Month: April 2018

Stock Analysts

Insurers’ Q1 Earnings Slated on May 1: AJG, ALL, UNM, VOYA

April 30, 2018 0

The first-quarter earnings season is in full swing with already 267 members of the elite S&P 500 index having reported financial numbers so far. Per the latest Earnings Preview , performances of these index participants indicate a 25.1% increase in total earnings on 10% higher revenues. The beat ratio is impressive with 76.8% companies surpassing bottom-line expectations and a 73.8%, outperforming on the top-line front, bearing testament to a solid start. […]

Stock Analysts

Loews (L) Q1 Earnings Beat, Rise Y/Y on Lower Share Count

April 30, 2018 0

Loews Corporation L reported first-quarter 2018 operating earnings of 89 cents per share, beating the Zacks Consensus Estimate of 87 cents. The bottom line also improved 2.3% year over year. Loews Corporation Price, Consensus and EPS Surprise Loews Corporation Price, Consensus and EPS Surprise | Loews Corporation Quote The company witnessed lower earnings at Diamond Offshore DO and Boardwalk Pipeline Partners BWP plus lower parent company net investment income […]

Stock Analysts

Allergan (AGN) Q1 Earnings Beat Estimates, Sales Up Y/Y

April 30, 2018 0

Allergan plc ’s AGN first-quarter 2018 earnings came in at $3.74 per share, beating the Zacks Consensus Estimate of $3.36 by 11.3%. The bottom line also rose 11.6% year over year, driven by higher revenues and lower operating costs. Earnings also surpassed the previously expected range of $3.20-$3.40. […]

Mergers & Acquisitions

Radius & Leadspace Join Forces To Lead $50 Billion Data Intelligence Market

April 30, 2018 0

Radius & Leadspace Join Forces To Lead $50 Billion Data Intelligence Market Two Leaders Unite to Power Revenue Growth for Fortune 500 Companies Globally PR Newswire SAN FRANCISCO, April 30, 2018 SAN FRANCISCO , April 30, 2018 /PRNewswire/ — Radius and Leadspace, the two leaders in data intelligence for B2B sales and marketing, today announced that they are joining forces under the Radius brand. With more than 200 marquee customers, including American Express, Hewlett Packard Enterprise, Microsoft, and MetLife, Radius is positioned as the clear leader in Data Intelligence, helping top B2B brands find and reach buyers globally. The company also announced that Leadspace CEO Doug Bewsher becomes CEO and Radius founder Darian Shirazi becomes Executive Chairman […]

Mergers & Acquisitions

Ocean Link Consortium Offered Higher Price to Take-private eHi

April 30, 2018 0

Ocean Link Consortium Offered Higher Price to Take-private eHi PR Newswire SHANGHAI, April 30, 2018 SHANGHAI , April 30, 2018 /PRNewswire/ — Ocean Link Partners Limited (“Ocean Link”), a private equity firm dedicated to investing in travel-related industries in China , is providing an update on the progress of its non-binding proposal to acquire all outstanding common shares of eHi Car Services Limited (“eHi” or the “Company”). On April 2, 2018 , Ocean Link submitted a non-binding proposal to purchase all outstanding common shares (the “Shares”) of eHi in a going-private transaction (the “Acquisition”). […]

Mergers & Acquisitions

InTouch Health Enters Into Definitive Agreement to Acquire REACH Health, Further Solidifying Leading Position as Telehealth Partner of Choice for Hospitals and Health Systems

April 30, 2018 0

InTouch Health Enters Into Definitive Agreement to Acquire REACH Health, Further Solidifying Leading Position as Telehealth Partner of Choice for Hospitals and Health Systems Now powering more than 200 health systems with the most secure, reliable, and scalable virtual care solution in the industry PR Newswire SANTA BARBARA, Calif., April 30, 2018 SANTA BARBARA, Calif. , April 30, 2018 /PRNewswire/ — InTouch Health , the leading enterprise telehealth platform, today announced that it has entered into an agreement to acquire REACH Health, a telemedicine software company based in Alpharetta, Georgia . […]

Mergers & Acquisitions

Sapir Corp Ltd. Acquires Majority Interest In NoMo-SoHo Hotel, NYC

April 30, 2018 0

Sapir Corp Ltd. Acquires Majority Interest In NoMo-SoHo Hotel, NYC PR Newswire TEL-AVIV, Israel, April 30, 2018 TEL-AVIV, Israel , April 30, 2018 /PRNewswire/ — Sapir Corp Ltd. announces the acquisition of additional 49% interest in the NoMo-SoHo Hotel, located in SoHo, Manhattan, New York from a trust-owned corporation for the benefit of Mr. […]

Stock Analysts

Mid-America Apartment (MAA) Q1 Earnings: What’s in Store?

April 30, 2018 0

Mid-America Apartment Communities, Inc. MAA — commonly known as MAA — is slated to report first-quarter 2018 results on May 2, after the market closes. In the last reported quarter, this Memphis, TN-based residential real estate investment trust (REIT) delivered a positive surprise with respect to funds from operations (FFO) per share of 1.35%. […]

Stock Analysts

Agnico Eagle’s (AEM) Q1 Earnings Lag, Sales Beat Estimates

April 30, 2018 0

Agnico Eagle Mines Limited AEM reported net income of $44.9 million or 19 cents per share for the first quarter of 2018, down 41% from year-ago quarter’s net income of $76 million or 33 cents. Barring one-time items, earnings for the quarter were 15 cents per share, which missed the Zacks Consensus Estimate of 17 cents. Agnico Eagle recorded revenues of $578.4 million in the first quarter of 2018, up about 5.7% from $547.5 million in the year-ago quarter […]