Have you been eager to see how Santander Consumer USA Holdings Inc. SC performed in Q3 in comparison with the market expectations? Let’s quickly scan through the key facts from this Texas-based technology-driven consumer finance company’s earnings release this morning: Earnings Decline Santander Consumer came out with earnings per share of 59 cents, down 11% year over year. […]
Fogo de Chao, Inc. FOGO was a big mover last session, as the company saw its shares rise over 6% on the day. […]
Thycotic Acquires Security Analytics Company to Identify Malicious Privileged Behavior Across Systems and Users Cyber Algorithms Data Analytics Technologies Provide Faster Time to Attack Detection PR Newswire WASHINGTON, Nov. 9, 2016 WASHINGTON , Nov. 9, 2016 /PRNewswire/ — Thycotic , a provider of privileged account management (PAM) solutions for more than 7,500 organizations worldwide, today announced it has completed the acquisition of Virginia -based Cyber Algorithms, provider of network security analytics. […]
Illumina, Inc. ILMN , a major provider of medical devices, recently launched TruSight Tumor 170 – a 170 gene next-generation sequencing solution for research use only. […]
The Q3 earnings cycle is in its last leg, with approximately 87.1% of the market cap of the S&P 500 index having released quarterly numbers as of Nov 4. Reported results reveal a 3.6% increase in third-quarter earnings on 2.4% higher revenues. About 77 S&P 500 members will report results in the upcoming weeks. […]
Shares of pharmaceutical company, Valeant Pharmaceuticals Inc. VRX fell over 21% after the company reported disappointing third-quarter 2016 results and slashed its sales and earnings outlook for the year. The company’s adjusted earnings per share of $1.55 missed the Zacks Consensus Estimate of $1.78 by 12.9%. […]
With results from 423 S&P 500 members already out, the third-quarter earnings season is coming to a close. According to our latest Earnings Preview report, the scorecard so far has portrayed a much better picture with the third quarter successfully emerging as the first to witness earnings growth after five back-to-back quarters of declines for the S&P 500 index. […]
On Nov 8, 2016, we issued an updated research report on Occidental Petroleum Corporation OXY . Occidental Petroleum has been benefiting substantially from its focus on the core oil and gas operations. […]
Franklin Resources Inc. BEN announced preliminary assets under management (AUM) by its subsidiaries of $723 billion for Oct 2016. This is down roughly 1.4% from $733.3 billion as of Sep 30 and nearly 9.7% below $801.1 billion as of Oct 31, 2015 […]
Twitter TWTR now seems to have different thoughts about the future of Vine, its short video sharing service. A few days back, the company had announced that it will be shutting down the app in the near term. […]
With the Q3 earnings season drawing to a close, results so far have displayed an improvement over the preceding quarters. According to the latest Earnings Preview , 72.8% of the 423 S&P 500 members have posted positive earnings surprises while 55.1% have topped revenue expectations. […]
Cinemark Holdings Inc. CNK reported mixed financial results for the third quarter of 2016 wherein the bottom line beat the Zacks Consensus Estimate while the top line missed the same. […]
According to recent reports, Spanish telecom behemoth Telefonica SA TEF has been downgraded by International credit rating agency, Moody's Investors Service, commonly referred to as Moody's. The downgrade follows Moody's warning that Telefonica needs to reduce its debt by the end of 2016. […]
Investors always look for stocks with low P/E ratios as the measure indicates undervaluation. This ratio is obtained by dividing a stock’s current market price with its historical or estimated earnings. It delivers how much an investor needs to shell out per dollar of earnings. […]
Bethel Homes and Services Acquires Westchester Retirement Community Local senior living organization, Bethel, proudly introduces The Knolls, a Bethel Community PR Newswire WESTCHESTER COUNTY, N.Y., Nov. 9, 2016 WESTCHESTER COUNTY, N.Y. , Nov. […]
Brown Gibbons Lang & Company (BGL) Announces Sale of the Kitchen Division of Focus Products Group to Lifetime Brands PR Newswire CHICAGO and CLEVELAND, Nov. 9, 2016 CHICAGO and CLEVELAND, Nov. […]
Shares of diversified electronics manufacturer Amphenol Corporation APH scaled a new 52-week high of $66.94 on Nov 8, before closing the trading session a notch lower at $66.81 for a healthy year-to-date return of 27.9%. Barring minor hiccups, Amphenol’s share price has steadily been on an uptrend since July. This Zacks Rank #2 (Buy) stock is currently trading at a forward P/E of 24.7x and has a long-term earnings growth expectation of 7.9% […]
The overall earnings scenario has been quite encouraging this season. With most of the companies having already announced their quarterly numbers, this quarter is on track to be the first quarter of positive earnings growth after five consecutive quarters of decline. With key players scheduled to report earnings this week, our latest Earnings Preview now predicts earnings growth of 3% year over year on 1.5% higher revenues. […]
Coca-Cola Bottling Co. Consolidated COKE , one of the largest independent bottlers of The Coca-Cola Company’s KO products, reported adjusted earnings of $2.45 per share in the third quarter of 2016, up 19.5% year over year. Coca-Cola Bottling reported net sales of $849 million, up 37.2% year over year primarily on acquisitions and higher comparable net sales. […]
AK Steel AKS said that it is raising current spot market base prices for all carbon flat-rolled steel products. The company is increasing the prices of these products by a minimum of $30 per ton. The hike is effective immediately with new orders. […]
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