Mergers & Acquisitions

NexPoint Advisors Proposes Merger Transaction to Sierra Income Corporation and Medley Capital Corporation Boards, Offers $225 Million of Net Value in Favor of Stockholders Over Existing Proposal

NexPoint Advisors Proposes Merger Transaction to Sierra Income Corporation and Medley Capital Corporation Boards, Offers $225 Million of Net Value in Favor of Stockholders Over Existing Proposal NexPoint Announces Recent Submissions of Management Proposals to Special Committees of the Sierra Income Corporation and Medley Capital Corporation Boards of Directors PR Newswire DALLAS, Feb. 1, 2019 DALLAS , Feb. 1, 2019 /PRNewswire/ — NexPoint Advisors, L.P. […]

Mergers & Acquisitions

American Media, LLC Acquires The Adventure Sports Network From TEN: Publishing

American Media, LLC Acquires The Adventure Sports Network From TEN: Publishing PR Newswire NEW YORK, Feb. 1, 2019 NEW YORK , Feb. 1, 2019 /PRNewswire/ — American Media, LLC, a leading publisher of celebrity journalism, health and fitness, and lifestyle brands, today announced that it acquired the media assets comprising TEN: Publishing’s Adventure Sports Network (ASN) […]

Stock Analysts

NuStar’s (NS) Q4 Earnings Lag Estimates, Sales & DCF Up Y/Y

NuStar Energy L.P. NS reported fourth-quarter 2018 adjusted earnings per limited partner unit of 9 cents, missing the Zacks Consensus Estimate of 16 cents due to an increase in storage operating costs. However, its bottom line was higher than the year-ago quarter’s breakeven earnings per unit, given a boost from Pipeline and Fuels Marketing segments […]

Stock Analysts

Novo Nordisk (NVO) Q4 Earnings Miss Estimates, Revenues Beat

Novo Nordisk A/S NVO reported fourth-quarter 2018 earnings of 53 cents, per American Depositary Receipt (“ADR”), which missed the Zacks Consensus Estimate of 57 cents. The reported figure was flat compared with the year-ago quarter. Quarterly revenues were up 3% year over year (up 6% in local currency) to $4.55 billion […]

Stock Analysts

Cognizant (CTSH) Q4 Earnings: Is a Disappointment in Store?

Cognizant Technology Solutions Corp CTSH is set to report fourth-quarter 2018 results on Feb 6. The company’s earnings have beaten the Zacks Consensus Estimate in all of the trailing four quarters, delivering average positive surprise of 5.2%. In the last reported quarter, Cognizant’s non-GAAP earnings of $1.19 per share beat the Zacks Consensus Estimate by six cents and increased 21.4% from the year-ago quarter […]

Stock Analysts

Diageo (DEO) Posts Strong 1H19 Earnings, Ups FY19 Sales View

Diageo plc DEO reported interim results for the first half of fiscal 2019, ended Dec 31, 2018 (first half of fiscal 2019), wherein pre-exceptional earnings per share improved 13.6% year over year to 77 pence (in local currency). This was backed by a higher organic operating profit and lower finance charges, which negated impacts of increased tax expenses and unfavorable currency. Diageo’s stock has surged nearly 5.6% yesterday […]

Stock Analysts

Electronic Arts (EA) to Report Q3 Earnings: What’s in Store?

Electronic Arts EA is scheduled to report third-quarter fiscal 2019 results on Feb 5. The company beat the Zack Consensus Estimate in all the trailing four quarters, with the average positive surprise being 104.51%. In the last reported quarter, EA reported earnings of 83 cents per share against a loss of 7 cents per share in the year-ago quarter […]