Stock Market News
UPDATE 2-Egyptian firm to buy $15 billion in Israeli natural gas
Mon, 19 Feb 2018 18:25:49 GMT
TEL AVIV, Feb 19 (Reuters) - An Egyptian company will buy $15 billion of Israeli natural gas in two 10-year agreements announced on Monday, marking a major export deal that Israel hopes will strengthen diplomatic ties.
Uber suspends service in Morocco after two years
Mon, 19 Feb 2018 18:23:22 GMT
BRUSSELS, Feb 19 (Reuters) - Uber said on Monday it would suspend operations in Morocco, two years after they began, as it tries to bring its business into line with local laws.
Cleanup underway after Centurion pipeline oil spill in Oklahoma -media
Mon, 19 Feb 2018 18:18:21 GMT
Feb 19 (Reuters) - A cleanup is underway after oil spilled into a pond from a pipeline that burst near a neighborhood in Yukon, Oklahoma, early on Sunday, media website news9.com reported.
UPDATE 1-ProSieben in exclusive talks with General Atlantic on digital stake sale- sources
Mon, 19 Feb 2018 18:03:33 GMT
MUNICH/FRANKFURT, Feb 19 (Reuters) - ProSiebenSat.1 Media SE is in exclusive talks with private equity firm General Atlantic over the sale of a minority stake in its digital business, two people with direct knowledge of the matter said on Monday.
BRIEF-Orsted Says Is In Discussions Regarding 50 Pct Farm-Down Of Hornsea 1
Mon, 19 Feb 2018 17:38:37 GMT
* ORSTED COMMENTS ON MEDIA SPECULATION REGARDING A 50% FARM-DOWN OF HORNSEA 1
Kentucky accuses Cardinal Health of contributing to opioid epidemic
Mon, 19 Feb 2018 17:32:30 GMT
Feb 19 (Reuters) - Kentucky's attorney general on Monday accused the drug distributor Cardinal Health Inc of contributing to the opioid epidemic by failing to halt or report suspiciously large or frequent orders by pharmacies of prescription painkillers.
Brazil's Senate head says Rio military intervention blocks pension vote
Mon, 19 Feb 2018 17:27:14 GMT
BRASILIA, Feb 19 (Reuters) - Eunicio Oliveira, the head of Brazil's Senate, said on Monday that the federal government's military intervention in Rio de Janeiro would, by the rules of the country's constitution, block any vote on pension reform or any other measure requiring a constitutional amendment.
BRIEF-Crawford & Co Expands Its Service Portfolio In Australia To Include Workers' Compensation
Mon, 19 Feb 2018 17:09:59 GMT
* CRAWFORD & CO - EXPANSION OF ITS SERVICE PORTFOLIO IN AUSTRALIA TO INCLUDE WORKERS' COMPENSATION Source text for Eikon: Further company coverage:
EMERGING MARKETS-Brazil stocks up on corporate newsflow; trading volumes thin
Mon, 19 Feb 2018 17:09:23 GMT
By Bruno Federowski SAO PAULO, Feb 19 (Reuters) - Brazilian stocks rose on Monday on thin trading volumes following a heavy batch of corporate updates. The benchmark Bovespa stock index rose 0.3 percent, supported by shares of state-controlled oil company Petróleo Brasileiro SA on the heels of rising crude prices. Shares in electronics and appliance retailer Via Varejo SA rose 1.1 percent following solid fourth-quarter earnings figures. Fibria Celulose SA and Suzano Papel e
BRIEF-Chicago Rivet & Machine Increases Qtrly Cash Dividend By 5 Pct To 21 Cents/Share
Mon, 19 Feb 2018 16:54:42 GMT
* ‍DIRECTORS ALSO DECLARED AN EXTRA DIVIDEND OF 30 CENTS PER SHARE, PAYABLE MARCH 20, 2018​
Cohu Inc. (COHU) Tumbled To A 5-Month Low After Q4 Miss
Mon, 19 Feb 2018 12:30:33 GMT
Cohu Inc. (COHU) reported fourth quarter adjusted EPS of $0.28 after the bell Thursday, compared to $0.24 last year. Analysts expected EPS of $0.31.
Ryder System Inc. (R) Pulled Back After Q4 Report
Mon, 19 Feb 2018 12:20:33 GMT
Ryder System Inc. (R) reported fourth quarter EPS of $1.37 Friday morning, up from $1.07 in the previous year. Analysts expected EPS of $1.36.
Arista Networks Inc. (ANET) Fell To Over A 1-Month Low After Q4 Report
Mon, 19 Feb 2018 12:10:33 GMT
Arista Networks Inc. (ANET) reported fourth quarter non-GAAP EPS of $1.71 after the close Thursday, compared to $1.04 last year. Revenues increased 6.9 percent to $467.9 million. The consensus estimates were for EPS of $1.41 and revenues of $458.67 million.
VF Corp. (VFC) Dropped After Weaker Than Expected Q4 Report
Mon, 19 Feb 2018 12:00:33 GMT
VF Corp. (VFC) reported fourth quarter adjusted EPS of $1.01 Friday morning, which fell short of the consensus estimate of $1.02.
U.S. Steel Corp. (X) Jumped On Potential Steel Tariff
Mon, 19 Feb 2018 11:50:33 GMT
The U.S. Commerce Department recommended Friday that the Trump administration impose tariffs on imports of aluminum and steel. The news drove shares of U.S. Steel (X) higher.
