Stock Analysts

Archer Daniels Q1 Earnings Beat Estimates, Revenues Miss

Archer Daniels Midland Company ADM began 2015 on a mixed note, reporting spectacular bottom-line results despite the top line lagging expectations. The company’s adjusted earnings for the first quarter of 2015 surged 40% year over year to 77 cents per share, cruising much ahead of the Zacks Consensus Estimate of 71 cents. On a reported basis, Archer Daniels’ earnings soared a whopping 92.5% from the year-ago quarter […]

Stock Analysts

Harris Corp (HRS) Beats on Q3 Earnings, Revenues Slip

Harris Corporation HRS delivered mixed numbers in the third quarter of fiscal 2015 (ended Apr 3, 2015) reporting better-than-expected earnings but lower-than-estimated revenues. The company’s earnings (on an adjusted basis) of $1.32 per share breezed past the Zacks Consensus Estimate of $1.23. Quarterly earnings were 3.9% above the year-ago figure […]

Stock Analysts

Emerson Misses Earnings on Uneven Macroeconomic Woes

Emerson Electric Company EMR reported second-quarter fiscal 2015 adjusted earnings per share of 65 cents per share, which fell short of the Zacks Consensus Estimate of 76 cents and came below the year-ago quarter figure of 77 cents. Emerson Electric Company – Earnings Surprise | FindTheCompany A strong cut in spending by global customers in oil and gas and industrial markets and strengthening of the U.S. dollar acted as the headwinds. […]

Mergers & Acquisitions

Oakwood Worldwide Expands Presence in Raleigh, N.C.

Oakwood Worldwide Expands Presence in Raleigh, N.C. Oakwood Raleigh at Brier Creek features fully furnished corporate apartments PR Newswire LOS ANGELES, May 5, 2015 LOS ANGELES , May 5, 2015 /PRNewswire/ — Oakwood Worldwide , the global leader in corporate housing and serviced apartment solutions, today announced it has added a 300-unit apartment complex in Raleigh, N.C. to its global portfolio […]

Mergers & Acquisitions

DealerSocket to Acquire AutoStar Solutions

DealerSocket to Acquire AutoStar Solutions PR Newswire SAN CLEMENTE, Calif., May 5, 2015 SAN CLEMENTE, Calif. , May 5, 2015 /PRNewswire/ — DealerSocket today announced it has acquired AutoStar Solutions, a comprehensive automotive dealer management system (DMS) for Buy Here Pay Here (BHPH) and User Car Dealers. […]

Mergers & Acquisitions

Ergoresearch announces closing of the acquisition of 49% of the shares of Orthoconcept (2008) inc.

Ergoresearch announces closing of the acquisition of 49% of the shares of Orthoconcept (2008) inc. Canada NewsWire LAVAL, QC, May 5, 2015 LAVAL, QC , May 5, 2015 /CNW Telbec/ – Ergoresearch Ltd (TSXV: ERG) – based in Laval and known under the « Équilibre, orthèses et biom canique» banner – announces today the closing of the transaction previously announced on April 23, 2015 regarding the acquisition of 49% of the issued and outstanding shares of Orthoconcept (2008) inc. The purchase price was paid by issuing 500 000 common shares (TSXV: ERG) to the vending shareholder, namely 9211-5096 Qu bec inc.. […]

Stock Analysts

Avis Budget (CAR) Q1 Earnings Beat, Sales Miss Estimates

Leading global car rental company, Avis Budget Group Inc. CAR reported first-quarter 2015 adjusted earnings per share of 17 cents, which grew 6.3% from the prior-year earnings and surpassed the Zacks Consensus Estimate of 14 cents. The upside came despite volatile global economic conditions, coupled with the industry-wide scenario of over-fleeting in North America […]

Stock Analysts

Armstrong World (AWI) Q1 Earnings & Sales Miss Estimates

Armstrong World Industries, Inc. AWI reported a 14% year-over-year drop in its first-quarter fiscal 2015 earnings to 37 cents per share, falling short of the Zacks Consensus Estimate of 40 cents. Including one-time items, earnings nosedived 79% to 7 cents per share from the prior-year quarter figure of 33 cents. […]

Stock Analysts

PetMed Beats Q4 Earnings; Sales Improve on Reorder Growth

Leading pet pharmacy in the Americas, PetMed Express PETS , reported earnings per share (EPS) of 25 cents in the fourth quarter of fiscal 2015, up 8.7% year over year. The number also exceeded the Zacks Consensus Estimate by a penny. For fiscal 2015, excluding a one-time charge for an IT-related discontinued project, adjusted EPS came in at 92 cents, 2 cents ahead of the year-ago number […]

Technicals

DIRECTV (DTV) Misses Q1 Earnings and Revenues – Tale of the Tape

DIRECTV ( DTV ) , one of the largest U.S. satellite TV operators, provides satellite-delivered digital television, video and broadband services. The continuous adoption of high-end services, the introduction of the TV Everywhere service and company’s decision to launch 4K Ultra HD programming on subscribers’ TV sets should favor DIRECTV’s revenues in the first quarter. […]