Stock Analysts

Seagate (STX) to Report Q2 Earnings: Disappointment in Store?

Seagate Technology Plc STX is scheduled to release second-quarter fiscal 2019 results on Feb 4. The company has surpassed the Zacks Consensus Estimate in the trailing four quarters, recording average positive surprise of 8.6%. Seagate delivered first-quarter fiscal 2019 non-GAAP earnings per share of $1.70 per share, which surpassed the Zacks Consensus Estimate of $1.55 per share. […]

Stock Analysts

AMD Misses on Q4 Earnings & Revenues Estimates, Shares Down

Advanced Micro Devices AMD reported fourth-quarter 2018 non-GAAP earnings of 8 cents per share which missed the Zacks Consensus Estimate by a penny. However, the bottom line was up by 7 cents from the year-ago period but down 38.5% sequentially. Revenues increased 6% year over year to $1.42 billion but lagged the Zacks Consensus Estimate of $1.44 billion. […]

Stock Analysts

Microsoft a Must Buy Ahead of Q2 Earnings

Tech giant Microsoft Corporation MSFT is scheduled to report second-quarter fiscal 2019 results after market close on Jan 30. The company’s initiatives to become a more cloud-centric company and its shift from softwarelicensing to a subscription model for its ever-present Office software has propelled the company. The software giant has more than doubled its share price in the past three years and has surpassed the broader S&P 500 in the said period (+88.1% vs 36.7%) […]

Stock Analysts

AK Steel (AKS) Beats Q4 Earnings, Misses Sales Estimates

AK Steel Holding Corporation AKS posted net income of $33.5 million or 11 cents per share in the fourth quarter of 2018, against a net loss of $80.4 million or 26 cents in the prior-year quarter. The company entered into a de-risking pension annuity transaction in the quarter and incurred a pension settlement charge of $14.5 million. […]

Mergers & Acquisitions

REIT INDEXPLUS Income Fund Reminds Investors of the Upcoming Merger and Announces a Special Distribution

REIT INDEXPLUS Income Fund Reminds Investors of the Upcoming Merger and Announces a Special Distribution Canada NewsWire CALGARY, Jan. 30, 2019 CALGARY , Jan. 30, 2019 /CNW/ – REIT INDEXPLUS Income Fund (the “Fund”) (TSX: IDR.UN) wishes to remind investors that the monthly cash distribution for January will be paid on February 6, 2019 , prior to the upcoming merger of Global Real Estate Dividend Growers Corp. […]