Month: February 2014

Although auto sales usually remain low in January, extremely cold weather further dampened the U.S. auto sales in Jan, 2014. […]

Ryder System Inc. ( R ), one of the world's largest providers of integrated logistics and transportation solutions, reported fourth quarter 2013 adjusted earnings of $1.35 per share. […]

Meredith Corporation ( MDP ) is an intriguing option for investors seeking both growth and income. The company recently increased its quarterly dividend by 6.1%, bringing the annualized payout to $1.73 per share with a healthy dividend yield of 3.9% based on yesterday’s closing price. The move is a part of this Zacks Rank #3 (Hold) stock’s TSR (Total Shareholder Return) strategy, wherein this leading media and marketing company intends to boost shareholders value through dividends, share repurchases and strategic investments in business to drive growth. […]

Interactive Brokers Group, Inc. ’s ( IBKR ) Electronic Brokerage segment witnessed both sequential and year-over-year improvement in brokerage metrics for Jan 2014. […]

PDL BioPharma, Inc. ( PDL ) entered into an agreement with Roche ( RHHBY ) to settle all outstanding legal disputes between them. The settlement includes the Nevada litigation and arbitration proceedings related to the audit of royalties on sales […]

Emerson Electric Company ( EMR ) reported fiscal first-quarter 2014, ended Dec 31, 2014, earnings of 67 cents per share compared with 62 cents per share in the year-ago period. The earnings were in line with Zacks Consensus Estimate of 67 cents per share. […]

Boston Scientific ( BSX ) reported adjusted earnings per share (after considering certain one-time adjustments other than amortization expense) of 13 cents in the fourth quarter of 2013, 2 cents ahead of the year-ago adjusted EPS figure. However, considering amortized expense adjustments, the quarter’s adjusted EPS came in at 21 cents, 16.7% ahead of the year-ago adjusted EPS. This also exceeded the company's adjusted EPS guidance range of 18–20 cents and the Zacks Consensus Estimate of 19 cents. […]

Internet software company, FireEye, Inc. ( FEYE ) announced that it has filed a registration statement of its public offering of common stock. […]

The Walt Disney Company ( DIS ) is planning to conduct several hundred layoffs in its interactive segment, which has nearly 3,000 employees, Wall Street Journal reported. The layoffs are scheduled to take place after the company releases its first-quarter fiscal 2014 results on Feb 5, 2014. One of the units which is likely to witness cutbacks includes Playdom, a social gaming division, acquired by the company in 2010 […]

Medical technology major Becton, Dickinson and Company ( BDX ) posted adjusted earnings per share of $1.42 for the first quarter of fiscal 2014, topping the Zacks Consensus Estimate of $1.29 as well as the year-ago earnings of $1.35 by 5.2%. Adjusted earnings exclude medical device excise tax that came into effect in January 2013. […]

In an effort to diversify, CIT Group Inc. ( CIT ) announced the acquisition of Nacco SAS – a premier full-service wagon leasing company headquartered in Paris. The terms of the deal, however, were kept confidential. […]