Mergers & Acquisitions

Flynn Restaurant Group Acquires 47 Panera Bakery Cafes, Plants "Third Flag" in Fast Casual Segment

Flynn Restaurant Group Acquires 47 Panera Bakery Cafes, Plants “Third Flag” in Fast Casual Segment With 729 Restaurants and $1.7 Billion in Sales, Flynn Restaurant Group enhances its position as the largest US Restaurant Franchise Group PR Newswire SAN FRANCISCO, Nov. 3, 2015 SAN FRANCISCO , Nov. 3, 2015 /PRNewswire/ — Flynn Restaurant Group LP (FRG), the largest restaurant franchise group in the US, today announced that it has purchased 47 Panera Bakery Cafes in the San Francisco Bay Area , Sacramento area and Washington State […]

Stock Analysts

Avis (CAR) Falls on Q3 Earnings, Sales Miss & Trimmed View

Shares of Avis Budget Group Inc. CAR fell 8.6% in the after-market session following the company’s announcement of third-quarter 2015 results, wherein both the top and bottom lines lagged expectations. Despite facing unfavorable currency fluctuations, quarterly earnings of this Zacks Rank #2 (Buy) stock jumped 3.7% year over year to $1.98 per share, backed by lower per-unit fleet costs, acquisition-related gains and robust European demand in summer. […]

Stock Analysts

General Growth Tops Q3 FFO, Lags Revenues, Ups Dividend

General Growth Properties Inc. ’s GGP third-quarter 2015 funds from operations (“FFO”) per share of 36 cents came in a penny ahead of the Zacks Consensus Estimate and 3 cents above the year-ago quarter figure. Results were backed by a 5.1% increase in comparable net operating income (“NOI”). […]

Stock Analysts

Allstate Q3 Earnings Beat on Strong Homeowners Business

Allstate Corporation ALL reported third-quarter 2015 operating earnings per share of $1.52 per share, comfortably beating the Zacks Consensus Estimate of $1.32. Also, reported earnings were up 9.3% on a year-over-year basis. The Allstate Corporation (ALL) – Earnings Surprise | FindTheCompany Earnings reflected superior performance at the company’s homeowners business along with lower catastrophe loss. […]

Stock Analysts

Pioneer Natural Posts Narrower-than-Expected Loss in Q3

Pioneer Natural Resources Company PXD reported third-quarter 2015 adjusted loss of 1 cent per share, narrower than the Zacks Consensus Estimate of a loss of 7 cents. Pioneer Natural Resources Company (PXD) – Earnings Surprise | FindTheCompany However, the bottom line compared unfavourably with the year-earlier adjusted income of $1.35 per share. […]

Technicals

McGraw Hill (MHFI) Beats Q3 Earnings Estimates, Up Y/Y

McGraw Hill Financial, Inc. MHFI , a leader among rating providers, benchmark providers and analytics, came out with third-quarter 2015 results, wherein adjusted earnings from continuing operations of $1.19 per share beat the Zacks Consensus Estimate of $1.08, and surged 16% from the year-ago quarter. Management now projects 2015 earnings in the band of $4.45 to $4.50 per share. […]

Technicals

Why Summit Midstream Partners (SMLP) Could Be Positioned for a Surge?

Summit Midstream Partners, LP SMLP is a company in the Oil & Gas Pipelines space that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well. These positive earnings estimate revisions suggest that analysts are becoming more optimistic on SMLP’s earnings for the coming quarter and year […]

Technicals

Hyatt (H) Beats Q3 Earnings and Revenues

Hyatt Hotels Corporation H is a leading global hospitality company and operates under a number of leading brands. The company has a significant presence in major hospitality markets across the world. The company has an industry-leading guest loyalty program — Hyatt Gold Passport program — which serves over 18 million members worldwide […]

Technicals

Fidelity National (FIS) Misses Q3 Earnings, Revenues

Fidelity National Information Services, Inc. FIS is a leading provider of banking and payments technology solutions, processing services and information-based services to the financial services industry. The company came into existence following the merger with Certegy Inc., a provider of credit card, debit card, other transaction processing and check risk management services to financial institutions in 2006. […]

Technicals

Vulcan Materials Company in line Earnings, Beats Revenue

Vulcan Materials Company VMC is the largest producer of construction aggregates in the U.S. The company has been witnessing strong aggregates demand onward backed by increase in private construction demand — both residential and non-residential. However, severe wet weather disrupted Vulcan Materials’ shipments in the first half of 2015, particularly in the second quarter […]

Technicals

New Strong Buy Stocks for November 3rd

Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) list today: Acuity Brands, Inc. ( AYI ) Aspen Insurance Holdings Limited ( AHL ) Baxalta Inc ( BXLT ) H & R Block Inc ( HRB ) Bottomline Technologies ( EPAY ) View the entire Zacks Rank #1 List . […]