Stock Analysts

Federal Realty Q3 FFO and Revenues Meet Estimates

Federal Realty Investment Trust ( FRT ) posted third-quarter 2014 funds from operations (FFO) per share of $1.23, in line with the Zacks Consensus Estimate and surpassing the year-ago quarter figure by 7 cents. The year-over-year FFO increase of 6.0% was aided by higher revenues and improved same-store portfolio performance. […]

Stock Analysts

Cousins Properties Q3 FFO and Revenues Beat, Shares Up

Cousins Properties Incorporated ( CUZ ) reported third-quarter 2014 FFO (funds from operations) of 20 cents per share, beating the Zacks Consensus Estimate by a penny and easily surpassing the year-ago figure of 9 cents. Robust revenue growth aided the 81.8% year-over-year rise in FFO per share. Following this announcement, shares of this real estate investment trust (REIT) gained 0.39% during the regular trading session on Oct 30. […]

Stock Analysts

Taubman Centers (TCO) Q3 FFO Beats Estimates

Retail real estate investment trust (REIT), Taubman Centers Inc. ’s ( TCO ) third-quarter 2014 adjusted funds from operations (FFO) per share came in at 91 cents, beating the Zacks Consensus Estimate of 90 cents per share and improving from the year-ago quarter figure by 2.2%. Results reflect increased rents and recoveries, and lower predevelopment expenses. […]

Stock Analysts

FTI Consulting Tops Q3 Earnings & Guides Higher; Shares Up

FTI Consulting, Inc. ( FCN ) continued its streak of beating earnings estimates, witnessing its fifth successive earnings beat. Adjusted earnings for the consulting firm came in at 63 cents per share that surpassed the Zacks Consensus Estimate of 41 cents by a whopping 53.7% on the back of broad-based top line growth […]

Stock Analysts

AGCO Q3 Earnings Lag Y/Y, Shares Dip on Weak Outlook

Shares of agriculture machinery manufacturer, AGCO Corporation ( AGCO ) dropped 1.5% after it reported a 44% year-over-year decline in its third-quarter 2014 earnings to 71 cents per share on Oct 28. However, earnings surpassed the Zacks Consensus Estimate of 63 cents per share. Weaker markets, significant production cuts aimed at controlling the Company and dealer inventories, declines in commodity prices and expectations of lower farm income in 2014 have negatively impacted AGCO’s results […]

Stock Analysts

AB InBev Q3 Earnings Miss Estimates but Up Y/Y, View Intact

The world’s largest brewer, Anheuser-Busch InBev SA/NV ( BUD ), also known as AB InBev, posted mixed results for third-quarter 2014, wherein both top and bottom lines marked a year-over-year improvement but fell short of the Zacks Consensus Estimate. The company revealed that quarterly performance was negatively impacted by inventory cut by U.S. […]

Mergers & Acquisitions

Philadelphia Energy Solutions CEO and Chair of the Greater Philadelphia Energy Action Team, Philip Rinaldi, comments on rejection of PGW sale

Philadelphia Energy Solutions CEO and Chair of the Greater Philadelphia Energy Action Team, Philip Rinaldi, comments on rejection of PGW sale PR Newswire PHILADELPHIA, Oct. 31, 2014 PHILADELPHIA , Oct. 31, 2014 /PRNewswire/ — As the CEO of Philadelphia Energy Solutions and Chair of the Greater Philadelphia Energy Action Team I am frequently and passionately advocating for the development of Philadelphia’s energy infrastructure to take advantage of the proximity of Pennsylvania’s abundant Marcellus Shale natural gas reserves. […]

Upgrades

Nucor Corporation (NUE) Upgraded by Zacks to OUTPERFORM

Zacks Investment Research upgraded shares of Nucor Corporation (NUE) from NEUTRAL to OUTPERFORM on October 31, 2014, with a target price of $64.00. Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day . To get a free copy of the research report on Nucor Corporation (NUE), click here […]

Upgrades

Rock-Tenn Company (RKT) Upgraded by Zacks to NEUTRAL

Zacks Investment Research upgraded shares of Rock-Tenn Company (RKT) from UNDERPERFORM to NEUTRAL on October 31, 2014, with a target price of $53.00. Rock-Tenn's adjusted earnings declined around 9% year over year to 99 cents per share in the third quarter of fiscal 2014. The company provided fiscal fourth-quarter adjusted earnings guidance in the range of $1 to $1.10 per share, reflecting a year-over-year decline of 17% to 25% […]