Stock Analysts

Geron Q2 Loss Narrower-than-Expected, Imetelstat in Focus

Geron Corporation GERN reported a loss of 5 cents per share in the second quarter of 2015, unchanged from the year-ago period but narrower than the Zacks Consensus Estimate of a loss of 6 cents per share. Total revenues declined 26.4% to $0.3 million in the second quarter of 2015. Revenues consisted entirely of license fees and royalties. […]

Stock Analysts

Leucadia’s (LUK) Q2 Earnings and Revenues Decline Y/Y

Leucadia National Corporation LUK reported year-over-year decline in bottom line for second-quarter 2015. Earnings from continuing operations came in at 4 cents per share, down from 18 cents earned in the year-ago quarter. The weak earnings performance was triggered by a decline in revenues and increase in costs and expenses […]

Stock Analysts

Jack in the Box (JACK) Tops Q3 Earnings on Solid Revenues

Jack in the Box Inc. JACK posted better-than-expected third-quarter fiscal 2015 results with both earnings and revenues surpassing the respective Zacks Consensus Estimate. Adjusted earnings of 75 cents per share beat the Zacks Consensus Estimate of 73 cents and increased from the year-ago quarter figure of 65 cents […]

Stock Analysts

Arena Pharmaceuticals 2Q Loss Narrower-Than-Expected

Arena Pharmaceuticals, Inc. ARNA reported a loss of 11 cents per share in the second quarter of 2015, in-line with the year-ago loss but narrower than the Zacks Consensus Estimate of a loss of 14 cents. Total revenues declined 28.3% year over year to $9.2 million, missing the Zacks Consensus Estimate of $13 million. […]

Stock Analysts

CBS Corp (CBS) Q2 Earnings Beat, Revenues Miss Estimates

CBS Corporation CBS delivered yet another quarter of positive earnings surprise in 2015. The company’s second-quarter earnings of 74 cents a share beat the Zacks Consensus Estimate by a couple of cents on the back of strength witnessed across affiliates and subscription fees. The bottom line of this diversified media conglomerate also benefited from share repurchase activity that helped it register 2.8% growth from 72 cents a share earned in the year-ago quarter despite the fall in net income in the reported quarter […]

Stock Analysts

Wendy’s Misses Q2 Earnings, System Optimization On Track

The Wendy’s Company WEN posted mixed second quarter 2015 results with earnings missing the Zacks Consensus Estimate but revenues marginally beating the same. While the company lowered its same-restaurants sales guidance, it increased its EBITDA and restaurant operating margin for 2015. Share price of this restaurateur fell 1.7% on Aug 5. […]

Mergers & Acquisitions

ITE and Messe Frankfurt Join Forces for Comtrans

ITE and Messe Frankfurt Join Forces for Comtrans PR Newswire MOSCOW, August 6, 2015 MOSCOW , August 6, 2015 /PRNewswire/ — Messe Frankfurt is continuing to expand its presence in Russia with the acquisition of a 50 percent stake in Comtrans and Autotrans by its Russian subsidiary Messe Frankfurt RUS. The remaining 50 percent will be assumed by ITE Expo OOO, the Russian subsidiary of the ITE Group. The new Joint Venture organizing company is ITEMF Expo AO […]

Technicals

Michael Kors (KORS) Beats on Q1 Earnings & Revenues – Tale of the Tape

Michael Kors Holdings Limited ( KORS ), a global luxury lifestyle company, came out with first-quarter fiscal 2016 results, wherein earnings of 87 cents per share beat the Zacks Consensus Estimate of 75 cents, and surged from 91 cents in the prior-year quarter. Earnings Estimate Revision: The Zacks Consensus Estimate for fiscal 2016 has been portraying a downtrend in the last 30 days. In the trailing four quarters (including the quarter under review), the company outperformed the Zacks Consensus Estimate by an average of 10%. […]