Stock Analysts
"Death by China," Directed by Peter Navarro
Yes. A looming “ Trade War” is front-and-center in the nation’s news. […]
Month: March 2018
Stock Analysts
Sarepta (SRPT) Narrows Q4 Loss, Exondys 51 Sales Impress
Sarepta Therapeutics, Inc. SRPT reported narrower-than-expected loss in the fourth quarter of 2017. The biotech expects 2018 sales to double for Exondys 51, the only marketed drug for Duchenne muscular dystrophy (“DMD”). […]
Stock Analysts
Pacira (PCRX) Posts Earnings in Q4, Revenues in Line
Pacira Pharmaceuticals, Inc. PCRX reported fourth-quarter 2017 earnings of 38 cents per share surpassing the Zacks Consensus Estimate of 12 cents and the loss of 11 cents recorded a year ago. Revenues increased 8.5% year over year to $79.1 million and at par with the Zacks Consensus Estimate. […]
Stock Analysts
Trump to Slap Tariffs on Steel Imports, Trade War Fears Loom
Steel stocks got a big thrust on Thursday after President Donald Trump said that the U.S. will impose heavy tariffs on steel and aluminum imports in a major move to protect the domestic producers of these metals, rebuild the long-struggling U.S. steel and aluminum industries and safeguard American jobs. […]
Mergers & Acquisitions
FMI Advises The Shockey Precast Group On Sale to Metromont Corporation
FMI Advises The Shockey Precast Group On Sale to Metromont Corporation PR Newswire RALEIGH, N.C., March 2, 2018 RALEIGH, N.C. , March 2, 2018 /PRNewswire-iReach/ — FMI Capital Advisors , a subsidiary of FMI Corporation, is pleased to announce that Metromont Corporation (“Metromont”) has acquired The Shockey Precast Group (“Shockey Precast”). FMI Capital Advisors acted as the exclusive financial advisor to Shockey Precast […]
Stock Analysts
Perrigo (PRGO) Surpassed Earnings in Q4, Revenues Down Y/Y
Perrigo Company plc PRGO reported fourth-quarter 2017 adjusted earnings of $1.28 per share, which beat the Zacks Consensus Estimate of $1.24 by 3.2%. The bottom line also increased 3.2% from the year-ago figure. Net sales in the reported quarter declined 3.6% to $1.28 billion as divestitures of some businesses hurt the top line. […]
Stock Analysts
Scientific Games (SGMS) Q4 Revenues Top, Loss Narrows Y/Y
Scientific Games Corporation SGMS reported fourth-quarter 2017 loss of 48 cents per share narrower than the year-ago quarter’s loss of $1.26. The Zacks Consensus Estimate was pegged at a loss of 28 cents. Revenues increased 9.4% from the year-ago quarter to $823 million and surpassed the Zacks Consensus Estimate of $810 million. […]
Stock Analysts
Intrexon (XON) Q4 Loss Narrower Than Expected, Revenues Beat
Intrexon Corporation XON reported adjusted loss of 17 cents per share in the fourth quarter of 2017, which was narrower than the Zacks Consensus Estimate of a loss of 31 cents. Total revenues came in at $77 million, up 67.4% year over year. […]
Mergers & Acquisitions
Petróleos Mexicanos Announces Final Tender Offer Results And Final Settlement Of Tender Offers And Consent Solicitation
Petróleos Mexicanos Announces Final Tender Offer Results And Final Settlement Of Tender Offers And Consent Solicitation PR Newswire MEXICO CITY, March 2, 2018 MEXICO CITY , March 2, 2018 /PRNewswire/ — Petróleos Mexicanos (” PEMEX “) announces the final tender results for (a) its offers to purchase for cash (i) any and all of its outstanding series of notes listed below under the heading “Any and All Offers” (collectively, the ” Any and All Notes “, and such offers, the ” Any and All Offers “) and (ii) the series of notes set forth in the table below under the heading “Waterfall Tender Offers” (collectively, the ” Waterfall Notes “, and such offers, the ” Waterfall Tender Offers “) for a specified maximum aggregate purchase price payable per series of Waterfall Notes, and (b) its concurrent solicitation of consents (the ” Consent Solicitation “) from holders of each series of Any and All Notes to a proposed amendment to the indenture governing the Any and All Notes. The Any and All Offers and the Waterfall Tender Offers are collectively referred to as the ” Tender Offers .” The Tender Offers and the Consent Solicitation were made pursuant to the offer to purchase and consent solicitation statement dated February 1, 2018 (as amended and supplemented from time to time, the ” Statement “), and the related consent and letter of transmittal dated February 1, 2018, which set forth in more detail the terms and conditions of the Tender Offers and the Consent Solicitation. Any and All Offers The following table summarizes the final tender results for the Any and All Offers as of 11:59 p.m. […]
