Stock Analysts

Alphabet Employees Protest Against Trump’s Immigration Ban

Protests against Donald Trump’s anti-immigration policy are gaining steam and the technology sector appears to be leading the way. More than 2000 Alphabet Inc. ’s GOOGL Google employees staged protests against Trump’s immigration ban by walking out of eight offices worldwide including the company’s headquarters in Mountain View on Monday […]

Stock Analysts

EP Energy, Wolfcamp Enter into Drilling JV in Permian Basin

Texas-based upstream energy player EP Energy Corporation EPE announced that one of its subsidiaries has teamed up with private equity entity Wolfcamp Drillco Operating L.P. to fund future oil and gas development for EP Energy’s Wolfcamp program in the Permian basin. The joint venture has chalked out a drilling program covering 150 wells, in two installments of 75 wells, in EP Energy’s acreage which includes Reagan and Crockett Counties […]

Stock Analysts

Valero’s (VLO) Q4 Earnings Beat Estimates, Decrease Y/Y

Valero Energy Corporation VLO posted adjusted fourth-quarter 2016 income of 81 cents per share that surpassed the Zacks Consensus Estimate of 74 cents by 9.4%. However, quarterly earnings decreased from the year-ago adjusted earnings of $1.79 per share. FindTheCompany | Graphiq Total revenue for the quarter grew 7.4% year over year to $20,712.0 million from $18,777.0 million. […]

Mergers & Acquisitions

Centerfield Secures $156 Million in Financing And Acquires Performance Marketing Leader Qology Direct

Centerfield Secures $156 Million in Financing And Acquires Performance Marketing Leader Qology Direct Acquisition Creates Leading Front-to-Back End, Technology Driven Customer Acquisition, Retention and Conversion Platform Combined Company Offers A Complete Picture of Customer Intent and a Sales Platform to Drive Major Brands’ Businesses PR Newswire LOS ANGELES, Jan. 31, 2017 LOS ANGELES , Jan. 31, 2017 /PRNewswire/ — Centerfield, a leading digital advertising company that identifies customer intent and executes real time biddable (RTB) media to acquire customers using its proprietary technology, today announced that it is acquiring Qology Direct, a leader in performance based marketing for global brands to acquire and retain customers, with support from $156 million in financing […]

Stock Analysts

Danaher (DHR) Q4 Earnings & Revenues Top, Increase Y/Y

Danaher Corporation DHR reported adjusted earnings of $1.05 a share in fourth-quarter 2016, beating the Zacks Consensus Estimate of $1.03 by 1.9%. Also, adjusted earnings jumped 15.4% on a year-over-year basis. The upside in the company’s bottom line can be attributed to its effective Danaher Business System (“DBS”) that focuses on three critical areas – quality, delivery, and cost & innovation. […]

Stock Analysts

Eli Lilly (LLY) Misses on Q4 Earnings, Beats on Revenues

Eli Lilly and Company ’s LLY fourth-quarter results were mixed with the company beating on revenues but missing earnings expectations. In the past one year, Lilly’s share price was down 4.8%, comparing unfavorably with the 2.5% decrease witnessed by the Zacks classified Large-Cap Pharma industry. Earnings Disappoint Lilly’s fourth-quarter 2016 adjusted earnings per share of 95 cents missed the Zacks Consensus Estimate of 99 cents by 4%. […]

Stock Analysts

Coach (COH) Beats on Q2 Earnings, Revisits Sales Outlook

Despite a tough retail environment, volatility in tourist spending and macroeconomic headwinds, Coach, Inc. COH posted better-than-expected second-quarter fiscal 2017 bottom-line results. The adjusted earnings of 75 cents a share beat the Zacks Consensus Estimate by a couple of cents, thereby resulting in a positive earnings surprise of 2.7% and marking the 12 th straight quarter of earnings beat […]