Technicals
Cigna (CI) Misses Q4 Earnings Estimates
Cigna (CI) came out with quarterly earnings of $2.46 per share, missing the Zacks Consensus Estimate of $2.53 per share. This compares to earnings of $1.94 per share a year ago. […]
Month: February 2019
Technicals
Weyerhaeuser (WY) Misses Q4 Earnings and Revenue Estimates
Weyerhaeuser (WY) came out with quarterly earnings of $0.10 per share, missing the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items. […]
Stock Analysts
Eastman Chemical’s (EMN) Q4 Earnings, Revenues Lag Estimates
Eastman Chemical Company EMN saw its profits tumble in the fourth quarter of 2018, hurt by lower demand for its specialty products in China and increased raw material, energy and distribution costs. The chemical maker recorded profit of $34 million or 24 cents per share for the quarter, down roughly 93% from the year-ago profit of $491 million or $3.39. […]
Stock Analysts
Deutsche Bank (DB) Reports Loss in Q4 on Lower Revenues
Deutsche Bank DB reported net loss of €409 million ($467.1 million) in fourth-quarter 2018 compared with a loss of €2.4 billion in the year-ago quarter. The bank incurred loss before taxes of €319 million ($364.3 million). Lower revenues and higher provisions were the key undermining factors. […]
Stock Analysts
ABIOMED (ABMD) Q3 Earnings Beat, Impella Maintains Momentum
ABIOMED, Inc. ABMD reported third-quarter fiscal 2019 earnings of 97 cents per share, which surpassed the Zacks Consensus Estimate of 94 cents. […]
Stock Analysts
5 ROE Stocks to Profit Amid Soft Earnings Season
After a flurry of solid back-to-back performance in the past few quarters, fourth-quarter earnings season has flagged off on an unimpressive note. This, coupled with decline in 2019 estimates, reflects the widespread fear that the trend is reversing. With a global economic slowdown, the fourth quarter is expected to register soft earnings and revenue growth on a year-over-year basis […]
Stock Analysts
SkyWest (SKYW) Q4 Earnings & Revenues Top on Fleet Upgrade
SkyWest, Inc . SKYW delivered better-than-expected results in the fourth quarter of 2018. […]
Mergers & Acquisitions
UPL Completes the Acquisition of Arysta LifeScience
UPL Completes the Acquisition of Arysta LifeScience Launches its New purpose Open Agriculture (‘OpenAg’) PR Newswire NEW YORK, Feb, 1, 2019 NEW YORK , Feb, 1, 2019 /PRNewswire/ — UPL Limited (“UPL”) today announced the completion of its acquisition of Arysta LifeScience Inc. (“Arysta”) from Platform Specialty Products for US$4.2 billion . […]
Mergers & Acquisitions
Delta 9 Closes sale of Calgary facility to Westleaf
Delta 9 Closes sale of Calgary facility to Westleaf PR Newswire WINNIPEG, Feb. 1, 2019 WINNIPEG , Feb. […]
Mergers & Acquisitions
Thor Announces Closing of Erwin Hymer Group Acquisition
Thor Announces Closing of Erwin Hymer Group Acquisition – Combination creates the global leader in the recreational vehicle market – Acquisition consistent with Thor’s long-term strategic growth plan – Carve out of Erwin Hymer Group’s North American operations from the transaction resulted in a purchase price reduction of €170 million, and a €180 million reduction in the obligations the Company would have otherwise assumed under the terms of the original stock purchase agreement PR Newswire ELKHART, Ind., Feb. 1, 2019 ELKHART, Ind. , Feb […]
Mergers & Acquisitions
Lilly and Loxo Oncology Announce Expiration of HSR Act Waiting Period in Connection with Proposed Transaction
Lilly and Loxo Oncology Announce Expiration of HSR Act Waiting Period in Connection with Proposed Transaction PR Newswire INDIANAPOLIS and STAMFORD, Conn., Feb. 1, 2019 INDIANAPOLIS and STAMFORD, Conn. , Feb […]
Stock Analysts
Atkore (ATKR) to Report Q1 Earnings: What’s in the Cards?
Atkore International Group Inc. ATKR is scheduled to release first-quarter fiscal 2019 results, before the opening bell on Feb 6. […]
Mergers & Acquisitions
RJ Young Acquires Office Equipment Provider, Digitec, in Jackson, Mississippi
RJ Young Acquires Office Equipment Provider, Digitec, in Jackson, Mississippi RJ Young announced today they have completed the acquisition of Digitec. PR Newswire NASHVILLE, Tenn., Feb. 1, 2019 NASHVILLE, Tenn. […]
Mergers & Acquisitions
BGC Partners Completes Acquisition of Ed Broking Group Limited
BGC Partners Completes Acquisition of Ed Broking Group Limited PR Newswire LONDON, Feb. 1, 2019 LONDON , Feb. […]
Momentum Stocks
Bear of the Day: Blackrock Capital
Bear of the Day – BlackRock Capital Investment Corp. BlackRock Capital (BKCC) is a class of investment known as a “Business Development Company” (BDC) which were created by a 1980 amendment to the Investment Company Act of 1940. BDCs are unregulated closed-end investment companies that invest in small and mid-sized businesses. […]
Momentum Stocks
Bull of the Day: Northrop Grumman
With an annual budget north of $4.4 trillion, The U.S. is the largest single consumer of virtually everything it purchases. The defense portion of U.S. […]
Mergers & Acquisitions
Anadarko Announces LNG Sale and Purchase Agreement With CNOOC
Anadarko Announces LNG Sale and Purchase Agreement With CNOOC PR Newswire HOUSTON, Feb. 1, 2019 HOUSTON , Feb. […]
Mergers & Acquisitions
ARRIS Stockholders Approve Acquisition By CommScope
ARRIS Stockholders Approve Acquisition By CommScope Transaction expected to close in first half of 2019, subject to regulatory approvals Combined company expected to help shape the future of connected communications PR Newswire SUWANEE, Ga., Feb. 1, 2019 SUWANEE, Ga. […]
Mergers & Acquisitions
Avison Young completes acquisition of U.K.-based GVA; two companies combine under Avison Young name and brand
Avison Young completes acquisition of U.K.-based GVA; two companies combine under Avison Young name and brand PR Newswire TORONTO, Feb. 1, 2019 Canada -based firm expands to 5,000 professionals in 120 offices in 20 countries; combination establishes Avison Young as the global, disruptive challenger brand TORONTO , Feb. […]
Stock Analysts
Check Point’s (CHKP) Q4 Earnings and Revenues Beat Estimates
Check Point Software Technologies Ltd. CHKP reported solid fourth-quarter 2018 results wherein both the top line and bottom line beat the Zacks Consensus Estimate. The company’s non-GAAP earnings per share of $1.68 beat the Zacks Consensus Estimate of $1.63 […]