Stock Analysts

OmniVision Q3 Earnings, Revenue Beat; Stock Up on Q4 View

OmniVision Technologies ( OVTI ) reported third-quarter fiscal 2015 (ended Jan 2015) earnings per share of 23 cents, which comfortably beat the Zacks Consensus Estimate of 14 cents. However, the earnings were down 50.6% sequentially and 57.1% year over year, primarily on account of lower revenues. Following the earnings announcement, the stock rose 3.7% in the after-hours trading session due to encouraging guidance, indicating enhanced growth prospects […]

Stock Analysts

Rowan Companies Earnings Miss, Revenues Beat in Q4

Rowan Companies plc ’s ( RDC ) adjusted fourth-quarter 2014 earnings from continuing operations came in at 89 cents per share, which missed the Zacks Consensus Estimate of 90 cents. Earnings, however, increased from the adjusted year-ago profit level of 42 cents. Total revenue grew 41.4% year over year to $556.2 million in the reported quarter and beat our expectation of $530.0 million […]

Stock Analysts

Chico’s (CHS) Beats Q4 Earnings, Revenue Estimates

Chico's FAS Inc. ( CHS ) reported adjusted earnings per share of 5 cents for fourth-quarter 2014, increasing 25% from the prior-year figure of 4 cents and also surpassing the Zacks Consensus Estimate of 2 cents. Following the better-than-expected results, shares of Chico's grew 2.6% on Thursday […]

Stock Analysts

American Public (APEI) Q4 Earnings, Sales Beat

American Public Education, Inc. ( APEI ) delivered better-than-expected revenues and earnings in the fourth quarter of 2014 for the second consecutive quarter. However, the post-secondary education provider issued a disappointing outlook for the next quarter, expecting a year-over-year decline in earnings and revenue […]

Mergers & Acquisitions

American Realty Capital Hospitality Trust Completes Acquisition of Equity Inns Lodging Portfolio for $1.8 Billion

American Realty Capital Hospitality Trust Completes Acquisition of Equity Inns Lodging Portfolio for $1.8 Billion Transformational Purchase of 116 Hotels Totaling 13,744 Rooms in 31 States Creates One of the Largest Select-Service Hotel REITs in North America PR Newswire NEW YORK, Feb. 27, 2015 NEW YORK , Feb. 27, 2015 /PRNewswire/ — American Realty Capital Hospitality Trust, Inc […]

Stock Analysts

ACE to Enhance Shareholders’ Value with 3.1% Dividend Hike

The board of directors of ACE Limited ( ACE ) will propose a 3.1% increase in its annual dividend at the annual general meeting to be held on May 21, 2015. If approved, this will be the twenty-second straight year of dividend increase. Its consistent efforts towards building shareholders’ wealth renewed investors’ confidence in the stock, driving shares up by 0.5% in yesterday’s trading session […]