Stock Analysts
Medtronic’s Guardian Sensor 3 With MiniMed 670G Wins FDA Nod
Medtronic plc MDT announced that the FDA has approved a new arm indication for the Guardian Sensor 3 continuous glucose monitor (CGM) used with the MiniMed 670G insulin pump. Notably, the Guardian Sensor 3 is the company’s latest and most accurate CGM. […]
Stock Analysts
Nektar (NKTR) Q4 Loss Narrower Than Expected, Sales Soar Y/Y
Nektar Therapeutics NKTR reported a loss of 14 cents per share in the fourth quarter of 2017, substantially narrower than both the Zacks Consensus Estimate of a loss of 38 cents and the year-ago figure of 28 cents. Shares of Nektar have significantly outperformed the industry in a year’s time. The stock has skyrocketed 471.6% while the industry has decreased 2.6% […]
Stock Analysts
eHealth (EHTH) Q4 Loss Narrower Than Expected, View Revised
eHealth Inc . EHTH reported fourth-quarter 2017 adjusted net loss of 93 cents per share, narrower than the Zacks Consensus Estimate of a loss of $1.09. The figure was however, wider than the loss of 79 cents incurred a year ago […]
Stock Analysts
Alliant Energy’s Focus on Renewable Assets to Drive Growth
Alliant Energy Corporation LNT is well positioned for long-term growth on strong economic development in its service areas, and ongoing investment in regulated natural gas and renewable energy assets. Alliant Energy has plans to invest nearly $5 billion during the 2018-2021 time frame. The company is successfully completing major construction projects on time and at or below budget […]
Mergers & Acquisitions
Bell Media Acquires Carted, an Online Digital Advertising Platform for Independent Grocers
Bell Media Acquires Carted, an Online Digital Advertising Platform for Independent Grocers PR Newswire BIRMINGHAM, Ala., March 2, 2018 BIRMINGHAM, Ala. , March 2, 2018 /PRNewswire/ — Bell Media, a Digital Marketing Agency focused on solving problems and delivering desired business outcomes for their clients, recently announced that they have acquired Carted, an online shopping and digital marketing provider for grocers. Carted offers tools designed specifically for the independent grocer, and features three layers of marketing products that will allow grocers to quickly utilize features previously only appreciated by larger chains […]
Stock Analysts
Radius (RDUS) Q4 Loss Wider Than Expected on Higher Expenses
Radius Health, Inc. RDUS reported a loss of $1.59 per share in the fourth quarter of 2017, wider than the Zacks Consensus Estimate loss of $1.48 and the year-ago quarter loss of $1.22. Increase in general and administrative expenses led to the wider than anticipated net loss year over year. […]
Stock Analysts
Stratasys (SSYS) Q4 Earnings In Line, Revenues Top Estimates
Stratasys Ltd. SSYS reported mixed results for fourth-quarter 2017, wherein earnings matched the Zacks Consensus Estimate while revenues surpassed the same. Both the metrics improved year over year. […]
Stock Analysts
Cardiovascular Systems Gains From 510K for OrbusNeich Device
Cardiovascular Systems, Inc. CSII has recently announced that OrbusNeich’s 1.0mm Sapphire II PRO coronary balloon has secured 510(k) clearance from the FDA. The company is the exclusive distributor of OrbusNeich’s balloon products since January 2018. […]
Stock Analysts
FBL Financial (FFG) to Add Investors’ Value Via More Profits
The board of directors of FBL Financial Group Inc. FFG has approved a special dividend, a quarterly raise and a share repurchase authorization. These effective capital deployment moves reflect the company’s concerted efforts to enhance shareholders’ value […]
Stock Analysts
Alaska Air Group (ALK) Arm to Share Codes With Fiji Airways
In a customer-friendly move, Alaska Air Group Inc. ’s ALK subsidiary — Alaska Airlines — entered into a bilateral codeshare agreement with Fiji Airways — Fiji's national carrier. Per the deal, Fiji Airways can place its "FJ" code on Alaska Airlines operated flights from San Francisco to two popular destinations in the United States — Seattle and Portland […]
Stock Analysts
Puma (PBYI) Q4 Loss Narrower Than Expected, Shares Down
Puma Biotechnology, Inc. PBYI reported a loss of $1.03 in the fourth quarter of 2017, narrower than both the Zacks Consensus Estimate of a loss of $1.98 and the year-ago tally of $1.22. […]