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FedEx Shares Fall On Earnings Miss, Lower Guidance
Tuesday, March 19, 2019 - 4:18pm | 259Read More...FedEx Corporation (NYSE: FDX) shares are getting crushed after reporting a third-quarter earnings miss. The shipping giant reported third-quarter earnings of $3.03, missing estimates by 14 cents. Sales came in at $17 billion, missing estimates by $690 million. The company reported 2019 adjusted...
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Del Taco Crunched After Q4 Earnings Miss, Lower Guidance
Monday, March 18, 2019 - 4:18pm | 299Read More...Del Taco Restaurants Inc (NASDAQ: TACO) shares fell after missing fourth-quarter estimates. Earnings came in at 18 cents per share, missing estimates by a penny. Sales came in at $157.3 million, beating estimates by $290,000. Del Taco also issued weak earnings guidance. Del Taco sees full-year...
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3 Near-Term Risks For Apple Bulls
Wednesday, January 25, 2017 - 10:29am | 296Read More...Bernstein’s A.M. (Toni) Sacconaghi, Jr. expects Apple Inc. (NASDAQ: AAPL) to report relatively in-line metrics when the company announces its FQ1:17 results after the close on January 31. The analyst maintains an Outperform rating on the company, with a price target of $140. Q1 Expectations...
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JMP Securities Downgrades Ariad, Cites Limited Near-Term Upside In Light Of Prescription Trends
Tuesday, October 25, 2016 - 9:28am | 294Read More...JMP Securities’ Michael G. King, Jr. believes there is limited near-term upside for Ariad Pharmaceuticals, Inc. (NASDAQ: ARIA), given the prescription trends and the ongoing scrutiny of Iclusig's pricing. King downgraded the rating on the company from Market Outperform to Market...
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NetSuite's Solid Quarter Overshadowed By Oracle Deal News
Friday, July 29, 2016 - 9:52am | 395Read More...NetSuite Inc (NYSE: N) reported robust 2Q16 results, although they were overshadowed by the agreement to be acquired by Oracle Corporation (NYSE: ORCL) for $9.3 billion. BTIG’s Joel P. Fishbein, Jr. maintains a Neutral rating on NetSuite. 2Q Performance “We remain positive on the...
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Apple Management's Tone 'Much More Cautious' Than Usual On Conference Call
Wednesday, January 27, 2016 - 10:20am | 365Read More...Apple Inc. (NASDAQ: AAPL) shares are down 7 percent since December 28. Bernstein’s A.M. (Toni) Sacconaghi, Jr. maintained an Outperform rating for the company, with a price target of $135. Apple repeatedly mentioned a tough macro backdrop and meaningful FX headwind during its call,...
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The Top 21 African-American CEOs In Business
Monday, April 21, 2014 - 12:50pm | 118Read More...In 2013, Benzinga identified nearly two dozen of the top African-American heads of big-name firms, despite an overall lack of representation in the higher levels of business. Over the course of the last year, many have seen their companies continue to grow. The black CEOs on the list come from...
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West Virginia Lawsuits Also Target Eastman Chemical And American Water
Tuesday, January 21, 2014 - 5:09pm | 585Read More...Lawsuits filed against Freedom Industries, the closely held company that stored a compound that leaked into the Elk River January 9, included two publicly traded corporations. Also named as defendants in the lawsuits were Eastman Chemical (NYSE: EMN), manufacturer of the coal processing...
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Analysts Initiate Coverage On HD Supply Holdings: Three Positive, One Neutral
Tuesday, August 6, 2013 - 3:54pm | 617Read More...Four analysts initiated coverage of HD Supply Holdings (NASDAQ: HDS) Tuesday and the outlook is mostly favorable. Related: W.W. Grainger, Inc. Reports Q2 EPS of $3.03 vs $2.96 Est; Revenue of $2.38B vs $2.40B Est JP Morgan JP Morgan analysts C. Stephen Tusa, Jr. and Drew Pierson assigned an...
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Sanderson Farms Squawks Tasty Earnings
Tuesday, May 29, 2012 - 11:43am | 381Read More...Poultry-processor Sanderson Farms (NASDAQ: SAFM) has given the meat-eating world something to chew on as the company's second quarter earnings were more than applaud-worthy. In not so great news for feathered friends, the chicken industry is on the up and up, quickly becoming the most significant...
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Sprint CEO Dan Hesse Did What…!?
Tuesday, May 8, 2012 - 10:45am | 415Read More...You won't believe what Sprint's (NYSE: S) chief executive just did, all in the name of Apple (NASDAQ: AAPL) and the iPhone. Dan Hesse has done something that few other corporate leaders would have had the balls to do: he's giving back more than $3.25 million in compensation. According to the...
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Jefferies & Company Inc. Lowers Price Target For Advance America (AEA)
Friday, April 30, 2010 - 11:55am | 104Read More...Analyst Richard Shane, Jr. at Jefferies & Company Inc. has released an update on Advance America (NYSE: AEA). The company reported its first-quarter results on Thursday. Advance America reported first-quarter EPS of $0.22, which was above Jefferies’ estimate of $0.20 but below consensus...
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Power Integrations, Inc. (POWI) Maintains Buy Rating; Price Target Raised
Monday, March 29, 2010 - 12:23pm | 96Read More...Analyst Vernon Essi, Jr. at Needham has released an update on Power Integrations, Inc. (NASDAQ: POWI). Needham continues to believe that the company is taking shares in energy efficiency design implementations and the overall market is on a significant uptrend. It believes that although shares of...
