Genpact Limited G delivered fourth-quarter 2017 non-GAAP earnings of 43 cents per share, which remained flat on a year-over-year basis. However, the figure came ahead of the Zacks Consensus Estimate by a couple of cents. Revenues of $734.4 million increased 7.7% (up 7% on a constant currency basis) from the year-ago quarter […]
Watts Water Technologies, Inc. WTS delivered fourth-quarter 2017 adjusted earnings of 74 cents per share, up 16% year over year. The improvement was driven by strong operating performances in the Americas and Europe. […]
Treehouse Foods, Inc. THS is slated to release fourth-quarter 2017 results on Feb 15. The question lingering in investors’ minds is whether this packaged foods and beverages manufacturer will be able to deliver a positive earnings surprise in the quarter to be reported. […]
CSX Corporation ’s CSX board of directors has announced a 10% dividend hike. Additionally, the company increased the existing share repurchase program to $5 billion. This move indicates the company’s commitment to create value for shareholders as well as underlines its confidence in business growth […]
Luminex Corporation LMNX reported adjusted earnings of 17 cents per share in the fourth quarter of 2017, surpassing the Zacks Consensus Estimate of 9 cents by 88.9%. Adjusted earnings also increased 216.7% year over year. […]
Kraton Corporation KRA unveiled plans to ramp up the operational capacity of Sylvatraxx tread enhancement additives (“TEA”) to address the growing demand of the tire industry. Per the company, the move — scheduled to complete by fourth-quarter 2018 — will expand production by 20% at the Niort plant in France. The Niort facility has been a well-known supplier of a wide range of products, such as pure aromatic monomer resins and aromatically-modified terpene-based resins with a higher renewable content to the tire industry. […]
On Feb 1, 2018, Goldman Sachs GS predicted that the average price of Brent crude would cross $80 a barrel in 2018. The investment bank backed this claim with the assumption that U.S. […]
The J. M. Smucker Company SJM is slated to release third-quarter fiscal 2018 results on Feb 16 […]
Ryder System, Inc . R has approved a quarterly dividend hike of 13%. Following this announcement, shares of the company were up 2.3% to $82.49 at the close of business on Feb 12. […]
CityMD to Acquire STAT Health Urgent Care Expanding Presence in New York Metro Area PR Newswire NEW YORK, Feb. 13, 2018 NEW YORK , Feb. […]
Clayton, Dubilier & Rice to Acquire Majority Interest in American Greetings WEISS FAMILY TO RETAIN SIGNIFICANT OWNERSHIP STAKE PR Newswire NEW YORK and CLEVELAND, Feb. 13, 2018 NEW YORK and CLEVELAND , Feb. 13, 2018 /PRNewswire/ — Clayton, Dubilier & Rice and American Greetings Corporation announced today an agreement under which CD&R-managed funds will acquire a 60% ownership stake in American Greetings, a designer, manufacturer and distributor of greeting cards, as well as gift packaging, party goods, and stationery products. […]
Global Blockchain To Spin Out Mining Division To Offer Pure Mining Play With Combined Access Of 175 MW Of Low-Cost Reliable Power PR Newswire VANCOUVER, British Columbia, Feb. 13, 2018 VANCOUVER, British Columbia , Feb. 13, 2018 /PRNewswire/ — GLOBAL BLOCKCHAIN TECHNOLOGIES CORP […]
Diamond Offshore Drilling Inc. DO reported fourth-quarter 2017 adjusted loss of 5 cents per share compared to the Zacks Consensus Estimate of a breakeven. The company reported earnings of 85 cents per share in the year-earlier quarter […]
On Feb 9, we issued an updated research report on Becton, Dickinson and Company BDX , popularly known as BD. The stock carries a Zacks Rank #2 (Buy). BD’s focus on expanding into overseas emerging markets, product launches and acquisition-driven strategies are significant growth catalysts […]
FMC Corporation ’s FMC profits skyrocketed in fourth-quarter 2017, buoyed by a hefty gain (of $727 million) from the sale of its Health and Nutrition division. Consolidated profit, as reported, shot up to $530 million or $3.94 per share in the reported quarter from $16 million or 12 cents per share a year ago. […]
Jollibee Foods Corporation (JFC) Takes Majority Stake In Growth Focused Smashburger Brand SMASHBURGER’S IMPROVED GUEST EXPERIENCE, SUCCESSFUL LAUNCHES OF GREAT TASTING PRODUCTS AND NOVEL, INNOVATIVE MARKETING PROGRAMS PROVIDE JFC STRONG FOOTHOLD IN U.S. MARKET PR Newswire DENVER, Feb. 13, 2018 DENVER , Feb. […]
eStruxture Data Centers acquires Kolotek from Gaz M tro Plus Canada NewsWire MONTREAL, Feb. 13, 2018 Improved multi-site and disaster recovery along with high-capacity multi-site options provide growth potential for new and existing customers MONTREAL , Feb. 13, 2018 /CNW Telbec/ – As part of their ongoing strategy to expand across Canada , eStruxture Data Centers announces today that it has acquired Kolotek from Gaz M tro Plus. […]
Founded in 2002, GoPro Inc. ( GPRO ) is a wearable camera maker that is known for its HERO line of action cameras and related accessories; it also unveiled its new Fusion camera, a 360 camera aimed at “prosumers.” The company had also developed the Karma drone, though news recently broke that the division is now permanently shuttered. […]
Petróleos Mexicanos Announces Final Results Of Its Private Exchange Offers And Related Tender Offers For Two Series Of Notes And The Closing Of Its Concurrent Offering Of Global Notes PR Newswire MEXICO CITY, Feb. 12, 2018 MEXICO CITY , Feb. […]
Camposol S.A. Announces that Merrill Lynch, Pierce, Fenner & Smith Incorporated has Terminated the Tender Offer and Consent Solicitation for Any and All of Camposol S.A.’s outstanding 10.50% Senior Secured Notes due 2021 PR Newswire NEW YORK, Feb. 12, 2018 NEW YORK , Feb. […]
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