Month: February 2018

On Feb 2, 2018, shares of Mazor Robotics Ltd. MZOR reached a new 52-week high of $69.37, closing the session a tad lower at $64.72. […]

Hess Corporation HES reported adjusted fourth-quarter 2017 loss from continuing operations of $1.01 per share, wider than the Zacks Consensus Estimate of a loss of 90 cents, thanks to lower oil equivalent production. The bottom line was flat year over year. Following the release, the stock lost almost 4% in pre-market trading hours. […]

Bristol-Myers Squibb Company ’s BMY fourth-quarter 2017 earnings of 68 cents per share beat the Zacks Consensus Estimate of 67 cents and came ahead of the year-ago quarter earnings of 63 cents. Moreover, total revenues of $5.45 billion surpassed the Zacks Consensus Estimate of $5.31 billion and increased from $5.24 billion recorded in the year-ago period. Strong sales of Opdivo and Eliquis contributed to the top line in the reported quarter. […]

Applied Industrial Technologies, Inc. AIT , on Feb 1, announced that it has completed the acquisition of FCX Performance, Inc. […]

Yelp Inc . YELP is set to report fourth-quarter 2017 results on Feb 7. […]

iRobot Corporation IRBT is scheduled to report fourth-quarter 2017 results after the market closes on Feb 7. iRobot delivered a positive average earnings surprise of 92.50%, over the preceding four quarters. Notably, its earnings in third-quarter fiscal 2017 came in at 60 cents, beating the Zacks Consensus Estimate of 44 cents. […]

Cognizant Technology Solutions Corp CTSH is set to report fourth-quarter 2017 results on Feb 7. In the trailing four quarters, the company’s earnings have beat the Zacks Consensus Estimate on three occasions, delivering an average positive surprise of 1.91%. Last quarter, Cognizant delivered a positive earnings surprise of 3.16%. […]

Tapestry, Inc. TPR , formerly known as Coach, Inc., is slated to release second-quarter fiscal 2018 results on Feb 6. In the trailing four quarters, this house of lifestyle brands as well as designer and marketer of fine accessories and gifts, has outperformed the Zacks Consensus Estimate by an average of 6.5% […]

CBRE Group, Inc. CBG is slated to report fourth-quarter and full-year 2017 results on Feb 8, before the market opens. […]

Issues related to past misconducts continue for Wall Street biggie Wells Fargo WFC . On Friday, Federal Reserve chairperson — Janet Yellen — punished the lender with new sanctions for the recently-revealed malpractices and fake accounts scandal which came into the limelight in September 2016. The Federal Reserve has ordered the bank to replace four board directors and also not increase its assets position beyond $1.95 trillion (as of Dec 31, 2017). […]

Teva Pharmaceutical Industries Ltd. TEVA will report fourth-quarter and full-year 2017 earnings on Feb 8, before the market opens. […]

Mitsubishi UFJ Financial Group Inc. MTU reported profits attributable to owners of parent for the nine-month period (ended Dec 31) of fiscal year ended Mar 31, 2018, of ¥863.4 billion ($7.7 billion), up 9.7% year over year. For the period under review, increased gross profits and low credit costs drove the results, while elevated general & administrative expenses and decline in net interest income acted as headwinds. […]

The Goodyear Tire & Rubber Company GT is scheduled to report fourth-quarter and fiscal 2017 earnings numbers on Feb 8 before the market opens. Last quarter, the tire manufacturer witnessed a positive surprise of 6%. Of the trailing four quarters, the company surpassed estimates in three and missed in one with an average beat of 7.5%. […]

The fourth-quarter earnings season has taken center stage, with 251 S&P 500 members having reported their numbers. The season has turned out to be favorable so far, especially on the revenue front. […]