Mergers & Acquisitions

Arsenal Capital Partners Completes Acquisition Of Clariant’s Healthcare Packaging Business

Arsenal Capital Partners Completes Acquisition Of Clariant’s Healthcare Packaging Business Company to Be Rebranded as Airnov Healthcare Packaging; Matthias Brommer Named President and Managing Director PR Newswire NEW YORK, Oct. 31, 2019 NEW YORK , Oct. 31, 2019 /PRNewswire/ — Arsenal Capital Partners (“Arsenal”), a leading private equity firm investing in specialty industrials and healthcare companies, announced today that it has completed the acquisition of Clariant’s healthcare packaging business. […]

Stock Analysts

CDW Q3 Earnings and Revenues Surpass Estimates, Rise Y/Y

CDW Corporation’s CDW third-quarter 2019 non-GAAP earnings per share rose 19.8% year over year to $1.7 and also beat the Zacks Consensus Estimate of $1.58. Further, revenues of $4.91 billion in the reported quarter marked a year-over-year rise of 12.2% and also topped the Zacks Consensus Estimate of $4.64 billion. Moreover, revenues were up 12.7% in constant currency (cc) […]

Stock Analysts

What to Expect From Tenet Healthcare’s (THC) Q3 Earnings

Tenet Healthcare Corporation THC will report third-quarter 2019 results on Nov 4, after market close. The Zacks Consensus Estimate for earnings is pegged at 28 cents, indicating a 3.4% decline from the year-ago reported figure. In the last reported quarter, the company’s earnings of 56 cents per share, beat the Zacks Consensus Estimate by 27.3% and grew 14.3% year over year. […]

Stock Analysts

Aegion’s (AEGN) Q3 Earnings Meet Estimates, Revenue Miss

Aegion Corporation AEGN reported mixed third-quarter 2019 results, wherein earnings met the Zacks Consensus Estimate, while revenues missed the same due to lower revenues across segments and margin pressure. Notably, the company lowered Infrastructure Solutions and Corrosion Protection’s revenue projection. Adjusted earnings per share (EPS) of 40 cents declined 11.1% from the year-ago profit level […]

Stock Analysts

Owl Rock Capital’s (ORCC) Q3 Earnings Fall Y/Y on Cost Woes

Owl Rock Capital Corporation ’s ORCC third-quarter 2019 earnings per share of 31 cents declined 29.5% year over year due to rise in expenses, which outpaced growth in net investment income. Net investment income of the company jumped 92.6% year over year to $137.9 million on the back of higher investment portfolio. Results in Detail In the quarter, new investment commitments decreased 10.1% year over year to $1.5 billion. […]

Stock Analysts

Why Ryder (R) Stock is Down 12.1% Since Q3 Earnings Report

Shares of Ryder System R continued with a downward trend on the bourse over the past year, partly due to softness in used vehicle sales. In a year’s time, the stock has shed 14.3% of value versus its industry ’s 9.8% growth. Moreover, the company’s third-quarter 2019 earnings report, released on Oct 29, offered no respite to its beleaguered stock as the bottom line declined 7.3% year over year. […]