Mergers & Acquisitions

ClarkDietrich Acquires 50 Percent Ownership Stake in Structa Wire Corp

ClarkDietrich Acquires 50 Percent Ownership Stake in Structa Wire Corp PR Newswire WEST CHESTER, Ohio, Aug. 2, 2018 WEST CHESTER, Ohio , Aug. 2, 2018 /PRNewswire/ — ClarkDietrich, the largest manufacturer of cold-formed steel framing construction products in North America , announced today that the company has acquired 50 percent ownership interest in Structa Wire Corp, a manufacturer of high-performance welded wire products for the lath and plaster industry […]

Stock Analysts

UGI Corporation Q3 Earnings Miss, Revenues Beat Estimates

UGI Corporation UGI delivered third-quarter fiscal 2018 adjusted earnings of 9 cents per share, missing the Zacks Consensus Estimate of 13 cents by 30.8%. The bottom line is at breakeven with the prior-year quarter’s earnings of 9 cents. On a GAAP basis, the company reported earnings of 30 cents per share against the loss of 11 cents in the year-ago quarter. […]

Stock Analysts

Kellogg (K) Beats Q2 Earnings Estimates, Raises ’18 View

Kellogg Company ’s K second-quarter 2018 adjusted earnings and revenues beat the Zacks Consensus Estimate. During the quarter, the top line benefited from contribution from the acquisition of RXBAR and consolidation of Multipro. Meanwhile, bottom-line performance gained from positive impacts of tax reforms. […]

Stock Analysts

Willis Towers (WLTW) Q2 Earnings & Revenues Beat, Up Y/Y

Willis Towers Watson Public Limited Company WLTW reported second-quarter 2018 adjusted earnings of $1.70 per share, surpassing the Zacks Consensus Estimate of $1.67 by 1.8%. Willis Towers Watson Public Limited Company Price, Consensus and EPS Surprise Willis Towers Watson Public Limited Company Price, Consensus and EPS Surprise | Willis Towers Watson Public Limited Company Quote Also, the bottom line improved 17.2% from the year-ago quarter’s figure. Operational Update Willis Towers Watson posted adjusted consolidated revenues of $1.9 million, up 1.9% year over year. […]

Stock Analysts

Medicines Company (MDCO) Q2 Loss Narrows, Revenues Tank Y/Y

The Medicines Company MDCO incurred second-quarter 2018 loss of 63 cents per share, narrower than the Zacks Consensus Estimate of a loss of 64 cents and the year-ago loss of 72 cents. The company’s shares have increased 44.8% so far this year against the industry ’s decrease of 4.4%. Quarterly revenues plunged 84.7% year over year to $1.7 million […]

Stock Analysts

Becton, Dickinson (BDX) Earnings and Revenues Beat in Q3

Becton, Dickinson and Company BDX posted third-quarter fiscal 2018 earnings per share of $2.91, which beat the Zacks Consensus Estimate of $2.85. Earnings also improved 18.3% on a year-over-year basis and 11% at constant currency (cc). Becton Dickinson, also known as BD, raked in revenues of $4.28 billion, surpassing the Zacks Consensus Estimate of $4.24 billion. […]

Stock Analysts

United Therapeutics (UTHR) Q2 Earnings Flat Y/Y, Shares Dip

United Therapeutics Corporation UTHR reported adjusted earnings of $4.36 per share for the second quarter of 2018, flat year over year. Adjusted earnings excluded the impact of share-based compensation expenses. Including share-based compensation expenses, earnings came in at $3.98 per share versus a loss of $1.25 per share in the year-ago quarter. […]

Stock Analysts

Ryanair (RYAAY) Pilots in Sweden & Belgium to Begin a Strike

Per Reuters , Ryanair Holdings PLC ’s RYAAY pilots in Sweden and Belgium will begin a strike on Aug 10. Further worsening the situation, the airline may face another set of walkouts on the same day in Germany and the Netherlands. The Swedish Airline Pilots Association representing around 40 Ryanair staff alleged that the airline’s management has failed to meet the union representatives for more than eight months […]

Economic Data

Trade War Fears Haunt Investors Again

Like Thursday-morning clockwork, new Initial Jobless Claims for last week have been released before today’s opening bell. They further push the narrative that we are sturdily within an historically low range of new claims: 218K, up 1000 from the unrevised previous week’s 217K and keeping the 4-week average squarely within the 200-225K range that we thought impossible not all too long ago. […]