Month: February 2014

Pandora Inc. ( P ) reported earnings of 4 cents per share in the fourth quarter of calendar 2013, which beat the Zacks Consensus Estimate by a couple of cents. Earnings (including stock-based compensation expenses) improved from 2 cents reported in the year-ago quarter […]

In order to avert expensive patent litigations, Cisco Systems, Inc. ( CSCO ) entered into a long-term patent cross-licensing agreement with Google Inc. ( GOOG ) […]

Diamond Offshore Drilling Inc . ( DO ) reported fourth quarter 2013 earnings of 96 cents per share, surpassing the Zacks Consensus Estimate of 79 cents. […]

Manufacturing and engineering company, Colfax Corporation ( CFX ) reported adjusted earnings per share of 59 cents in the fourth quarter of 2013, reflecting an increase of 45.2% year over year. Adjusted earnings per share of 61 cents, however, included a gain of 2 cents related to certain tax matters. […]

Shares of 3D Systems Corp. ( DDD ) crashed by more than 15% yesterday after the company announced its preliminary earnings results for full-year 2013. The company currently expects non-GAAP earnings of 83 cents–87 cents per share, down from its previously guided range of 93 cents–$1.03 per share […]

Shares of The Walt Disney Company ( DIS ) enjoyed a 3.4% increase on the index after the media giant posted outstanding first-quarter fiscal 2014 results after the closing bell yesterday. The company’s adjusted earnings came in at $1.04 per share, beating the Zacks Consensus Estimate of 91 cents and surging 32% year over year. […]

Yelp Inc. ( YELP ) incurred a loss of 3 cents per share in the fourth quarter of 2013, wider than the Zacks Consensus Estimate of a loss of 2 cents per share. Quarter Details Revenues for the quarter surged 71.7% from the year-ago quarter to $70.7 million […]

Noble Energy Inc. ( NBL ) reported adjusted earnings from continuing operations of 50 cents per share for the fourth quarter of 2013, failing to meet the Zacks Consensus Estimate by 24.2%. The quarterly results also dropped by a wide 35.9% from year-ago earnings of 78 cents per share, mainly due to a surge in operating expenses […]

As expected, slower sales in the U.S., hurt Kellogg Company ’s ( K ) results once again as the world’s largest cereal maker barely managed to beat the Zacks Consensus Estimate for earnings but missed the same for revenues in the fourth quarter of 2013. Fourth-quarter adjusted earnings of 83 cents per share came ahead of the Zacks Consensus Estimate of 82 cents by a penny. […]

Long-Term Evolution (LTE), the most sought after next-generation (4G) super-fast wireless communications technology, is rapidly gaining momentum globally. The 4G wireless network aims to cope with substantial demand for high-speed wireless data services and mobile video. The Global Mobile Suppliers Association (GSA) recently reported that currently 268 LTE networks are commercially available in 100 countries. […]

Philip Morris International Inc. ( PM ) reported adjusted fourth-quarter 2013 earnings per share of $1.37, in line with the Zacks Consensus Estimate. However earnings were higher than the prior-year quarter earnings by 10.5% […]

Perrigo Company plc ’s ( PRGO ) second-quarter fiscal 2014 (ended Dec 28, 2013) earnings of $1.87 per share easily beat the Zacks Consensus Estimate of $1.60. The company reported earnings of $1.36 per share in the prior-year quarter. […]

Lab chemical and life sciences company Sigma-Aldrich ’s ( SIAL ) profit for fourth-quarter 2013 rose as it saw higher sales across its business segments in the quarter, led by the SAFC Commercial unit that ended 2013 on a high note. The Missouri-based company’s profit, as reported, went up 13% year over year in the reported quarter to $131 million or $1.08 per share from $116 million or 96 cents per share a year ago. […]