Stock Analysts

Q4 Earnings at Allied World Miss Ests, Surge Y/Y

Allied World Assurance Company Holdings, AG ’s ( AWH ) reported fourth-quarter 2013 operating net income of $2.17 per share, missing the Zacks Consensus Estimate of $2.40 by 10.4%. However, the results surged from the year-ago quarter operating net loss of $1.58 a share. Allied World’s net income, including net realized investment gains of $1.86 per share and net foreign exchange loss of 2 cents per share, jumped to $4.01 per share, rebounding from a net loss of $1.17 per share reported in the fourth quarter of 2012. […]

Kitco Video

Some Bullish Signs For Gold, Awaiting Yellen’s Speech: Wagner – Kitco News

[youtube PwexcVrxzj4] Kitco News talks to Gary Wagner about gold demand in the aftermath of the Chinese Lunar New Year and looks at what could happen to the markets given that Janet Yellen will testify, for the first time as the new Chairwoman, in front of the House Financial Services Committee Tuesday and then infront of the Senate on Wednesday. Wagner says that the end of the Lunar New Year in China may have an effect on the gold market but if it does, it will affect the markets ‘very slightly.’ Looking over at the U.S., Wagner says everyone will be closely listening to Yellen’s speech to find any clues of how she may handler her new position. “My sense is that she’s going to want everyone to see a very transparent and smooth transition from Bernanke to herself,” he says […]

Stock Analysts

Cytokinetics Rises on Q4 Earnings Beat

Shares of Cytokinetics, Inc. ( CYTK ) surged 26.09% after the company reported fourth quarter 2013 earnings of 21 cents. The fourth quarter earnings compared favorably with the Zacks Consensus Estimate of a loss of 20 cents and year-ago loss of 48 cents per share […]

Stock Analysts

Buckeye Misses on Q4 Earnings

Buckeye Partners L.P.’s ( BPL ) fourth quarter 2013 earnings of 75 cents per unit were a whopping 134.4% higher than the year-ago number. Earnings however trailed the Zacks Consensus Estimate of 85 cents by 11.8%. Commencement of operation at the recently refurbished truck rack at the Perth Amboy terminal and sales from BORCO facility contributed to the bottom-line growth in 2013, as compared to 2012, due to the mid-year launch of BORCO facility in 2012 […]

Stock Analysts

Monster Worldwide Earnings Miss by a Nickel

Monster Worldwide Inc. ( MWW ) reported earnings of 2 cents per share in the fourth quarter of 2013, which missed the Zacks Consensus Estimate by a nickel. Earnings per share declined both on a year over year basis as well as sequentially by 59.9% and 77.8% respectively […]

Stock Analysts

ArcelorMittal Cuts Loss in Q4

Steel giant ArcelorMittal ( MT ) posted a net loss of $1.2 billion or 69 cents per share in the fourth quarter of 2013, narrower than a net loss of $3.8 billion or $2.47 a year ago. Barring one-time items (excluding impairment and restructuring charges), loss was 31 cents per share, wider than the Zacks Consensus Estimate of a loss of 16 cents per share. Revenues rose 2.8% year over year to $19.8 billion in the reported quarter but missed the Zacks Consensus Estimate of $20.1 billion […]

Economic Data

Market’s Strength Likely to Depend on Upcoming Earning Reports – Economic Highlights

Stocks are indicated to open lower today after ending last week on a high note despite disappointing data. With not much on the docket today and the rest of this week, market action will likely reflect earnings release and further follow through to last week’s data. Investors will likely get disappointed if they are angling from a slower Fed Taper as a result of the recent softer economic data […]

Stock Analysts

Technology Stock Roundup: Apple Gains Share, Microsoft Gets a CEO

comScore numbers/share buybacks boosted Apple ( AAPL ) last week, while Nadella/Gates pulled down Microsoft. Apple Boosted by comScore Numbers Apple shares got a real boost last week due to some positive numbers from comScore and news about significant share repurchases over the last couple of weeks. comScore said that while the iOS platform gained 1.2% U.S. […]

Stock Analysts

Hasbro Misses on Earnings, Revs

Hasbro Inc. ( HAS ) posted dismal fourth quarter 2013 results with earnings and revenue missing the Zacks Consensus Estimate. Adjusted earnings per share of $1.12 fell short of the Zacks Consensus Estimate of $1.23 by 8.9% and the year-ago level of $1.20 per share by 6.7% […]

Stock Analysts

Aeroflex Beats on Q2 Earnings

Aeroflex Holding Corp. ( ARX ) reported its financial results for the second quarter of fiscal 2014 on February 7. Aeroflex recorded net income of $1.13 million or 1 penny per share in the second quarter of fiscal 2014 versus $745,000 or 1 penny per share in the year-ago quarter. […]

Stock Analysts

Snyder’s-Lance Misses on Earnings & Rev, Up Y/Y

Snyder’s-Lance, Inc. ( LNCE ) recently reported its fourth quarter and full year 2013 results. Despite increasing 10.4% from the prior-year quarter figure of 29 cents , Snyder’s-Lance’ fourth quarter 2013 adjusted earnings per share of 31 cents lagged the Zacks Consensus Estimate of 36 cents by 13.9%, primarily due to increased investments and higher tax rates […]