Month: February 2019

On Feb 25, we issued an updated research report on Packaging Corporation of America PKG . The company is poised to gain from solid demand for both of its segments and the e-commerce boom that will fuel demand for boxes. […]

Euronet Worldwide, Inc . EEFT is well poised for growth on the back of solid segmental performances, strategic expansion and sturdy balance sheet. Over the past 30 days, the company’s earnings estimates for 2019 and 2020 have been revised upward by 0.9% and 2.2%, respectively […]

AutoZone, Inc. AZO has reported earnings of $11.49 per share in the second quarter of fiscal 2019 (ended Feb 9, 2019), up from $10.38 in the prior-year quarter. […]

Bank of Hawaii Corporation BOH chairman, president and chief executive officer (CEO) — Peter Ho — has received about 3% pay hike in his base salary for 2019, along with $2-million cash incentive award approval, per the U.S. Securities and Exchange Commission. The new base salary of $825,000 would be effective from April, up from $800,000 in 2018 and $780,000 in 2017. […]

CenterPoint Energy, Inc. CNP is set to report fourth-quarter and 2018 results on Feb 28, before the opening bell. In the last reported quarter, the company witnessed a negative earnings surprise of 4.88% […]

Sanofi SNY and partner Regeneron Pharmaceuticals, Inc. REGN strongly disagreed with a Delaware jury verdict that upheld the validity of three of five asserted claims of two U.S. patents owned by Amgen, Inc […]

CRISPR Therapeutics CRSP and its partner Vertex Pharmaceuticals VRTX announced the dosing of the first patient in a phase I/II study evaluating the CRISPR/Cas9 gene-editing therapy, CTX001, in patients with beta thalassemia, a form of anemia. This is the first in-human use of CTX001 in any clinical study. The companies also enrolled first patients in another phase I/II study evaluating CTX001 in patients with severe sickle cell disease (“SCD”), a severe hereditary form of anemia. […]

PG&E Corporation PCG is set to report fourth-quarter and 2018 results on Feb 28, before the opening bell. In the last reported quarter, the company delivered a positive earnings surprise of 0.89%. Moreover, the bottom line surpassed the Zacks Consensus Estimate in two of the trailing four quarters, the average beat being 0.66% […]

Texas Capital Bancshares ’ TCBI ratings have been recently affirmed by Moody's Investors Service, the rating arm of Moody's Corporation MCO . Moody's affirmed the company’s standalone baseline credit assessment (BCA) at baa2, while its long-term issuer rating is Baa3. […]

Intel INTC made a number of announcements at the Mobile World Congress (MWC) 2019 in Barcelona. The company introduced the Intel FPGA Programmable Acceleration Card N3000 or Intel FPGA PAC N3000. This solution is aimed at accelerating “virtualized network functions”, including 5G radio access networks (RAN) and other core network-based applications […]

2U, Inc. TWOU reported fourth-quarter 2018 adjusted earnings of 23 cents per share that beat the Zacks Consensus Estimate by 3 cents. The figure also surged 64.3% year over year […]

Clean Harbors, Inc. CLH is scheduled to report fourth-quarter 2018 earnings on Feb 27, before market open. Strength across segments, pricing initiatives and contribution from Veolia acquisition are likely to boost Clean Harbors’ revenues […]

The J. M. Smucker Company SJM reported third-quarter fiscal 2019 results, wherein both top and bottom lines beat the Zacks Consensus Estimate and the former improved year over year. […]

Athene Holding Ltd .’s ATH fourth-quarter 2018 net operating income of $1.23 per share beat the Zacks Consensus Estimate by a cent. The bottom line, however, declined 23.1% year over year attributable to higher other liability costs resulting from equity market depreciation. Including one-time items, net loss was 53 cents per share against income of $2.22 per share in the year-ago quarter. […]

Microsoft MSFT put up an impressive performance at this year’s Mobile World Congress (MWC), held in Barcelona. The company rolled out its HoloLens 2 mixed-reality (MR) headsets and demonstrated use cases, focused on enhancing business value. […]

Sempra Energy ’s SRE fourth-quarter 2018 adjusted earnings per share (EPS) came in at $1.56, beating the Zacks Consensus Estimate of $1.47 by 6.1%. The bottom line also improved 1.3% from $1.54 registered in the prior-year quarter. […]

Sunrun Inc . RUN is set to release fourth-quarter and 2018 results on Feb 28, after the market closes. In the last reported quarter, the company witnessed a negative earnings surprise of 105.88% […]