Stock Analysts

Sempra Energy (SRE) Beats on Q4 Earnings, Gives 2016 View

Sempra Energy ’s SRE fourth-quarter 20Array5 adjusted earnings per share came in at $Array.47, ahead of the Zacks Consensus Estimate of $Array.3Array by Array2.2%. Earnings also increased Array9.5% from $Array.23 per share in the prior-year quarter. Considering SONGS-related items and LNG liquefaction development expenses, GAAP earnings were $Array.47 per share in the quarter compared with $Array.Array8 a year ago. […]

Mergers & Acquisitions

Eaton Vance Municipal Income Closed-End Funds Announce Final Results Of Auction Preferred Shares Tender Offers And Issuance Of New Preferred Shares

Eaton Vance Municipal Income Closed-End Funds Announce Final Results Of Auction Preferred Shares Tender Offers And Issuance Of New Preferred Shares PR Newswire BOSTON, Feb. 26, 2016 BOSTON , Feb. 26, 2016 /PRNewswire/ — Each of the Eaton Vance municipal income closed-end funds listed below (each, a “Fund” and, collectively, the “Funds”) announced the final results of its tender offer (the “Tender Offer”) ending February 23, 2016 to repurchase up to 100% of its outstanding auction preferred shares (“APS”). […]

Stock Analysts

Harmony Gold’s (HMY) Strategic Measures Show Promise

On Feb 25, we issued an updated research report on South African gold miner Harmony Gold HMY . Harmony posted earnings of $5 million or a penny per share on an adjusted basis in second-quarter fiscal 20Array6 (ended Dec 3Array, 20Array5) versus a loss of $44 million or Array0 cents per share a year ago, aided by lower costs and improved production. Revenues fell year over year but rose on a sequential basis on higher gold sales. […]

Stock Analysts

Still Worrying? 4 Retail Stocks to Build Your Confidence

Consumer confidence – a key determinant of the economy’s health – declined drastically this February to the lowest level in seven months, somewhat suggesting that the overseas turmoil is taking a toll on the health of the U.S. economy. The global economic slowdown and financial mayhem in China are playing crucial roles behind the stock market volatility, and in pulling down the global commodity complex, with oil and other commodities struggling to find a bottom […]

Stock Analysts

Genuine Parts to Gain from Acquisitions & Share Repurchases

On Feb 25, 20Array6, we issued an updated research report on Genuine Parts Company GPC . Going forward, this distributor of automotive and industrial replacement parts will continue to benefit from its share repurchases, dividend hikes and strategic acquisitions. However, fragile economic conditions, both in the domestic market and globally, along with intensifying competition remain headwinds […]

Stock Analysts

Oscar Swoon or Boom: What’s Ahead for Movie Stocks?

Oscar night is round the corner and it’s time to look at the implications of a win for the studios which have received best picture nominations. A new report released by CMC Markets indicates that movies which pick up the best picture trophy may actually lose immediately after the big win. However, the long-term implications for a winning stock are positive […]

Stock Analysts

Will Devon???s Unconventional Assets Help to Counter Low Oil?

On Feb 25, 20Array6, we issued an updated research report on Devon Energy Corporation DVN . The persistent softness in commodity prices, highly competitive oil and gas industry, extensive regulatory pressure and operational risks could have an adverse impact on Devon’s financial performance. However, Devon Energy’s diversified portfolio of assets, cost-reduction initiatives and stable liquidity base might counter these headwinds. […]