Month: February 2014

Stock Analysts

Will Ingersoll (IR) Disappoint This Earnings Season?

February 10, 2014 0

Industrial goods manufacturer Ingersoll-Rand Plc ( IR ) is scheduled to report fourth-quarter and full year 2013 results before the opening bell on Feb 11. In the last reported quarter, Ingersoll’s adjusted earnings beat the Zacks Consensus Estimate by 6 cents. Let’s see how things are shaping up for this announcement. […]

Stock Analysts

Thoratec Earnings Meet Ests but Fall Y/Y

February 10, 2014 0

Thoratec Corporation ( THOR ) posted adjusted earnings of $17.5 million or 30 cents per share for the fourth quarter of 2013, meeting the Zacks Consensus Estimate. Adjusted earnings fell 9.3% from $19.3 million or 6.25% from 32 cents per share in the comparable quarter a year ago. […]

Upgrades

SYNCHRONOSS TEC (SNCR) Upgraded by Zacks to NEUTRAL

February 10, 2014 0

Zacks Investment Research upgraded shares of SYNCHRONOSS TEC (SNCR) from UNDERPERFORM to NEUTRAL on February 10, 2014, with a target price of $33.00. SYNCHRONOSS TECHNOLOGIES is the premier provider of on-demand transaction management software to Tier One communications service providers. Synchronoss enables service providers to drive growth in new and existing markets while delivering an improved customer experience at lower costs. […]

Mergers & Acquisitions

Millennium & Copthorne Hotels plc To Acquire Novotel New York Times Square

February 10, 2014 0

Millennium & Copthorne Hotels plc To Acquire Novotel New York Times Square PR Newswire NEW YORK, Feb. 10, 2014 NEW YORK , Feb. 10, 2014 /PRNewswire/ — Millennium & Copthorne Hotels plc (“M&C”), a dynamic, global hotel company, which owns, asset manages and/or operates a worldwide portfolio of over 100 hotels, has announced that it has entered into a conditional agreement to acquire the 34-story Novotel New York Times Square [for $273.6 million ]. […]

Downgrades

NORTH VALLEY BC (NOVB) Downgraded by Zacks to UNDERPERFORM

February 10, 2014 0

Zacks Investment Research downgraded shares of NORTH VALLEY BC (NOVB) from NEUTRAL to UNDERPERFORM on February 10, 2014, with a target price of $21.30. North Valley Bancorp is a multi-bank holding company. The Company wholly owns its principal subsidiaries, North Valley Bank, Six Rivers National Bank, North Valley Trading Company, which is inactive, and Bank Processing, Inc. […]

Downgrades

MARLIN BUS SVCS (MRLN) Downgraded by Zacks to UNDERPERFORM

February 10, 2014 0

Zacks Investment Research downgraded shares of MARLIN BUS SVCS (MRLN) from NEUTRAL to UNDERPERFORM on February 10, 2014, with a target price of $22.20. Marlin Business Services Corp is a nationwide provider of equipment leasing solutions primarily to small businesses. Marlin finances over 60 categories of commercial equipment, including copiers, telephone systems, computers and certain commercial and industrial equipment […]