Stock Analysts
Public Service Enterprise (PEG) Q4 Earnings: What’s in Store?
Public Service Enterprise Group Inc. PEG is scheduled to report fourth-quarter and 2018 results on Feb 27, before the opening bell. […]
Month: February 2019
Stock Analysts
Can Strategies to Boost Sales Help Conagra Pare Hurdles?
With rising costs and stiff competition weighing on the performance of most food companies, few players like Conagra Brands, Inc. CAG are relying on efficient strategies to ensure profitability and stay afloat. Let’s take a closer look […]
Stock Analysts
DexCom’s (DXCM) Q4 Earnings Beat, International Revenues Up
DexCom, Inc. DXCM reported adjusted earnings of 54 cents per share in the fourth quarter of 2018, which outpaced the Zacks Consensus Estimate of 16 cents. […]
Stock Analysts
ITT Tops Q4 Earnings Estimates, Makes Multiple Announcements
ITT Inc. ITT kept its earnings streak alive in the fourth quarter of 2018, pulling off a positive earnings surprise of 10.81%. […]
Stock Analysts
Citi’s Long-Term Ratings Upgraded by Moody’s, Outlook Stable
Moody's Investors Service, a rating arm of Moody's Corporation MCO , has upgraded the long-term ratings of Citigroup C and its subsidiaries, including the principal bank subsidiary, Citigroup, N.A., as a result of the review commenced on Nov 29, 2018. Further, the rating agency affirmed all short-term ratings. Also, the ratings outlook is stable. […]
Stock Analysts
Roche (RHHBY) to Acquire Spark Therapeutics for $4.8 Billion
Roche Holding AG RHHBY announced that it has entered into a definitive agreement to acquire Philadelphia-based gene therapy company Spark Therapeutics, Inc. ONCE at a price of $114.50 per share in an all-cash transaction. This price represents a premium of about 122% to Spark Therapeutics’ closing price on Feb 22, 2019 […]
Stock Analysts
Increased Costs to Hurt Habit Restaurants (HABT) Q4 Earnings
The Habit Restaurants, Inc. HABT is scheduled to report fourth-quarter 2018 results on Feb 28, after the market closes. The company’s various promotional and marketing efforts are supposed to have aided the overall top line in the to-be-reported quarter. […]
Stock Analysts
Estee Lauder Hits 52-Week High: What’s Behind the Rally?
Shares of The Estee Lauder Companies Inc. EL touched a 52-week high of $159.07, before closing the session a tad lower at $158.98 on Feb 22. […]
Technicals
Yandex (YNDX) in Focus: Stock Moves 6% Higher
Yandex N.V. YNDX was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session […]
Technicals
Boyd Gaming (BYD) Soars: Stock Adds 9.6% in Session
Boyd Gaming Corporation BYD was a big mover last session, as the company saw its shares rise nearly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. […]
Mergers & Acquisitions
KnowBe4 Expands into Brazil with the Acquisition of El Pescador
KnowBe4 Expands into Brazil with the Acquisition of El Pescador Provider of the world’s largest library of security awareness training materials adds Brazilian content provider to its portfolio to battle cybersecurity attacks PR Newswire TAMPA BAY, Fla. and SAO PAULO, Feb. 25, 2019 TAMPA BAY, Fla. […]
Mergers & Acquisitions
Noble Corporation plc Announces Cash Tender Offers For Senior Notes By Wholly-Owned Subsidiary
Noble Corporation plc Announces Cash Tender Offers For Senior Notes By Wholly-Owned Subsidiary PR Newswire LONDON, Feb. 25, 2019 LONDON , Feb. 25, 2019 /PRNewswire/ — Noble Corporation plc (“Noble-UK”) (NYSE: NE) announced today, on behalf of its indirect, wholly-owned subsidiary, Noble Holding International Limited (“NHIL”), that NHIL has commenced cash tender offers (the “Tender Offers”) for up to an aggregate principal amount that will not result in an Aggregate Purchase Price (as defined below) that exceeds $400,000,000 (subject to increase or decrease by NHIL, the “Aggregate Maximum Tender Amount”) of NHIL’s bonds as identified in the table below (collectively, the “Notes”): Title of Notes CUSIP Number (1) Aggregate Principal Amount Outstanding Tender Cap Acceptance Priority Level Tender Offer Consideration (2) Early Tender Premium (2) Total Consideration (2)(3) 4.90% Senior Notes due 2020 (the “2020 Notes”) 65504LAC1 $65,893,000 N/A 1 $925.00 $30.00 $955.00 4.625% Senior Notes due 2021 (the “2021 Notes”) 65504LAF4 $93,142,000 N/A 2 $940.00 $30.00 $970.00 3.95% Senior Notes due 2022 (the “2022 Notes”) 65504LAJ6 $41,706,000 N/A 3 $875.00 $30.00 $905.00 7.75% Senior Notes due 2024 (the “2024 Notes”) 65504LAP2 $800,824,000 N/A 4 $875.00 $30.00 $905.00 5.95% Senior Notes due 2025* (the “2025 Notes”) 65504LAN7 $450,000,000 N/A 5 $870.00 $30.00 $900.00 5.25% Senior Notes due 2042 (the “2042 Notes”) 65504LAK3 $483,619,000 $50,000,000 (4) 6 $610.00 $30.00 $640.00 * The interest rate for the 2025 Notes has been increased to 7.95% pursuant to the terms of the indenture governing the 2025 Notes […]
Stock Analysts
TriMas (TRS) to Report Q4 Earnings: What’s in the Offing?
TriMas Corporation TRS is scheduled to report fourth-quarter 2018 results on Feb 28, before the opening bell. In the last reported quarter, this diversified global manufacturer of engineered and applied products delivered year-over-year improvement of 23% in earnings as higher sales level, improved operating performance and prior realignment actions offset the impact of rising material costs. […]
Stock Analysts
Factors Likely to Influence ANSYS’ (ANSS) Earnings in Q4
ANSYS ANSS is set to report fourth-quarter 2018 results on Feb 27. The company beat the Zacks Consensus Estimate in the trailing four quarters, delivering average positive surprise of 17.7%. In the last reported quarter, ANSYS reported non-GAAP earnings of $1.31 per share (per ASC 606), surpassing the Zacks Consensus Estimate of $1.04 […]
Stock Analysts
Here’s Why Lamb Weston (LW) Stock is Worth Giving a Shot Now
Lamb Weston Holdings, Inc. LW is worth giving a shot now, as the company’s solid price/mix, impressive global segment and strong limited time offers (LTOs) are likely to fuel growth. These factors have helped this frozen potato products provider put up a robust past record and should aid further momentum at Lamb Weston, which belongs to the Food – Miscellaneous industry […]
Stock Analysts
Things You Need to Know Before Foot Locker’s (FL) Q4 Earnings
Foot Locker, Inc. FL is scheduled to release fourth-quarter fiscal 2018 results on Mar 1. In the trailing four quarters, the company’s bottom line has outperformed the Zacks Consensus Estimate by average of 6.8%. […]
Stock Analysts
Is a Beat in Store for Denbury (DNR) This Earnings Season?
Denbury Resources Inc DNR is expected to release fourth-quarter 2018 results on Feb 27. The Plano, TX-based company has an impressive earnings surprise history. The company beat the Zacks Consensus Estimate in all of the prior four quarters, the average being 42.4% […]
Stock Analysts
Innophos (IPHS) Earnings Top Estimates in Q4, Sales Flat Y/Y
Innophos Holdings, Inc. IPHS swung to a profit of around $4.8 million or 24 cents per share in fourth-quarter 2018 from a loss of roughly $11.3 million or 58 cents a year. […]
Stock Analysts
5 Stocks to Gain From Rising Use of Mobile Payments
Mobile payments have revolutionized the way we spend, helping make contactless payment through a smartphone. Needless to say, consumers nowadays are more willing than ever to use mobile devices to split a bill, pay back a friend or pay a babysitter. So, how does mobile payment work? […]
Stock Analysts
U.S., China Move Closer to Trade Deal: 6 Winners
On Feb 24, President Trump said he has decided to delay additional tariffs on Chinese goods that were to come into effect from Mar 1. Trump said significant progress was made during last week’s negotiations. He also stated that a meeting between him and President Xi was likely before the end of March. […]