Mergers & Acquisitions
Applied-Cleveland Announces Acquisitions Of Encompass And Perennial
Applied-Cleveland Announces Acquisitions Of Encompass And Perennial PR Newswire CLEVELAND, Okla. and HOUSTON, Feb. […]
Month: February 2018
Mergers & Acquisitions
Elevation3D Acquires EFI Las Vegas
Elevation3D Acquires EFI Las Vegas PR Newswire SHREWSBURY, Mass., Feb. 20, 2018 SHREWSBURY, Mass. , Feb […]
Stock Analysts
Walmart’s (WMT) Q4 Earnings Miss Hurts Stock, Comps Up Again
Walmart Inc. WMT posted fourth-quarter fiscal 2018 results, wherein both earnings and revenues improved year over year and the latter also exceeded the Zacks Consensus Estimate. However, Walmart crushed its nine-quarter long trend of posting positive earnings surprise in the quarter […]
Stock Analysts
Will New Products Help GoDaddy (GDDY) Beat on Q4 Earnings?
GoDaddy Inc. GDDY is set to report fourth-quarter 2017 results on Feb 22. Last quarter, the company delivered in-line results, with an average four-quarter positive surprise of 120.8%. […]
Stock Analysts
What’s in Store for DISH Network (DISH) in Q4 Earnings?
DISH Network DISH is slated to report fourth-quarter 2017 results on Feb 21. The Zacks Consensus Estimate for revenues is pegged at $3.54 billion, reflecting year-over-year decline of 4.9%. The consensus estimate for earnings is pegged at 56 cents per share, indicating year-over-year decline of 20% […]
Stock Analysts
Will 2Ku Installations Drive Gogo’s (GOGO) Q4 Earnings?
Gogo Inc. GOGO is set to report fourth-quarter 2017 results on Feb 22. The company has a mixed record of earning surprises in the trailing four quarters with an average positive surprise of 0.01%. […]
Stock Analysts
ExxonMobil (XOM), Total to Expand Capacity at PNG LNG Plant
ExxonMobil Corporation XOM and Total SA TOT have proposed major expansion plans in the Papua New Guinea (PNG) liquefied natural gas (LNG) plant, per their partner Oil Search Ltd. Per the analysts, the expansion plan is aimed to increase gas exports from the PNG LNG plant by two fold to about 16 million tons at a cost of about $13 billion. The plan will include the addition of three LNG units, or trains […]
Stock Analysts
GE is Likely Planning to Sell Industrial Gas Engine Business
Per Reuters, after a series of setbacks in 2017 followed by the gradual fall in earnings and write-down in stock price, General Electric Company GE is planning to divest its industrial gas engine unit for a consideration of $2 billion. Spinning off industrial gas engine business, including Jenbacher and Waukesha engines, will provide an opportunity for GE to streamline its power division whose profit came down 45% in 2017 due to a sharp fall in sale of power plants and services. Amid this background, GE has possibly hired Citigroup Inc. […]
Stock Analysts
Gannett (GCI) Tops on Q4 Earnings, Revenues, Guides for FY18
Gannett Co., Inc. GCI delivered better-than-expected fourth-quarter 2017 results. The diversified media conglomerate posted adjusted quarterly earnings of 55 cents a share that surpassed the Zacks Consensus Estimate of 47 cents and jumped 10% from 50 cents reported in the year-ago quarter. […]
Stock Analysts
Chevron’s (CVX) Kurdistan Operations in Iraq Back Online
Chevron Corporation CVX has recently recommenced operations in the politically disturbed Kurdistan region of Iraq, per Reuters. The company restarted operations at the Sarta 3 block in Kurdistan. The company had to call off operations in the region in October 2017 due to increasing dispute […]
Stock Analysts
Workiva (WK) to Report Q4 Earnings: What’s in the Cards?
