Month: July 2014

BioMarin Pharmaceutical ’s ( BMRN ) second quarter 2014 loss on an adjusted basis of 19 cents per share was much narrower than the Zacks Consensus Estimate of a loss of 42 cents but wider than the year-ago loss of 16 cents per share. The narrower-than-expected loss was primarily due to higher-than-expected revenues. […]

Virginia-based hotelier Hilton Worldwide Holdings Inc. ( HLT ) is set to report second-quarter 2014 results on Aug 1, 2014. […]

The Royal Bank of Scotland Group plc ( RBS ) is scheduled to report its first-half 2014 results on Friday, Aug 1. In the preliminary first-half 2014 update issued on Jul 25, this foreign bank reported encouraging earnings for the six months ended Jun 30, 2014. […]

Penn West Petroleum Ltd. ( PWE ) plunged 14.8% over the last two trading sessions to close at $7.85 on Jul 30. The fall was precipitated by the announcement on Jul 29 of an internal review of financial results in 2014 and four previous years. […]

U.S. energy giant Chevron Corp. […]

Shares of Baxter International Inc. ( BAX ) slid 0.3% to $76.09 yesterday after pharmaceutical behemoth Pfizer Inc. ( PFE ) agreed to acquire a couple of marketed vaccines from the former for $635 million […]

The Boeing Co. ( BA ) is planning to build its longest version of the much-hyped 787 Dreamliner exclusively in North Charleston, SC. Scheduled for delivery in 2018, the 787-10 will be the first Boeing jetliner to be built exclusively in South Carolina […]

Berkshire Hathaway Inc. ( BRK.B ) is set to report second-quarter 2014 results on Aug 1. In the last quarter, this conglomerate delivered a 1.4% negative earnings surprise […]

Online retailing giant Amazon.com Inc. ( AMZN ) recently announced that it is planning to invest $2 billion (INR12,000 crore) to expand its operations in India. […]

JPMorgan Chase & Co. ( JPM ) has reached a $650,000 settlement with the Commodity Futures Trading Commission (CFTC) to resolve the claims of filing falsified reports on the trading positions of some of its large traders. This settlement clears the bank of the charges made by the U.S […]

Colgate-Palmolive Co. ( CL ), a global dealer in consumer goods, reported second-quarter 2014 adjusted earnings of 73 cents per share which came in line with the Zacks Consensus Estimate. Earnings grew 4% year over year […]

NiSource Inc .’s ( NI ) second-quarter 2014 adjusted operating earnings of 25 cents per share were in line with the Zacks Consensus Estimate. Quarterly earnings improved 8.7% year over year as the company continued to strengthen its infrastructure. […]

Shares of Impax Laboratories Inc. ( IPXL ), which fell 15.2% immediately after the company announced that the FDA has inspected its Taiwan facility, continued to fall in the subsequent trading session. […]

Both electric car maker Tesla Motors ( TSLA ) and social media firm LinkedIn ( LNKD ) reported Q2 earnings after the bell Thursday, and both representatives of the 21st century economy outperformed expectations on both top and bottom lines. Tesla posted a loss of 16 cents per share (accounting for stock-based compensation) on revenues of $858 million in the quarter. LinkedIn earnings reached 4 cents per share on $534 million […]

Expedia Books Earnings Beats! Expedia Inc ( EXPE ) reported Q2 earnings after the bell today. EPS crushed the Zacks Consensus Estimate of $0.68, by posting an EPS of $1.03. Revenues also beat the Zacks Consensus Revenue Estimate of $1.444 billion, but announcing Revenues of $1.49 billion […]

Occidental Petroleum Corporation ( OXY ) reported second-quarter 2014 adjusted earnings of $1.79 per share, surpassing the Zacks Consensus Estimate of $1.75 by 2.3%. On a year-over-year basis, quarterly earnings increased 13.3% primarily on the back of higher revenues and a lower share count. […]