Stock Analysts

Ball Corporation Q1 Earnings Outperform, Up Y/Y

Ball Corporation ( BLL ) reported first-quarter 2014 adjusted earnings of 81 cents per share, which handily beat the Zacks Consensus Estimate of 68 cents. Moreover, the reported figure surged 40% from the year-ago quarter, aided by global packaging volume growth and manufacturing efficiencies. […]

Stock Analysts

ITT Beats on Q1 Earnings, Revs

ITT Corporation ( ITT ) reported strong first-quarter fiscal 2014 results, with quarterly earnings (excluding one-time items) of 62 cents a share which surpassed the Zacks Consensus Estimate of 52 cents by 19.2% and were up 32% year over year. Profits during the quarter were primarily driven by increased volume, strong net operational productivity and restructuring benefits which were partially offset by growth investments and negative pricing and mix. […]

Stock Analysts

Vale Misses on Q1 Earnings & Revs

Mining giant, Vale S.A. ( VALE ) reported weak financial results for first-quarter 2014. In the quarter, underlying earnings per ADR (American Depositary Receipt) came in at 40 cents (on a fully-diluted basis), down 33.9% year over year and 36.3% sequentially […]

Stock Analysts

Narrower-than-Expected Loss at Anadigics

Semiconductor manufacturer Anadigics, Inc. ( ANAD ) reported relatively modest first-quarter 2014 results with a balanced sales mix, efficient production and stringent cost-cutting initiatives. The company incurred an adjusted net loss of $9.6 million or 11 cents per share in the reported quarter, narrower than the loss of $14.8 million or 20 cents per share in the year-ago quarter. […]

Stock Analysts

Western Digital Beats on Q3 Earnings

Western Digital Corp. ( WDC ) reported third-quarter 2014 non-GAAP earnings per share of $1.94, which beat the Zacks Consensus Estimate of $1.88. Despite being down 7.4% from the year-ago quarter, reported earnings surpassed management’s guidance range of $1.80 to $1.90 […]

Stock Analysts

Shutterfly Posts Narrower Q1 Loss on Higher Revs

Personalized products and service provider, Shutterfly Inc. ’s ( SFLY ) first-quarter 2014 loss per share of 82 cents was narrower than the Zacks Consensus Estimate of a loss of 93 cents, owing to the better-than-expected top line. The company’s first-quarter loss was also narrower than management’s expectation of a loss of 86–92 cents per share […]

Stock Analysts

Glaxo Misses on Q1 Earnings, Shares Down

GlaxoSmithKline ( GSK ) reported first quarter core earnings of 70 cents per American depositary shares (ADS), up 2% at constant exchange rates (CER), benefiting from ongoing restructuring and cost control initiatives. However, earnings missed the Zacks Consensus Estimate of 72 cents. Investors reacted negatively to the news with the stock falling 1.81% […]

Stock Analysts

Jones Lang Q1 Earnings Miss, Shares Fall

Jones Lang LaSalle Inc. ’s ( JLL ) first-quarter 2014 adjusted earnings per share came in at 39 cents, missing the Zacks Consensus Estimate by 3 cents. Results reflect a slowdown in capital markets revenues and shares fell 2.59% to $115.89 during yesterday’s regular trading session on the NYSE […]

Stock Analysts

Sprint Q1 Loss Narrower Than Expected

Sprint Corporation ( S ) reported first quarter 2014 adjusted net loss per share of 4 cents, narrower than the Zacks Consensus Estimate of a loss of 6 cents. The loss incurred has also tapered from 21 cents loss per share a year ago. The company reported net loss of $151 million, representing a 77% improvement from a loss of $643 million in the year-ago quarter […]

Stock Analysts

FormFactor’s Q1 Loss Narrower than Expected

FormFactor Inc. ( FORM ) reported first quarter 2014 loss of 9 cents per share, lower than the Zacks Consensus Estimate of a loss of 16 cents per share. Revenue Revenues of $56.0 million were up 15.3% sequentially and 6.3% from the year-ago quarter. […]

Mergers & Acquisitions

Leading Regional Employee Benefits Firm Purchases Agency In Mount Laurel, New Jersey

Leading Regional Employee Benefits Firm Purchases Agency In Mount Laurel, New Jersey Kistler Tiffany Benefits Acquires Philadelphia Benefits, LLC PR Newswire PHILADELPHIA, May 1, 2014 PHILADELPHIA , May 1, 2014 /PRNewswire/ — We are pleased to announce that Kistler Tiffany Benefits, the region’s leader in health benefits consulting, has acquired Philadelphia Benefits, LLC, a longstanding, service-oriented wholesale agency in Mount Laurel, New Jersey . This purchase is the first step of a strategic plan that will create efficiencies and added value for both the broker partners as well as the carrier partners. […]

Mergers & Acquisitions

ProQuest Acquires Pi2

ProQuest Acquires Pi2 Combination of Pi2 and ProQuest Dialog Information Service will streamline drug safety workflow PR Newswire ANN ARBOR, Mich., May 1, 2014 ANN ARBOR, Mich. , May 1, 2014 /PRNewswire/ — ProQuest has acquired U.K.-based Pi2 Solutions, an industry leader in product literature databases, workflow tools and related outsourcing services for global pharmaceutical companies. The company plans to align Pi2 with its ProQuest Dialog corporate information service to create an integrated solution for pharmacovigilance and expand ProQuest’s presence in the pharmaceutical industry […]