FirstEnergy Corporation ( FE ), a diversified energy company, is scheduled to release second-quarter 2014 financial results before the market open on Aug 5. In the last reported quarter, the company delivered a negative earnings surprise of 4.88%. Let us see how things are shaping up for this announcement […]
Erie Indemnity Company ( ERIE ) reported second-quarter 2014 net income of 94 cents per share, in line with Zacks Consensus Estimate. Results improved year over year by 12%, driven by increased revenues from management operations and a low rise in expense. Erie Indemnity Company – Earnings Surprise | FindTheBest The improved performance was also reflected in the share price that gained 1.19% to close at $74.09 in the last trading session […]
Seattle Genetics, Inc. ’s shares ( SGEN ) gained 4.8% following the release of second-quarter 2014 results. Seattle Genetics reported second-quarter loss per share of 14 cents, narrower than the Zacks Consensus Estimate of a loss of 22 cents but wider than the year-ago loss of 6 cents per share. […]
Groupon, Inc. ( GRPN ) is set to report second-quarter 2014 results on Aug 5. […]
In an effort to find an alternative to ‘Instant Bloomberg’– the messaging service that currently dominates trading communications – several major Wall Street firms led by The Goldman Sachs Group, Inc. ( GS ) are nearing a deal to acquire stake in a chat and instant messaging startup, Perzo Inc. The report, first published by Reuters, stated that the investing firms include banks, asset managers and hedge funds. […]
U.S. light-vehicle sales rose 9% year over year to 1.44 million in Jul 2014. […]
Compressco Partners, L.P. Announces Completion of Compressor Systems, Inc. Acquisition PR Newswire OKLAHOMA CITY, Aug. […]
Littlejohn & Co. Completes Sale of CoActive Technologies’ DeltaTech Controls Unit PR Newswire GREENWICH, Conn., Aug. 4, 2014 GREENWICH, Conn […]
comScore Acquires MdotLabs to Augment its Non-Human Traffic Detection Technology MdotLabs’ Technology to be Integrated into comScore Media Metrix and vCE to Combat NHT and Deliver a Human GRP PR Newswire RESTON, Va., Aug. 4, 2014 RESTON, Va. , Aug. […]
On Jul 26, 2014, Zacks Investment Research upgraded Skechers U.S.A., Inc. ( SKX ) to a Zacks Rank #1 (Strong Buy) on solid earnings backdrop. Shares of this designer, developer, marketer and distributor of footwear, jumped 8% since second-quarter 2014 earnings announcement on Jul 23. […]
T-Mobile US, Inc. ( TMUS ) reported second-quarter 2014 earnings per share of 48 cents, which outpaced the Zacks Consensus Estimate of 12 cents and improved significantly from the year-ago quarter’s loss of 2 cents. Total revenue increased 8% year over year to $7,185 million in the second quarter, but missed the Zacks Consensus Estimate of $7,063 million […]
Ace South Korean wireless communication service provider, SK Telecom Co. Limited ( SKM ) reported its second-quarter 2014 results. Quarterly consolidated net income improved 6.4% year over year to KRW 497.6 billion (approximately $497.6 million). […]
Michael Kors Holdings Ltd. ( KORS ) reported yet another strong quarterly performance. The company’s first-quarter fiscal 2015 earnings per share of 91 cents came miles ahead of the Zacks Consensus Estimate of 81 cents per share while rising 49.2% year over year. […]
Shares of Houston, TX-based upstream energy company, Halcon Resources Corp. ( HK ), fell more than 10% despite excellent second-quarter 2014 results. After taking a closer look, we understand that investors got tensed with the feasibility of Tuscaloosa Marine Shale (TMS) – where the company is planning to drill eight operating wells by the second half of this year. […]
The Procter & Gamble Company ( PG ) last week announced its plans to divest around 100 underperforming brands so as to concentrate better on fewer core strategic brands. During its fourth-quarter and fiscal 2014 conference call held on Friday, Aug 1, Chief Executive Officer (CEO), A.G. Lafley, announced plans to streamline its business to focus more on 70 to 80 of its biggest brands including the Billion Dollar brands like Tide, Pampers and Oral-B. […]
Zacks Investment Research downgraded Applied Micro Circuits Corporation ( AMCC ) to a Zacks Rank #4 (Sell) from a Zacks Rank #3 (Hold) on Aug 2. This was primarily due to a downward estimate revision in response to soft first-quarter fiscal 2015 results announced on Jul 29. […]
Loews Corporation ( L ) reported second-quarter 2014 operating earnings of 79 cents per share surpassing the Zacks Consensus Estimate as well as year ago results by 17.9%. The quarter witnessed higher earnings at CNA Financial Corporation ( CNA ) and higher parent company investment income driven by improved performance of the trading portfolio. […]
Zacks Investment Research upgraded Fairchild Semiconductor International Inc. ( FCS ) to a Zacks Rank #1 (Strong Buy) from a Zacks Rank #2 (Buy) on Aug 2. […]
Alkermes ( ALKS ) reported a loss of 1 cent per share (including stock-based compensation expense) in the second quarter of 2014 which compared unfavorably with the Zacks Consensus Estimate of earnings of 4 cents and the year-ago earnings of 23 cents per share. Higher costs hurt results in the second quarter of 2014. […]
[marketwatch E3CA50C1-91FE-4C22-AAEA-04C6DAF83587] Why America’s Children Are Overweight […]
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