Stock Analysts

MACOM (MTSI) Misses Earnings and Revenue Estimates in Q3

MACOM Technology Solutions Holdings, Inc. MTSI delivered fiscal third-quarter 2018 non-GAAP earnings of 13 cents per share, surpassing the Zacks Consensus Estimate by a cent and also came within management’s guided range. The figure remained flat on a sequential basis but declined drastically by 80.6% from the year-ago quarter […]

Stock Analysts

Olin Corp (OLN) Q2 Earnings Top, Revenues Lag Estimates

Olin Corporation OLN logged a profit of $58.6 million or 35 cents per share in second-quarter 2018 against net loss of $5.9 million or 4 cents a year ago. Barring one-time items, earnings came in at 54 cents per share in the quarter, beating the Zacks Consensus Estimate of 39 cents. Revenues rose roughly 13% year over year to $1,728.4 million, missing the Zacks Consensus Estimate of $1,773 million […]

Stock Analysts

Molson Coors (TAP) Stock Declines Despite Q2 Earnings Beat

Molson Coors Brewing Company TAP reported a solid second-quarter 2018, wherein both the top and the bottom lines surpassed estimates. The reported quarter reflected an improvement from the dismal first-quarter 2018 results. In fact, this marked the company’s first top-line beat, after reporting sales miss for seven consecutive quarters. […]

Stock Analysts

Charter Communications (CHTR) Q2 Earnings & Revenues Beat

Charter Communications Inc. CHTR reported second-quarter 2018 adjusted earnings of $1.15 per share that beat the Zacks Consensus Estimate by 20 cents and surged 121.2% from the year-ago quarter. Revenues increased 4.8% year over year to $10.85 billion that beat the Zacks Consensus Estimate of $10.84 billion […]

Economic Data

Strongest Jobs Levels Since the Hippie Era

Wednesday, August 1, 2018 We see another strong private-sector jobs report released by ADP ADP before the bell today, the first Wednesday of a new month. The headline number was once again higher than consensus estimates: 219K new non-government, non-farm jobs were produced in July, up big from the expected 185K. June’s total was revised upward another 4,000 jobs to 181K […]

Mergers & Acquisitions

BASF closes acquisition of businesses and assets from Bayer

BASF closes acquisition of businesses and assets from Bayer Canada NewsWire MISSISSAUGA, ON, Aug. 1, 2018 Complements own crop protection, biotech and digital activities; marks entry into seeds, non-selective herbicides, nematicide seed treatments Creates new opportunities for innovation and growth About 4,500 experienced employees join Agricultural Solutions team MISSISSAUGA, ON , Aug. […]