Mergers & Acquisitions

Avaya Acquires Spoken Communications, a Leading Contact Center as a Service Provider

Avaya Acquires Spoken Communications, a Leading Contact Center as a Service Provider PR Newswire DUBAI, UAE, January 31, 2018 DUBAI , UAE, January 31, 2018 /PRNewswire/ — Avaya Holdings Corp. (NYSE: AVYA), a leading global business communications company announced it has signed a definitive agreement to acquire Spoken Communications (“Spoken”), a leading innovator in Contact Center as a Service (CCaaS) solutions for enterprise customers and a provider of transformative real-time customer experience management applications built on conversational artificial intelligence. The transaction, which includes over 170 patents and patent applications, will be funded by cash on hand. […]

Stock Analysts

Fujifilm (FUJIY) Beats on Q3 Earnings, Raises FY18 EPS View

Fujifilm Holdings Corporation FUJIY reported mixed third-quarter fiscal 2018 (ended Dec 31, 2017) results. Inside the Headlines Net income for the quarter came in at ¥53.6 billion ($474.9 million), up 20.9% year over year. Quarterly earnings per American Depositary Receipt (“ADR”) came in at $1.08 per share, up 21.3% year over year. […]

Stock Analysts

Xerox (XRX) Surpasses Q4 Earnings and Revenue Estimates

Xerox Corporation XRX reported year-over-year growth in revenues and adjusted earnings per share in fourth-quarter 2017 by reprioritizing investments and accelerating its restructuring actions. Quarter Details Adjusted earnings from continuing operations were $274 million or $1.04 per share in the reported quarter compared with $264 million or $1.00 per share in the year-earlier quarter. Adjusted earnings comfortably beat the Zacks Consensus Estimate of 94 cents. […]

Stock Analysts

Buy 5 Railroad Operators With Strong Growth Potential

The diversified transportation sector, which includes airline companies, railroads, truckers and shippers, to name a few, recovered in the last quarter of 2017 after struggling for most of the year. An improving U.S. economy, substantial surge in manufactured and retail goods, and a sharp rebound in a number of end markets are expected to fuel growth of the transportation sector. […]

Stock Analysts

Electronic Arts (EA) Q3 Earnings Top, Battlefront 2 Hurts

Electronic Arts EA reported third-quarter fiscal 2018 results, wherein the company’s non-GAAP earnings of $2.22 per share beat the Zacks Consensus Estimate of $2.18 but declined nearly 14% from the year-ago quarter. Underperformance of Star Wars Battlefront 2 compared to Battlefield 1 launched in the year-ago quarter was a dampener. Net bookings came in at $1.97 billion, down 4.8% year over year. […]

Stock Analysts

Equity Residential (EQR) Q4 FFO Beats on Solid NOI Growth

Equity Residential EQR reported fourth-quarter 2017 normalized funds from operations (FFO) per share of 83 cents, beating the Zacks Consensus Estimate of 81 cents. The figure also came in higher than 79 cents reported in the year-ago quarter. Results mirror enhanced same-store net operating income (NOI) and lease-up NOI […]

Stock Analysts

Ericsson’s (ERIC) Q4 Marks Fifth Straight Quarter of Loss

In fourth-quarter 2017, Ericsson ’s ERIC losses widened sharply year over year. The bottom line was dragged down by restructuring expenses and provisions as the company struggled in the face of challenging market conditions and a major strategic shake-up. The wireless communications gear maker lost money for the fifth straight quarter, as it posted non-IFRS loss of SEK 1.19 (1.4 cents) per share (excluding amortizations, write-downs of acquired intangible assets and restructuring charges). […]

Technicals

Thomson Reuters (TRI) Catches Eye: Stock Jumps 7.1%

Thomson Reuters Corporation TRI was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $43.28 to $44.24 in the past one month time frame […]