Technicals

Kimco Realty (KIM) Q1 FFO and Revenues Surpasses Estimates

Have you been eager to see how Kimco Realty Corp. KIM performed in Q1 in comparison with the market expectations? Let’s quickly scan through the key facts from this New Hyde Park, NY–based retail real estate investment trust’s (REIT) earnings release this morning: A FFO Beat Kimco came out with funds from operations (FFO) per share of 39 cents, surpassing the Zacks Consensus Estimate of 36 cents. […]

Technicals

Franklin Resources (BEN) Q2 Earnings Beat Estimate, AUM Down

Have you been eager to see how Franklin Resources BEN performed in fiscal Q2 in comparison with the market expectations? Let’s quickly scan through the key facts from this CA-based popular asset management firm’s earnings release this morning: An Earnings Beat Franklin Resources came out with earnings per share of 78 cents, beating the Zacks Consensus Estimate of 75 cents. […]

Mergers & Acquisitions

Cyient Acquires Semiconductor Firm AnSem N.V.

Cyient Acquires Semiconductor Firm AnSem N.V. This new R&D center of excellence for turnkey, custom, and smart analog front-end chips and sensors will enable clients to collect and collate IoT data for industrial, automotive, and medical applications PR Newswire HYDERABAD, India, April 26, 2018 HYDERABAD, India , April 26, 2018 /PRNewswire/ — Cyient Limited (“Cyient”), a global provider of engineering, manufacturing, geospatial, networks, and operations management services, today announced that its step down subsidiary Cyient Europe Ltd. has acquired AnSem N.V., a leading fabless, custom analog and mixed-signal application-specific integrated circuits (ASICs) design company […]

Stock Analysts

Plexus (PLXS) Q2 Earnings Miss Estimates, Revenues Beat

Plexus Corp PLXS reported fiscal second-quarter 2018 adjusted earnings of 74 cents per share, which missed the Zacks Consensus Estimate by a penny and declined 11.9% year over year. Revenues of $698.7 million however surpassed the consensus mark of $690.8 million and increased 15.6% on a year-over-year basis. Healthcare/Life Sciences revenues (35%) were up nearly 21% from the year-ago quarter to $248 million […]

Stock Analysts

Check Point (CHKP) Q1 Earnings Top, Stock Down on Dismal View

Maintaining its earnings streak, Check Point Software Technologies Ltd. CHKP once again reported better-than-expected bottom-line result for first-quarter 2018. The company’s non-GAAP earnings per share of $1.30 beat the Zacks Consensus Estimate of $1.28 and came in line with the mid-point of management’s guided range of $1.25-$1.35 (mid-point $1.30) […]

Stock Analysts

Dr Pepper’s (DPS) Q1 Earnings Miss, Revenues Beat Estimates

Dr Pepper Snapple Group Inc.’s DPS first-quarter 2018 earnings missed the Zacks Consensus Estimate while revenues beat the same. Revenues benefited from a growth in sales volumes, favorable product and package mix, segment mix as well as foreign currency translation. Recently, the company announced its acquisition agreement with the well-known coffee maker Keurig Green Mountain, Inc […]

Stock Analysts

Looking for Tech Exposure? Buy 5 Stocks Upgraded to Rank #1

The technology sector has lately been spooked by a spate of negative news from some of its key companies. Among the worst hit were FANG stocks as Facebook’s FB data scandal raised concerns over stringent regulations for the social media space, and a series of allegations from Donald Trump via Twitter on its business practices spurred Amazon’s AMZN sell-off. The attack from industry players like chipmaker Taiwan Semiconductor Manufacturing TSM and semiconductor-equipment supplier Lam Research LRCX added to the latest chaos. […]