Month: May 2014

Compuware Corp ( CPWR ) reported fourth quarter fiscal 2014 earnings of 8 cents per share, which was at par with the Zacks Consensus Estimate. Non-GAAP earnings (including stock based compensation) jumped 31.2% from the year-ago quarter. The strong year-over-year growth was primarily driven by improving margins. […]

TiVo Inc. ( TIVO ) reported earnings of 7 cents per share in the first quarter of fiscal 2015, which beat the Zacks Consensus Estimate by a penny. […]

On May 22, 2014, the units of Access Midstream Partners, L.P. ( ACMP ) climbed to its 52-week high of $61.12. […]

Leading semiconductor solutions provider Broadcom Corporation ( BRCM ) recently introduced the 2X2 MIMO 5G WiFi combo chip technology in the Smart 4K Mi TV2 from Xiaomi – a leading Chinese innovator. Based on the IEEE 802.11ac standard, Broadcom 5G WiFi combo solutions are an ideal fit for connected home devices. The highly integrated solutions with innovative features from Broadcom are expected to enhance the home entertainment experience of the Chinese consumers while reducing overall costs […]

The Dow had a good week, but for Tuesday when it snapped a two-session winning streak to close in the red. Gains in Internet, bio-tech and small-cap stocks boosted the blue chip index on Monday. The Dow closed in the red on Tuesday following declines in retail stocks and disappointing sales numbers from Caterpillar Inc […]

Hewlett-Packard ’s ( HPQ ) second-quarter non-GAAP earnings of 88 cents came in line with the Zacks Consensus Estimate and within management’s guidance range of 85 to 89 cents. Reported earnings increased 1.2% from the year-ago quarter primarily due to cost control measures and a lower share count. […]

The stock price of The Toronto-Dominion Bank ( TD ), also known as TD Bank, rose 2.7% following the company’s robust fiscal second-quarter 2014 earnings (ended Apr 30) reported on May 22. Adjusted earnings of C$1.09 per share compared favorably with C$0.95 earned in the prior-year quarter. Moreover, adjusted net income was C$2.07 billion ($1.87 billion), up 13.5% year over year. […]

Zumiez Inc. ( ZUMZ ) reported first-quarter fiscal 2014 adjusted earnings of 10 cents per share, down 23.1% year over year but double the Zacks Consensus Estimate of 5 cents per share. Reported earnings were 9 cents per share compared with 8 cents per share reported in the year-ago quarter […]

The Buckle, Inc.’ s ( BKE ) first quarter fiscal 2014 earnings per share of 78 cents came in line with the Zacks Consensus Estimate as well as the year ago quarter figure. Stock price rose nearly 1.6% on the index. […]

Saddled with macroeconomic headwinds, Aeropostale, Inc. ( ARO ) began fiscal 2014 on a weaker note, recording an adjusted net loss of 52 cents a share that is wider than the adjusted loss of 16 cents in first-quarter fiscal 2013. However, the adjusted loss was narrower than the Zacks Consensus Estimate of a loss of 72 cents. […]

Shares of SINA Corp. ( SINA ) hit a 52-week low of $43.00, after the company provided a weak revenue outlook, primarily related to Weibo. […]

Ross Stores Inc. ’s ( ROST ) first-quarter fiscal 2014 earnings rose 7.5% year over year to $1.15 per share, meeting the higher end of the guided range of $1.11–$1.15 per share. […]

Nordson Corporation ( NDSN ) reported an impressive result for fiscal second-quarter 2014 (ended Apr 30, 2014). Adjusted earnings came in at 97 cents per share, up 15.5% from earnings of 84 cents recorded in the year-ago quarter. Moreover, the top-line result surpassed the Zacks Consensus Estimate of 90 cents by 7.8% […]

Kirkland's Inc. ’s ( KIRK ) first-quarter 2014 earnings of 12 cents per share surpassed both the year-ago results as well as the Zacks Consensus Estimate of 10 cents by 20.0%, backed by higher sales and comps which offset the highly promotional environment in the industry. Earnings were at the higher end of management’s guidance range of 10 to 12 cents. […]

Dollar Tree Inc. ( DLTR ) reported first-quarter fiscal 2014 earnings of 67 cents per share, in line with the Zacks Consensus Estimate and marking a 13.6% increase from 59 cents per share earned in first-quarter fiscal 2013. Revenues increased 7.2% on a year-over-year basis in the quarter to $2,000.3 million but fell marginally short of the Zacks Consensus Estimate of $2,014 million […]

The shares of Berkshire Hathaway Inc. (BRK.A) ( BRK.B ) moved up 0.4% and closed at $126.98 on May 22, following the affirmation of the financial strength rating (FSR) as well as issuer credit ratings (ICR) of the company’s subsidiaries by A.M. Best on May 21. […]

Shares of Marvell Technology Group ( MRVL ) went down 2.6% in after-hours trading following the release of its first quarter of fiscal 2015 results. The company reported adjusted earnings (including stock-based compensation but excluding amortization, acquisition, restructuring and legal related expenses) of 21 cents per share, which missed the Zacks Consensus Estimate by a penny. However, earnings per share increased from 13 cents reported in the year-ago quarter primarily aided by higher revenues and operating margin expansion. […]