Mergers & Acquisitions

InterMedia Outdoors Holdings, LLC Delivers All Cash $9.75 Per Share Offer to Outdoor Channel Holdings, Inc.

InterMedia Outdoors Holdings, LLC Delivers All Cash $9.75 Per Share Offer to Outdoor Channel Holdings, Inc. Definitive Offer to Acquire 100% of Outstanding Common Stock of Outdoor Channel at $9.75 per Share PR Newswire NEW YORK, May 3, 2013 NEW YORK , May 3, 2013 /PRNewswire/ — On May 3, 2013 , InterMedia Outdoors Holdings, LLC (“InterMedia”) delivered a definitive binding offer to Outdoor Channel Holdings, Inc. […]

Mergers & Acquisitions

WCA Acquires Automated Waste Services

WCA Acquires Automated Waste Services WCA and Automated Waste Services Combine Resources to Deliver the Best Customer Service to Missouri Residents PR Newswire HOUSTON, May 3, 2013 HOUSTON , May 3, 2013 /PRNewswire/ — WCA Waste Corporation (“WCA”), a vertically-integrated, non-hazardous solid waste services company, announces the recent acquisition of Automated Waste Services in Springfield, Missouri . Waste Corporation of Missouri , Inc. […]

Stock Analysts

LinkedIn Beats on Earnings and Rev (FB) (GOOG) (LNKD) (VCLK)

LinkedIn Corporation ( LNKD ) reported adjusted net earnings of 22 cents per share in the first quarter of 2013, well above the Zacks Consensus Estimate of 5 cents. Revenues Total revenue for the reported quarter was $324.7 million, up 72.3% from $188.5 million in the year-ago quarter. LinkedIn witnessed strong performance across all its business segments […]

Stock Analysts

CACI International Beats on Earnings (CACI) (CSGS) (INOD) (PRFT)

CACI International Inc ( CACI ) reported strong third quarter fiscal 2013 results (ended Mar 31, 2013) with earnings of $1.62 per share compared to $1.37 in the year-earlier quarter. The year-over-year increase in earnings was driven by high share repurchase activities. However, net income for the reported quarter decreased 0.5% year over year to $38.4 million […]

Stock Analysts

Newell Earnings Beat Ests (ENR) (FLO) (KMB) (NWL)

Newell Rubbermaid Inc. ( NWL ) – the producer of Sharpie pens and Rubbermaid containers – reported first-quarter 2013 adjusted earnings per share of 35 cents, beating the Zacks Consensus Estimate and year-ago quarter earnings of 32 cents. The earnings growth resulted from better operating performance, lower interest expenses and favorable tax rate. […]

Stock Analysts

MGM Resorts Beats 1Q Earnings, Rev (BYI) (LVS) (MGM) (WYNN)

MGM Resorts International ’s ( MGM ) first-quarter 2013 adjusted earnings of 3 cents per share comprehensively beat the Zacks Consensus Estimate of a loss of 10 cents per share as well as the prior-year quarter’s loss of 9 cents per share. The better-than-expected bottom-line performance can be attributed to an improved top line. Further, the first-quarter result marks MGM Resorts’ return to profitability. […]

Stock Analysts

Hercules Beats on Earnings, Hikes Div (ACAS) (GLAD) (HTGC) (KCAP)

Hercules Technology Growth Capital, Inc .’s ( HTGC ) first quarter 2013 distributable net operating income (DNOI) came in at 30 cents per share, beating the Zacks Consensus Estimate of 25 cents. This also compares favorably with the year-ago DNOI of 26 cents. Better-than-expected results were mainly driven by improvement in total investment income. […]

Stock Analysts

Hain Celestial Delivers In Line Earnings (FLO) (HAIN) (JJSF) (K)

The Hain Celestial Group, Inc .’s ( HAIN ) third-quarter fiscal 2013 earnings of 72 cents a share came in line with the Zacks Consensus Estimate and surged 28.6% from 56 cents earned in the year-ago quarter. Management cited that strong top-line growth, integration of acquired businesses, focus on high margin carrying brands, and elimination of underperforming private label brands facilitated the bottom-line growth of this Zacks Rank #2 (Buy) stock. Including one-time items, earnings came in at 85 cents compared with 52 cents a share earned in the year-ago quarter […]

Mergers & Acquisitions

Cooper Standard Announces Preliminary Results of its Self-Tender Offer

Cooper Standard Announces Preliminary Results of its Self-Tender Offer PR Newswire NOVI, Mich., May 3, 2013 NOVI, Mich. , May 3, 2013 /PRNewswire/ — Cooper-Standard Holdings Inc. (OTCBB: COSH), the parent company of Cooper Standard Automotive, a leading global supplier of automotive sealing, fuel and brake and fluid transfer systems, today announced the preliminary results of its cash tender offer to purchase up to 4,651,162 shares of its common stock, which expired at 12:00 midnight, New York City time, at the end of the day on May 2, 2013 . […]