Stock Analysts

PAREXEL Q3 Earnings in Line; FY15 Top-line View Trimmed

PAREXEL International Corp PRXL reported adjusted earnings of 66 cents per share in the third quarter of fiscal 2015, in line with the Zacks Consensus Estimate. Earnings, however, jumped nearly 17.9% year over year, primarily on the back of cost curtailment initiatives and lower tax rate. […]

Stock Analysts

Louisiana-Pacific Rises on Narrower-than-Expected Q1 Loss

Share price of Louisiana-Pacific Corporation LPX rose 5.40% on May 5, after the company posted first-quarter 2015 adjusted loss per share of 13 cents, narrower than the Zacks Consensus Estimate of a loss of 18 cents a share. However, the quarterly loss incurred by this premier supplier of building materials was significantly wider than the year-ago quarter loss of 5 cents per share. Louisiana-Pacific Corporation – Earnings Surprise | FindTheCompany Net sales of $471.7 million in the quarter surpassed the Zacks Consensus Estimate of $470 million by 0.4% and increased 6% year over year, on the back of solid sales in siding segment. […]

Mergers & Acquisitions

Planned Community Developers Acquires Prime Sugar Land Property

Planned Community Developers Acquires Prime Sugar Land Property PR Newswire SUGAR LAND, Texas, May 6, 2015 SUGAR LAND, Texas , May 6, 2015 /PRNewswire/ — Planned Community Developers has acquired a prized, five-acre lakefront site in Sugar Land for a Class A office building with structured parking and a planned 134-room hotel. With the growing trend towards a walkable, highly amenitized live/work/shop/play office environment, Lake Pointe One combines all of the key elements necessary to support today’s office user. “The unique combination of water frontage and amenities makes this a one-of-a-kind site in the Houston area,” says Don Janssen , principal of Planned Community Developers. […]