Blackline Inc. (BL) Rose Sharply Following Q4 Report
Mon, 19 Feb 2018 11:40:33 GMT
Blackline Inc. (BL) reported fourth quarter non-GAAP EPS of $0.03 after the close Thursday, compared to the loss of $0.08 a year ago. The company expects to report first quarter non-GAAP EPS of $0.02 to $0.04 and full year non-GAAP EPS of $0.00 to $0.02.
Synchronoss Technologies Inc. (SNCR) Jumped To Over A 2-Week High
Mon, 19 Feb 2018 11:30:33 GMT
Synchronoss Technologies Inc. (SNCR) announced Thursday that it has closed the previously announced sale of $185 million in a newly created series of preferred stock to affiliates of Siris Capital Group.
Sensex Falls 236 Points; Nifty Ends Below 10,400
Mon, 19 Feb 2018 11:21:43 GMT
Indian shares fell notably on Monday after the Rs 11,400 crore banking fraud unearthed at Punjab National Bank last week raised worries over the
European Shares Lackluster After Three Days Of Gains
Mon, 19 Feb 2018 10:08:08 GMT
European stocks were moving in a narrow range on Monday as caution set in after three days of gains.
Bertrandt Q1 Profit Edges Up As Revenues Rise - Quick Facts
Mon, 19 Feb 2018 09:53:41 GMT
German engineering specialist Bertrandt Group (BDTG.DE) reported Monday that its first-quarter post-tax earnings edged up to 11.76 million euros from last year's 11.60 million euros. Earnings per share also grew to 1.17 euros from 1.15 euros last year.
FTSE 100 Lacks Direction After Last Week's Rally
Mon, 19 Feb 2018 09:43:59 GMT
U.K. shares fluctuated on Monday after sharp gains last week as investors brushed aside worries over higher inflation and interest rates.
CAC 40 Little Changed After Friday's Rally
Mon, 19 Feb 2018 09:21:54 GMT
French stocks were little changed in lackluster trade on Monday after a poll showed that president Emmanuel Macron's approval rating has fallen below 50 percent to its lowest level since October last year.
DAX Modestly Higher In Early Trade
Mon, 19 Feb 2018 09:13:41 GMT
German stocks were modestly higher on Monday as oil prices advanced and the dollar steadied against its rivals amid a break for Presidents' Day holiday in the U.S.
Asian Shares Rise In Thin Holiday Trade
Mon, 19 Feb 2018 08:12:53 GMT
Asian stocks closed broadly higher in thin holiday trade on Monday after the
European Shares Seen Opening Up In Thin Trade
Mon, 19 Feb 2018 06:42:38 GMT
European stocks may open on a positive note Monday as investors remain optimistic about global growth.
Sensex, Nifty Open Lower As PSU Banks Tumble
Mon, 19 Feb 2018 04:22:47 GMT
Indian shares opened modestly lower on Monday as worries over the
Sensex, Nifty Seen Up On Global Cues
Mon, 19 Feb 2018 02:51:25 GMT
Indian shares look set to open higher on Monday, tracking firm global markets as investors remain optimistic about global growth.
Mild Upside Seen For Thai Stock Market
Mon, 19 Feb 2018 02:30:32 GMT
The Thai stock market has tracked higher in back-to-back sessions, gathering more than a dozen points or 0.6 percent along the way. The Stock Exchange of Thailand now rests just above the 1,805-point plateau and it figures to tick higher again on Monday.
Indonesia Shares Tipped To Open In The Green
Mon, 19 Feb 2018 02:00:32 GMT
Ahead of Friday's holiday for the Lunar New Year, the Indonesia stock market had ended the three-day winning streak in which it had advanced almost 90 points or 1.8 percent. The Jakarta Composite Index now rests just above the 6,590-point plateau and it may add to its winnings on Monday.
Japan January Trade Deficit Y943.417 Billion
Mon, 19 Feb 2018 00:45:31 GMT
Japan posted a merchandise trade deficit of 943.417 billion yen in January, the Ministry of Finance said on Monday - an improvement of 13.6 percent from a year earlier.
Singapore Bourse May Add To Its Winnings
Mon, 19 Feb 2018 00:00:31 GMT
Ahead of Friday's holiday for the Lunar New Year, the Singapore stock market had bounced higher on Thursday - one session after it had ended the two-day winning streak in which it had gathered almost 40 points or 1.2 percent. The Straits Times Index now rests just beneath the 3,445-point plateau and it's expected to extend its gains on Monday.
Malaysia Shares Inherit Firm Lead For Monday
Sun, 18 Feb 2018 23:30:31 GMT
Ahead of Friday's holiday for the Lunar New Year, the Malaysia stock market had climbed higher in four consecutive trading days, gathering almost 20 points or 1.1 percent along the way. The Kuala Lumpur Composite Index now rests just shy of the 1,840-point plateau and it's called higher again on Monday.
South Korea Shares May Extend Winning Streak
Sun, 18 Feb 2018 23:00:33 GMT
Ahead of the four-day weekend for the Lunar New Year, the South Korea stock market had climbed higher in three straight sessions - collecting almost 60 points or 2.3 percent along the way. The KOSPI now rests just above the 2,420-point plateau and it's expected to catch up on some positive momentum on Monday.
Stocks Close Mixed On The Day But Sharply Higher For The Week - U.S. Commentary
Fri, 16 Feb 2018 21:19:03 GMT
Stocks moved mostly higher in morning trading on Friday but turned mixed over the course of the session. The major averages eventually ended the day on opposite sides of the unchanged line.
Major Averages Seeing Further Upside In Mid-Day Trading - U.S. Commentary
Fri, 16 Feb 2018 16:59:56 GMT
After initially showing a lack of direction, stocks have moved mostly higher over the course of the trading session on Friday. With the upward move, the major averages are adding to the gains posted in the five previous sessions.
