Keeping its positive surprise history alive, Proofpoint Inc. PFPT reported solid results for fourth-quarter 2017 earlier this week, marking the eighth consecutive quarter of better-than-expected performance for both, the top as well as the bottom line. Also, revenues and earnings came in ahead of the company’s guidance ranges. […]
Chegg, Inc. CHGG is set to report fourth-quarter 2017 results on Feb 12, after market close. Last quarter, the company reported adjusted earnings of a penny, compared with the Zacks Consensus Estimate of a breakeven […]
Crunching profit numbers and evaluating surprises might appear a good option in the ongoing reporting cycle but these do not ensure that the profits are being efficiently channeled to the reserves to fund future growth. Because even a profit-making company can have a deficiency of cash flow and might go bankrupt while meeting its obligations. Therefore to ensure investing in the right stocks, one must look at a company’s proficiency in generating cash flows […]
With the recent spat of volatility in the market, there have been a lot of stocks under pressure. Overvalued equities have seen their valuations come back to reality in quick order. It’s not the unwinding of the Trump trade or the death of the tech rally. […]
I suppose it’s tough to step up here and give a Bull of the Day when it feels like the entire world is collapsing around it. But like all rough days in the market, this too shall pass. Whenever the market turns around and gets back to the business of pushing up to new highs, here’s a stock which should be ready for the next leg higher. […]
Boreal Metals – Announcing execution of definitive agreement to acquire second cobalt project in Sweden Canada NewsWire VANCOUVER, Feb. 9, 2018 VANCOUVER , Feb. 9, 2018 /CNW/ – Boreal Metals Corp. […]
Broadcom Welcomes Meeting with Qualcomm Broadcom Strongly Urges Qualcomm to Meet This Weekend Broadcom Reiterates that $82 Per Share Proposal is Best and Final Reiterates Receiving Strong Qualcomm Stockholder Support for Broadcom’s $82 Per Share Proposal Reiterates Receiving Strong Qualcomm Stockholder Support for Broadcom’s Clear Path to Regulatory Approval Broadcom Provides Merger Agreement to Qualcomm Merger Agreement Includes $8 Billion Reverse Termination Fee PR Newswire SAN JOSE, Calif., Feb. 9, 2018 SAN JOSE, Calif. , Feb. […]
Appvion Enters into Sale Agreement to Position Business for Long-Term Success Group of Lenders to Provide Stalking Horse Bid in Court-Supervised Sale Process PR Newswire APPLETON, Wis., Feb. 8, 2018 APPLETON, Wis. , Feb. […]
Amendment to Terms of Cash Tender Offers by CSN Resources S.A. PR Newswire SAO PAULO, Feb. 8, 2018 SAO PAULO , Feb […]
CopaSAT Announces the Acquisition of Eclipse Composites Engineering Acquisition to build on the strength of CopaSAT’s satellite communication solutions PR Newswire ST. PETERSBURG, Fla., Feb. […]
Following the second quadruple-digit drop in the Dow for the past week, Q4 earnings reports released after the bell has provided somewhat of a bounce-back for stocks that outperformed. A huge number of late earnings are hitting the tape; here are some of the highlights: One of the biggest tech plays of 2017, NVIDIA NVDA , keeps the good news coming with a major beat on top- and bottom-lines after Thursday’s closing bell. Shares are up 11% following 80% growth in earnings to $1.78 per share, far in front of the $1.16 per share expected […]
WeissLaw LLP Investigates 8point3 Energy Partners LP Acquisition PR Newswire NEW YORK, Feb. 8, 2018 NEW YORK , Feb. 8, 2018 /PRNewswire/ — WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of 8point3 Energy Partners LP (“CAFD” or the “Company”) (NASDAQ: CAFD) in connection with the proposed acquisition of the Company by an affiliate of Capital Dynamics Inc. […]
The Waymo-Uber case, slated to run for about three weeks just got more interesting as key witnesses started to testify. Taking the stand first was former Uber CEO Travis Kalanick, who testified minus his usual flamboyance. Kalanick was first grilled by Waymo attorneys, after which Uber attorneys allowed him to present its story. […]
The Q4 earnings season has crossed the halfway mark, with more than 75% of S&P 500’s total market capitalization having released their quarterly results. As of Feb 7, of the 294 index members that have reported results, 79.6% beat on earnings, while 76.9% surpassed revenue estimates. […]
The past week saw a flurry of earnings reports from the auto sector along with the release of January sales figures. General Motors Company GM and Toyota Motor Corporation TM reported an increase in January sales, whereas Ford Motor Company F and Fiat Chrysler Automobiles N.V. […]
Starwood Capital Group Acquires Residential and Commercial Real Estate Portfolio from Forestar Group PR Newswire MIAMI, Feb. 8, 2018 MIAMI , Feb. 8, 2018 /PRNewswire/ — A joint venture between an affiliate of Starwood Capital Group, a leading global private investment firm, and an affiliate of Land Strategies Management (DBA Starwood Land Advisors), announced today that it has acquired a diverse portfolio of residential and commercial real estate assets concentrated in high-growth markets throughout Texas , the Southeast and the Western United States . […]
Synopsys Expands Photonic Design Solution with the Acquisition of PhoeniX Software PR Newswire MOUNTAIN VIEW, Calif., Feb. 8, 2018 MOUNTAIN VIEW, Calif. , Feb […]
BC Partners to acquire Zest Dental Solutions from Avista Capital Partners PR Newswire NEW YORK and LONDON, Feb. 8, 2018 NEW YORK and LONDON , Feb. […]
Qualcomm Board of Directors Unanimously Rejects Revised Broadcom Proposal Proposal Materially Undervalues Qualcomm and Falls Well Short of Firm Regulatory Commitment Necessary Given Significant Downside Risk of a Failed Transaction Qualcomm Offers to Meet to See If Broadcom Can Address Serious Deficiencies in Value and Certainty PR Newswire SAN DIEGO, Feb. 8, 2018 SAN DIEGO , Feb. 8, 2018 /PRNewswire/ — Qualcomm Incorporated (NASDAQ: QCOM) (“Qualcomm” or the “Company”) today announced that its Board of Directors has unanimously rejected the revised non-binding, unsolicited proposal by Broadcom Limited (NASDAQ: AVGO) to acquire all of the outstanding shares of Qualcomm for $82.00 per share ( $60.00 in cash and $22.00 in Broadcom stock), which Broadcom announced on February 5, 2018 […]
South Texas Money Management Completes Transaction To Acquire Brenham Office PR Newswire SAN ANTONIO, Feb. 8, 2018 SAN ANTONIO , Feb. […]
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