Month: August 2014

First Solar Inc. ( FSLR ) reported weak second quarter 2014 earnings of 4 cents per share, badly missing the Zacks Consensus Estimate of 33 cents per share by 87.9%. Quarterly earnings also plunged 89.2% from the year-ago profit of 37 cents per share […]

Liberty Media Corp. ( LMCA ) reported lackluster financial results for the second quarter of 2014. […]

Shares of TransDigm Group Inc. ( TDG ) gained 3.1% in yesterday’s trading session after the company reported strong third-quarter fiscal 2014 results with adjusted earnings (including share based compensation expense) of $1.94 comfortably surpassing the Zacks Consensus Estimate of $1.66 by 16.9%. The earnings improved 10.7% from the prior-year quarter figure of $1.50 per share […]

In order to expand its global footprint, Target Corporation ( TGT ) has been focusing on the Canadian market for quite some time now. Recently, the company announced the opening of three new stores at Erin Mills Town Centre in Mississauga, ON; Park Place in Barrie, ON and Carrefour Candiac in Candiac, QC, thereby taking the total store count to 130 in Canada. In January, Target unveiled the plan of opening of nine stores in Canada with maximum number of outlets to be slated to open in Ontario, and single outlets planned for Quebec, Manitoba, Alberta and British Columbia […]

DryShips, Inc. ( DRYS ) is set to release its second-quarter 2014 financial numbers after the closing bell on Aug 5, 2014. In the last reported quarter, the company delivered a negative earnings surprise of 300%. […]

Updates on the regulatory front are eagerly awaited by investors in the pharma/biotech sector as they impact the share price of the concerned company. Regulatory updates include events like filing of marketing applications, acceptance of these applications for review by the regulatory agencies, reviews by advisory panels and finally, a response from the regulatory agency regarding the approval status. […]

Ralph Lauren Corporation ( RL ) is slated to release its first-quarter fiscal 2015 results on Aug 6, 2014. In the previous quarter, this premium lifestyle merchandise retailer reported a positive earnings surprise of 2.44%. […]

Recycling and waste company Republic Services, Inc ( RSG ) recently announced the launch of a new mobile application called My Resource, which will aid customers to effortlessly manage their accounts. The My Resource mobile application will enable customers to access and pay their bills, view past invoices and service schedules, find new products and service solutions. All of these functions can be availed round the clock with a simple touch of a button. […]

Teradata Corporation ( TDC ) is set to report second quarter 2014 results on Aug 7. Last quarter, it posted a 19.51% positive surprise. The company has posted an average positive earnings surprise of 9.63% over the past four quarters […]

Amgen’s ( AMGN ) shares were up 2.47% with the company announcing highly-awaited results from the phase III ASPIRE (C A rfilzomib, Lenalidomide, and Dexametha S one versus Lenalidomide and Dexamethasone for the treatment of P at I ents with R elapsed Multiple My E loma) study on multiple myeloma treatment, Kyprolis. Kyprolis achieved the primary endpoint of the study – progression free survival. […]

Reliance Steel & Aluminum Co. ( RS ) announced that it has acquired Aluminium Services UK Limited, the holding company of All Metal Services. All Metal Services is the largest independent raw material service provider to the aerospace and defense industries globally […]

CIT Group Inc. ( CIT ) announced that it has successfully completed the acquisition of Portsmouth, NH-based Direct Capital Corporation. The company executed this acquisition through its subsidiary CIT Bank […]