Equinix Inc. EQIX posted better-than-expected third-quarter 2017 results, wherein both the top and bottom line surpassed the Zacks Consensus Estimate and increased from the year-ago quarter. The company’s adjusted funds from operations (AFFO) increased from $3.95 per share reported in the year-ago quarter to $4.97 per share […]
Murphy Oil Corporation MUR reported third-quarter 2017 loss of 3 cents per share, narrower than the Zacks Consensus Estimate loss of 14 cents. Further, the number was significantly better than the year-ago quarter’s loss of 18 cents. […]
Prudential Financial, Inc. ’s PRU third-quarter 2017 operating income of $3.01 per share beat the Zacks Consensus Estimate of $2.71 by 11.1%. The bottom line also improved about 13.2% year over year. […]
Occidental Petroleum Corporation OXY reported third-quarter 2017 earnings of 18 cents per share, beating the Zacks Consensus Estimate of 11 cents by 63.6%. In the year-ago quarter, the company had posted a loss of 15 cents. Total Revenue s Occidental Petroleum's total revenues came in at $3,105 million, missing the Zacks Consensus Estimate of $3,146 million […]
International Flavors & Fragrances Inc. IFF is scheduled to report third-quarter 2017 results on Nov 6, after market close. […]
Sentinel Capital Partners Acquires Nekoosa FIRM ADDS SPECIALTY ENGINEERED MATERIALS MANUFACTURER PR Newswire NEW YORK, Nov. 2, 2017 NEW YORK , Nov. 2, 2017 /PRNewswire/ — Sentinel Capital Partners, a private equity firm that invests in promising companies at the lower end of the middle market, today announced the acquisition of Nekoosa , a leading manufacturer of specialty paper and film products used in the graphics and commercial print markets […]
Have you been eager to see how Royal Dutch Shell plc RDS.A – Europe’s largest oil company – performed in Q3 in comparison with the market expectations? Let’s quickly scan through the key facts from this Hague, Netherlands-based behemoth’s earnings release this morning: About Royal Dutch Shell: Royal Dutch Shell owns one of the largest integrated oil and gas businesses in the world. The group has operations all over the world and is involved in various activities related to oil and natural gas, chemicals, power generation, renewable energy resources, and other energy related businesses […]
Willis Towers Watson Public Limited Company WLTW is a leading global advisory, broking and solutions company. The company caters to large companies and mid-market and small businesses across the world. […]
Ball Corporation BLL is one of the world’s leading suppliers of metal packaging to the beverage, food, personal care and household products industries. It also supplies aerospace and other technologies and services to government and commercial customers. […]
Have you been eager to see how Cigna Corp. CI performed in Q3 in comparison with the market expectations? Let’s quickly scan through the key facts from this multi-line insurance company’s earnings release this morning […]
Newell Brands Inc. NWL came out with third-quarter 2017 results, wherein normalized earnings of 86 cents fell short of the Zacks Consensus Estimate of 92 cents. However, bottom line improved 10.3% year-over-year. […]
Genuine Parts Company Completes Acquisition Of Europe’s Alliance Automotive Group PR Newswire ATLANTA, Nov. 2, 2017 ATLANTA , Nov. 2, 2017 /PRNewswire/ — Genuine Parts Company (NYSE: GPC) announced today that it has completed the purchase of Alliance Automotive Group (AAG) for a total purchase price of approximately $2 billion (US$), including the repayment of AAG’s outstanding debt, effective today. […]
Pinnacle West Capital Corporation PNW is scheduled to release third-quarter 2017 financial results before the market opens on Nov 3. Last quarter, this electricity provider reported a positive earnings surprise of 28.45%. […]
Mallinckrodt To Acquire Ocera Therapeutics And OCR-002, Its Proprietary Therapy In Development For Treatment Of Hepatic Encephalopathy — Mallinckrodt to commence cash tender offer to purchase Ocera Therapeutics for $1.52 per share, plus Contingent Value Right — — Hepatic encephalopathy (HE) is a neuropsychiatric syndrome associated with hyperammonemia (excess ammonia in the blood) that occurs as complications of liver disease, such as cirrhosis — — Roughly 200,000 U.S. hospitalizations result from acute HE each year; approximately 1.5 to 2 million patients are at risk of recurrent HE — — Average of $30,000-$60,000 per hospital stay; total acute and recurrent HE market potential opportunity of $5.0-$7.0 billion — — If approved, OCR-002 is expected to become the first intravenous pharmacologic option indicated for treatment of acute HE in the U.S.; FDA Orphan Drug designation and Fast Track status granted; EMA Orphan Drug designation — — Acquisition further expands Mallinckrodt’s focus on treatments for severe and critical diseases in hepatic and renal conditions; diversifies portfolio pipeline with differentiated, highly durable product which aligns well with company’s terlipressin development asset — — Assuming expected 2017 close, company expects dilution from acquisition to adjusted diluted earnings per share of approximately $0.25 to $0.35 annually beginning in 2018 — PR Newswire STAINES-UPON-THAMES, United Kingdom, and REDWOOD CITY, Calif., Nov. 2, 2017 STAINES-UPON-THAMES, United Kingdom , and REDWOOD CITY, Calif. […]
Encore Wire Corp (WIRE) posted a blowout quarter on 10/31/17 by beating the Zacks Consensus Estimate by $0.39 for a 139% positive earnings surprise. Prior to that report, the stock was a Zacks Rank #5 (Strong Sell) and the purpose of this article is to show why it had that ranking. Description Encore Wire Corporation is a low-cost manufacturer of copper electrical building wire and cable […]
Ichor Holdings (ICHR) is a Zacks Rank #2 (Buy) and is the bull of the day. This article is written the day before it is published on the site and I thought I would lead off with a picture of how the stock is performing as I write this article. […]
GrowthZone AMS Acquires BuilderFusion GrowthZone AMS, leading providers of software and technology solutions for associations, recently announced it has acquired BuilderFusion. PR Newswire NISSWA, Minn., Nov. 1, 2017 NISSWA, Minn. […]
NRG Energy, Inc. NRG will report third-quarter 2017 results before the market opens on Nov 2. Last quarter, this company delivered a positive surprise of 820% […]
The past week in the airline space was mostly about numbers, with several airline companies like American Airlines Group AAL , Southwest Airlines LUV , Spirit Airlines SAVE and Allegiant Travel Company ALGT reporting their respective third-quarter 2017 earnings results. Markedly, the common trend in the quarterly reports of the above-mentioned companies was the year-over-year decline in earnings due to higher costs. Apart from high labor costs, rise in oil prices also hurt the bottom line as fuel-related expenses increased […]
Cadence to Expand High-Speed Communications IP Portfolio with Acquisition of nusemi inc PR Newswire SAN JOSE, Calif., Nov. 1, 2017 SAN JOSE, Calif. , Nov. […]
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