Month: February 2018

Enbridge Inc. ENB intends to expedite its divestment program for 2018, per Reuters. The company plans to divest C$8 billion ($6.4 billion) worth of assets. […]

Thor Industries, Inc. THO , the leading manufacturer of recreational vehicles (RVs), announced the creation of a 50/50 joint venture (JV) with New Zealand-based Tourism Holdings, Ltd. The company expects that the collaboration with the world’s largest RV rental and sales operator will provide maximum benefits of digital connectivity in the fast-growing international marketplace. […]

Anthem, Inc. ANTM has sealed the acquisition of America’s 1st Choice, a privately held, for-profit Medicare Advantage (MA) organization. […]

Pool Corporation POOL reported better-than-expected results in fourth-quarter 2017. Adjusted earnings of 21 cents per share in the quarter surpassed the Zacks Consensus Estimate of 17 cents by 23.5%. The bottom line increased a whopping 250% from the year-ago quarter on the back of improved net income. […]

FirstEnergy Corporation FE is scheduled to release fourth-quarter 2017 results after the closing bell on Feb 20. In the last quarter, the company reported a positive earnings surprise of 12.79%. Let’s see how things are shaping up prior to this announcement. […]

Genuine Parts Company GPC is set to report fourth-quarter and fiscal 2017 results before the opening bell on Feb 21. Last quarter, the company delivered a negative surprise of 9.4%. […]

Flowserve Corporation FLS reported fourth-quarter 2017 adjusted earnings of 50 cents per share, missing the Zacks Consensus Estimate of 52 cents by 3.8%. Also, adjusted earnings were down 30.6% on a year-over-year basis, as the effect of a decline in revenues trickled down to the bottom line On a reported basis, the company’s loss per share came in at 81 cents, and included $158 million of discrete and non-cash tax expenses related to the effect of the U.S. Tax Cuts and Jobs Act of 2017 […]

Allscripts Healthcare Solutions, Inc. MDRX reported fourth-quarter 2017 adjusted earnings of 18 cents per share were in line with the Zacks Consensus Estimate. […]

Air Products and Chemicals Inc. APD inked a definitive agreement to acquire ACP Europe SA — is the biggest independent carbon dioxide business in Continental Europe. […]

Agnico Eagle Mines Limited AEM reported net income of $35.1 million or 15 cents per share in the fourth quarter of 2017, compared with the year-ago quarter’s net income of $62.7 million or 28 cents. Barring one-time items, earnings for the quarter were 21 cents per share, which surpassed the Zacks Consensus Estimate of 19 cents. […]

Coca-Cola European Partners plc CCE , or CCEP’s comparable earnings of 58 cents per share surpassed the Zacks Consensus Estimate of 55 cents by 5.5%. The quarterly figure jumped 26.1% year over year. CCEP reported net sales of $3.14 billion, surpassing the Zacks Consensus Estimate of $3.06 billion by 2.4%. […]

Cracker Barrel Old Country Store, Inc. CBRL is scheduled to report second-quarter fiscal 2018 results on Feb 20, before market opens. The company’s strong initiatives to drive revenues through efficient marketing, seasonal promotions as well as unit growth are likely to reflect in the to-be-reported quarter’s top line. […]

Kinross Gold Corporation ’s KGC fully-owned subsidiary, Kinross Brasil Mineracao, has announced the acquisition of two hydroelectric power plants located in Brazil from a subsidiary of Gerdau SA for $257 million. The two plants — Barra dos Coqueiros and Cacu — are expected to secure a long-term power supply for Kinross’ Paracatu mine, which will lower production costs over the life of mine. […]