Month: January 2014

The cable TV industry is substantially benefitting from the small and mid-sized business (SMB) segment. Significant improvement in business data and video traffic is expected to act as a future growth catalyst for the industry. Furthermore, managing wireless backhaul traffic for mobile towers has also opened up a multi-billion dollar market opportunity. […]

Southwest Airlines Co. ( LUV ) and JetBlue Airways Corp. ( JBLU ) announced that they have won bids to purchase take-off and landing slots at Reagan National Airport (DCA) in Washington […]

On Jan 29, 2014, we upgraded our recommendation on Time Warner Cable Inc. ( TWC ) to Outperform from Neutral. […]

The board of Lazard Ltd. ( LAZ ) approved a 20% increase in its quarterly cash dividend. The Asset Management company will now pay a quarterly dividend of 30 cents per share against 25 cents a share distributed previously […]

The board of directors of Noble Corporation ( NE ) announced a 50% hike in its quarterly dividend to 37.5 cents per share from the previous 25 cents. The dividend will be paid on Feb 20, 2014, to shareholders of record on Feb 10. […]

ADRs of the Brazilian bank Itau Unibanco Holding SA ( ITUB ) gained 2.6% after it inked a deal to acquire 33.58% controlling interest in Chile-based bank CorpBanca ( BCA ) in a stock-plus-cash offer. The deal is expected to close by the end of 2014, subject to approval by shareholders along with regulatory approvals in Brazil, Chile, Colombia, Panama and the United States. […]

Apartment Investment and Management Company ( AIV ) – an apartment real estate investment trust (REIT) better known as Aimco – announced an 8.3% hike in its quarterly dividend rate. The company will now pay a dividend of 26 cents per share of Class A Common Stock compared with 24 cents paid in the prior quarter. […]

We expect health benefits provider HCA Holdings, Inc. ( HCA ) to beat expectations when it reports fourth-quarter 2013 results on Feb 4, 2014. […]

Wesco Aircraft Holdings, Inc. ( WAIR ) provided preliminary fiscal first quarter 2014 results. The company pointed out that prolonged holiday shutdowns and vacations by a number of its prime customers led to an adjusted earnings hit of 2 cents per share in the first quarter. […]

Corcept Therapeutics Inc. ( CORT ) provided preliminary results for 2013 and outlook for 2014. […]

Water solutions provider Xylem Inc. ( XYL ) is set to report fourth-quarter 2013 results before the opening bell on Feb 4. […]

PACCAR Inc. ( PCAR ) posted a 30.68% rise in earnings to 94 cents per share in the fourth quarter of 2013 from 72 cents in the same quarter of 2012, surpassing the Zacks Consensus Estimate of 92 cents. Net income surged 31.8% to $334.2 million from $253.5 million in the year-ago quarter. […]

Electric power company, Pike Corporation ( PIKE ) is set to report fiscal second-quarter 2014 results on Feb 4, after the market closes. In the last quarter, it delivered a 76.9% negative earnings surprise. Let’s see how things are shaping up for this announcement. […]

Sirius XM Holdings Inc. ( SIRI ), one of the leading satellite radio companies in the U.S., is slated to report its fourth-quarter 2013 earnings on Feb 4, 2014, before the opening bell. […]

Amazon.com Inc. ( AMZN ) is reportedly set to launch an Android-based game console later this year, priced at less than $300. With this release Amazon, the world’s largest online retailer, will enter into the video game console market dominated by heavyweights such as Sony, Microsoft and Nintendo […]

Diversified fuel producer CONSOL Energy Inc. ( CNX ) reported pro forma earnings of 3 cents per share for the fourth quarter of 2013, widely missing the Zacks Consensus Estimate of 7 cents. GAAP income at the company was $3.20 per share versus 65 cents per share in the prior-year quarter. […]