Stocks Extending Recent Upward Trend - U.S. Commentary
Fri, 16 Feb 2018 15:46:20 GMT
Stocks are seeing moderate strength in morning trading on Friday after initially showing a lack of direction. The major averages have all climbed into positive territory, extending the upward move seen over the five previous sessions.
Newell earnings edge past estimates, helped by fragrances and containers
Fri, 16 Feb 2018 15:37:00 GMT
Newell Brands reported better-than-expected results and forecast current-quarter sales and profit ahead of estimates.
Campbell Soup organic sales fall as dispute with Walmart continues
Fri, 16 Feb 2018 15:02:00 GMT
Campbell Soup reported a 2 percent drop in organic net sales in its second quarter as a key customer in North America placed fewer orders for its canned soups.
Stocks May Show A Lack Of Direction In Early Trading - U.S. Commentary
Fri, 16 Feb 2018 13:56:38 GMT
Following a five-session winning streak, stocks may show a lack of direction in early trading on Friday. The major index futures are currently pointing to a roughly flat open for the markets, with the Dow futures down by just 4 points.
Coca-Cola Q4 Adj. Profit Meets Estimates, Revenues Beat
Fri, 16 Feb 2018 12:47:07 GMT
Beverages giant Coca-Cola Company on Friday reported a net loss for the fourth quarter, reflecting a one-time charge related to the U.S. tax reform and a double-digit decline in revenues. However, adjusted earnings per share matched analysts' expectations, while revenues beat their estimates. The company's shares are rising more than 2 percent in pre-market activity.
Omnicom Group Inc. (OMC) Pulled Back After Q4 Miss
Fri, 16 Feb 2018 12:20:20 GMT
Omnicom Group Inc. (OMC) reported fourth quarter EPS of $1.09 Thursday morning, down from $1.47 a year ago. The consensus estimate was for EPS of $1.54.
Supply constraints to weigh on Kraft Heinz first-quarter results
Fri, 16 Feb 2018 12:17:00 GMT
Kraft Heinz's revenue missed analysts' expectations on weakening demand from retailers in the United States for processed foods such as peanuts and cheese.
US tractor maker Deere upgrades 2018 outlook on improving equipment demand
Fri, 16 Feb 2018 12:12:00 GMT
U.S. tractor maker Deere said on Friday net sales and revenues rose 23 percent year-on-year to $6.91 billion in the quarter ending Jan. 28.
West Pharmaceutical Services (WST) Fell To A 5-Month Low On Outlook
Fri, 16 Feb 2018 12:10:20 GMT
West Pharmaceutical Services (WST) reported fourth quarter adjusted EPS of $0.64 Thursday morning, compared to $0.54 in the prior year period. Analysts expected EPS of $0.63. Full year 2018 adjusted EPS is expected to be between $2.80 and $2.90. The consensus estimate is for EPS of $2.90.
TreeHouse Foods (THS) Dropped To A 52-Week Low After Q4 Report
Fri, 16 Feb 2018 12:00:20 GMT
TreeHouse Foods (THS) reported fourth quarter adjusted EPS of $1.02 Thursday morning, down from $1.14 a year ago. The consensus estimate was for EPS of $0.93.
Wall Street Poised To Open Higher
Fri, 16 Feb 2018 11:55:06 GMT
A few major companies such as a Coca Cola, Deere, J.M. Smucker Co., Campbell Soup and Kraft Heinz are reporting their earnings results today. U.S. Census Bureau's Housing Starts reports and Michigan University's Consumer Sentiments data are the major economic announcements on Friday.
Coca-Cola beats earnings, as Coke Zero and other new drinks offset flat volume
Fri, 16 Feb 2018 11:52:00 GMT
Coke has been betting on innovation and pricing to counter slowing sales of its core carbonated drinks.
A. Schulman Inc. (SHLM) Jumped To A New High After Bought By LyondellBasell
Fri, 16 Feb 2018 11:50:20 GMT
A. Schulman Inc. (SHLM) announced Thursday morning that it has agreed to be acquired by LyondellBasell (LYB) for $42 per share, approximately $2.25 billion.
AMAG Pharmaceuticals Inc. (AMAG) Jumped After FDA Approval
Fri, 16 Feb 2018 11:40:20 GMT
AMAG Pharmaceuticals Inc. (AMAG) announced Wednesday that the FDA has approved the Makena subcutaneous auto-injector drug-device combination product.
SolarEdge Technologies Inc. (SEDG) Surged TO A New High On Q4 Results
Fri, 16 Feb 2018 11:30:20 GMT
SolarEdge Technologies Inc. (SEDG) reported fourth quarter non-GAAP EPS of $0.85 after the close Wednesday, up from $0.66 in the previous year.
ENI Q4 Profit Surges
Fri, 16 Feb 2018 10:39:18 GMT
ENI SpA (E) Friday reported a surge in fourth quarter net profit attributable to shareholders of 2.10 billion euros, compared to 340 million euros last year. The result excluded special items of 1.995 billion, compared to 117 million euros a year ago. On an adjusted basis, earnings were 975 million euros.
Sensex Tumbles 286 Points After Weak Trade Data; Nifty Nears 10,450
Fri, 16 Feb 2018 10:28:48 GMT
Indian shares fell sharply on Friday as financials succumbed to selling pressure on worries over the Rs 11,300-crore fraud case at Punjab National Bank and weak trade data stirred concerns about the economic outlook.
