Month: March 2018

FTI Consulting, Inc. FCN announced that its FTI Technology segment will provide its business partner, Relativity’s e-discovery software solutions in the U.K. Relativity’s cloud-based platform, RelativityOne, will assist FTI Technology’s clients to quickly start a new e-discovery matter within the Relativity interface apart from leveraging the latter’s consulting and services expertise. […]

Masimo Corp. MASI reported earnings of 72 cents per share in the fourth quarter of 2017, outperforming the Zacks Consensus Estimate of 61 cents. […]

Bayer AG ’s BAYRY fourth-quarter 2017 core earnings per share from continuing operations were 42 cents per American Depository Receipt (“ADR”), which topped the Zacks Consensus Estimate of 31 cents. On Sep 20, 2017, Bayer performed an ADR ratio change. […]

PPG Industries, Inc . PPG won a contract from Bell Helicopter, a unit of Textron Inc. TXT . […]

On Feb 28, we issued an updated research report on The Andersons, Inc. ANDE . The company is anticipated to benefit from its focus on strategic objectives in the Grain Group and Plant Nutrient Group, as well as productivity and cost-saving efforts […]

Lockheed Martin Corp. ’s LMT Aeronautics business division recently secured a delivery contract in relation to F-35 fighter jet. Work related to this deal is expected to be completed by February 2019. […]

Southwest Gas Corporation SWX reported fourth-quarter 2017 adjusted earnings of $1.58 per share, which beat the Zacks Consensus Estimate of $1.50 by 5.3%. Including a one-time tax benefit of 42 cents, the company reported GAAP earnings of $2 per share which reflected a year-over-year improvement of 46% from $1.37. […]

Premium railroads service provider L.B. Foster Company FSTR reported improved fourth-quarter 2017 results. […]

We issued an updated research report on Universal Forest Products, Inc. UFPI on Feb 28. The company’s earnings are projected to grow 10% in the next three to five years. […]

Aerie Pharmaceuticals, Inc . AERI posted fourth-quarter 2017 loss of $1.38 per share, wider than the Zacks Consensus Estimate of a loss of $1.29 and the year-ago loss of 72 cents. Aerie Pharmaceuticals, Inc. […]

Ford Motor Company F picked Miami-Dade County as the new testing ground for its self-driving vehicles, per Associated Press. This association with a county government is in sync with the auto giant’s strategy to roll out fully autonomous vehicles on the road by 2021. […]

ArcelorMittal MT announced that it is supplying 770 tons of cryogenic steel plates for Shell’s new petrochemical complex that is presently under construction in Pennsylvania. The company produces CryElso 9Q 9% nickel plates through its subsidiary Industeel Creusot, France. The cryogenic steel will be used in the construction of the liquid gas storage units. […]

Biotech major Amgen Inc. AMGN announced that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) has granted a positive opinion to update the label of Neulasta to include Neulasta Onpro Kit, an innovative delivery system. […]

Federal Deposit Insurance Corporation (FDIC)-insured commercial banks and savings institutions reported fourth-quarter 2017 earnings of $42.2 billion, down 2.3% year over year. Including the one-time tax-reform impact, net income came in at $25.5 billion, plunging 40.9% year over year. Notably, community banks, constituting 92% of all FDIC-insured institutions, reported net income of $5.6 billion, up 17% on a year-over-year basis […]