Month: November 2015

Kellogg Company K could not sustain the first-half momentum in the second as the third-quarter sales missed our forecast due to the absence of improved cereal trends. Moreover, currency fluctuations pulled down revenues. Shares of the world’s largest cereal maker declined 3.3% in pre-market trading […]

Expeditors International of Washington Inc. ’s EXPD third-quarter 2015 earnings of 62 cents per share beat the Zacks Consensus Estimate by 3 cents. Earnings improved 17% on a year-over-year basis […]

Goldcorp Inc. ’s GG third-quarter 2015 adjusted loss (excluding one-time items) came in at $37 million or 4 cents per share, as against earnings of $70 million or 9 cents per share in the year-ago quarter. […]

Hilltop Holdings Inc . HTH reported third-quarter 2015 operating earnings per share of 47 cents, outpacing the Zacks Consensus Estimate by 11.9%. Earnings improved 81% year over year […]

Baidu, Inc. BIDU recently reported adjusted third-quarter 2015 earnings of $1.25 per share, which exceeded the Zacks Consensus Estimate of $1.20 backed by higher revenues. Adjusted earnings per share exclude one-time items but include stock-based compensation expense. […]

HCP Inc. HCP – a healthcare real estate investment trust (“REIT”) – reported third-quarter 2015 adjusted funds from operations (“FFO”) per share of 79 cents, a penny ahead of the Zacks Consensus Estimate and 4 cents up year over year. […]

It was a week where oil prices rebounded from a two-month low, while natural gas futures tumbled to levels not seen since Apr 2012. However, with earnings remaining front and center, the major headlines came from Exxon Mobil Corp. XOM and Chevron Corp […]

Community Health Systems Inc. CYH reported third-quarter 2015 adjusted earnings of 56 cents per share, which plunged 44.6% on a year-over-year basis but was on par with the Zacks Consensus Estimate. Community Health Systems Inc […]

Consumers in the U.S. and China seem to be paying little heed to the spate of poor economic data released recently. […]

UBS Group AG UBS reported third-quarter 2015 net profit attributable to shareholders of CHF 2.07 billion ($2.1 billion), significantly up from CHF 762 million ($833 million) in the prior-year quarter. The results were driven by increased net trading income (up 52% year over year), partially offset by lower net interest income (down 1% year over year), and reduced net fee and commission income (down 4% year over year) as well. The reported quarter included a net tax benefit of CHF 1.30 billion ($1.34 billion), net charges for provisions for litigation, regulatory and similar matters of CHF 592 million ($614 million), and net restructuring charges of CHF 298 million ($309 million) […]

Sempra Energy’ s SRE third-quarter 2015 adjusted earnings per share came in at $1.00, ahead of the Zacks Consensus Estimate of 83 cents by 20.5%. Earnings, however, declined 28.6% from $1.39 per share in the prior-year quarter, primarily due to seasonally lower earnings at the company’s subsidiary, Southern California Gas Co. (SoCalGas) […]

While McDonald’s Corporation MCD is known for its hamburgers and fries, Starbucks Corporation SBUX is almost synonymous with coffee and lattes. However, as it stands now, both have entered into each others field of offerings. While Starbucks is selling breakfast and lunch items along with its signature coffee, McDonald’s is strengthening its beverage offerings through McCafes […]