Month: May 2015

Technicals

Why Earnings Season Could Be Great for Chesapeake Energy (CHK) – Tale of the Tape

May 5, 2015 0

Investors are always looking for stocks that are poised to beat at earnings season and Chesapeake Energy Corporation ( CHK ) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Chesapeake Energy is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat […]

Mergers & Acquisitions

SLS Beverly Hills Sold To Sunrider International

May 5, 2015 0

SLS Beverly Hills Sold To Sunrider International PR Newswire LOS ANGELES, May 5, 2015 LOS ANGELES , May 5, 2015 /PRNewswire/ — sbe , the Los Angeles -based creative hospitality company that develops, manages and operates award-winning hotels, restaurants and nightlife, announced today the sale of one of its portfolio assets, SLS Beverly Hills , to Sunrider International, a family-owned health and beauty company. Keeping in line with sbe’s current growth strategy of focusing on long-term brand management and operating agreements, the hotel’s ownership group (which included sbe and the Nazarian family) seized the opportunity to sell its flagship SLS property in an expanding market while remaining onboard as the brand operator. “The sale of SLS Beverly Hills represents the successful evolution of sbe,” said Sam Nazarian , Chairman and CEO of sbe and its subsidiary SLS Hotels . […]

Stock Analysts

AptarGroup Beats Q1 Earnings on Cost Control, Shares Up

May 5, 2015 0

Shares of AptarGroup, Inc. ATR rose as much as 3% and closed at $63.96 on May 4, after the company reported strong first-quarter 2015 earnings. Adjusted earnings improved 17% year over year to 70 cents per share in the quarter driven by outstanding performance of its Pharma segment. […]

Stock Analysts

UBS Group Post Robust Q1 Earnings, Profit Jumps 88% Y/Y

May 5, 2015 0

UBS Group AG UBS reported first-quarter 2015 net profit attributable to shareholders of CHF 1.98 billion ($2.08 billion), soaring a whopping 88% year over year. The results were driven by elevated net interest income (up 4% year over year), increased net trading income (up 57% year over year) and higher net fee and commission income (up 7% year over year) as well. UBS Group AG experienced own credit gain on financial liabilities of CHF 226 million ($237.5 million) as against a gain of CHF 88 million ($92.4 million) in the prior-year quarter. […]

Stock Analysts

MGM Resorts Q1 Earnings Beat; Revenues Miss Estimates

May 5, 2015 0

MGM Resorts International MGM posted mixed first quarter 2015 results with earnings beating the Zacks Consensus Estimate but revenues missing the same. This was the second consecutive quarter of revenue miss, reflecting continued weak performance in Macau, China – a key operating region of the company. Adjusted earnings of 26 cents beat the Zacks Consensus Estimate of 14 cents by 85.7% and increased 23.8% year over year. […]

Stock Analysts

Luminex Tops Q1 Earnings, Revenues; Maintains FY15 View

May 5, 2015 0

Luminex Corp LMNX reported first-quarter 2015 adjusted earnings of 19 cents per share, which beat the Zacks Consensus Estimate by 6 cents. However, adjusted earnings per share (EPS) declined 3.7% on a year-over-year basis owing to modest revenue growth and flat operating margins. Luminex Corporation – Earnings Surprise | FindTheCompany Revenue Details Revenues climbed 2.1% year over year to $57.7 million, which was slightly better than the Zacks Consensus Estimate of $57 million […]

Stock Analysts

Ares Capital Falls on Q1 Earnings Miss, Revenues Up Y/Y

May 5, 2015 0

Shares of Ares Capital Corporation ARCC fell nearly 2% following its first-quarter 2015 earnings release before the opening bell yesterday. Core earnings came in at 37 cents per share, down 2.6% from the year-ago quarter. Moreover, the figure lagged the Zacks Consensus Estimate of 39 cents […]