Portland General Electric Q4 Profit Declines, Initiates FY18 Profit View
Fri, 16 Feb 2018 10:26:17 GMT
Portland General Electric Co. (POR) Friday reported fourth quarter net income of $42 million or $0.48 per share, a decline from $61 million or $0.68 per share a year ago.
European Shares Extend Recovery On Earnings
Fri, 16 Feb 2018 08:52:05 GMT
European stocks extended recovery on Friday as investors shrugged off the possibility of more interest rate hikes from the Federal Reserve and turned their focus to encouraging earnings news.
Asian Shares Rise In Thin Trade
Fri, 16 Feb 2018 07:57:04 GMT
Asian stocks rose on Friday after U.S. shares extended their winning streak to five sessions overnight, shrugging off concerns over inflation and higher interest rates.
Earnings In Focus: Feb. 16 (CPB, DE, SJM)
Fri, 16 Feb 2018 07:31:41 GMT
Check out the few notable companies that are scheduled to report their quarterly financial results on Friday, February 16, 2018.
European Shares Seen Slightly Higher
Fri, 16 Feb 2018 06:38:50 GMT
European stocks may open slightly higher on Friday after U.S. shares closed Thursday's session with strong gains, extending their winning streak to five sessions as investors kept piling into technology stocks.
Sensex Up 115 Points In Early Trade; Nifty Rises 40 Points
Fri, 16 Feb 2018 04:26:46 GMT
Indian shares opened on a positive note on Friday, as investors took weak trade data in their stride and continue to shrug off concerns about interest rate increases in the U.S.
Asian Markets Extend Gains
Fri, 16 Feb 2018 03:03:57 GMT
Asian stock markets are higher on Friday, extending gains from the previous session, after crude oil prices rallied and U.S. stocks extended their winning streak to five sessions overnight as investors largely shrugged off indications of rising inflation. However, trading in the region is subdued as many of the markets are shut for the Lunar New Year holidays.
Sensex, Nifty Seen Higher At Open
Fri, 16 Feb 2018 02:44:02 GMT
Indian shares look set to open higher on Friday, tracking firm global markets as investors continue to shrug off concerns over inflation and higher interest rates.
Japanese Market Advances
Fri, 16 Feb 2018 02:24:56 GMT
The Japanese stock market is advancing on Friday, tracking the overnight gains on Wall Street. Shares of exporters are higher despite a stronger yen.
Thai Stock Market May Extend Thursday's Gains
Fri, 16 Feb 2018 02:00:25 GMT
The Thai stock market bounced higher again on Thursday, one session after it had ended the two-day winning streak in which it had advanced almost 15 points or 0.9 percent. The Stock Exchange of Thailand now rests just above the 1,800-point plateau and it's called higher again on Friday.
Australian Market Extends Gains
Fri, 16 Feb 2018 01:21:09 GMT
The Australian stock market is rising on Friday, extending gains from the previous session, following the strong gains overnight on Wall Street as investors reacted positively to signs of rising U.S. inflation. In addition, upbeat local corporate earnings results boosted investor sentiment.
Cohu Results Miss Street, Outlook Weak; Shares Fall 14%
Thu, 15 Feb 2018 21:42:34 GMT
Cohu Inc. (COHU), a semiconductor testing equipment maker, Thursday reported a fourth-quarter profit and revenues that missed Wall Street estimates. The company also issued a weak sales outlook for the current quarter, sending its shares plummeting down by 14 percent.
Shake Shack beats on earnings, forecasts massive expansion in 2018
Thu, 15 Feb 2018 21:29:00 GMT
Shares of Shake Shack whipsawed after the company posted better-than-expected fourth-quarter earnings.
CBS gains 2% after earnings beat
Thu, 15 Feb 2018 21:01:00 GMT
The broadcast media company's earnings come amid chatter over its potential recombination with Viacom.
NetApp Climbs Off Worst Levels But Remains Firmly Negative
Thu, 15 Feb 2018 20:53:16 GMT
After gapping open sharply lower, shares of NetApp (NTAP) have climbed well off their worst levels but remain firmly negative in late-day trading on Thursday.
Frack sand delays to hurt Halliburton's first-quarter earnings
Thu, 15 Feb 2018 15:27:00 GMT
Halliburton's first-quarter earnings would be reduced by 10 cents per share due to delays in sand deliveries, a company executive said on Thursday.
Tetraphase Pharmaceuticals (TTPH) Plunged To A New Low After Study Failed
Thu, 15 Feb 2018 12:30:27 GMT
Tetraphase Pharmaceuticals (TTPH) announced after the close Tuesday that its Phase 3 study of once-daily intravenous eravacycline compared to ertapenem for the treatment of patients with complicated urinary tract infections did not achieve it co-primary endpoints.
Interpublic Group Of Companies (IPG) Rose To A 6-Month High On Q4 Results
Thu, 15 Feb 2018 12:20:24 GMT
Interpublic Group Of Companies (IPG) reported fourth quarter adjusted EPS of $0.79 Wednesday morning, compared to $0.75 a year ago. Street expectations were for EPS of $0.77.
Regional Management Corp. (RM) Soared To A New High After Q4 Report
Thu, 15 Feb 2018 12:10:24 GMT
Regional Management Corp. (RM) reported fourth quarter EPS of $0.92 after the bell Tuesday, which included a non-cash net tax benefit of $0.27 per share and a research and development tax credit of $0.03 per share.
Sonoco Products Raises FY18 Earnings Outlook - Quick Facts
Thu, 15 Feb 2018 12:01:48 GMT
While reporting its fourth-quarter financial results today, Sonoco Products Co. (SON) raised its earnings outlook for fiscal 2018, citing a lower than expected tax rate following the implementation of the U.S. tax reform.
