Month: August 2015

Stock Analysts

Loews Earnings Miss in Q2 as Revenues Fall, Expenses Rise

August 3, 2015 0

Loews Corporation L reported second-quarter 2015 operating earnings of 46 cents per share, which missed the Zacks Consensus Estimate of 70 cents. Earnings also deteriorated about 42% year over year. The quarter suffered due to lower earnings at CNA Financial and a less favorable performance by the trading portfolio of the parent company. […]

Stock Analysts

NextEra Energy Surpasses Q2 Earnings, Keeps 2015 View

August 3, 2015 0

NextEra Energy, Inc. NEE announced second-quarter 2015 adjusted earnings of $1.56 per share, beating the Zacks Consensus Estimate of $1.50 by 4%. On a year-over-year basis, earnings climbed 9.1% on the heels of higher revenues from Florida Power & Light Company and NextEra Energy Resources […]

Stock Analysts

Clorox (CLX) Tops Q4 Earnings & Sales, Issues FY16 Outlook

August 3, 2015 0

The Clorox Company CLX ended fiscal 2015 on a spectacular note, as its fourth-quarter top and bottom-line results improved year over year and exceeded expectations. The company’s quarterly earnings of $1.44 per share from continuing operations increased 11% year over year. Excluding the impact of sale of assets, quarterly earnings jumped 6.2% to $1.38 per share […]

Stock Analysts

Marathon Oil (MRO) Q2 Earnings Season: Will It Outperform?

August 3, 2015 0

We expect leading upstream energy firm Marathon Oil Corp. MRO to beat expectations when it reports second-quarter 2015 results after the closing bell on Wednesday, Aug 5. In the preceding three-month period, the Houston, TX-based firm delivered a positive earnings surprise of 19.57% despite the challenging environment posed by the steep drop in commodity prices throughout the quarter. […]

Stock Analysts

PPL Corporation Tops Q2 Earnings but Lags on Revenues

August 3, 2015 0

PPL Corporation PPL reported second-quarter 2015 adjusted earnings of 49 cents per share, surpassing the Zacks Consensus Estimate of 47 cents by 4.3%. Quarterly earnings also increased 11.4% year over year from 44 cents per share due to higher contribution from all segments. On a GAAP basis, the company reported loss per share of $1.13 in the quarter compared with earnings of 34 cents a year ago. […]

Mergers & Acquisitions

Hubbard Radio Purchases 30% Stake in Podcast Industry Leader PodcastOne

August 3, 2015 0

Hubbard Radio Purchases 30% Stake in Podcast Industry Leader PodcastOne PR Newswire LOS ANGELES, Aug. 3, 2015 LOS ANGELES , Aug. 3, 2015 /PRNewswire/ — PodcastOne, the nation’s largest advertiser-supported podcast network, and iconic broadcast company Hubbard Radio, have reached an equity agreement in which Hubbard Radio acquires 30% of the on-demand digital-audio leader, it was announced today by PodcastOne Chairman and CEO Norm Pattiz , and Hubbard Radio Chair and CEO Ginny Morris […]

Mergers & Acquisitions

Tishman Speyer acquires Quartier 205 in Berlin

August 3, 2015 0

Tishman Speyer acquires Quartier 205 in Berlin PR Newswire BERLIN, Aug. 3, 2015 BERLIN , Aug. 3, 2015 /PRNewswire/ — Tishman Speyer, one of the world’s leading developers, owners, operators and asset managers of first-class real estate, today announced it has acquired the iconic Quartier 205 (The Q) in Berlin for its European Core Fund. […]