Workiva Inc . WK is set to report fourth-quarter 2017 results on Feb 22. Although the company reported loss in each of the trailing four quarters, it surpassed the Zack Consensus Estimate, delivering an average positive earnings surprise of 45.29%. […]
Stock Analysts
America Movil (AMX) Posts Q4 Loss, Revenues Miss Estimates
America Movil S.A.B. AMX , reported disappointing financial results in the fourth quarter of 2017 wherein both the top and bottom line lagged the Zacks Consensus Estimate. Net loss was $596 million, up a whopping 98% year over year […]
Stock Analysts
Edison International (EIX) Q4 Earnings: A Beat in the Cards?
Edison International EIX is scheduled to report fourth-quarter 2017 earnings results on Feb 22, after the closing bell. Last quarter, the company delivered an earnings surprise of 7.52%. It has surpassed the Zacks Consensus Estimate in three of the trailing four quarters, with an average surprise of 9.08% […]
Stock Analysts
Terex (TEX) Poised Well on Segment Growth & Backlog Strength
On Feb 19, we issued an updated research report on Terex Corporation TEX . The company is anticipated to benefit from its focus on strategic priorities and product development. Its disciplined capital allocation strategy, strong backlog and cost-saving initiatives will boost performance […]
Stock Analysts
Why Earnings Beat is Unlikely for Realty Income (O) in Q4?
Realty Income Corp. O is scheduled to report fourth-quarter and 2017 results after the market closes on Feb 21. The company’s funds from operations (FFO) per share are likely to remain stable whereas its revenues are anticipated to witness a rise year over year. […]
Stock Analysts
What to Expect From BioMarin (BMRN) This Earnings Season?
BioMarin Pharmaceutical Inc. BMRN will report fourth-quarter and full-year 2017 results on Feb 22, after market close. BioMarin delivered a positive earnings surprise of 41.67% in the last quarter […]
Technicals
Cooper Tire & Rubber’s (CTB) Q4 Earnings Miss Estimate
Cooper Tire & Rubber Company CTB , engaged in the design, manufacture, marketing and sale of tires, delivered adjusted earnings of 50 cents per share in the fourth quarter of 2017 that missed the Zacks Consensus Estimate of 62 cents. Revenues Cooper Tire recorded net sales of $757 million, missing the Zacks Consensus Estimate of $770 million as well the year ago revenues of $783.9 million. Estimate Trend & Surprise History In third-quarter 2017, Cooper Tire reported positive earnings surprise of 38.8% […]
Mergers & Acquisitions
S&P Global Set to Acquire Panjiva, Inc.
S&P Global Set to Acquire Panjiva, Inc. Global supply chain content provider will enhance S&P Global Market Intelligence’s robust data and analytical offerings PR Newswire NEW YORK, Feb. 20, 2018 NEW YORK , Feb […]
Mergers & Acquisitions
Broadcom is Evaluating its Options Following Qualcomm’s Transfer of Value from Qualcomm Stockholders to NXP Stockholders
Broadcom is Evaluating its Options Following Qualcomm’s Transfer of Value from Qualcomm Stockholders to NXP Stockholders ISS Recommends Qualcomm Stockholders Vote on the BLUE Proxy Card “FOR” Four Broadcom Nominees and States that Qualcomm Should Negotiate with Broadcom Glass Lewis Recommends Qualcomm Stockholders Vote on the BLUE Proxy Card “FOR” All Six Broadcom Nominees Despite ISS and Glass Lewis Recommendations, Qualcomm Board Unilaterally Transfers $4.10 per Qualcomm Share of Value from Qualcomm Stockholders to NXP Stockholders Broadcom Urges Qualcomm Stockholders to Vote the BLUE Card to Express Their Disappointment with the Qualcomm Board’s Decision to Transfer Value PR Newswire SAN JOSE, Calif., Feb. 20, 2018 SAN JOSE, Calif. , Feb […]
Technicals
Medtronic (MDT) Beats Q3 Earnings and Revenues Estimates
Are you a medical practitioner? Yes, then you must be aware of Minnesota-based one of the world’s leading medical technology giant Medtronic plc MDT which has a global reach that extends to roughly 160 countries. Last year, more than 70 million people benefited from Medtronic’s medical therapies, which treat cardiac and vascular diseases, diabetes, and neurological and musculoskeletal conditions. […]