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Media Stocks | MarketFoolery – 08/06/2014 | The Motley Fool

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Stock Analysts

Molson Coors Beats on Q2 Earnings on Lower Interest Costs

Global brewer Molson Coors Brewing Company ( TAP ) posted adjusted earnings of $1.57 per share in the second quarter of 2014, exceeding the Zacks Consensus Estimate of $1.44 per share by 9%. The results surged 6.8% from the prior-year earnings of $1.47 per share driven by growth in underlying pre-tax income and expanded margins owing to lower interest expense. Molson Coors Brewing Company – Earnings Surprise | FindTheBest Revenues and Operating Profits Net sales, including excise tax, increased marginally by 0.9% to $1.19 billion in the second quarter driven by positive pricing and mix, which made up for the beer volume decline in the quarter. […]

Stock Analysts

McDermott International Q2 Loss Meets Estimate, Narrows Y/Y

Offshore oil and gas-focused engineering and construction firm, McDermott International ( MDR ) reported second-quarter adjusted loss per share of 17 cents from continuing operations, in line with the Zacks Consensus Estimate. However, the reported loss was narrower than the year-ago adjusted loss of 56 cents. The improvement is attributable to much lower operating expenses. […]

Stock Analysts

Health Net Q2 Earnings Beat on Higher Revs, Guides In-Line

Health Net Inc .’s ( HNT ) second-quarter 2014 operating income, which comprised combined net earnings from the Western Region Operations and Government Contracts segments, came in at 62 cents per share. The figure surpassed the Zacks Consensus Estimate of 56 cents and year-ago earnings of 52 cents per share. […]

Stock Analysts

International Flavors & Fragrances Q2 Earnings Beat Estimates

International Flavors & Fragrances Inc ’s ( IFF ) adjusted earnings came in at $1.37 per share in second-quarter 2014, reflecting an increase of 20.2% from $1.14 earned in the year-ago quarter. The bottom-line result surpassed the Zacks Consensus Estimate of $1.35 per share. Including one-time items, the company reported Generally Accepted Accounting Principles (GAAP) earnings of $1.35 per share, up 8.9% year over year. […]

Stock Analysts

Ralph Lauren (RL) Beats on Q1 Earnings, FY15 Outlook Intact

Continuing with its upbeat bottom-line performance since the last three consecutive quarters, the luxury apparel retailer, Ralph Lauren Corporation ( RL ) once again posted better-than-expected earnings result for the first quarter of fiscal 2015. The company’s earnings for the quarter came at $1.80 per share and surpassed the Zacks Consensus Estimate of $1.75. However, quarterly earnings were approximately 7.2% lower than the year-ago quarter’s earnings of $1.94 per share […]

Kitco Video

Fresh Safe-Haven Demand Sends Gold Higher – Wyckoff | Kitco News

[youtube fZ-mY7zLc10] Jim Wyckoff joins Kitco News as gold prices see a big jump Wednesday morning for this week’s edition of “Technically Speaking.” Wyckoff attributes the spike to fresh safe-haven demand revolving around geopolitical tension between Russia and the Ukraine. “That’s not new news, but the marketplace decided to react to it starting with Tuesday afternoon’s sell-off in the stock market,” Wyckoff says. Should geopolitical tension continue to be prevalent, Wyckoff thinks that would be bullish for gold prices, however; should tensions subside, he sees gold prices retracing their gains. […]

Downgrades

CREDICORP LTD (BAP) Downgraded by Zacks to NEUTRAL

Zacks Investment Research downgraded shares of CREDICORP LTD (BAP) from OUTPERFORM to NEUTRAL on August 06, 2014, with a target price of $159.90. CreditCorp LTD is a limited liability company to act as a holding company, to coordinate the policy and administration of its subsidiaries and engage in investing activities. Credicorp's principal objective is to coordinate and manage the business plans of its subsidiaries in an effort to implement universal banking services in Peru, while diversifying regionally. […]

Downgrades

AVIV REIT INC (AVIV) Downgraded by Zacks to NEUTRAL

Zacks Investment Research downgraded shares of AVIV REIT INC (AVIV) from OUTPERFORM to NEUTRAL on August 06, 2014, with a target price of $31.60. Aviv REIT, Inc. is engaged in the ownership and triple-net leasing of post-acute and long-term care skilled nursing facilities primarily in the United States. […]

Upgrades

GOLUB CAPITAL (GBDC) Upgraded by Zacks to NEUTRAL

Zacks Investment Research upgraded shares of GOLUB CAPITAL (GBDC) from UNDERPERFORM to NEUTRAL on August 06, 2014, with a target price of $16.90. Golub Capital BDC Inc. is a business development company that principally invests in senior secured, unitranche, mezzanine and second lien loans of middle-market companies that are, in most cases, sponsored by private equity investors […]