Stock Analysts

ArcelorMittal (MT) Posts Strong Q2 Earnings, Narrows View

Steel giant ArcelorMittal ( MT ) reported net income of $52 million or 3 cents per share in the second quarter of 2014, contrary to a net loss of $0.8 billion or 44 cents a year ago. Revenues went up 2.5% year over year to $20.7 billion in the reported quarter. Sales increased year over year due to improved steel shipments and higher marketable iron ore shipments […]

Kitco Video

Gold Stocks Cheaper Than Bullion – Frank Holmes

[youtube 43k2PQMu1QU] U.S. Global’s Frank Holmes takes a few minutes away from a mine tour as Kitco News kicks off the week with Gold Game Film. Holmes highlights PMI data as an indicator to keep an eye on this week, despite it being softer of late, he says it still remains positive […]

Stock Analysts

Will CVS Caremark (CVS) Surprise Earnings this Quarter?

CVS Caremark Corporation ( CVS ) is scheduled to report its second-quarter 2014 results before the opening bell on Aug 5. Last quarter, the company had posted a negative earnings surprise of 2.86% while the four-quarter trailing average beat is pegged at 1.49%. Let’s see how things are shaping up prior to this announcement. […]

Stock Analysts

Is ICE Group (ICE) Likely to Miss This Earnings Season?

Global exchange operator – IntercontinentalExchange Group Inc. ( ICE ) or ICE Group,is scheduled to release second-quarter 2014 financial results before the opening bell on Aug 7. In the last reported quarter, the company posted break-even earnings, although the four-quarter trailing average beat is pegged at 3.0%. […]

Stock Analysts

Eni Misses on Q2 Earnings as Output Declines & Prices Fall

Eni SpA ’s ( E ) second-quarter 2014 adjusted earnings from continuing operations of 66 cents per American Depository Receipt/ADR failed to meet the Zacks Consensus Estimate of 80 cents. However, quarterly results increased from the year-ago EPADR of 42 cents. The decline was mainly due to lesser production and lower realized average prices. […]

Downgrades

INNODATA ISOGEN (INOD) Downgraded by Zacks to UNDERPERFORM

Zacks Investment Research downgraded shares of INNODATA ISOGEN (INOD) from NEUTRAL to UNDERPERFORM on August 04, 2014, with a target price of $2.80. Innodata Isogen is a leading provider of content supply chain solutions. Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day . […]

Downgrades

COMTECH TELECOM (CMTL) Downgraded by Zacks to NEUTRAL

Zacks Investment Research downgraded shares of COMTECH TELECOM (CMTL) from OUTPERFORM to NEUTRAL on August 04, 2014, with a target price of $42.70. Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions […]

Downgrades

EROS INTL PLC (EROS) Downgraded by Zacks to UNDERPERFORM

Zacks Investment Research downgraded shares of EROS INTL PLC (EROS) from NEUTRAL to UNDERPERFORM on August 04, 2014, with a target price of $13.00. Eros International Plc co-produces, acquires and distributes Indian language film content across multiple formats globally, including theatrical, television and digital channels. It distributes Indian-made films, known as Bollywood movies, in the United Kingdom, United States, Australia, the United Arab Emirates, and India […]

Downgrades

SPRAGUE RESRCS (SRLP) Downgraded by Zacks to NEUTRAL

Zacks Investment Research downgraded shares of SPRAGUE RESRCS (SRLP) from OUTPERFORM to NEUTRAL on August 04, 2014, with a target price of $28.30. Sprague Resources LP operates as suppliers of energy and materials handling services. The Company stores, distributes, and sells refined petroleum products and natural gas. […]

Upgrades

COBALT INTL EGY (CIE) Upgraded by Zacks to OUTPERFORM

Zacks Investment Research upgraded shares of COBALT INTL EGY (CIE) from NEUTRAL to OUTPERFORM on August 04, 2014, with a target price of $19.90. Cobalt International Energy, Inc., through its subsidiary Cobalt International Energy, L.P., operates as an independent oil focused exploration and production company with a highly prospective world-class portfolio in the deepwater U.S. […]

Upgrades

MACQUARIE INFRA (MIC) Upgraded by Zacks to OUTPERFORM

Zacks Investment Research upgraded shares of MACQUARIE INFRA (MIC) from NEUTRAL to OUTPERFORM on August 04, 2014, with a target price of $73.60. Macquarie owns, operate and invests in a diversified group of infrastructure businesses, which provide basic, everyday services, in the United States and other developed countries. Its initial businesses and investments consist of an airport services business (Atlantic and AvPorts), an airport parking business (PCAA and Avistar) and a district energy business (Thermal Chicago and Northwind Aladdin), a UK regulated water utility and in Macquarie Communications Infrastructure Group. […]

Stock Analysts

Alcatel-Lucent Down on Q2 Loss and Soft North America Market

Alcatel-Lucent ( ALU ) reported second-quarter 2014 adjusted net loss of 14 cents per American Depositary Share (ADS) that narrowed from the prior-year quarter loss of 47 cents per ADS. Revenues came in at €3,279 million ($4,061 million), up 0.7% year over year and 12.1% sequentially at constant exchange rates. […]