Month: January 2015

Mergers & Acquisitions

Adam Smith’s Calculated Risk Group Expands Texas Coverage with Reacquisition of Waco Harley-Davidson Dealership

January 28, 2015 0

Adam Smith’s Calculated Risk Group Expands Texas Coverage with Reacquisition of Waco Harley-Davidson Dealership Plans for Adam Smith’s Harley-Davidson of Waco include growing local career opportunities, expanding events and promotions for Texas’ #1 Harley-Davidson dealer PR Newswire WACO, Texas, Jan. 28, 2015 WACO, Texas , Jan. 28, 2015 /PRNewswire/ — Adam Smith’s Calculated Risk Group, which currently owns and manages Adam Smith’s Texas Harley-Davidson in Bedford and Adam Smith’s Texoma Harley-Davidson in Sherman , is returning to Waco with the reacquisition of Harley-Davidson of Waco […]

Stock Analysts

International Paper Q4 Earnings Miss, Revenues Up Y/Y

January 28, 2015 0

International Paper Company ( IP ) reported net income of $134 million or 32 cents per share in fourth-quarter 2014 compared with $436 million or 98 cents per share in the year-ago quarter. The fourth-quarter earnings included a non-cash foreign exchange charge of 40 cents per share. The company reported net income of $555 million or $1.29 per share in full year 2014 compared with $1.4 billion or $3.11 per share in 2013. […]

Stock Analysts

Commerce Bancshares Falls on Q4 Earnings Miss, Expenses Up

January 28, 2015 0

Shares of Commerce Bancshares, Inc. ( CBSH ) declined over 2% in the full trading session following its fourth-quarter 2014 earnings release, which reflected strained performance on subdued revenue generation and weak expense management. The company reported earnings per share of 62 cents, which came in below the Zacks Consensus Estimate as well as the year-ago quarter figure of 65 cents […]

Stock Analysts

Ericsson Q4 Earnings Miss on Dismal North America Business

January 28, 2015 0

Ericsson ( ERIC ) reported non-IFRS earnings per share (excluding restructuring) of SEK 1.71 (23 cents) in the fourth quarter of 2014, falling short of the Zacks Consensus Estimate of 25 cents. Also, earnings marked a decline of 29.3% year over year from the prior-year figure of SEK 2.42. Following the earnings release, Ericsson‘s shares declined about 2.3% during the trading session on Jan 27. […]

Stock Analysts

AmerisourceBergen Beats on Q1 Earnings, Ups 2015 View

January 28, 2015 0

AmerisourceBergen Corp . ( ABC ) posted earnings (excluding employee severance, LIFO expense, warrants, litigation, restructuring and acquisition costs) of $1.14 per share in the first quarter of fiscal 2015 (ended Dec 31, 2014), beating the Zacks Consensus Estimate of 96 cents and above the year-ago figure of 80 cents per share. […]

Stock Analysts

Synovus (SNV) Gains on Q4 Earnings Beat, Revenues Up Y/Y

January 28, 2015 0

Shares of Synovus Financial Corporation ( SNV ) rose 1.5% in one day’s trading after the company reported fourth-quarter 2014 earnings on Jan 27, before the market opened. The company’s adjusted earnings of 39 cents per share came in 11.4% ahead of both the Zacks Consensus Estimate and prior-year quarter earnings. Synovus Financial Corporation – Earnings Surprise | FindTheBest Better-than-expected results were driven by strong top-line growth – a rise in net interest and non-interest income […]

Mergers & Acquisitions

GenEquity Mortgage Acquires Houston Capital Mortgage

January 28, 2015 0

GenEquity Mortgage Acquires Houston Capital Mortgage PR Newswire COPPELL, Texas, Jan. 28, 2015 COPPELL, Texas , Jan. 28, 2015 /PRNewswire/ — GenEquity Mortgage, Inc., a leading mortgage banker, licensed in 19 states, has completed the purchase of Houston Capital Mortgage, a Houston -based mortgage banker that has been in business for more than 25 years. […]

Economic Data

Apple Earnings Boost Overall Q4 Growth – Ahead of Wall Street

January 28, 2015 0

Wednesday, January 28, 2015 The Fed meeting and a barrage of earnings reports provide the backdrop for today’s trading action. Stocks were down big on Tuesday in response to weak earnings reports from a host of blue-chip operators. But the mood may be a lot more positive following the strong Boeing ( BA ) report this morning and the record Apple ( AAPL ) announcement last evening. […]