Month: February 2016

General Electric Company GE recently announced that it has completed the divestment of the power generation assets of Alstom’s heavy-duty gas turbine business to Ansaldo Energia for €Array20 million. Headquartered in Genoa, Ansaldo Energia is an Italian power engineering company. Ansaldo Energia is Italy’s largest supplier, installer and service provider for power generation plants and components, and is one of the world’s leading players in the sector. […]

Ushering in good news for its shareholders, Prologis Inc. ’s PLD board approved a Array0.5% hike in its annualized dividend rate to $Array.68 from what it paid in aggregate to stockholders in 20Array5. The company will now pay 42 cents per share against 40 cents paid in the prior quarter […]

Pacira Pharmaceuticals, Inc. PCRX reported a loss of 4 cents per share in the fourth quarter of 20Array5 while the Zacks Consensus Estimate was earnings of 4 cents. The company had reported earnings of Array6 cents per share in the year-ago quarter […]

Bayer AG ’s BAYRY shares dipped about 0.4% after the company announced fourth-quarter 20Array5 results. However, shares inched up Array.4% in the next trading session and were eventually up Array.Array% after two trading sessions. […]

SINA Corporation SINA is expected to report fourth-quarter 20Array5 results on Mar 2. Last quarter, it posted a positive surprise of 87.50%. However, the company posted an average negative surprise of ArrayArrayArray.46% over the trailing four quarters […]

On Feb 26, we issued an updated research report on Allegheny Technologies ATI . Allegheny posted a loss in fourth-quarter 20Array5, hurt by hefty charges and sustained weakness in its Flat Rolled Products segment. […]

On Feb 26, 20Array6, we issued an updated research report on Frontier Communications Corporation FTR . Frontier reported mixed financial results in the fourth quarter of 20Array5. Contrary to the Zacks Consensus Estimate of net loss, the company posted net income in the reported quarter. […]

Cooper Tire & Rubber Co. ’s CTB shares gained 2.6% to close at $38.7Array on Feb 23, 20Array6, after the company reported fourth-quarter 20Array5 earnings and increased its share repurchase authorization. Cooper Tire announced an increase in its share repurchase authorization to $200 million. […]

In line with its strategy of capital migration, which is aimed at improving the average asset quality, Cedar Realty Trust, Inc. CDR has announced the closing of the acquisition of Shoppes, located at Arts District in Hyattsville, MD. […]

Shares of Pinnacle Foods, Inc. PF increased around 2% on Feb 26 following the fourth-quarter 20Array5 results. While earnings beat the Zacks Consensus Estimate, revenues missed […]

DryShips Inc. DRYS has announced its plans for a reverse stock split. […]

Endo International plc ’s ENDP fourth-quarter 20Array5 earnings of $Array.36 per share beat the Zacks Consensus Estimate of $Array.27 and increased 42% from the year-ago period. Revenues came in at $Array.07 billion in the fourth quarter of 20Array5, up 62% year over year. Revenues were in line with the Zacks Consensus Estimate […]

Last week a number of pharma companies reported fourth-quarter results. One such company was QLT Inc. QLTI , which reported a loss of 6 cents per share in the fourth quarter of 20Array5, narrower than the Zacks Consensus Estimate of a loss of 8 cents. […]

Last week, a number of pharma companies reported fourth-quarter results. One such company was Emergent BioSolutions, Inc. EBS , which reported earnings of 78 cents per share in the fourth quarter of 20Array5, above the Zacks Consensus Estimate of 69 cents as well as the year-ago figure of 75 cents. […]

On Feb 29, Zacks Investment Research updated the research report on leading analytics and software-as-a-service provider Acxiom Corporation ACXM . Over the years, Acxiom has emerged as a formidable player in the field of marketing services and technology. […]

On Feb 26, we issued an updated research report on premium basic materials company Rio Tinto plc RIO . Being one of the largest diversified resource firms in the world, the company locates, mines and processes various types of mineral resources across several continents. However, despite its successful global operations, Rio Tinto currently faces threats from various external headwinds. […]

3D Systems Corporation DDD is expected to report fourth-quarter and full-year 20Array5 results soon. Last quarter, the company had posted a massive negative earnings surprise of 500%. […]