Month: August 2014

Stock Analysts

Monsanto (MON) Increases Quarterly Dividend by 14%

August 6, 2014 0

Agricultural chemicals manufacturer Monsanto Company ( MON ) recently received its board of directors’ approval for increasing its dividend payout to 49 cents per share or $1.96 on an annualized basis. Representing a 14.0% hike compared with the previous dividend of 43 cents per share, the increased dividend will be paid by Monsanto on Oct 31 to shareholders of record on Oct 10. With the latest rise, the company has increased its dividend five times since fiscal 2010, recording a cumulative increase of 85% […]

Stock Analysts

Archer Daniels (ADM) Shares Jump 3.4% on Strong Q1 Earnings

August 6, 2014 0

Archer Daniels Midland Company ( ADM ) reported better-than-expected adjusted earnings per share for second-quarter 2014 making the most of strong ethanol demand as well as improvement in U.S. grain export volumes and the ongoing strength in demand for oilseeds products. Further, we believe the company’s earnings benefited from its cost containment actions as the increase came despite a fall in revenue. […]

Stock Analysts

Alpha Natural Resources Posts Narrower-than-Expected Q2 Loss

August 6, 2014 0

Coal producer Alpha Natural Resources ( ANR ) reported a loss of 56 cents per share for the second quarter of 2014, narrower than the Zacks Consensus Estimate of a loss of 74 cents. Alpha Natural Resources had incurred a loss of 55 cents per share in the year-ago quarter. Alpha Natural Resources, Inc – Earnings Surprise | FindTheBest GAAP loss in the reported quarter was $2.32 per share versus an 84 cent loss in the year-ago quarter […]

Stock Analysts

Will Computer Sciences (CSC) Beat Earnings Estimates?

August 6, 2014 0

Computer Sciences Corporation ( CSC ) is set to report first-quarter 2015 results on Aug 7. Last quarter, the company posted a positive earnings surprise of 5.8%. Moreover, it is worth noting that Computer Sciences has outperformed the Zacks Consensus Estimate in all the four preceding quarters with an average positive surprise of 19.9%. […]

Mergers & Acquisitions

Ashford Trust Completes Acquisition Of Fremont Marriott Silicon Valley

August 6, 2014 0

Ashford Trust Completes Acquisition Of Fremont Marriott Silicon Valley PR Newswire DALLAS, Aug. 6, 2014 DALLAS , Aug. 6, 2014 /PRNewswire/ — Acquisition Highlights: Purchase price of $50.0 million equates to an estimated forward 12-month NOI cap rate of 8.1% and expected forward 12-month EBITDA multiple of 10.0x Hotel acquired at approximately 45% discount to estimated replacement cost Minimal CapEx needs after recent renovation of approximately $8.1 million Ashford Hospitality Trust, Inc. […]

Stock Analysts

Zillow (Z) Reports Wider-than-Expected Q2 Loss; Shares Down

August 6, 2014 0

Shares of Zillow Inc. ( Z ) were down 2.17% in after-hours trade on Tuesday after the company reported wider-than-expected second-quarter loss per share. Although Zillow’s second-quarter loss per share of 26 cents was wider than the Zacks Consensus Estimate of 23 cents, it narrowed from the year-ago loss of 30 cents […]

Stock Analysts

Cognizant (CTSH) Beats Q2 Earnings Estimates, Lags Revenues

August 6, 2014 0

Leading IT services provider, Cognizant Technology Solutions Corp. ( CTSH ), reported second-quarter 2014 earnings of 66 cents per share, which beat the Zacks Consensus Estimate by 8 cents and increased 13.8% from the year-ago quarter. Quarter Details Revenues jumped 16.5% year over year to $2.52 billion, lagging the Zacks Consensus Estimate. […]

Stock Analysts

Time Warner Beats on Q2 Earnings, Keeps Outlook Unchanged

August 6, 2014 0

Time Warner Inc. ( TWX ) posted second-quarter 2014 earnings of 98 cents a share that surpassed the Zacks Consensus Estimate of 84 cents and increased 29% from the prior-year quarter earnings of 76 cents, reflecting strength across Turner and Home Box Office (HBO). The company's investments in video content and technology continued to show results […]