Universal Technical Institute, Inc’s ( UTI ) second-quarter fiscal 2013 adjusted loss of 4 cents per share largely missed the Zacks Consensus Estimate of earnings of 2 cents and the prior-year earnings of 8 cents. Once again, weak revenues and high fixed costs hurt earnings in the quarter. Net revenue for the quarter declined 10.5% to $95.1 million from the prior-year quarter due to a decline in enrollments […]
Arrow Electronics Inc. ( ARW ) posted first quarter 2013 adjusted earnings per share (EPS) of 89 cents, surpassing the Zacks Consensus Estimate of 86 cents. The quarterly result came within management’s expectations but was down from $1.05 per share in the year-ago quarter. […]
[youtube aNrJmkBqEl8] In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss paper addiction and the toothless, pimply faced paper pushers hooked on an ever-increasing fix of debt. There is no paper these guys won’t push, no debt they won’t inject into the veins of the economy and these addicts refuse to sober up despite the overwhelming evidence found in gold demand that they’ve reached a bottom at which no new hit can get them high. In the second half of the show Max talks to John ‘J.S.’ Kim of SmartknowledgeU.com about the precious metals market, traffic jams outside bullion shops in Asia and central bankers buying paper. […]
Japan Fair Trade Commission clears ASML acquisition of Cymer PR Newswire VELDHOVEN, The Netherlands and SAN DIEGO, May 2, 2013 VELDHOVEN, The Netherlands and SAN DIEGO , May 2, 2013 /PRNewswire/ — ASML Holding NV (ASML) and Cymer, Inc. (Nasdaq: CYMI) today announce that the Japan Fair Trade Commission (JFTC) has cleared the previously announced merger between Cymer and affiliates of ASML. Clearance of the merger has previously been granted by the U.S. […]
Myrtle Beach Group to Launch Tourism News Service PR Newswire MYRTLE BEACH, S.C., May 2, 2013 MYRTLE BEACH, S.C. , May 2, 2013 /PRNewswire/ — Recognizing a need for positive and pertinent news of the Myrtle Beach area, a group of Myrtle Beach investors purchased MyrtleBeachSC.com from Broadway Technology Inc. for an undisclosed amount. […]
Sebring Completes Two Significant Mergers of Dental Practice Management Companies and $16 million Financing Company Expands into Growing Healthcare Sector with Plans to Maximize Efficiencies with its Back Office Software Applications PR Newswire SARASOTA, Fla., May 2, 2013 SARASOTA, Fla. , May 2, 2013 /PRNewswire/ — Sebring Software, Inc. (” Sebring “) (OTC: SMXI), a Dental Practice Management company (DPM), today announced the closing of two concurrent mergers; one, Orthodontic Specialists Management, LLC “OSM,” which manages orthodontic dental practices across Florida and two, Absolute Aesthetic & Restorative and Image Dentistry of Glendale “AAR” which operates dental practices based in Arizona […]
Industrial equipment manufacturer Regal Beloit Corporation ( RBC ) reported first quarter 2013 net income of $50.7 million or $1.09 per share compared to $49.9 million or $1.16 per share in the year-ago quarter. The year-over-year decrease in earnings per share was primarily due to higher outstanding shares in the reported quarter. The reported earnings missed the Zacks Consensus Estimate by 6 cents. […]
[marketwatch A1ADA621-6F1C-4AD1-9F94-1F9FEB956328] What’s Facebook’s Problem? […]
Before the bell, Ameren Corp. ( AEE ) reported first quarter 2013 earnings from continuing operations of 22 cents per share, below the Zacks Consensus Estimate of 26 cents. […]
Cigna Corp .’s ( CI ) first-quarter 2013 net operating earnings of $1.72 per share outpaced the Zacks Consensus Estimate of $1.43 per share. Moreover, the results surged nearly 39% year over year. Better-than-expected results came on the back of improved top-line, favorable operating expenses and medical costs, including favorable prior-year reserve development in the Global Health Care business […]
Leading international developer of multi-use integrated resorts, Las Vegas Sands Corp. ( LVS ) recently reported first-quarter 2013 adjusted earnings of 71 cents per share, outperforming the Zacks Consensus Estimate of 66 cents by 7.6% and the comparable year-ago quarter’s earnings by 1.4%. […]
[marketwatch E9AC99DB-BF3D-4EFF-B7AD-755235C6FEC0] Sell in May or Rotate Away? […]
[marketwatch B5EB78BC-9FD8-4F73-945F-1612FFD385DF] Jobs Fall to Five-Year Lows; Spring Growth for Economy? […]
[marketwatch 69D34794-0B01-49A1-AE1B-031716D60361] What Are Intel’s Challenges? […]
MHA Acquired by Roper Industries PR Newswire FLORHAM PARK, N.J., May 2, 2013 FLORHAM PARK, N.J. , May 2, 2013 /PRNewswire/ — Managed Health Care Associates, Inc. (“MHA”), a leading health care services and technology company focused on alternate site providers, is pleased to announce that it has been acquired by Roper Industries. […]
Solis Capital Partners closes Fund II at $61 million Fundamentals-based investment approach garners investor support PR Newswire NEWPORT BEACH, Calif., May 2, 2013 NEWPORT BEACH, Calif. , May 2, 2013 /PRNewswire-iReach/ — Solis Capital Partners (Solis), a lower middle-market private equity firm, today announced the closing of its second fund, Solis II, at $61 million in capital commitments. […]
ManpowerGroup Inc. ( MAN ) recently announced its decision of a dividend hike. […]
Dallas-based leading food and beverage company, Dean Foods Company ( DF ) recently announced its plans to allocate a portion of its remaining stake in The WhiteWave Foods Co . ( WWAV ) to its shareholders, later this month. […]
Industrial goods manufacturer CNH Global NV ( CNH ) reported a net income (excluding restructuring and exceptional items) of $326 million or $1.33 per share in first quarter 2013 compared with $269 million or $1.11 per share in the year-ago quarter. The healthy year-over increase in earnings was attributable to continued strength in the agricultural sector market, robust industrial performance and improved results by the financial services business. The reported earnings were well ahead of the Zacks Consensus Estimate of 94 cents. […]
Concur Technologies ( CNQR ) reported strong second quarter 2013 results with earnings per share (non-GAAP pre-tax income) of 24 cents, well above the Zacks Consensus Estimate of -3 cents a share. However, earnings were down 27.3% year over year from 33 cents a share reported in the prior-year quarter. […]
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