Month: January 2015

United Continental Holdings Inc. ( UAL ) – one of the leading U.S. […]

Driven by lower expenses, BB&T Corporation ( BBT ) delivered a positive earnings surprise in fourth-quarter 2014. Earnings per share of 76 cents surpassed the Zacks Consensus Estimate of 73 cents. Moreover, earnings came in a penny higher than the year-ago quarter figure. […]

On Jan 21, 2015, shares of KB Home ( KBH ) dropped to a 52-week low of $11.78 and eventually closed at $11.94 with a negative year-to-date return of 27.1%. What Led to the Slump? Share price of KB Home has declined 13.9% since the national homebuilder reported disappointing fourth-quarter 2014 results and provided a bleak outlook for 2015 on Jan 13 […]

Currently, oil is deeply entrenched into bearish territory and has fallen below the $50-a-barrel level following OPEC’s decision to hold production unchanged, the effects of booming shale supplies in North America and a stagnant European economy. Moreover, a stronger dollar has made the greenback-priced commodity more expensive for investors holding foreign currency. […]

Texas Capital Bancshares Inc. ( TCBI ) reported fourth-quarter 2014 earnings per share of 78 cents, surpassing the prior-year quarter earnings of 67 cents. […]

Navient Corporation ’s ( NAVI ) fourth-quarter 2014 core earnings came in at 53 cents per share, in line with the Zacks Consensus Estimate. The figure compared unfavorably with core earnings of 62 cents per share reported in the year-ago quarter. Core earnings exclude impact of the financial results of the consumer banking business for periods prior to the spin off as well as the spin-off related restructuring and reorganization expenses […]

Sallie Mae ’s ( SLM ) core earnings of 3 cents per share for fourth-quarter 2014 missed the Zacks Consensus Estimate of 5 cents. Also, it compared unfavorably with core earnings of 14 cents reported in the year-ago quarter. Following the separation of SLM Corporation into two distinct publicly-traded entities on Apr 30, 2014, Sallie Mae started operating independently as a consumer-banking company focused on offering private education loans, saving and insurance products for higher education to students and families […]

Housing starts rose more than expected in December, ending the year on a strong note and raising hope for better housing conditions in 2015. Data released by the U.S. […]

Raymond James Financial Inc. ( RJF ) announced fiscal first-quarter 2015 earnings results yesterday after the market closed. […]