Month: February 2018

AutoZone, Inc. AZO is slated to report second-quarter fiscal 2018 (ended Feb 10, 2018) results on Feb 27, before the market opens. The company’s earnings grew 6.8% year over year and surpassed the Zacks Consensus Estimate last quarter […]

Key announcements this week included the FDA approval for a second indication of AstraZeneca’s AZN Imfinzi and an acquisition offer by Merck MRK . AbbVie ABBV presented new data on two pipeline candidates and announced an Alzheimer’s deal with a small biotech. Recap of the Week’s Most Important Stories AstraZeneca’s Imfinzi Gains FDA Nod in Second Indication : AstraZeneca’s PD-L1 inhibitor, Imfinzi gained FDA approval for an early-stage lung cancer indication, making it the drug’s second FDA approval […]

More often than not, investors wonder if the high price range has made the stock overpriced. While the apprehensions are not completely groundless, all stocks hitting a 52-week high are not necessarily high-priced. At the same time, a few investors regard the stock as an overpriced one at that level. […]

Herbalife Ltd. HLF delivered fourth-quarter 2017 results, wherein both top and bottom lines increased year over year and topped estimates. Further, management reiterated 2018 outlook, alongside issuing a drab view for the first quarter. […]

Corcept Therapeutics Inc. ’s CORT adjusted fourth-quarter 2017 earnings of 19 cents per share were in line with the Zacks Consensus Estimate. The reported figure improved from the year-ago adjusted earnings of 6 cents […]

Workiva Inc. WK reported fourth-quarter 2017 loss of 19 cents per share, which was narrower than the Zacks Consensus Estimate of a loss of 22 cents. However, the figure was significantly wider than the year-ago quarter’s loss of 9 cents […]

BJ’s Restaurants, Inc. BJRI reported better-than-expected earnings and revenues in fourth-quarter 2017. […]

Valmont Industries, Inc . VMI reported a loss of roughly $3.6 million or 16 cents per share in fourth-quarter 2017, against net earnings of around $70.1 million or $3.10 recorded a year ago. Adjusted earnings for the quarter were $1.67 per share, falling short of the Zacks Consensus Estimate of $1.68. […]

In a bid to expand the media and entertainment business further, Amdocs Limited DOX recently completed the acquisition of a leading provider of digital content services and technology solutions — Vubiquity, Inc. The latest move will benefit Amdocs’ customers and end users globally by adding premium content capabilities such as licensing, processing and delivery to the company’s portfolio. Rationale Behind the Acquisition The move positions Amdocs at the center of growing convergence across the content community and video distributors globally […]