Layne Christensen CO. (LAYN) Jumped To A New High After Bought By Granite
Thu, 15 Feb 2018 12:00:25 GMT
Layne Christensen Co. (LAYN) announced Wednesday morning that it has agreed to be acquired by Granite Construction Inc. (GVA) for $565 million in a stock-for-stock deal.
Twilio Inc. (TWLO) Rose To Over A 3-Month High On Q4 Results
Thu, 15 Feb 2018 11:50:25 GMT
Twilio Inc. (TWLO) reported a fourth quarter non-GAAP loss of $0.03 per share after the bell Tuesday, compared to the profit of $0.00 per share last year. The consensus estimate was for a loss of $0.06. The company expects to report a first quarter non-GAAP loss of $0.07 to $0.06 for the first quarter and a loss of $0.14 to $0.10 for the full year 2018. Street expectations are for losses of $0.05 and $0.09 respectively.
Infinity Property And Casualty (IPCC) Jumped To A New High After Merger
Thu, 15 Feb 2018 11:40:24 GMT
Infinity Property And Casualty (IPCC) announced after the close Tuesday that it has agreed to be acquired by Kemper Corp. (KMPR) for $129.00 per share, approximately $1.4 billion, in a cash and stock deal.
Fossil Inc. (FOSL) Surged To A 9-Month High On Strong Q4 Earnings
Thu, 15 Feb 2018 11:30:24 GMT
Fossil Inc. (FOSL) reported fourth quarter EPS of $0.64 after the bell Tuesday, down from $1.21 a year ago. The consensus estimate was for EPS of $0.40.
Bombardier Q4 Net Loss Narrows - Quick Facts
Thu, 15 Feb 2018 11:22:35 GMT
Canadian plane and train maker Bombardier Inc. (BBD_B.TO, BBD_A.TO) reported that its net loss for the fourth quarter ended December 31, 2017 narrowed to $109 million or $0.05 per share from $259 million or $0.12 per share in the prior year.
Hecla Mining Slips To Loss In Q4
Thu, 15 Feb 2018 08:44:26 GMT
Hecla Mining Co. (HL) Thursday reported fourth-quarter net loss applicable to common shareholders of $27.89 million or $0.07 per share compared to the profit of $20.12 million or $0.05 per share last year. Adjusted net income applicable to common stockholders was $15.25 million, $0.04 per share.
Earnings In Focus: Feb 15 (AVP, OMC, WM)
Thu, 15 Feb 2018 08:33:49 GMT
Check out the few notables companies that are slated to publish their financial results on Thursday, February 15, 2018. * AVP sees some positive trends in Q4 * OMC's Q4 likely to benefit from cost reduction measures
Indivior FY17 Profit Up 66% - Quick Facts
Thu, 15 Feb 2018 07:46:14 GMT
Indivior plc (INDV.L) reported that its fiscal 2017 net income rose 66 percent to $58 million from $35 million in the prior year. Earnings per share grew 60 percent to $0.08 from $0.05 last year.
RELX Group FY17 Profit Up 43%; To Simplify Corporate Structure - Quick Facts
Thu, 15 Feb 2018 07:22:52 GMT
RELX Group (REL.L), a professional information company, reported that its net profit for the year ended December 31, 2017 grew 43 percent to 1.66 billion pounds from 1.16 billion pounds last year. Earnings per share rose to 82.2 pence from 56.3 pence last year.
Aegon Q4 Profit More Than Doubles On Tax Benefit - Quick Facts
Thu, 15 Feb 2018 06:48:49 GMT
Financial services company Aegon NV (AGN.L, AEG) reported that its fourth-quarter attributable net income more than doubled to 986 million euros from 470 million euros last year, as the U.S. tax reform led to a one-time tax benefit.
Capgemini FY17 Profit Declines; Proposes Higher Dividend - Quick Facts
Thu, 15 Feb 2018 06:30:25 GMT
Capgemini Group (CGEMY.PK, CAPP) reported that its fiscal 2017 net profit (Group share) was 820 million euros or 4.88 euros per share, down from 921 million euros or 5.44 euros per share in the previous year.
Nestle earnings miss estimates as it highlights 'challenging' North American market
Thu, 15 Feb 2018 06:27:00 GMT
Nestle fell short of earnings expectations for 2017, citing "challenging environments" in their North American and Brazilian markets.
Cisco Systems Q2 Results Beat Street; Shares Up 5%
Wed, 14 Feb 2018 21:36:16 GMT
Silicon Valley giant Cisco Systems Inc., (CSCO) Wednesday posted a loss for the second quarter, hurt largely by charges related to latest reforms in the US tax laws.
Cisco returns to growth, stock pops
Wed, 14 Feb 2018 21:14:00 GMT
Cisco on Wednesday announced better-than-expected earnings for the second quarter of its 2018 fiscal year.
Apple said it wants to become 'cash neutral' — which could be a huge boost for earnings
Wed, 14 Feb 2018 20:16:00 GMT
Apple's earnings could pop as much as 30 percent higher than current estimates if the company buys back 10 percent of its shares each year.
Fannie Mae Slips To Loss In FY17; To Not Pay Dividend For Q1 To Treasury
Wed, 14 Feb 2018 13:12:34 GMT
Fannie Mae (FNMA) reported that its net loss attributable to common stockholders for fiscal year 2017 was $6.48 billion or $1.12 per share, compared to net income of $77 million or $0.01 per share in the prior year.
