Month: August 2015

DISH Network Corp. DISH declared strong financial results in the second quarter of 2015 wherein both the top and the bottom line outpaced the Zacks Consensus Estimate. Quarterly net income came in at $324.4 million or 70 cents per share compared with $213.3 million or 46 cents in the year-ago quarter […]

American Financial Group, Inc. AFG reported second-quarter 2015 net operating earnings per share of $1.28 outperforming the Zacks Consensus Estimate of $1.21 by 5.8%. […]

Netflix, Inc. NFLX recently declared that it would begin streaming services in Japan from Sep 2. […]

Global networking solutions company Skyworks Solutions, Inc SWKS recently announced that it will exclusively provide RF content to empower the next generation 802.11ac Wave 2 devices of D-Link. The Wave 2 devices support Multi-User Multiple Input Multiple Output (MU-MIMO) chip, which is expected to deliver remarkable improvement in wireless multi-media streaming. The new 802.11ac offerings help customers to meet the growing consumer demand to stream faster HD content between devices and simultaneously connect more wireless devices to home and enterprise networks […]

Backed by the effective implementation of its core strategic initiatives, Ralph Lauren Corporation ’s RL adjusted earnings of $1.09 per share for the first quarter of fiscal 2016 surpassed the Zacks Consensus Estimate of $1.00. However, the bottom line plunged 39.4% year over year. Ralph Lauren Corporation – Earnings Surprise | FindTheBest On a reported basis, earnings came in at 73 cents a share, compared with $1.80 recorded in the year-ago period. […]

Apple Inc. AAPL has been witnessing a downtrend recently. Its shares declined nearly 3.7% in Tuesday’s trading and were 15% below its all time high of $134.54 set in April this year […]

Allstate Corporation ALL shares plunged 9.8% in the two trading sessions following the release of its second-quarter earnings, which missed the Zacks Consensus Estimate widely by 33%. The property and casualty insurer with a market capital of $25.5 billion, suffered on account of high claims on auto policies. Elevated auto claims left Allstate’s core property and liability business to suffer an underwriting loss of $10 million. […]

The U.S. District Judge Naomi Reice Buchwald said on Tuesday that she has found a “viable legal theory” that can potentially bring relief to 27 investors who filed individual lawsuits against global banks for allegedly rigging LIBOR. […]

Horizon Pharma HZNP is scheduled to report second-quarter 2015 results before the opening bell on Aug 7. Last quarter, the company had posted a negative earnings surprise of 27.27%. Let’s see how things are shaping up for this announcement. […]

New York-based Consolidated Edison, Inc. ED is set to release second-quarter 2015 results after the closing bell on Aug 6, 2015. […]

Motorola Solutions Inc. ’s MSI second-quarter 2015 earnings per share (including stock-based compensation expense) of 62 cents comfortably beat the Zacks Consensus Estimate of 48 cents. Earnings improved 55% from the year-ago figure. […]

Alibaba Group BABA , the world’s largest e-Commerce company, has a new president — Michael Evans. Does the name sound familiar? May be, as he happens to be a former Olympic rowing gold medalist […]

Intercontinental Exchange Inc. ICE posted second-quarter 2015 operating earnings per share of $2.90, which outpaced the Zacks Consensus Estimate of $2.77, thereby bringing the trailing four-quarter average beat to 3.9%. Meanwhile, results outperformed the year-ago quarter figure by about 27% […]

Comcast Corp. CMCSA , a leading cable MSO (multi service operator) and media and entertainment firm, is focusing heavily on its theme park business for future growth. […]

Oil and gas pipeline operator ONEOK Partners, L.P. OKS reported second-quarter 2015 earnings of 44 cents per unit, surpassing the Zacks Consensus Estimate of 35 cents by 25.7%. However, quarterly earnings tumbled 18.5% from the year-ago level of 54 cents […]

CF Industries Holdings, Inc. CF recently declared that it has completed the acquisition of the remaining 50% equity interest in GrowHow UK Limited from Yara International ASA YARIY for $580 million in cash. UK-based fertilizer manufacturer, GrowHow owns and operates nitrogen production facilities in Ince and Billingham, UK […]

Shire SHPG has issued a press release confirming its proposal (made on Jul 10, 2015) to acquire Baxalta Inc. BXLT in an all-stock transaction of approximately $30 billion. […]

Ventas Inc. VTR has finally closed the Ardent Health Services (AHS) transaction. […]

Trimble Navigation ’s TRMB second-quarter 2015 earnings of 25 cents beat the Zacks Consensus Estimate by a penny. Also, earnings were up 4.2% sequentially but down 40.5% from the year-ago quarter. […]