Month: February 2018

Loews Corporation L reported fourth-quarter 2017 operating earnings of 83 cents per share, beating the Zacks Consensus Estimate of 72 cents. The bottom line however, declined 3.5% year over year. Loews Corporation Price, Consensus and EPS Surprise Loews Corporation Price, Consensus and EPS Surprise | Loews Corporation Quote Although earnings benefited from high performance at CNA Financial CNA and Loews Hotels, lower results at Diamond Offshore Drilling DO weighed on the upside […]

Brookfield Infrastructure Partners L.P. BIP posted fourth-quarter 2017 earnings of 36 cents per unit, missing the Zacks Consensus Estimate of 82 cents by 56.09%. The partnership reported earnings of 40 cents per unit in the year-ago quarter. […]

Trimble Inc. TRMB reported fourth-quarter 2017 adjusted earnings of 39 cents per share, which surpassed the Zacks Consensus Estimate by 3 cents. The figure increased 25.8% on a year-over-year basis […]

Fortive Corporation FTV reported fourth-quarter 2017 earnings of 82 cents per share that beat the Zacks Consensus Estimate by four cents. The figure increased almost 21% from the year-ago quarter and was better than management’s guidance of 74-78 cents. […]

Visa Inc. V recently announced that it has entered into a definitive agreement to acquire Fraedom, which has been in a partnership with Visa for about 10 years. The transaction is subject to the customary closing conditions and is expected to be completed in the first half of 2018 […]

Nu Skin Enterprises, Inc. NUS is slated to report fourth-quarter 2017 results on Feb 15, after the closing bell. […]

Cheniere Energy, Inc. LNG recently announced that the company has agreed to sell liquefied natural gas ("LNG") to China National Petroleum Corporation (“CNPC”) through two sale and purchase agreements. The deal marks China's first ever long-term contract targeted to import U.S. […]

Campbell Soup Company CPB is scheduled to report second-quarter fiscal 2018 results on Feb 16, before the market opens. Last quarter, the company delivered a positive earnings surprise of 3.4%. […]

The volatility in the U.S. market continues with the Dow witnessing two massive falls of 1,175 points on Monday and 1,032 points on Thursday. Although a bleeding Dow managed to recover 1.4% on Friday, the market has entered correction territory […]

Groupon Inc . GRPN is set to release its fourth-quarter 2017 results on Feb 14. The question lingering in investors’ minds is whether this daily deals website operator will be able to post a positive earnings surprise in the to-be-reported quarter. […]

Shares of Teradata Corporation TDC plunged almost 6.2% to close at $35 on Feb 9, following dismal fourth-quarter 2017 results. Adjusted earnings of 58 cents per share declined 17.1% year over year. However, the figure beat the Zacks Consensus Estimate of 50 cents. […]

Allegiant Travel Company ALGT has recently reported traffic numbers for January. Traffic for the total system including scheduled service and fixed fee contract, measured in revenue passenger miles (RPMs), increased 9.3% on a year-over-year basis to 877.42 million. […]

On Feb 9, we issued an updated research report on Amedisys, Inc. AMED . […]

Marriott International, Inc. MAR will report fourth-quarter 2017 results on Feb 14, after the bell. In the quarter, we expect the company to post an encouraging performance on both counts driven mainly by significant RevPAR (revenue per available room) growth. […]

ExxonMobil Corporation XOM recently announced that its oil and gas reserves grew 19% in 2017 owing to growth in several places like the U.S. shale, the United Arab Emirates and Guyana. ExxonMobil reported its reserve update following its fourth-quarter earnings , which failed to meet expectations. […]

Shares of j2 Global, Inc. JCOM have declined 6.3% in a month, performing worse than the industry's decrease of 2.1%. […]

Tenneco Inc. TEN reported fourth-quarter 2017 results wherein adjusted earnings per share came in at $1.89, surpassing the Zacks Consensus Estimate of $1.64. The company’s bottom line also improved from the prior-year quarter’s figure of $1.63. […]

Global stocks were weighed down by massive losses and heightened volatility on Wall Street last week. A spike in yearly wage increases triggered inflationary concerns and boosted bond yields, leading to U.S. stocks entering correction territory. […]