Month: February 2018

Property and casualty insurer Allstate Corp. ALL is expected to release fourth-quarter earnings on Feb 7, after the market closes. Let’s Take a Look at the Factors Influencing Q4 Results Allstate expects to incur a loss of $516 million from the California wildfires. […]

Methanex Corporation MEOH has received an approval from its board of directors for a 10% hike in its quarterly dividend to 33 cents per share from 30 cents per share. The new dividend will be payable on Mar 31, 2018 to shareholders of record as of Mar 17, 2018. The company also intends to initiate a new 10% normal course issuer bid in March 2018, which is the earliest timing allowed under Canadian securities legislation. […]

With 251 S&P 500 members having already reported results, the fourth-quarter cycle is at the halfway mark. Almost 92 S&P 500 members are set to report this week (Feb 5-9). Per the latest Earnings Preview , total earnings for the S&P 500 index are up 13% on a year-over-year basis driven by 7.7% growth in revenues. […]

Take Two Interactive Software Inc TTWO is scheduled to report fiscal third-quarter 2018 results on Feb 7. The company has beaten the Zack Consensus Estimate in all the trailing four quarters, delivering an average positive surprise of 105.10%. Last quarter, the company reported earnings of $1.09, which beat the Zacks Consensus Estimate of 77 cents per share and increased 142.2% from the year-ago quarter […]

CSRA Inc. CSRA is set to report third-quarter fiscal 2018 earnings on Feb 7. […]

Losses on Wall Street and falling bond yields weighed on global markets this week. Investors in Europe continued to receive earnings reports and economic data. Asia’s stocks languished in the red for most of the week with the Nikkei 225 suffering a six-day losing stretch […]

Fourth-quarter earnings have already crossed the halfway mark. As of Feb 2, 251 S&P 500 companies reported results with strong earnings numbers and 92 of them are slated to release this week. Per the latest Earnings Preview , total earnings for the 251 S&P 500 members that have reported results are up 16% year over year on 10.5% higher revenues, with 80.5% beating EPS estimates and 78.1% topping revenue estimates […]

MobileIron Inc. MOBL is set to report fourth-quarter 2017 results on Feb 8, 2018. Notably, the company has beaten the Zacks Consensus Estimate in two of the trailing four quarters, with an average positive surprise of 14.58% […]

Zillow Group Inc. ZG is set to report fourth-quarter 2017 earnings on Feb 8. […]

Celanese Corporation CE has wrapped up its earlier announced buyout of Omni Plastics L.L.C. and its subsidiaries, including the distributor Resinal de Mexico. […]

Air Products and Chemicals Inc. APD has been awarded a new contract to supply industrial gases for Samsung Electronics’ second semiconductor fab in Xi'an, Shaanxi Province, western China. Notably, the Xi'an fabrication line is one of Samsung's largest overseas investments and one of the most advanced fabs in China. […]