Technicals

Canadian Natural Resources (CNQ) Q3 Earnings Lag, Sales Top

Have you been eager to see how oil and gas finder Canadian Natural Resources Limited CNQ performed in Q3 in comparison with the market expectations? Let’s quickly scan through the key facts from this Calgary, Alberta-based company’s earnings release this morning: About Canadian Natural Resources : Canadian Natural Resources is engaged in the acquisition, development and exploitation of crude oil and natural gas properties. It is one of the largest independent exploration and production companies in Canada, with extensive heavy crude oil and natural gas developments. […]

Technicals

Becton (BDX) Tops Q4 Earnings and Revenues Estimates

Based in New Jersey, Becton, Dickinson and Company BDX is a medical technology company engaged principally in the development, manufacture and sale of medical devices, instrument systems and reagents. These products are used by healthcare institutions, life science researchers, clinical laboratories, the pharmaceutical industry and the general public. […]

Technicals

AmerisourceBergen (ABC) Beats on Earnings in Q4, Sales Miss

Chesterbrook, PA-based AmerisourceBergen Corporation ABC is one of the world’s largest pharmaceutical services companies, which focuses on providing drug distribution and related services to reduce healthcare costs and improve patient outcomes. AmerisourceBergen serves healthcare providers and pharmaceutical manufacturers in the pharmaceutical supply channel. The company has been actively pursuing acquisitions to strengthen its core areas and diversify […]

Mergers & Acquisitions

Clayton, Dubilier & Rice to Acquire SunSource

Clayton, Dubilier & Rice to Acquire SunSource SunSource is a Leader in the Fragmented North American Hydraulic and Pneumatic Fluid Power Distribution and Service & Repair Market PR Newswire NEW YORK, Nov. 2, 2017 NEW YORK , Nov. 2, 2017 /PRNewswire/ — Clayton, Dubilier & Rice announced today an agreement under which CD&R-managed funds will acquire a majority stake in SunSource Holdings, Inc., a distributor of hydraulic and pneumatic fluid power products in the U.S. […]

Stock Analysts

Flowserve (FLS) Beats on Q3 Earnings, Guidance Narrowed

Flowserve Corp. FLS reported relatively healthy third-quarter 2017 with GAAP earnings of $47.6 million or 36 cents per share as against a loss of $15.8 million or loss of 12 cents per share in the year-earlier quarter. The year-over-year improvement was primarily attributable to lower operating expenses […]

Stock Analysts

Rexnord (RXN) Tops Q2 Earnings on Solid Sales, Ups FY18 View

Machinery company Rexnord Corporation RXN delivered a positive earnings surprise of 3.2% in second-quarter fiscal 2018 (ended Sep 30, 2017). This marks the fourth consecutive quarter of better-than-expected results. Adjusted earnings in the quarter came in at 32 cents per share, marginally beating the Zacks Consensus Estimate of 31 cents […]