Neutral from Outperform on Range Resources following its tepid first quarter 2013 results. The company reported weak quarterly numbers, owing to lower realized prices. […]
Zacks Investment Research upgraded shares of Appld Matls Inc (AMAT) from NEUTRAL to OUTPERFORM on May 06, 2013, with a target price of $18.00. Applied Materials is one of the world's largest suppliers of fabrication equipment to semiconductor, LCD and solar PV cell manufacturers. […]
[marketwatch F2D3FDF9-C7A8-465C-AD78-76FE333B700B] Eye Health: Why 40 Years of Age Is the Magic Number […]
Quad Energy Corp. Announces Signing of Letter Of Intent for Double XX Assets PR Newswire ORLANDO, Fla., May 6, 2013 ORLANDO, Fla. […]
DS Waters of America, Inc. Acquires Bottled Water Delivery Business of Matilija Pure Water PR Newswire ATLANTA, May 6, 2013 ATLANTA , May 6, 2013 /PRNewswire/ — DS Waters of America, Inc., owner of the Sparkletts bottled water brand, announces the acquisition of certain assets related to the bottled water and coffee delivery business of Matilija Pure Water, Ventura , CA. DS Waters is pleased to assume management of bottled water and coffee service delivery for former Matilija customers. […]
FBC Holding Announces Executed LOI with Tech Company. PR Newswire NEW YORK, May 6, 2013 NEW YORK , May 6, 2013 /PRNewswire/ — (OTCQB: FBCD) FBC Holding, Inc. would like to update its shareholders on recent events […]
Results Of Change Of Control Offer Related To 7.26% Notes Due 2015 Of White Pine Hydro Portfolio, LLC PR Newswire TORONTO, May 6, 2013 TORONTO , May 6, 2013 /PRNewswire/ — BIF II US Renewable LLC (the “Offeror”), an affiliate of Brookfield Renewable Energy Partners, announced today that as of 5:00 p.m. , New York City Time, on May 3, 2013 (the “Expiration Date”), its offer to purchase for cash all or any portion of the outstanding 7.26% notes due 2015 (the “Notes”) of White Pine Hydro Portfolio, LLC (the “Issuer”), has expired, and $125,000,000 , or 100% of the Notes (the “Tendered Notes”), have been tendered and accepted for purchase pursuant to the Offeror’s previously announced change of control offer for any and all of the Notes (the “Change of Control Offer”), as described in the Offer to Purchase and related Acceptance Letter, each dated April 5, 2013 . Under the terms of the Change of Control Offer, holders of the Notes that validly tendered and did not withdraw their Notes prior to the Expiration Date are entitled to receive the Change of Control Payment (as set forth in the Offer to Purchase) of $1,010.00 per $1,000.00 aggregate principal amount tendered of Notes. […]
NanoTech Entertainment (NTEK) Releases Positive Financials And Completes Stock Buyback Q3FY13 Revenues up 37% – Further Reduction in Outstanding Shares PR Newswire SAN JOSE, Calif., May 6, 2013 SAN JOSE, Calif. , May 6, 2013 /PRNewswire/ — NANOTECH ENTERTAINMENT (OTC Pink: NTEK) today announced that it has released its Quarterly Financials for the period ending March 31, 2013 (Q3FY13). The report shows revenues are up 37% over projections […]
[marketwatch AA5989DB-D912-4DD9-97D8-D62748EC871E] Lance Armstrong’s Name Hurts LiveStrong Funds […]
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