Stock Analysts

Chicago Bridge & Iron (CBI) Q1 Earnings Trump Estimates

Chicago Bridge & Iron Company N.V. CBI reported first-quarter 2018 adjusted earnings of 43 cents per share, beating the Zacks Consensus Estimate of 40 cents by 7.5%. Also, the metric jumped a whopping 79.2% on a year-over-year basis due to successful cost-reduction initiatives and strong operational execution. […]

Stock Analysts

What’s in Store for Alexandria (ARE) This Earnings Season?

Alexandria Real Estate Equities ARE is scheduled to report first-quarter results on Apr 30, after the market closes. Revenues and funds from operations (FFO) per share are expected to grow sequentially. Last quarter, this Pasadena, CA-based urban office real estate investment trust (REIT), which primarily focuses on collaborative life science and technology campuses, missed the Zacks Consensus Estimate by a whisker […]

Stock Analysts

Will Trading, Loan Growth Aid Barclays’ (BCS) Q1 Earnings?

Barclays BCS is slated to announce first-quarter 2018 results on Apr 26, before the opening bell. For the to-be-reported quarter, it is expected to record year-over-year growth in revenues, while earnings are projected to decline. Lower net interest income, fall in trading revenues and muted underwriting fees significantly hurt Barclays’ results in the last reported quarter […]

Stock Analysts

TCF Financial (TCF) Stock Jumps 7.27% on Q1 Earnings Beat

Shares of TCF Financial Corporation TCF climbed 7.27% in single-day trading following the first-quarter 2018 earnings release on Apr 23, before the market opened. The company reported earnings per share of 39 cents, beating the Zacks Consensus Estimate of 37 cents. Further, the figure compared favorably with the prior-year quarter figure of 25 cents […]

Stock Analysts

What’s in Store for Vornado (VNO) Stock in Q1 Earnings?

Vornado Realty Trust VNO is scheduled to report first-quarter 2018 results on Apr 30, after the closing bell. Revenues and funds from operations (FFO) per share are expected to decline year over year. In the prior quarter, this NY-based real estate investment trust (REIT) delivered a positive surprise of 5.4% in terms of FFO per share. […]

Economic Data

A Bevy of Industrial Q1 Earnings: CAT, LMT, MMM & More

Tuesday, April 24, 2018 Ahead of today’s opening bell, we see results from Case-Shiller’s February housing prices index, with results in-line with expectations of 6.3% year-over-year growth. The 20-city index — from Atlanta to Washington D.C. — went up 0.8% (seasonally adjusted) to 6.8% year over year. […]

Economic Data

Another Slew of First Quarter Earnings

Ahead of today’s opening bell, we see results from Case-Shiller’s February housing prices index, with results in-line with expectations of 6.3% year-over-year growth. The 20-city index — from Atlanta to Washington D.C. — went up 0.8% (seasonally adjusted) to 6.8% year over year. […]

Mergers & Acquisitions

TransDigm Completes Acquisition of Extant Aerospace

TransDigm Completes Acquisition of Extant Aerospace PR Newswire CLEVELAND, April 24, 2018 CLEVELAND , April 24, 2018 /PRNewswire/ — TransDigm Group Incorporated (NYSE: TDG) announced today that it has completed the acquisition of Extant Components Group Holdings, Inc. (“Extant”), a portfolio company of Warburg Pincus LLC, for approximately $525 million. […]

Mergers & Acquisitions

Cannabis Strategic Ventures to Acquire Staffing Group With $1.5 Million in Revenue

Cannabis Strategic Ventures to Acquire Staffing Group With $1.5 Million in Revenue PR Newswire LOS ANGELES, April 24, 2018 LOS ANGELES , April 24, 2018 /PRNewswire/ — Cannabis Strategic Ventures, Inc. (the “Company”)(OTC: NUGS) today announces the completion of definitive agreement to acquire Worldwide Staffing Group, Inc. (“Worldwide”) Under the terms of the agreement, the Company will acquire 100% of Worldwide’s issued and authorized shares and will begin recognizing Worldwide’s revenues upon closing of the transaction. […]