Stock Analysts

Sherwin-Williams’ Q1 Earnings Top Estimates, Cuts Profit View

The Sherwin-Williams Company SHW logged net income (as reported) of $2.62 per share for the first quarter of 2018, up around 4% from $2.53 per share recorded a year ago. Adjusted earnings (barring acquisition-related costs) for the quarter came in at $3.57 per share, beating the Zacks Consensus Estimate of $3.14. Sherwin-Williams posted record first-quarter revenues of $3,965 million, up roughly 44% year over year. […]

Stock Analysts

Freeport (FCX) Q1 Earnings Miss, Revenues Top Estimates

Freeport-McMoRan Inc. FCX reported net income (attributable to common stock) of 47 cents per share for first-quarter 2018 compared with 16 cents recorded a year ago. Barring one-time items, adjusted earnings came in at 46 cents a share in the quarter, missing the Zacks Consensus Estimate of 58 cents […]

Stock Analysts

Will Missile Systems Unit Drive Raytheon (RTN) Q1 Earnings?

Raytheon Company RTN is scheduled to release first-quarter 2018 results on Apr 26, before the opening bell. The company’s revenues are anticipated to be primarily driven by Missile Systems business unit’s performance in the quarter under review. Moreover, we expect the upcoming result to reflect solid cash flow numbers […]

Mergers & Acquisitions

GGL Resources Acquires Significant Land Position in Lac de Gras Diamond District, Northwest Territories, Canada

GGL Resources Acquires Significant Land Position in Lac de Gras Diamond District, Northwest Territories, Canada Canada NewsWire VANCOUVER, April 24, 2018 VANCOUVER , April 24, 2018 /CNW/ – GGL Resources Corp. (TSX-V: GGL) (“GGL”) (“Company”) is pleased to announce the acquisition of three 100% owned diamond properties prominently located in the prolific Lac de Gras diamond district, Northwest Territories . Lac de Gras is home to Canada’s first two diamond mines, the world class Diavik and Ekati mines discovered in the 1990’s […]

Mergers & Acquisitions

The Stars Group Completes Australian Acquisitions

The Stars Group Completes Australian Acquisitions PR Newswire TORONTO, April 24, 2018 TORONTO , April 24, 2018 /PRNewswire/ – The Stars Group Inc. (Nasdaq: TSG; TSX; TSGI) today announced that it has successfully completed the previously announced acquisition of an additional 18% equity interest in CrownBet Holdings Pty Limited and CrownBet has successfully completed its acquisition of William Hill Australia Holdings Pty Ltd. The acquisitions result in The Stars Group owning 80% of the combined businesses and create an operator of scale and clear rival to the top two sportsbook operators in Australia , the world’s second largest regulated sports betting market. […]

Mergers & Acquisitions

StoneCastle and Q2 Partner with MoneyLion to Offer Deposit Accounts and Debit Cards

StoneCastle and Q2 Partner with MoneyLion to Offer Deposit Accounts and Debit Cards Cambr enables MoneyLion to expand product roadmap and enhance value for Plus customers PR Newswire NEW YORK, April 24, 2018 NEW YORK , April 24, 2018 /PRNewswire/ — StoneCastle Partners, LLC (“StoneCastle”), and Q2 Holdings, Inc. (NYSE: QTWO), today announced a long-term deal with MoneyLion, Inc., the financial operating system revolutionizing the way middle-class Americans save, invest and build their credit. MoneyLion will utilize Cambr to offer their recently announced deposit accounts and debit cards , expanding customer relationships and creating new monetization opportunities via robust interest and interchange revenues […]

Mergers & Acquisitions

METALTECH Joins UBM’s Leading Portfolio of Asean Metalworking and Machine Tools Events

METALTECH Joins UBM’s Leading Portfolio of Asean Metalworking and Machine Tools Events PR Newswire KUALA LUMPUR, Malaysia, April 24, 2018 Professional Buyers and Exhibitors of the Metalworking and Machine Tools Industries to Gain Greater ROI and Global Reach KUALA LUMPUR, Malaysia , April 24, 2018 /PRNewswire/ — UBMMG Holdings Sdn. Bhd., a subsidiary of UBM plc (“UBMMG”) , announces today it has acquired TradeLink ITE Sdn. Bhd., the owner of METALTECH, from the ITE Group. […]

Stock Analysts

What to Expect From International Paper (IP) in Q1 Earnings?

Paper and packaging firm, International Paper Company IP is scheduled to report first-quarter 2018 financial results before the opening bell on Apr 26. The company is likely to report higher revenues in the quarter across most of the operating segments due to healthy growth dynamics. However, total corporate revenues in the to-be-reported quarter are expected to decline to $5,430 million from $5,511 million generated in first-quarter 2017. […]