The Q4 earnings season is in full swing with the quarterly numbers of several companies already on board. The picture to have emerged so far for top- and bottom-line growth, is an extremely a healthy one. In fact, the Q4 earnings season is poised to be the second successive reporting cycle to witness earnings growth […]
We are getting into the thick of the Q4 earnings season with 170 of the S&P 500 members (as of Jan 27) having already reported their results. Per the latest Earnings Preview , total earnings for these 170 index members were up 6.0% from the year-ago quarter on a 3.1% improvement in revenues. […]
Waddell & Reed Financial Inc. WDR reported fourth-quarter 2016 adjusted earnings of 48 cents per share, easily surpassing the Zacks Consensus Estimate of 41 cents. However, it compared unfavorably with the year-ago earnings of 76 cents […]
Keeping its positive earnings surprise trend alive for the fifth straight quarter, Fortune Brands Home & Security Inc. FBHS posted better-than-expected earnings results for fourth-quarter 2016. […]
Eversource Energy ES is expected to report fourth-quarter 2016 results on Feb 2. Last quarter, the company reported a positive earnings surprise of 3.75%. Let’s see how things are shaping up for this announcement […]
Weyerhaeuser Company WY is scheduled to report fourth-quarter 2016 results on Feb 3, before the market opens. The company posted better-than-expected results in two of the last four quarters, lagged estimates in one and posted in-line results in one. […]
Arconic Inc. ARNC logged a net loss, as reported, of $1.2 billion or $2.88 per share for the fourth quarter of 2016. […]
ONEOK Announces Agreement to Acquire Remaining Public Stake in ONEOK Partners in a Transaction Valued at $17.2 Billion ONEOK Will Host a Conference Call Today at 8:30 a.m. ET to Discuss the Transaction and 2017 Financial Guidance ONEOK expects: – A dividend increase of 21 percent to 74.5 cents per share, or $2.98 on an annualized basis, with dividend growth of 9 to 11 percent annually thereafter through 2021; – Annual dividend coverage greater than 1.2 times; – The transaction to be immediately accretive, and then double-digit accretive to ONEOK’s distributable cash flow (DCF) in all years from 2018 through 2021; – No cash income taxes through at least 2021; and – ONEOK Partners’ unitholders to benefit from lower cost of funding with elimination of incentive distribution rights, improved capital markets access and enhanced dividend growth. PR Newswire TULSA, Okla., Feb. […]
Leading Dating App Woo Acquires DUS to Bridge the Indian Diaspora PR Newswire LOS ANGELES and NEW DELHI, February 1, 2017 LOS ANGELES and NEW DELHI , February 1, 2017 /PRNewswire/ — – Top Grossing Indian D ating App Woo F orays to the US, UK and Canada W ith the A cquisition of D US – Looks to B uild a B ridge for the I ndian C ommunity all O ver the W orld W ith N ew F eatures and C ommunity Outreach Leading dating app Woo forges ahead in the online dating space by acquiring DUS, a Los Angeles -based dating app focused on the South Asian community. The move will further strengthen its positioning by connecting Indians all over the world. […]
Global PolyAd Services Acquired By ALTANA of Germany PR Newswire ST. LOUIS, Feb. 1, 2017 ST. […]
Stoneridge Acquires Strategic Technology Partner Orlaco Transaction expected to be accretive in 2017 PR Newswire NOVI, Mich., Feb. 1, 2017 NOVI, Mich. , Feb […]
Eversheds Sutherland Launches Globally Today Eversheds Sutherland, created by the combination of leading law firms, Eversheds, headquartered in the U.K., and Sutherland Asbill & Brennan LLP, based in the U.S., launches globally today under the name Eversheds Sutherland. With more than 2,300 lawyers in 61 offices across 29 countries, Eversheds Sutherland ranks in the top 10 in UK listings and top 40 in U.S. and global listings. […]
ASSA ABLOY Acquires Southeastern Dock & Door in the U.S. ASSA ABLOY has Acquired Southeastern Dock & Door, an Industrial and Commercial Door and Docking Solutions Distributor in South Carolina. PR Newswire STOCKHOLM, Feb 01, 2017 STOCKHOLM , Feb 01, 2017 /PRNewswire/ — “I am very pleased that Southeastern Dock & Door is joining the ASSA ABLOY Group […]
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