Stock Analysts

St. Joe Incurs Loss in Q2, Segment Revenues Up

The St. Joe Company JOE reported second-quarter 2015 net loss of $0.2 million or zero cents per share, as against the Zacks Consensus Estimate of earnings of a penny. Results compared unfavorably with the prior-year quarter performance wherein the company had reported net income of $14.6 million, or 16 cents per share backed by the RiverTown sale that accounted for $43.6 million in revenue and $26.0 million in net income […]

Stock Analysts

Assured Guaranty Earnings Outpaces on Radian Asset Buy

Assured Guaranty Ltd. AGO delivered operating net income of $1.83 per share in the second quarter of 2015 that breezed past the Zacks Consensus Estimate of 60 cents. Earnings improved more than three-fold year over year The record bottom-line growth was driven by bargain purchase gain plus settlement of pre-existing relationships due to the Radian Asset acquisition and massive top-line growth […]

Mergers & Acquisitions

Opera acquires Bemobi, becoming the industry leader in discovery and monetization services for Android apps in emerging markets

Opera acquires Bemobi, becoming the industry leader in discovery and monetization services for Android apps in emerging markets PR Newswire OSLO, Norway, Aug. 7, 2015 OSLO, Norway , Aug. 7, 2015 /PRNewswire/ — Opera Software (OPERA:Oslo) announced today its acquisition of Bemobi, a leading, subscription-based mobile-app-discovery service in Latin America . […]

Stock Analysts

Medivation Tops Q2 Earnings & Ups View, Xtandi Impresses

Medivation Inc. MDVN reported second quarter 2015 earnings of 47 cents per share, surpassing the Zacks Consensus Estimate of 38 cents per share and the year-ago loss of 8 cents per share. Revenues for the reported quarter increased 18.6% year over year to $175.7 million, well above the Zacks Consensus Estimate of $163 million. […]

Stock Analysts

Merck KGaA’s Net Income Up Y/Y, 2015 View Retained

Merck KGaA ’s MKGAF net income during the second quarter of 2015 increased to €343.4 million, up 13.2% from the year-ago period. The company reported second-quarter 2015 earnings of €0.79 (approximately 87 cents), up 12.9% year over year. Net sales were €3.2 billion, up 14.3% from the year-ago quarter […]

Stock Analysts

Gibraltar (ROCK) Beats on Q2 Earnings, Raises Outlook

Premium steel & iron company, Gibraltar Industries, Inc. ROCK reported robust second-quarter 2015 results. The sound results were supported by the company’s current strategy of value-creation as well as successful returns accrued from its recently acquired business, Rough Brothers (‘‘RBI”). […]

Stock Analysts

Tutor Perini (TPC) Q2 Earnings Lag on Project Related Loss

Tutor Perini Corporation ’s TPC earnings plunged nearly 31% year over year to 41 cents in the second quarter of 2015 from 59 cents in the year-ago quarter. Earnings also trailed the Zacks Consensus Estimate of 53 cents. Earnings in the quarter were negatively affected by a loss on the Hudson Yards 52-story Tower C concrete project, which had an impact of 17 cents per share […]