Stock Analysts

Microchip Beats on Q1 Earnings Estimate with Record Revenues

Broad-based growth across all product lines helped Microchip Technology Inc. ( MCHP ) deliver record first-quarter fiscal 2015 revenues and adjusted earnings. Not only did this leading semiconductor manufacturer beat our estimates, but the company also reported at the high-end of its guidance with respect to sales, non-GAAP gross margin and adjusted earnings […]

Stock Analysts

Incyte Posts Wider-than-Expected Q2 Loss, Raises Sales View

Incyte Corporation ( INCY ) reported a loss of 22 cents per share in the second quarter of 2014, significantly wider than the Zacks Consensus Estimate of a loss of 9 cents. In the year-ago quarter, Incyte reported earnings of 5 cents per share. Incyte Corporation – Earnings Surprise | FindTheBest Total revenues in the quarter decreased 2.1% year over year to $99.6 million. […]

Stock Analysts

Public Storage Q2 FFO Meets and Revenues Beat Estimates

Aided by a significant increase in revenues, Public Storage ( PSA ) reported core FFO (funds from operations) of $1.97 per share, which rose 9.4% from the year-ago figure and came in line with the Zacks Consensus Estimate. After taking into account the impact of a number of non-core items, reported FFO came in at $1.99 per share, representing an uptick of 8.7% on a year-over-year basis. During the reported quarter, this self-storage real estate investment trust (REIT) recorded a 10.8% year-over-year increase in total revenue to $538.0 million. […]

Economic Data

Jobs Report To Soothe Fear Among Investors – Economic Highlights

Stocks were down big on Thursday, with the improving economic backdrop prompting investors to suspect that the Fed will remove the punchbowl sooner than earlier expected. But this morning’s not-too-hot-not-too-cold jobs reading will likely soothe some of those fears. A total of 209K jobs were created in the economy, below consensus estimates and what we saw from the payroll processor ADP on Wednesday […]

Mergers & Acquisitions

Freudenberg Group Continues to Invest

Freudenberg Group Continues to Invest Freudenberg’s Nonwovens Business Group expands portfolio in interlinings with acquisition of Hansel brand PR Newswire WEINHEIM, Germany, Aug. 1, 2014 WEINHEIM, Germany , Aug. […]

Stock Analysts

Aimco Q2 FFO & Revenues Beat, Ups Lower End of 2014 Guidance

Apartment Investment and Management Company ( AIV ) – better known as Aimco – reported second-quarter 2014 pro forma funds from operations (FFO) of 52 cents per share, a penny ahead of the Zacks Consensus Estimate and 3 cents above the year-ago quarter figure. Also, this came in line with the higher end of Aimco’s guided range of 48–52 cents. Improved operating portfolio performance, contribution from redevelopment communities and lower offsite costs drove the 6.1% year-over-year rise in pro forma FFO per share. […]