Month: February 2018

Vulcan Materials Company VMC is set to release fourth-quarter 2017 results on Feb 16, before the opening bell. Last quarter, the company delivered a positive earnings surprise of 16.87%. Notably, the company surpassed the Zacks Consensus Estimate in two of the last four quarters, the average earnings beat being 5.23% […]

BlackRock, Inc. ’s BLK initiatives to restructure its actively managed equities business with an aim to meet changing client needs positions it well for top-line growth in the future. […]

Rent-A-Center, Inc. RCII is slated to release fourth-quarter 2017 results on Feb 20. […]

On Feb 13, we issued an updated research report on the tire manufacturer and seller, Cooper Tire & Rubber Company CTB . The company is slated to announce its fourth-quarter and fiscal 2017 earnings on Feb 20, 2018. For full-year 2017, it expects the operating margin to be at the higher end of the previously announced mid-term target of 8-10% […]

A lawsuit of more than $1 billion has been filed against Credit Suisse CS , alleging it to have wrongly written-down assets in its trading segment, dating back to 2015 and 2016. The news was reported by a Swiss newspaper, SonntagsZeitung. The case has been filed by pension funds of the police and fire departments in Birmingham […]

Japan’s latest GDP report has delivered a well-timed boost to prime minister Shinzo Abe’s reforms push. The country’s economy has now expanded for the longest period since the 1980s, powered by an increase in domestic spending. Despite a decline in the annualized pace of growth, the latest report is a bullish signal for the Bank of Japan (BoJ). […]

Terex Corporation ’s TEX fourth-quarter 2017 adjusted earnings surged a whopping 230% year over year to 33 cents per share. Earnings also beat the Zacks Consensus Estimate of 25 cents per share by a wide margin of 32%. Increased operating margins, bookings and backlog in every segment led to the overall improved performance in the quarter […]

Fossil Group Inc. FOSL saw its shares soar as much as 80% during yesterday’s after-market trading session following the company’s fourth-quarter 2017 results. Notably, both the top and bottom line came ahead of the Zacks Consensus Estimate and comparable store sales (comps) also increased year over year. […]

Jacobs Engineering Group Inc. JEC recently secured a new feasibility study contract from Borealis AG, for the development of the latter’s Belgium polypropylene plants. The new deal will not only make Borealis the leading polypropylene supplier in Europe but would also fortify Jacobs’ chemical business in the continent […]

Shares of Twilio Inc. TWLO jumped more than 6% during yesterday’s after-hours trade after the company reported splendid fourth-quarter results, wherein its revenues topped the Zacks Consensus Estimate as well as management’s guidance range. Also, the top line marked solid year-over-year growth […]

Retail REIT — Federal Realty Investment Trust FRT — reported fourth-quarter 2017 adjusted funds from operations (FFO) per share of $1.47, meeting the Zacks Consensus Estimate. Adjusted FFO per share also compared favorably with the prior-year quarter tally of $1.45. Results reflect growth in revenues. […]

Harmony Gold Mining Company Limited HMY posted adjusted earnings of 17 cents per share for the first half of fiscal 2018 (ended Dec 31, 2017), compared with 11 cents recorded a year ago, a 55% year over year increase. Revenues and Costs Revenues increased 4.1% year over year to $735 million for the first half of fiscal 2018 from $706 million registered a year ago. Gold production increased roughly 1% to 560,003 ounces (oz) for the first half of the fiscal year compared with 553,862 oz recorded a year ago. […]

Machinery company Barnes Group Inc. B is set to release fourth-quarter 2017 results on Feb 16, before the market opens. The company delivered better-than-expected results in three of last four quarters while lagged estimate in one […]