Henry Schein Inc. (HSIC) Dropped On FTC Accusations
Wed, 14 Feb 2018 12:20:22 GMT
The FTC has accused Henry Schein Inc. (HSIC) of participating in a conspiracy to refuse to provide discounts to, or compete for, the business of buying groups. The company announced Tuesday morning that it believes that the FTC allegations are meritless and intends to defend itself vigorously.
RingCentral Inc. (RNG) Jumped To A New High After Q4 Profit Beat
Wed, 14 Feb 2018 12:10:21 GMT
RingCentral Inc. (RNG) reported fourth quarter non-GAAP EPS of $0.07 after the bell Monday, up from $0.03 a year ago. Analysts expected EPS of $0.06. The company expects to report first quarter EPS of $0.11 to $0.13 and full year 2018 EPS of $0.56 to $0.60. The consensus estimates are for EPS of $0.05 and $0.28.
GEO Group Board Approves Share Buyback Of Up To $200 Mln - Quick Facts
Wed, 14 Feb 2018 12:05:13 GMT
GEO Group Inc. (GEO) said its board of directors has approved a stock repurchase program of up to $200 million of GEO's common stock through October 20, 2020.
Chegg Inc. (CHGG) Surged To A New High On Strong Q4 Earnings
Wed, 14 Feb 2018 12:00:22 GMT
Chegg Inc. (CHGG) reported fourth quarter non-GAAP EPS of $0.15 after the bell Monday, up from $0.10 a year ago. The consensus estimate was for EPS of $0.08.
Under Armour Inc. (UA) Rose Sharply After Q4 Revenues Topped Expectations
Wed, 14 Feb 2018 11:50:21 GMT
Under Armour Inc. (UA) reported fourth quarter non-GAAP EPS of $0.00 Tuesday morning, which was in line with analysts' estimates. Revenues rose to $1.37 billion from $1.31 billion a year ago. Street expectations were for revenues of $1.33 billion.
Zion Oil & Gas (ZN) Surged To Over A 6-Month High After Well Finds Oil
Wed, 14 Feb 2018 11:40:21 GMT
Zion Oil & Gas (ZN) announced Tuesday afternoon that it has encountered both oil and gas while circulating drilling mud at its Megiddo-Jezreel #1 well.
Hilton Worldwide Turns To Profit In Q4 - Quick Facts
Wed, 14 Feb 2018 11:38:21 GMT
Hilton Worldwide Holdings Inc. (HLT) reported that its fourth-quarter attributable net income was $840 million or $2.61 per share, compared to net loss of $387 million or $1.18 per share last year.
Veeco Instruments (VECO) Jumped On Better Than Expected Q4 Earnings
Wed, 14 Feb 2018 11:30:21 GMT
Veeco Instruments (VECO) reported fourth quarter EPS of $0.19 after the bell Monday, up from $0.09 in the previous year. Analysts expected EPS of $0.09.
Clariant FY17 Profit Rises 15%; Proposes Higher Dividend - Quick Facts
Wed, 14 Feb 2018 06:43:39 GMT
Clariant AG (CLZNY.PK, CRN.L, CLZNF.PK) reported that its net income for fiscal year 2017 increased 15 percent to 302 million Swiss francs from 263 million francs in the previous year.
Credit Suisse Q4 Loss Narrows
Wed, 14 Feb 2018 06:30:34 GMT
Swiss banking giant Credit Suisse Group AG (CS) reported that its net loss attributable to shareholders for the fourth-quarter of 2017 narrowed to 2.126 billion Swiss francs or 0.83 francs per share from 2.619 billion francs or 1.20 francs per share in the fourth-quarter of 2016.
Thyssenkrupp Turns To Profit In Q1; Affirms FY Outlook - Quick Facts
Wed, 14 Feb 2018 06:20:33 GMT
German industrial conglomerate Thyssenkrupp AG (TYEKF.PK) reported first-quarter net income of 91 million euros, compared to net loss of 6 million euros in the year-ago period.
Uber's loss jumped 61 percent to $4.5 billion in 2017
Wed, 14 Feb 2018 00:32:00 GMT
Uber revealed results to investors on Tuesday that showed the ride-hailing company's cost-cutting efforts paying off.
Fossil Group Nearly Doubles FY Wearable Sales, Q4 Profit Tops; Shares Jump 72%
Tue, 13 Feb 2018 22:47:11 GMT
Fossil Group, Inc. (FOSL) reported that in fiscal 2017 the company generated progress toward its strategic initiatives, which included driving growth in wearables across its portfolio of brands, aimed at accelerating the evolution of the business to position Fossil for long term profitable growth. The company announced, over the next several years, it will continue to transform business model to address changes in consumer behaviors and their purchases of traditional watches and connected devices, as well as jewelry and leathers.
JetBlue Airways January Traffic, Load Factor Down; Capacity Edges Up
Tue, 13 Feb 2018 13:43:51 GMT
JetBlue Airways Corp. (JBLU) reported that its traffic and load factor decreased, while capacity edged up slightly in the month of January 2018 from the prior-year period.
Tower International Posts Loss In Q4, Sees 9% Increase In FY18 Earnings
Tue, 13 Feb 2018 13:15:57 GMT
Tower International Inc. (TOWR) Tuesday reported a fourth quarter net loss attributable to the company of $3.867 million compared to $16.88 million in the prior year. On a per share basis, loss was $0.19, compared to profit of $0.83 a year ago.
Blue Apron shares spike on earnings beat, improvements at New Jersey facility
Tue, 13 Feb 2018 12:48:00 GMT
Blue Apron posts a smaller-than-expected loss, helped by improvements at its New Jersey fulfillment center.
