Month: January 2018

Liquidity is an important yardstick that indicates a company’s capability to meet debt obligations by converting assets into cash. Investors seeking solid returns may invest in companies that boast a favorable liquidity position. […]

Two major developments dominated market proceedings on Wednesday. On the one hand, tech stocks suffered losses, with chip stocks in particular bearing the brunt. Meanwhile, a nationalist stance on trade and the dollar emerged in Davos through statements of key members of the Trump administration […]

Ameriprise Financial Inc. ’s AMP fourth-quarter 2017 adjusted operating earnings per share of $3.26 comfortably surpassed the Zacks Consensus Estimate of $3.09. Also, the figure compares favourably with $2.73 per share registered in the year-ago quarter. […]

Cleveland-Cliffs Inc. CLF reported net income of $318 million or $1.05 per share in fourth-quarter 2017, a nearly four-fold jump from $81 million or 34 cents recorded in the prior-year quarter. […]

Lincoln National Corp. LNC is scheduled to report fourth-quarter results on Jan 31, after market close. […]

Fourth-quarter 2017 earnings season is in full swing. A number of companies from different sectors have already reported results. […]

Biogen Inc. BIIB reported fourth-quarter 2017 earnings per share of $5.26, which missed the Zacks Consensus Estimate of $5.44 by 3.3%. […]

In a bid to reach customers more easily and meet their changing trends throughout Southeast Asia, Archer Daniels Midland Company ADM has opened a new innovation center at Biopolis Research Hub in Singapore. This 8,900 square feet facility is likely to provide cutting-edge flavor, and ingredient creation, application, development and customer innovation. […]

Alaska Air Group, Inc. ALK reported fourth-quarter 2017 earnings (excluding $2.14 from non-recurring items) of 83 cents, meeting the Zacks Consensus Estimate. […]

Alliance Data Systems Corporation ’s ADS operating earnings of $5.24 per share in the fourth quarter of 2017 surpassed the Zacks Consensus Estimate of $5.00. The bottom line improved 12.2% year over year. Card Service and LoyaltyOne segment posted solid results. […]

Vertex Pharmaceuticals, Inc. VRTX shares are up 70.1% in the past year, comparing favorably with an increase of 9.6% for the industry . […]

McDonald's Corp. MCD is set to report its fourth-quarter 2017 numbers on Jan 30, before the bell. Last quarter, the company pulled off a positive earnings surprise of 0.57%. […]

Aflac Inc. ’s AFL fourth-quarter results, scheduled for Jan 31, are expected to benefit from increased revenues from its U.S. segment. […]

F5 Networks Inc. FFIV reported first-quarter fiscal 2018 non-GAAP earnings per share (excluding amortization of intangible assets, stock-based compensation and other one-time items) of $2.26, surpassing the Zacks Consensus Estimate of $2.04 per share as well as the guidance of $2.02-$2.05. Furthermore, earnings improved from $1.98 per share reported in the year-ago quarter […]

Celgene Corporation CELG reported encouraging fourth-quarter 2017 results wherein both earnings and sales topped expectations. The company reported adjusted earnings of $2.00 per share which beat the Zacks Consensus Estimate of $1.95, up from $1.61 in the year-ago quarter. Total revenues grew 16.7% to $3.48 billion in the quarter and beat the Zacks Consensus Estimate of $3.47 billion. […]

American Electric Power Co., Inc . AEP reported fourth-quarter 2017 operating earnings per share (EPS) of 85 cents, exceeding the Zacks Consensus Estimate of 81 cents by 4.9%. The bottom line also improved 4.9% from 67 cents per share reported a year ago. […]

Freeport-McMoRan Inc. FCX reported net income (attributable to common stock) of 71 cents per share for fourth-quarter 2017 compared with 21 cents recorded a year ago. […]

Patterson-UTI Energy, Inc. PTEN shares declined more than 2% in the wake of an explosion in a well in Quinton, OK, owned by Red Mountain Energy. The tragedy, one of the deadliest oil and gas related accidents in the last few years, occurred at one of Patterson-UTI's APEX 1500 rigs […]