Stock Analysts

Tessera (TSRA) Beats on Q2 Earnings & Revenues, Guides Well

Tessera Technologies Inc. ( TSRA ) reported second-quarter 2014 earnings from continuing operations of 14 cents per share, down 80.8% from the previous quarter, surpassing the Zacks Consensus Estimate by 13 cents. Shares were up nearly 4% in after-hours trading due to the strong results and positive guidance indicating enhanced growth prospects in all the segments. […]

Stock Analysts

CVS Caremark Beats on Q2 Earnings and Revenues, Guides Up

CVS Caremark Corporation ( CVS ) reported second-quarter 2014 adjusted earnings per share (EPS) of $1.13, up a significant 16.5% year over year. The result also surpassed the Zacks Consensus Estimate by 3 cents as well as the company-provided guidance range of $1.08 to $1.11 per share. Without the one-time adjustments, reported EPS in the first quarter surged 16.7% to $1.06 […]

Stock Analysts

CNA Financial (CNA) Q2 Earnings Beat Estimates, Improve Y/Y

CNA Financial Corporation ( CNA ) reported second-quarter 2014 earnings of $1.00 per share, outperforming the Zacks Consensus Estimate of 82 cents by 22%. Results also improved 35% year over year, largely driven by better results at CNA Specialty and Life & Group. Cna Financial Corporation – Earnings Surprise | FindTheBest Including income from discontinued operations, net income increased 36.1% year over year to 98 cents per share in the quarter. […]

Stock Analysts

FirstEnergy Beats Q2 Earnings Estimates, Maintains Guidance

Diversified energy company FirstEnergy Corp .’s ( FE ) second-quarter 2014 operating earnings of 48 cents per share beat the Zacks Consensus Estimate of 45 cents by nearly 6.7% but lagged the year-ago earnings of 59 cents by 18.6%. The year-over-year decline reflects an extremely challenging competitive business, which more than offset the strong performance of its distribution and transmission business. In addition, higher operating expenses had an unfavorable impact on year-over-year comparisons […]

Upgrades

AXT INC (AXTI) Upgraded by Zacks to OUTPERFORM

Zacks Investment Research upgraded shares of AXT INC (AXTI) from NEUTRAL to OUTPERFORM on August 05, 2014, with a target price of $2.70. AXT, Inc., designs, develops, manufactures and distributes high-performance compound semiconductor substrates, as well as opto-electronic semiconductor devices such as high-brightness light emitting devices, and vertical cavity surface emitting lasers. Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day . […]

Downgrades

NEWCASTLE INV (NCT) Downgraded by Zacks to NEUTRAL

Zacks Investment Research downgraded shares of NEWCASTLE INV (NCT) from OUTPERFORM to NEUTRAL on August 05, 2014, with a target price of $5.20. Newcastle Investment Corp invests in real estate securities and other real estate-related assets. Newcastle is organized and conducts its operations to qualify as a real estate investment trust for federal income tax purposes […]

Downgrades

WHITESTONE REIT (WSR) Downgraded by Zacks to NEUTRAL

Zacks Investment Research downgraded shares of WHITESTONE REIT (WSR) from OUTPERFORM to NEUTRAL on August 05, 2014, with a target price of $16.80. Whitestone REIT is a fully integrated real estate company that owns, operates and re-develops Community Centered Properties, which are visibly located properties in established or developing culturally diverse neighborhoods. The Company owns a portfolio of Community Centered Properties in Texas, Arizona, and Illinois […]

Downgrades

CEVA INC (CEVA) Downgraded by Zacks to UNDERPERFORM

Zacks Investment Research downgraded shares of CEVA INC (CEVA) from NEUTRAL to UNDERPERFORM on August 05, 2014, with a target price of $13.50. CEVA Inc is the leading licensor of DSP cores and integrated applications to the semiconductor industry. CEVA markets a portfolio of DSP IP in three integrated areas: CEVA DSPs CEVA-Xpert Open Framework Environment CEVA-Xpert Applications supported by Xpert-Integration services […]

Downgrades

ALON USA PTNRS (ALDW) Downgraded by Zacks to UNDERPERFORM

Zacks Investment Research downgraded shares of ALON USA PTNRS (ALDW) from NEUTRAL to UNDERPERFORM on August 05, 2014, with a target price of $16.80. Alon USA Partners, LP owns and operates refining and petroleum products marketing business. The Company's integrated downstream business operates primarily in the South Central and Southwestern regions of the United States. […]