Under Armour Announces Additional 2018 Restructuring Plan - Quick Facts
Tue, 13 Feb 2018 12:20:23 GMT
While reporting its fourth-quarter financial results today, Under Armour Inc. (UA) announced an additional 2018 restructuring plan that identifies further opportunities to optimize operations.
ION Geophysical Corp. (IO) Climbed To Another New High For The Year
Tue, 13 Feb 2018 12:20:13 GMT
ION Geophysical Corp. (IO) climbed during the first half hour of trade Monday and advanced further around midday. Shares finished with a gain of 3.35 at $30.90.
Under Armour sales top estimates on international momentum, sending shares soaring
Tue, 13 Feb 2018 12:17:00 GMT
Under Armour shares surge after fourth-quarter sales top expectations.
Spectrum Brands Inc. (SPB) Fell To Nearly A 3-Month Low
Tue, 13 Feb 2018 12:10:14 GMT
Spectrum Brands Inc. (SPB) declined for the bulk of Monday's session and finished with a loss of 5.22 at $102.01.
CSRA Inc. (CSRA) Soared To A New High After Bought By General Dynamics
Tue, 13 Feb 2018 12:00:14 GMT
CSRA Inc. (CSRA) announced Monday morning that it has agreed to be acquired by General Dynamics (GD) for $40.75 in cash, approximately $9.6 billion.
Jamba Inc. (JMBA) Jumped On Q4 Results
Tue, 13 Feb 2018 11:50:13 GMT
Jamba Inc. (JMBA) announced Monday morning that its fourth quarter system-wide comparable store sales increased 5.3%. The company reported a fourth quarter loss of $0.99 per share, with revenues of $17.3 million.
PepsiCo Q4 Results Beat View; Hikes Dividend, Announces $15 Bln Share Buyback
Tue, 13 Feb 2018 11:43:08 GMT
Snack and beverage giant PepsiCo Inc. on Tuesday reported a net loss for the fourth quarter, reflecting flat revenues and a net tax expense related to the U.S. tax reform. However, both revenue and adjusted earnings per share for the quarter beat analysts' estimates. In addition, the company raised its annualized dividend by 15 percent and announced a new $15 billion share repurchase program.
PepsiCo earnings beat, but beverage business still struggles to find US growth
Tue, 13 Feb 2018 11:02:00 GMT
PepsiCo reports fourth-quarter earnings and revenue that beat analysts' expectations.
Himax Technologies Q4 Profit Surges
Tue, 13 Feb 2018 10:30:50 GMT
Himax Technologies Inc. (HIMX) Tuesday reported a surge in fourth-quarter net income attributable to the company to $23.549 million from $4.439 million in the prior year. On a per-share basis, earnings were $0.137, up from $0.26 last year. The company as recorded gains on the sale of securities of $23.06 million compared to $5 million a year ago.
Earnings In Focus: Feb. 13 (BIDU, DVA, FOSL)
Tue, 13 Feb 2018 07:40:19 GMT
Check out the few notables companies that are scheduled to release their financial results on Tuesday, February 13, 2018.
BHP Billiton Expects Income Tax Expense Of $1.8 Bln Due To U.S. Tax Reform
Tue, 13 Feb 2018 07:14:42 GMT
Anglo-Australian mining giant BHP Billiton plc (BHP.AX, BLT.L, BBL, BHP) said that it expects to recognize an income tax expense of $1.8 billion.
Nvidia shares surge after earnings show big cryptocurrency, gaming demand
Fri, 09 Feb 2018 13:00:00 GMT
Analysts are loving Nvidia's better-than-expected fiscal fourth-quarter earnings and guidance.
Expedia stock plunges 19 percent on fourth quarter profit misses
Thu, 08 Feb 2018 22:09:00 GMT
Expedia missed analysts' quarterly profit estimate on higher marketing expenses, sending its shares tumbling 19 percent.
Nvidia pops after hours, giving some life to a beaten-down market
Thu, 08 Feb 2018 21:40:00 GMT
Nvidia beat expectations for earnings and revenue for its fiscal fourth quarter on Thursday.
News Corp. beats, but CEO says growth held back by 'sometimes dystopian' digital environment
Thu, 08 Feb 2018 20:34:00 GMT
Rupert Murdoch's media empire owns Dow Jones, HarperCollins and the New York Post, among other properties.
Activision Blizzard jumps after earnings beat
Thu, 08 Feb 2018 20:33:00 GMT
Activision also said that King, the maker of "Candy Crush," saw year-over-year growth in revenue, beating analyst expectations.
Teva Pharmaceutical warns on 2018 profits citing US market, Copaxone
Thu, 08 Feb 2018 15:28:00 GMT
Teva Pharmaceuticals reported a drop in fourth-quarter net profit on Thursday and a weak forecast for 2018 due to the poor state of the US generics market.
The 'failing' New York Times posts 10% yearly revenue growth, sends stock soaring
Thu, 08 Feb 2018 14:57:00 GMT
The media company's stock skyrocketed in 2017, even as President Trump labeled The New York Times a "failing" newspaper.
Twitter Inc. (TWTR) Has Jumped To A New High After Q4 Profit Tops Expectations
Thu, 08 Feb 2018 14:40:22 GMT
Twitter Inc. (TWTR) reported fourth quarter adjusted EPS of $0.19 Thursday morning, up from $0.11 in the prior year period. Analysts expected EPS of $0.14.
GrubHub Inc. (GRUB) Has Surged To A New High On Q4 Results And Yum! Deal
Thu, 08 Feb 2018 14:37:43 GMT
GrubHub Inc. (GRUB) reported fourth quarter non-GAAP EPS of $0.37 Thursday morning, up from $0.23 a year ago. The consensus estimate was for EPS of $0.31.
