Month: February 2014

Gold mining giant Newmont Mining Corporation ( NEM ) reported its preliminary production results for 2013 that met the higher end of its guidance. However, its shares fell as much as 12% in the trading session following the announcement due to somewhat downbeat guidance for 2014 that came below analysts’ expectations. […]

Diversified energy company ONEOK Inc . ( OKE ) has completed the separation of its natural gas distribution business following the approval granted by its board of directors last month. The new company, ONE Gas, Inc. […]

So this is what winter is supposed to feel like huh? Unless you're one of the lucky few breaking flip flops in Key West, chances are you've felt the sting of cold weather and the angry end of the new phrase that pays "Polar Vortex." While it may sound like a finishing move for Subzero or Mr. Freeze's getaway car, what it means is cold […]

The New York Times Company ( NYT ), the diversified media conglomerate, is slated to report its fourth-quarter and full-year 2013 results on Feb 6, 2014. In the last quarter, it posted a positive surprise of 75.0%. Let’s see how things are shaping up for this announcement […]

Carnival Cruise Lines, a Carnival Corporation ( CCL ) brand recorded 17.0% higher net bookings year over year for the month of Jan 2014. The company has set a one month reservation record by making net bookings for more than 565,000 guests during this period. The company recorded an increase in bookings across its 24-ship fleet that cruises from several North American homeports as well as from Australia […]

Leading hotelier, Starwood Hotels & Resorts Worldwide, Inc. ( HOT ) recently announced that it is set to open a Aloft branded property in Sarasota, Fla. […]

Shares of Pfizer Inc. ( PFE ) gained significantly following positive top-line data from a phase II study (PALOMA-1 or study 1003) on its oncology candidate palbociclib. Shares of the company were up by as much as 4% on the news during early trading on Feb 3, 2014 […]

Texas-based ExxonMobil Corporation ( XOM ) is augmenting its position in the Permian Basin with the acquisition of a large acreage from Endeavor Energy Resources. Per the deal, ExxonMobil’s subsidiary XTO Energy Inc.’s holdings in the Permian Basin will increase to over 1.5 million net acres, thereby boosting the company’s presence in one of the major U.S. […]

Time Warner Inc. ( TWX ), the media and entertainment conglomerate, is slated to release its fourth-quarter and full-year 2013 results on Feb 5, 2014. […]

CareFusion Corporation ( CFN ) posted flat adjusted earnings per share of 54 cents for the second quarter of fiscal 2014 compared with the same quarter a year ago and were in line with the Zacks Consensus Estimate. However, adjusted net earnings fell 4.1% to $116 million from $121 million a year ago. On a reported basis, earnings per share declined 6.25% or 45 cents per share from 48 cents and net earnings slipped 10.2% to $97 million from $108 million in the second quarter of fiscal 2013. […]

On Jan 31, Zacks Investment Research upgraded Natus Medical Inc. ( BABY ) to a Zacks Rank #1 (Strong Buy). […]

Coatings giant PPG Industries ( PPG ) has agreed to buy high-temperature-resistant and insulative coatings supplier Hi-Temp Coatings Technology Co., Inc. for an undisclosed price. The transaction, which is subject to customary closing conditions, is expected to consummate in first-quarter 2014. […]

Leading U.S. passenger carrier Southwest Airlines Co. ( LUV ) announced that it will offer non-stop service to domestic destinations from Dallas Love Filed airport from where flight limitations will finally be lifted. […]