Month: April 2014

Stock Analysts

Is Public Storage (PSA) Poised to Beat Earnings Estimates?

April 30, 2014 0

Public Storage ( PSA ) – the self-storage real estate investment trust (REIT) – is slated to report its first-quarter 2014 results on May 1, after the market close. Last quarter, it posted a 5.45% positive surprise. The company has posted an average positive earnings surprise of 2.75% over the past four quarters, beating the Estimate in 3 of the last 4 quarters […]

Stock Analysts

Gorman-Rupp a Stock Worth Buying

April 30, 2014 0

Zacks Investment Research upgraded Gorman-Rupp Co. ( GRC ) to a Zacks Rank #1 (Strong Buy) on Apr 29, 2014. Going by the Zacks model, companies holding a Zacks Rank #1 have strong chances of performing better than the broader market […]

Stock Analysts

Amazon Opens Wearable Technology Store

April 30, 2014 0

The world’s largest online retailer, Amazon.com Inc. ( AMZN ) has recently announced the launch of its wearable technology store, giving customers access to a broad selection of the most popular electronic gadgets — wearables. […]

Mergers & Acquisitions

Mattel Completes Acquisition of MEGA Brands

April 30, 2014 0

Mattel Completes Acquisition of MEGA Brands Canada NewsWire EL SEGUNDO, CA and MONTREAL, April 30, 2014 Acquisition advances Mattel’s global growth strategy with expansion into rapidly growing $4-billion Construction Building Sets Category and $2-billion Arts & Crafts Category EL SEGUNDO, CA and MONTREAL , April 30, 2014 /CNW/ – Mattel, Inc. (NASDAQ: MAT ) announced today that it has completed the acquisition of MEGA Brands Inc. […]

Stock Analysts

Actavis Tops Q1 Earnings & Sales Estimates

April 30, 2014 0

Actavis plc ’s ( ACT ) first quarter 2014 earnings came in at $3.49 per share, well above the Zacks Consensus Estimate of $3.29 per share and 75.4% above the year-ago earnings. Revenues for the reported quarter came in at $2.655 billion, up 40% from the year-ago period, and slightly above the Zacks Consensus Estimate of $2.625 billion. […]

Stock Analysts

Wisconsin Energy Beats Earnings & Sales Ests

April 30, 2014 0

Wisconsin Energy Corporation ( WEC ) posted first-quarter 2014 net operating earnings of 91 cents per share, beating the Zacks Consensus Estimate by 9.6% as well as the year-ago earnings by 19.7%. The earnings growth reflects sharp increase in retail electricity and natural gas sales driven by higher demand due to harsh winter weather during the quarter. Total Revenue Wisconsin Energy reported total revenues of $1,695.0 million, outpacing the Zacks Consensus Estimate by 29.1%. […]

Stock Analysts

Exelon Corp. Lags Earnings Ests, Beats Revenue

April 30, 2014 0

Exelon Corporation ( EXC ) announced first-quarter 2014 adjusted operating earnings of 62 cents per share, missing the Zacks Consensus Estimate by 10.1%. Quarterly earnings plunged 11.4% year over year due to extreme weather conditions in its service territories which created operational difficulties. On a GAAP basis, quarterly earnings were 10 cents per share compared with a loss of 1 cent per share a year ago […]