KFC owner beats on earnings, will partner with GrubHub on delivery
Thu, 08 Feb 2018 14:18:00 GMT
Yum Brands posts a fourth-quarter profit that beats estimates on the back of higher demand for fried chicken at KFC.
Grubhub shares soar on jump in users, Yum Brands stake
Thu, 08 Feb 2018 14:06:00 GMT
Grubhub soars after reporting strong quarterly results and announcing Yum Brands would buy a stake in the company.
Viacom shares shine on upbeat distributor revenue forecast
Thu, 08 Feb 2018 14:02:00 GMT
The results come at a sensitive time for the company, which is in the midst of a turnaround plan and exploring a possible merger with CBS.
CVS to hike wages, introduce paid parental leave with windfall from new tax law
Thu, 08 Feb 2018 12:31:00 GMT
CVS Health will increase hourly pay for employees to $11 an hour starting in April in response to the new tax law.
Twitter rockets more than 20 percent after the company reports first-ever net profit
Thu, 08 Feb 2018 11:43:00 GMT
The social media company reports a net profit for the first time and returns to revenue growth.
Tesla posts narrower-than-expected loss and is on track to meet Model 3 production goals
Thu, 08 Feb 2018 00:09:00 GMT
Investors are watching Tesla's Model 3 production progress and the company's potential need for more capital.
Tesla delivered 1,500 Model 3s to customers last quarter, says production numbers are on target
Wed, 07 Feb 2018 21:21:00 GMT
Tesla has delayed targets for its mass-market sedan, the Model 3, several times.
Twenty-First Century Fox rises after earnings beat
Wed, 07 Feb 2018 20:31:00 GMT
Investors are keeping an eye on Fox's pending deal to be acquired by Disney for $66.1 billion, including debt.
Snap Inc. (SNAP) Has Surged To A 7-Month High On Q4 Results
Wed, 07 Feb 2018 14:47:19 GMT
Snap Inc. (SNAP) reported a fourth quarter adjusted loss of $0.13 per share after the close Tuesday. Street expectations had been for a loss of $0.16 per share. Revenue increased 72 percent to $285.7 million, which topped analysts' expectations of $253.2 million.
Electronic Arts Inc. (EA) Has Leaped To A New High On Q3 Results
Wed, 31 Jan 2018 14:50:35 GMT
Electronic Arts Inc. (EA) reported third quarter revenues of $1.23 billion after the close Tuesday, which exceeded analysts' expectations of $1.18 billion. The company reported a loss of $0.60 per share, which included a charge of $176 million.
Boeing Co. (BA) Has Broken Out To A New High On Strong Q4 Results
Wed, 31 Jan 2018 14:36:36 GMT
Boeing Co. (BA) reported fourth quarter core EPS of $4.80 Wednesday morning, up from $2.47 a year ago. Analysts expected EPS of $2.89. The company expects to report full year 2018 core EPS of $13.80 to $14.00. Street expectations are for EPS of $11.96.
HCA Holdings Inc. (HCA) Has Climbed To A New High On Q4 Results
Tue, 30 Jan 2018 14:54:13 GMT
HCA Holdings Inc. (HCA) reported fourth quarter EPS of $1.30 Tuesday morning, which topped the consensus estimate of $1.87.
Intel Corp. (INTC) Has Climbed To A New High On Strong Q4 Earnings
Fri, 26 Jan 2018 14:49:24 GMT
Intel Corp. (INTC) reported fourth quarter EPS of $1.08 after the close Thursday, up from $0.79 in the previous year. The consensus estimate was for EPS of $0.87.
Dolby Laboratories (DLB) Has Surged To A New High On Strong Q1 Earnings
Thu, 25 Jan 2018 14:35:46 GMT
Dolby Laboratories (DLB) reported first quarter EPS of $0.79 after the bell Wednesday, compared to $0.66 last year. Street expectations were for EPS of $0.44.
Varian Medical Systems (VAR) Has Jumped To A New High After Q1 Profit Beat
Thu, 25 Jan 2018 14:33:56 GMT
Varian Medical Systems (VAR) reported first quarter EPS of $1.06 after the close Wednesday, up from $0.50 in the prior year period. The consensus estimate was for EPS of $0.93.
Resmed Inc. (RMD) Has Soared To A New High On Strong Q2 Earnings
Tue, 23 Jan 2018 14:38:20 GMT
Resmed Inc. (RMD) reported second quarter EPS of $1.00 after the close Monday, up from $0.73 in the previous year. Street expectations were for EPS of $0.78.
Netflix Inc. (NFLX) Has Surged To A New High On Q4 Results
Tue, 23 Jan 2018 14:34:57 GMT
Netflix Inc. (NFLX) reported fourth quarter EPS of $0.41 after the bell Monday, up from $0.15 a year ago. The result was in line with analysts' expectations. Revenues rose 32.7% to $3.29 billion from $2.48 billion last year.
Halliburton Co. (HAL) Is Up Sharply After Q4 Report
Mon, 22 Jan 2018 14:58:38 GMT
Halliburton Co. (HAL) reported fourth quarter adjusted income from continuing operations of $0.53 Monday morning, compared to $0.04 last year. The consensus estimate was for EPS of $0.46.
Wynn Resorts Ltd. (WYNN) Has Risen To A New High After Q4 Profit Beat
Mon, 22 Jan 2018 14:46:32 GMT
Wynn Resorts Ltd. (WYNN) reported fourth quarter EPS of $1.40 Monday morning, up from $0.50 in the prior year period. Analysts expected EPS of $1.38.
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