Month: August 2015

Keryx Biopharmaceuticals Inc. ’s KERX second-quarter 2015 loss of 26 cents per share was in line with the Zacks Consensus Estimate but wider than the year-ago figure of a loss of 24 cents. Keryx Biopharmaceuticals Inc. […]

M&T Bank Corporation MTB is in discussions with the U.S. authorities to resolve investigation over its mortgage lending operations. According to the New York-based bank’s latest quarterly filing, several government agencies are conducting investigations relating to the bank’s origination of Federal Housing Administration (“FHA”) insured loans and mortgages sold to Freddie Mac FMCC and Fannie Mae FNMA . […]

CACI International Inc CACI recently secured a $46 million Army Force Management System (FMS) contract for the U.S. Army’s Program Executive Officer (PEO) Enterprise Information Systems (EIS). PEO EIS develops, acquires, integrates, and deploys information technology (IT) systems globally. […]

Sucampo Pharmaceuticals SCMP reported earnings of 21 cents per share in the second quarter of 2015, up from 4 cents in the year-ago quarter. Total revenue was at $34.9 million, up 44.9% from the year-ago quarter. The Quarter in Detail Revenues were primarily driven by Amitiza's continued growth in the U.S […]

On Aug 5, we issued an updated research report on HSBC Holdings plc HSBC . Shares of this London-foreign bank have recorded a year-to-date return of 1.4%. We believe this growth story has been aided by HSBC’s extensive global network, restructuring initiatives, cost-saving measures, enhanced capital deployment activities along with strong capital and liquidity position […]

SurModics, Inc. ’s SRDX reported adjusted earnings of 26 cents per share in the third-quarter of fiscal 2015 (ended Jun 30, 2015), surpassing the Zacks Consensus Estimate of 20 cents but falling short of the year-ago figure of 27 cents. Revenues in the quarter increased 8.9% to $15.9 million marginally above the Zacks Consensus Estimate of $15 million. […]

The Kraft Heinz Company KHC is set to report second-quarter 2015 results on Aug 10, after market closes. The company, previously known as H.J. […]

Bank of the Ozarks, Inc. OZRK announced the completion of the deal, which marked the company’s 13th acquisition since Mar 2010, to acquire Bank of the Carolinas – the wholly owned bank subsidiary of Bank of the Carolinas Corporation. About the Transaction The agreement and plan of merger and reorganization signed between both the companies on May 6 this year resulted in the transfer of each issued and outstanding share of Bank of the Carolinas for 0.00313515 of a share of Bank of the Ozarks stock. […]

Viacom Inc. VIAB declared third-quarter fiscal 2015 financial results wherein both the top and the bottom line lagged the Zacks Consensus Estimate. Lack of hit movie releases coupled with a decline in domestic advertising revenues resulted in the disappointing performance […]

Internet search giant Google Inc. GOOGL has announced the expansion of its high-speed Internet service through its fiber-optic network to San Antonio, TX. Google will start building the infrastructure required to connect San Antonio to the network in the coming months […]

Intercept Pharmaceuticals, Inc. ICPT posted a loss of $1.99 per share, wider than the Zacks Consensus Estimate of a loss of $1.94. […]

Despite the negative action by A.M.Best, shares of Partner Re Ltd. PRE fell by a mere 0.01% in yesterday’s trading session. […]

Aegerion Pharmaceuticals, Inc. AEGR reported second-quarter 2015 net loss per share of 2 cents, much narrower than both the Zacks Consensus Estimate of a loss of 27 cents and the year-ago loss of 33 cents. In the reported quarter, net product sales were at $64.2 million, up 78.3% year over year and well above the Zacks Consensus Estimate of $58 million. […]

Leading security software firm VASCO Data Security International Inc. VDSI won another contract with Sumitomo Mitsui Banking Corporation, which has decided to offer a highly-secure mobile banking solution, developed with Vasco's Digipass for Apps, to its online retail banking customers. […]

Shares of Avnet Inc. AVT were up 5.9% on Aug 5, following better-than-expected fiscal fourth-quarter 2015 results. The company reported fourth-quarter 2015 adjusted earnings of $1.16 per share, which surpassed the Zacks Consensus Estimate of $1.07 per share. […]

Osiris Therapeutics, Inc. OSIR reported second-quarter 2015 earnings of 3 cents per share, well above the year-ago loss of 4 cents per share. Total revenues in the quarter shot up 78.2% year over year to $23.7 million. […]

Markets experienced further losses this week as intervention measures taken by the government proved to be inadequate. Stocks declined on Monday following disappointing data on manufacturing which once again hinted at an economic slowdown. The Shanghai Composite staged a strong comeback on Tuesday after certain brokerages stopped short-selling activities. […]

Ironwood Pharmaceuticals, Inc. IRWD reported a loss of 34 cents per share in the second quarter of 2015, much wider than the Zacks Consensus Estimate of a loss of 23 cents but narrower than the year-ago loss of 44 cents. Revenues in the quarter came in at $27.7 million, up substantially (305.6%) from the year-ago quarter but falling significantly short of the Zacks Consensus Estimate of $38.3 million […]

Shares of Michael Kors Holdings Ltd. KORS are trading up 7% in the pre-market session after the company reported better-than-expected first-quarter fiscal 2016 results. The luxury lifestyle retailer reported earnings per share of 87 cents and net sales of $947.3 million which topped the Zacks Consensus Estimate of 75 cents and $943 million, respectively […]