Stock Analysts

Apollo Q4 Earnings Beat on Lower Expenses

Aided by lower expenses, Apollo Global Management, LLC ( APO ) reported fourth-quarter 2013 economic net income (ENI) of $1.06 per share, which easily beat the Zacks Consensus Estimate of 82 cents. However, the reported figure compared unfavorably with ENI of $1.69 in the year-ago period. […]

Stock Analysts

FLIR Systems Misses Earnings Ests

FLIR Systems Inc .’s ( FLIR ) fourth-quarter 2013 earnings (excluding one-time items) came in at 35 cents, down 32.7% from 52 cents in the year-ago-quarter. Quarterly earnings also missed the Zacks Consensus Estimate by 10.3% or 4 cents. The quarterly results were primarily impacted by the weakness in order flow from U.S […]

Stock Analysts

Mallinckrodt Beats Q1 Earnings, Ups View

Mallinckrodt plc ’s ( MNK ) shares have been inching up (1.2% over two trading sessions) following the company’s first quarter fiscal 2014 (ending Dec 2013) earnings report. Mallinckrodt reported adjusted earnings of 88 cents per share, beating the Zacks Consensus Estimate of 67 cents. Earnings were above the year-ago figure of 65 cents per share. […]

Economic Data

Fed Hopes are Premature – Ahead of Wall Street

Monday, February 10, 2014 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 […]

Mergers & Acquisitions

First Mariner Bancorp Reaches Agreement with Investors to Provide Approximately $100 Million of Capital for its Subsidiary 1st Mariner Bank

First Mariner Bancorp Reaches Agreement with Investors to Provide Approximately $100 Million of Capital for its Subsidiary 1st Mariner Bank Investment of new capital into 1st Mariner Bank will enable it to meet all regulatory capital requirements, build its balance sheet and expand lending. PR Newswire BALTIMORE, Feb. […]

Mergers & Acquisitions

Medtech College Introduces Emergency Medical Healthcare Education Opportunities To Its Campus Network

Medtech College Introduces Emergency Medical Healthcare Education Opportunities To Its Campus Network Company Expands into Massachusetts and Online with Acquisition of National Medical Education & Training Center PR Newswire ATLANTA, Feb. 10, 2014 ATLANTA , Feb. 10, 2014 /PRNewswire/ — JTC Education, the parent company of Medtech College has acquired National Medical Education & Training Center (NMETC), a respected Massachusetts EMT and Paramedic education provider. […]

Stock Analysts

Weak Economy Weighs on Aaron’s Earnings

Owing to its failure to drive customers amid the economic pressures on low and middle-income groups, Aaron's Inc. ( AAN ) posted weak financial results for the fourth quarter and full-year 2013 that came below its own expectations. Following this, the company has provided a soft outlook for the first quarter and fiscal 2014. […]

Stock Analysts

Kemper Rises on Q4 Earnings Beat

Kemper Corp. ( KMPR ) reported fourth-quarter 2013 operating earnings per share of 83 cents, which significantly outpaced the Zacks Consensus Estimate of 57 cents and rebounded from the year-ago quarter loss of 6 cents. Consequently, shares modestly rose 1.6% post the earnings announcement on Friday, to $37.32 a share […]