Stock Analysts

Host Hotels Beats on FFO & Revs; Ups View

Host Hotels & Resorts, Inc. ( HST ) – the lodging real estate investment trust (REIT) – disclosed first-quarter 2014 adjusted funds from operations (FFO) per share of 33 cents, exceeding the Zacks Consensus Estimate by 3 cents and the year-ago figure by a nickel. Quarterly year-over-year increase of 17.9% in adjusted FFO benefited from the notable rise in Revenue Per Available Room (RevPAR) and food and beverage operations, in the comparable hotels […]

Stock Analysts

Clorox Q3 Earnings Miss Estimates but Up Y/Y

The Clorox Company ( CLX ) came up with lower-than-expected financial results for third-quarter fiscal 2014 wherein its earnings of $1.05 per share from continuing operations missed the Zacks Consensus Estimate of $1.08. However, the reported figure rose 5% from the comparable year-ago quarter. […]

Stock Analysts

Murphy Oil Posts In Line Earnings, Beats Revs

Murphy Oil Corporation ( MUR ) reported first-quarter 2014 adjusted earnings of 96 cents per share, in line with the Zacks Consensus Estimate. Quarterly earnings edged down around 2% from 98 cents per share a year ago, primarily due to higher exploration and depreciation expenses, and a rise in expenses for debt financing. […]

Stock Analysts

Viacom Beats on Q2 Earnings, Lags Revs

Viacom Inc. ( VIAB ) declared second quarter of fiscal 2014 financial results with the bottom line beating the Zacks Consensus Estimate but the top line missing the same. Net income from continuing operations in the reported quarter was $502 million or $1.13 per share compared with $478 million or 96 cents per share in the prior-year quarter […]

Stock Analysts

Yelp’s Q1 Loss Narrower than Expected

Yelp Inc. ( YELP ) incurred a loss of 4 cents per share in the first quarter of 2014, narrower than the Zacks Consensus Estimate of a loss of 6 cents per share. It was also narrower than loss of 7 cents reported in the year ago quarter. […]

Stock Analysts

QLT Widens Loss in Q1

QLT ’s ( QLTI ) first quarter 2014 loss (on an adjusted basis) of 12 cents per share was wider than the year-ago loss and the Zacks Consensus Estimate of a loss of 11 cents each. The wider loss was due to the higher costs incurred by QLT in the first quarter of 2014. QLT did not report any revenues during the first quarter of 2014, as was the case a year-ago […]

Mergers & Acquisitions

Nova’s Portfolio Company Debro Chemicals (‘Debro’) Based in Toronto Agrees to Sell to 4l Capital Inc., a Toronto-Based Private Investment Company.

Nova’s Portfolio Company Debro Chemicals (‘Debro’) Based in Toronto Agrees to Sell to 4l Capital Inc., a Toronto-Based Private Investment Company. Canada NewsWire TORONTO, May 1, 2014 TORONTO , May 1, 2014 /CNW/ – Nova Capital Management Ltd. (“Nova”) announces it has completed the sale of its portfolio company Debro to 4I Capital Inc., a Toronto -based private investment company headed by Brian Imrie […]

Mergers & Acquisitions

Huntingdon Life Sciences Acquires Harlan Laboratories

Huntingdon Life Sciences Acquires Harlan Laboratories PR Newswire HUNTINGDON, England, May 1, 2014 HUNTINGDON, England , May 1, 2014 /PRNewswire/ — Huntingdon Life Sciences announced today that it has acquired Harlan Laboratories. The new company will have two operating divisions: Research Models and Services and Contract Research Services. This acquisition creates a leading global organization offering full service, non-clinical, contract research and research models and services. […]

Stock Analysts

Tetra Tech Posts Strong Q2 Earnings, Guides Up

Tetra Tech Inc ( TTEK ) reported fiscal second-quarter 2014, ending Mar 30, 2014, earnings of 48 cents per share, beating the Zacks Consensus Estimate of 39 cents. The earnings also marked a significant 26.3% year over year increase from earnings of 38 cents a share in prior-year period. […]

Stock Analysts

Healthcare Realty FFO a Penny Short

Hurt by expenses tied to cold winters, Healthcare Realty Trust Inc. ’s ( HR ) first-quarter 2014 normalized funds from operations (FFO) per share of 35 cents missed the Zacks Consensus Estimate by a whisker. […]

Mergers & Acquisitions

Whitecap Resources Inc. Announces Closing of Previously Announced Acquisition of Strategic Light Oil Assets and Increases Credit Facilities

Whitecap Resources Inc. Announces Closing of Previously Announced Acquisition of Strategic Light Oil Assets and Increases Credit Facilities Canada NewsWire CALGARY, May 1, 2014 CALGARY , May 1, 2014 /CNW/ – Whitecap Resources Inc. (“Whitecap” or the “Company”) (TSX: WCP) is pleased to announce that it has completed its previously announced acquisition of certain strategic light oil assets focused primarily in Whitecap’s Pembina Cardium / West Central core area, as well as at Boundary Lake in northeast B.C […]