Technicals

Nucor (NUE) Misses on Both Q4 Earnings & Revenues – Tale of the Tape

Nucor Corporation ( NUE ) is a leading producer of structural steel, steel bars, steel joists, steel deck and cold finished bars in the U.S and operates in three divisions – the Steel Mills segment, the Steel Products segment and the Raw Materials segment. While Nucor is still exposed to weak steel market fundamentals, it is seeing strength across end markets such as heavy equipment, automotive, general manufacturing and energy. Nucor’s direct reduced iron (DRI) facility in Louisiana, its largest project, came online in Dec 2013 […]

Mergers & Acquisitions

SSCP Management Finalizes Acquisition of Roy’s Restaurant

SSCP Management Finalizes Acquisition of Roy’s Restaurant PR Newswire DALLAS, Jan. 27, 2015 DALLAS , Jan. 27, 2015 /PRNewswire/ — In an announcement made earlier today, successful Dallas businessman, Applebee’s franchisee and philanthropist, Sunil Dharod , President and Chief Executive Officer of SSCP Management, officially added the Roy’s Restaurant chain to his restaurant portfolio […]

Stock Analysts

Rock-Tenn (RKT) Rises on Q1 Earnings Beat, Merger News

Rock-Tenn Company ’s ( RKT ) shares gained over 6% after the company reported improved first-quarter fiscal 2015 (ended Dec 31, 2014) results and announced that it has agreed to merge with MeadWestvaco Corp. ( MWV ) to form a global giant of consumer and corrugated packaging. Shares of Rock-Tenn hit a new 52-week high of $70.35 on Jan 26, 2015 and eventually closed at $66.85 […]

Stock Analysts

Bristol-Myers Beats on Q4 Earnings, 2015 View Disappoints

Bristol-Myers Squibb Company ’s ( BMY ) fourth-quarter 2014 earnings (excluding special items) of 46 cents per share beat the Zacks Consensus Estimate by 6 cents but were down 10% year over year. Including one-time items, Bristol-Myers’ fourth-quarter 2014 earnings came in at 1 cent, down 98% year over year. Net sales in the fourth quarter (excluding revenues from the divested diabetes business) climbed 6% to $4.211 billion, driven by strong sales of drugs targeting the oncology market […]

Stock Analysts

Danaher (DHR) Q4 Earnings Meet, Revenues Miss Estimates

Danaher Corporation ( DHR ) reported adjusted earnings of $1.04 a share in fourth-quarter 2014, in line with the Zacks Consensus Estimate. Adjusted earnings increased 8.3% compared with the prior-year figure of 96 cents per share. Also, Danaher’s full-year 2014 earnings of $3.68 per share increased 7.6% as compared to $3.42 per share reported year ago […]

Stock Analysts

American Airlines Group (AAL) Tops Q4 Earnings, Revenues

American Airlines Group ( AAL ), which came into being following the Dec 2013 merger of AMR (American Airlines' parent group) and US Airways, performed well in the final quarter of 2014 reporting higher-than-expected earnings and revenues. The company recorded adjusted earnings per share of $1.52, beating the Zacks Consensus Estimate by a penny. […]

Stock Analysts

DuPont’s Q4 Earnings Meet, Strong Dollar Weighs on Outlook

DuPont ( DD ) saw its profits jump in the fourth quarter of 2014, aided by its strategic measures including portfolio optimization, productivity improvements and cost-savings from operational redesign initiatives. The company saw higher volumes and margins across most of its reporting segments in the quarter amid a challenging operating backdrop including continued weakness in agriculture economy and headwinds from a stronger dollar. […]

Stock Analysts

Will Blackstone Q4 Earnings Disappoint on Higher Expenses?

The Blackstone Group L.P. ( BX ) is scheduled to report its fourth-quarter and full-year 2014 results on Jan 29, before the market opens. Last quarter, Blackstone delivered a negative earnings surprise of 15.4% on the back of higher expenses, partially offset by revenue growth on the back of an impressive increase in performance fees […]

Stock Analysts

United Technologies’ Q4 Earnings Zoom, Outlook Trimmed

Industrial goods manufacturer United Technologies Corporation ( UTX ) delivered stellar fourth-quarter 2014 results riding high on healthy margin improvement and six consecutive quarters of organic sales growth. The company reported fourth-quarter 2014 net income of $1,473 million or $1.62 per share, up from $1,463 million or $1.58 in the year-ago quarter. […]

Economic Data

Q4 Earnings To Dominate Today’s Session – Economic Highlights

Earnings remain front and center in today’s session, with soft results from a number of industry leaders weighing on investor confidence. Today’s reports spotlight companies lowering guidance due to a combination of global growth worries and currency issues. The tone and substance of this morning’s long line-up of Q4 results (more than 30 S&P 500 members are reporting results today, including 21 this morning) is overwhelmingly soft […]