Stock Analysts

Broadcast Battle Heats Up With Comcast’s $31M Sky Buyout Bid

The broadcast war is not only intensifying but also becoming increasingly complicated. Making the scenario more complex, Comcast Corporation CMCSA , on Wednesday, made a $31-billion offer to take over Sky plc SKYAY , which raises the specter for a potential bidding war between Twenty-First Century Fox, Inc. FOXA and the cable television giant. […]

Stock Analysts

Duke Realty’s (DRE) Q1 FFO and Revenues Surpass Estimates

Duke Realty Corporation ’s DRE first-quarter 2018 funds from operations (FFO) per share of 31 cents surpassed the Zacks Consensus Estimate by a penny. However, the figure was lower than the year-ago figure of 32 cents. Further, the company witnessed a decline in core FFO per share, which was 30 cents for the quarter under review compared with 32 cents recorded in first-quarter 2017 […]

Technicals

Why Earnings Season Could Be Great for Phillips 66 Partners (PSXP)

Investors are always looking for stocks that are poised to beat at earnings season Phillips 66 Partners LP PSXP may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Phillips 66 Partners is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat […]

Technicals

Baxter (BAX) Beats on Q1 Earnings and Revenue Estimates

Headquartered in Deerfield, Illinois, Baxter International Inc. BAX is a global medical products and services company. Baxter reports its operating results based on three reportable geographic segments: Americas (North and South America), EMEA (Europe, Middle East and Africa) and APAC (Asia Pacific). […]

Technicals

LKQ Corporation’s Q1 Earnings Miss, Revenues Beat Estimates

LKQ Corporation LKQ is a provider of specialty and alternative systems, components, equipment and parts to repair and accessorize vehicles. Earnings In the first-quarter 2018, LKQ Corp reported adjusted earnings of 55 cents per share, missing the Zacks Consensus Estimate of 59 cents. Adjusted earnings per share in the year-ago quarter were 49 cents. […]

Mergers & Acquisitions

LG Acquires Global Premium Automotive Lighting Company ZKW Group

LG Acquires Global Premium Automotive Lighting Company ZKW Group EUR 1.1 Billion Deal LG’s Largest in 60 Year History PR Newswire SEOUL, South Korea, April 26, 2018 SEOUL, South Korea , April 26, 2018 /PRNewswire/ — Earlier today, the Board of Directors of LG Electronics (LG) approved the acquisition of leading automotive lighting and headlight systems provider ZKW Group, capping a deal worth more than EUR 1.1 billion , LG’s largest acquisition to date. Under the terms of the transaction, LG Electronics will acquire a 70 percent stake in ZKW Group with parent company LG Corp. purchasing the remaining 30 percent […]

Technicals

Ingersoll (IR) Looks Good: Stock Adds 5.9% in Session

Ingersoll-Rand Plc IR was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $80.39 –$86.36 in the past one-month time frame, witnessed a sharp increase yesterday. […]