Technicals

AbbVie (ABBV) Tops Q1 Earnings and Revenues, View Up

North Chicago, IL-based AbbVie Inc. ABBV is best known for its autoimmune disease drug, Humira. AbbVie’s flagship product Humira is approved for several indications like rheumatoid arthritis (moderate to severe), moderately to severely active polyarticular juvenile idiopathic arthritis, active psoriatic arthritis, active ankylosing spondylitis, Crohn’s disease (moderate to severe), ulcerative colitis (moderate to severe), axial spondyloarthritis, pediatric Crohn’s disease, chronic plaque psoriasis (moderate to severe), and hidradenitis suppurativa (moderate to severe. […]

Technicals

EQT (EQT) Q1 Earnings Miss Estimates

An Earnings Miss : EQT Corporation ( EQT ) reported first quarter income per share of $1.01, lower than the Zacks Consensus Estimate of $1.05. Estimate Revision Trend & Surprise History : Investors should note that the Zacks Consensus Estimate has seen four upward revision and one downward revisions in the last thirty days. […]

Technicals

Valero Energy (VLO) Beats on Q1 Earnings & Revenues

An Earnings Beat : Valero Energy Corporation ( VLO ) reported first quarter income per share of $1.00, higher than the Zacks Consensus Estimate of 92 cents. Higher throughput margin owing to 94% throughput capacity utilization supported Valero Energy’s strong first-quarter results. […]

Technicals

ConocoPhillips (COP) Beats Q1 Earnings & Revenue Estimates

Earnings Beat: Houston, TX-based ConocoPhillips COP reported earnings per share excluding special items at 96 cents, beating the Zacks Consensus Estimate of 76 cents. Estimate Revision Trend & Surprise History: Investors should note that the Zacks Consensus Estimate for the quarter has been revised upward over the last 30 days. ConocoPhillips Price and EPS Surprise ConocoPhillips Price and EPS Surprise | ConocoPhillips Quote Moreover, ConocoPhillips have an impressive earnings surprise history. […]

Technicals

Should You Buy Kemper (KMPR) Ahead of Earnings?

Investors are always looking for stocks that are poised to beat at earnings season and Kemper Corporation KMPR 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 Kemper is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. […]

Mergers & Acquisitions

Ocean Thermal Energy Corporation Reports Plans to Acquire Synergistic Companies

Ocean Thermal Energy Corporation Reports Plans to Acquire Synergistic Companies PR Newswire LANCASTER, Pa., April 26, 2018 LANCASTER, Pa. , April 26, 2018 /PRNewswire/ — Ocean Thermal Energy Corporation (OTCQB: CPWR) (“OTE” or “the Company”), a project developer for Ocean Thermal Energy Conversion (OTEC) renewable energy and water desalinization plants, is today providing an update on its plans to acquire synergistic international and US based companies. […]

Mergers & Acquisitions

GoldMining to Acquire Additional Gold Claims Contiguous with its Yellowknife Gold Project

GoldMining to Acquire Additional Gold Claims Contiguous with its Yellowknife Gold Project PR Newswire VANCOUVER, April 26, 2018 VANCOUVER , April 26, 2018 /PRNewswire/ – GoldMining Inc. (the “Company” or “GoldMining”) (TSX-V: GOLD; OTCQX: GLDLF) is pleased to announce that it has entered into an agreement (the “Agreement”) with an arm’s length vendor (the “Vendor”) to indirectly acquire the Narrow Lake property (“Narrow Lake” or the “Property”). […]

Technicals

Parker-Hannifin (PH) Q3 Earnings Beat, Posts Record Revenues

Cleveland, Ohio-based Parker-Hannifin Corporation PH is a prominent built-up components & equipment company, conducting trade in the global industrial goods sector. The company produces control and motion technologies as well as systems that are traded across different aerospace, industrial and mobile marketplaces located around the world. […]

Technicals

Ally Financial (ALLY) Beats Q1 Earnings, Revenues Grow Y/Y

Have you been eager to see how Ally Financial Inc. ALLY performed in Q1 in comparison with the market expectations? Let’s quickly scan through the key facts from this Detroit, Michigan-based automotive financial services company’s earnings release this morning: An Earnings Beat Ally Financial came out with adjusted earnings of 68 cents per share, surpassing the Zacks Consensus Estimate of 66 cents […]

Technicals

Iron Mountain (IRM) Q1 FFO Misses Estimates, Revenues Up Y/Y

Have you been eager to see how Iron Mountain Incorporated IRM performed in Q1 in comparison with the market expectations? Let’s quickly scan through the key facts from this Boston, MA – based real estate investment trust’s (REIT) earnings release this morning: A FFO Miss Iron Mountain came out with normalized funds from operations ("FFO") per share of 49 cents, missing the Zacks Consensus Estimate of 50 cents. Higher operating expenses were primarily responsible for this FFO miss […]

Mergers & Acquisitions

Burke Porter Group Expands European Presence With Purchase Of Van Hoecke Automation In Belgium

Burke Porter Group Expands European Presence With Purchase Of Van Hoecke Automation In Belgium Technology platform adds growth opportunities in key industry sectors PR Newswire GRAND RAPIDS, Mich., April 26, 2018 GRAND RAPIDS, Mich. , April 26, 2018 /PRNewswire/ — Burke Porter Group (BPG), a leading global manufacturer of intelligent machines, announced today that it has completed its purchase of Van Hoecke Automation (VHA), a Belgium -based global supplier of production automation and product manipulation and control in the food processing and automotive industries. Terms of the transaction were not disclosed. […]

Mergers & Acquisitions

Endo to Acquire Somerset Therapeutics and Business of Affiliate Wintac Limited

Endo to Acquire Somerset Therapeutics and Business of Affiliate Wintac Limited PR Newswire DUBLIN, April 26, 2018 DUBLIN , April 26, 2018 /PRNewswire/ — Endo International plc (NASDAQ: ENDP) today announced that it has reached definitive agreements to acquire Somerset Therapeutics, LLC, a New Jersey based specialty pharmaceutical company that develops and markets sterile injectable and ophthalmic drugs for the U.S. marketplace, and the business of its India based affiliate Wintac Limited, which operates as Somerset Therapeutics’ contract developer and manufacturer. Endo is paying approximately $190 million in total for Somerset Therapeutics and Wintac’s business […]

Stock Analysts

AT&T (T) Misses on Q1 Earnings & Revenues, Reiterates View

AT&T T reported mixed first-quarter 2018 results, with the top and the bottom lines missing the respective Zacks Consensus Estimate despite solid prepaid phone gains, record low first-quarter postpaid phone churn and continued DIRECTV NOW subscriber growth. Net Income On a GAAP basis, AT&T reported net income of $4,662 million or 75 cents per share compared with $3,469 million or 56 cents per share in the year-ago quarter. Excluding non-recurring items, adjusted earnings were 85 cents per share compared with 74 cents in the year-earlier quarter […]