Mergers & Acquisitions

Redknee completes acquisition of Orga Systems

Redknee completes acquisition of Orga Systems Canada NewsWire TORONTO, July 31, 2015 TORONTO , July 31, 2015 /CNW/ – Redknee Solutions Inc. (TSX: RKN) , a leading provider of real-time monetization and subscriber management software, is pleased to announce the closing of the acquisition of Orga Systems. Redknee had previously announced its intention to purchase Orga Systems on June 23, 2015 . […]

Stock Analysts

Alkermes’ Reports Wider Q2 Loss, Increases Guidance

Alkermes ALKS reported a loss (including share-based compensation expense) of 24 cents per share in the second quarter of 2015 wider than the Zacks Consensus Estimate of a loss of 22 cents and the loss of 1 cent in the year ago period. Alkermes reported revenues of $151.4 million for the second quarter of 2015, down 1.3% from the previous year, which included products sales from currently divested Gainesville manufacturing facility. Revenues were above the Zacks Consensus Estimate of $147 million. […]

Stock Analysts

Why Are Securities Exchanges Great Stocks Now?

One can’t miss the flurry in securities exchanges as companies scurry for an initial public offering. Heightening the frenzy is better trading volumes for all goods and commodities as well as launch options of futures contracts. The long lineup of trade on the bourses includes equities, commodities, derivatives, debt and ETFs or exchange traded funds to name a few […]

Stock Analysts

Will Sempra Energy (SRE) Clinch an Earnings Beat in Q2?

Energy services holding company, Sempra Energy SRE is expected to beat expectations when it reports second-quarter 2015 earnings results before the opening bell on Aug 4, 2015. Last quarter, Sempra Energy had recorded a 22.14% positive earnings surprise. Let’s see how things are shaping up for the second quarter. […]

Stock Analysts

Ameren (AEE) Earnings and Revenues Miss Estimates in Q2

Ameren Corporation AEE posted second-quarter 2015 earnings from continuing operations of 58 cents per share, missing the Zacks Consensus Estimate of 63 cents by 7.9%. Earnings also dropped 6.4% from the year-ago figure. The year-over-year decline in earnings was due to lower retail electric sales volume on milder early summer temperatures […]

Stock Analysts

Alcatel-Lucent Reports Loss, North American Issue Persists

Alcatel-Lucent ALU reported adjusted loss of 2 cents per American Depositary Share (“ADS”) for second-quarter 2015, which compared unfavorably with the Zacks Consensus Estimate of earnings of 2 cents. However, the loss narrowed from the prior-year quarter loss of 15 cents. The dismal bottom-line performance was mainly due to a considerable decline in spending in the North American market and higher operating expenses […]

Stock Analysts

Will BioMarin Top Q2 Earnings Again on Vimizim Sales?

BioMarin Pharmaceutical Inc . BMRN will be reporting second quarter 2015 earnings on Aug 3 after the market closes. BioMarin’s track record has been pretty good, with the company reporting narrower-than-expected loss in each of the trailing four quarters with an average beat of 46% […]

Stock Analysts

Can EPR Properties (EPR) Earnings Pull Off a Surprise in Q2?

EPR Properties EPR is slated to report second-quarter 2015 results on Aug 4, after the closing bell. This retail real estate investment trust (“REIT”) has beaten the Zacks Consensus Estimate in three of the trailing four quarters with an average beat of 3.62%. The Zacks Consensus Estimate for the second quarter is currently pegged at $1.06 […]