Stock Analysts

Ackman Buys 7.5% Stock in Mondelez, What Next?

Activist investor William Ackman’s hedge fund company, Pershing Square Capital Management LP has recently acquired 7.5% equity stake in Mondelez International Inc. MDLZ , maker of the popular Oreo cookies, which is equivalent to $5.5 billion worth of stock. With his latest investment in Mondelez, Ackman is reportedly insisting the snack company to accelerate its revenue growth and cut costs significantly or sell itself to a rival, like Kraft Foods. […]

Stock Analysts

Duke Energy Lags on Q2 Earnings and Revenues, Retains View

Duke Energy Corporation DUK reported second-quarter 2015 adjusted earnings of 95 cents per share that fell short of the Zacks Consensus Estimate of $1.02 by 6.9%. Quarterly earnings also fell 14.4% year over year. GAAP earnings came in at 78 cents per share, down 9.3% from 86 cents in the second quarter of 2014 […]

Stock Analysts

Nektar Q2 Loss Wider-than-Expected, Outlook Maintained

Nektar Therapeutics NKTR reported a loss of 40 cents per share in the second quarter of 2015, wider than the Zacks Consensus Estimate of a loss of 27 cents and the year-ago loss of 26 cents per share. Revenues in the second quarter of 2015 were $22.7 million, down 20.5% from the year-ago, well short of the Zacks Consensus Estimate of $46 million. Quarter in Detail Total revenues comprised net product revenues, royalty revenues, non-cash royalty revenues, license and collaboration revenues and others […]