Month: January 2015

Leading U.S. cable multi service operator (MSO), Cablevision System Corp. […]

Leggett & Platt, Incorporated ( LEG ) ended its run for 2014 with its fourth-quarter 2014 adjusted earnings from continuing operations climbing 7.9% year over year to 41 cents a share. However, earnings fell short of the Zacks Consensus Estimate of 44 cents. […]

The Advanced Wireless Servies-3 spectrum auction conducted by the Federal Communications Commission (FCC) came to an end yesterday registering a record-breaking bidding of $44.89 billion, breezing past the regulator’s initial estimate of a little over $10 billion. In 2008, the FCC conducted a wireless spectrum auction which had accumulated a total of $19.6 billion. […]

The delayed third-quarter 2014 result of Brazil's state-run energy giant Petroleo Brasileiro S.A., or Petrobras ( PBR ) was finally released on Jan 27, 2015. The company was supposed to declare the report last November. Petrobras’ ongoing internal investigations related to multibillion money laundering and bribery cases prompted the postponement. […]

StanCorp Financial Group Inc. ’s ( SFG ) fourth-quarter 2014 operating net earnings of $1.42 per share outperformed the Zacks Consensus Estimate by 5.2%. […]

For McDonald's Corp. ( MCD ), the stepping down of its CEO, Don Thompson – who was in office for almost three challenging years – might just be a blessing in disguise. Shares of the Oak Brook, IL-based company shot up more than 5% after Steve Easterbrook was named as the new CEO on Jan 28. […]

QLogic Corp . ( QLGC ) reported third-quarter fiscal 2015 earnings (including stock-based compensation but excluding one-time items) of 30 cents per share, which beat the Zacks Consensus Estimate of 24 cents by 25%. […]

Hubbell Inc. ’s ( HUB.B ) fourth quarter earnings of $1.38 per share beat the Zacks Consensus Estimate by 12 cents. Earnings decreased 8.6% sequentially and were flat on a year-over-year basis. […]

Health insurer Aetna Inc. ( AET ) is scheduled to report fourth-quarter and full-year 2014 results before the opening bell on Feb 3. In the last quarter, this company delivered a 13.3% positive earnings surprise. […]

TCF Financial Corporation ’s ( TCB ) fourth-quarter earnings of 12 cents per share missed the Zacks Consensus Estimate of 29 cents, marking the company’s second consecutive earnings miss. Moreover, the bottom line was 45.5% lower than the prior-year quarter figure of 22 cents. […]

C. R. Bard Inc ( BCR ) reported an impressive fourth quarter of 2014, wherein EPS of $2.29 surpassed the Zacks Consensus Estimate by a nickel […]

The Dow experienced a mixed week, weighed down by disappointing earnings and the oil price slump. The blue-chip index gained marginally on Monday as continuing positive impact from the ECB’s monetary stimulus announcement offset concerns following Syriza’s win in Greece. […]

Selective Insurance Group, Inc. ( SIGI ) reported fourth-quarter 2014 operating income of 72 cents per share outperforming the Zacks Consensus Estimate of 64 cents by 12.5% and improving year over year by 60%. The property and casualty insurer’s bottom-line growth was primarily driven by strong results across all its operations […]

Qiagen NV ( QGEN ), a provider of sample and assay technologies, posted a disappointing fourth-quarter 2014 with lower-than-expected earnings and revenues. Adjusted earnings per share (EPS) of 25 cents fell short of the Zacks Consensus Estimate by 16.6%. […]