Scanning, scanning & scanning ...
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
SPX Corp. downgraded to Sell with $79 target at Deutsche Bank
SPX Corp. downgraded to Sell with $79 target at Deutsche Bank
AECOM Technology EPS of $0.71
AECOM Technology (NYSE:ACM): FQ1 EPS of $0.71 may not be comparable to consensus of $0.56.
Revenue of $4.19B (+114.9% Y/Y) misses by $400M.
VTTI Energy net income of $11.4M
VTTI Energy (NYSE:VTTI): Q4 net income of $11.4M
Revenue of $80.4M (-1.5% Y/Y) beats by $1.99M.
Oracle checks show deal momentum picked up, says FBR Capital
FBR Capital says its recent channel checks indicate deal momentum so far in Oracle's February quarter has slightly picked up in the "all-important" cloud business. FBR is "incrementally positive" following the data points and keeps an Outperform rating on Oracle with a $48 price target.
CVS Caremark beats by $0.01, beats on revenue
CVS Caremark (NYSE:CVS): Q4 EPS of $1.21 beats by $0.01.
Revenue of $37.06B (+12.9% Y/Y) beats by $980M.
Coupons.com price target lowered to $13 from $18 at RBC Capital
Coupons.com price target lowered to $13 from $18 at RBC Capital
RBC Capital cut its price target on Coupons.com after the company reported lower than expected Q4 revenue and EPS, but higher than expected EBITDA. The firm says the company had positive margin trends but very weak transactions growth and revenue trends. It keeps a Sector Perform rating on the stock.
Imation misses by $0.09, misses on revenue
Imation (NYSE:IMN): Q4 EPS of -$0.30 misses by $0.09.
Revenue of $197M (-15.4% Y/Y) misses by $4.2M.
CDW beats by $0.05, beats on revenue
CDW (NASDAQ:CDW): Q4 EPS of $0.59 beats by $0.05.
Revenue of $3.05B (+12.5% Y/Y) beats by $90M.
Entegris misses by $0.01, beats on revenue
Entegris (NASDAQ:ENTG): Q4 EPS of $0.17 misses by $0.01.
Revenue of $271.6M (+45.8% Y/Y) beats by $4.41M.
Alere (NYSE:ALR): Q4 EPS of $0.60 misses by $0.03.
Revenue of $666.9M (-0.9% Y/Y) misses by $6.84M.
Alere misses by $0.03, misses on revenue
Alere (NYSE:ALR): Q4 EPS of $0.60 misses by $0.03.
Revenue of $666.9M (-0.9% Y/Y) misses by $6.84M.
Omnicom (NYSE:OMC): Q4 EPS of $1.30 beats by $0.04.
Revenue of $4.2B (+3.4% Y/Y) beats by $50M.
Omnicom beats by $0.04, beats on revenue
Omnicom (NYSE:OMC): Q4 EPS of $1.30 beats by $0.04.
Revenue of $4.2B (+3.4% Y/Y) beats by $50M.
Citi upgraded to Buy with $54 price target at Deutsche Bank
Deutsche Bank this morning upgraded Citi (C) to Buy from Hold and raised its price target for shares to $54 from $51. Deutsche believes the 6% decline in the stock since its December 4 downgrade has priced in some of the earnings risk, but admits the FY15 and FY15 consensus estimates for Citi still look too high. Shares of the banking giant closed yesterday up 7c to $49.21. Deutsche coupled the upgrade of Citi with a downgrade of Fifth Third Bancorp (FITB).
Morning lady ... I had a few already this morning !
Citi upgraded to Buy with $54 price target at Deutsche Bank
Deutsche Bank this morning upgraded Citi (C) to Buy from Hold and raised its price target for shares to $54 from $51. Deutsche believes the 6% decline in the stock since its December 4 downgrade has priced in some of the earnings risk, but admits the FY15 and FY15 consensus estimates for Citi still look too high. Shares of the banking giant closed yesterday up 7c to $49.21. Deutsche coupled the upgrade of Citi with a downgrade of Fifth Third Bancorp (FITB).
Wyndham Worldwide beats by $0.06, revenue in-line
Wyndham Worldwide (NYSE:WYN): Q4 EPS of $0.90 beats by $0.06.
Revenue of $1.23B (+2.5% Y/Y) in-line.
SouFun Holdings beats by $0.07, beats on revenue
SouFun Holdings (NYSE:SFUN): Q4 EPS of $0.21 beats by $0.07.
Revenue of $223M (+2.7% Y/Y) beats by $15.8M.
GM boys ... and girls
Morning ...
Hospira will not be holding its previously scheduled Q4 earnings conference
Hospira (HSP) announced that, as a result of its pending merger with Pfizer (PFE), it will not be holding its previously scheduled conference call to discuss fourth-quarter and full-year 2014 results. The company will release its fourth-quarter and full-year 2014 results as planned on Feb. 12, and intends to file its Annual Report on Form 10-K for the fiscal year ended Dec. 31, with the U.S. Securities and Exchange Commission, on the same day.
Actavis to divest Doryx to Mayne Pharma for approximately $50M
Actavis announced that it has entered into an agreement with Mayne Pharma, under which it will divest the U.S. rights to the Doryx brand acne treatment and related assets to Mayne for approximately $50M. The transaction is expected to close prior to the end of February. Under the terms of the agreement, Actavis will continue to package, distribute and actively promote the product for a transition period until May 2 following the close of the transaction.
Pfizer commences $5B accelerated share repurchase
Enjoy your evening ...
Taking a break ... back later !
Have a nice evening everyone.
After Hours Movers
Top Gaining Stocks
Price %Change
ARO Aeropostale Inc. 3.13 18.56%
SD Sandridge Energy 2.31 18.08%
AMKR Amkor Technology I... 8.25 17.02%
YDLE Yodlee Inc 10.50 6.92%
ADXS Advaxis Inc. 7.81 6.84%
URBN Urban Outfitters I... 38.55 5.59%
OCN Ocwen Financial Co... 8.34 4.99%
OTTR Otter Tail Corp. 32.49 4.87%
QLYS Qualys Inc. 42.74 4.63%
OAS Oasis Petroleum 18.70 4.13%
CLR Continental Resour... 47.59 3.94%
EFF Eaton Vance Floati... 17.09 3.89%
ALKS Alkermes plc 68.95 3.86%
WTI W&t Offshore Inc. ... 6.87 3.74%
SALM Salem Communicatio... 7.12 3.64%
FNBC First Nbc Bank Hol... 34.00 3.60%
BBG Bill Barrett Corp.... 12.85 3.46%
EXTR Extreme Networks I... 3.26 3.38%
PRTO Proteon Therapeuti... 10.85 3.33%
IOC Interoil 45.20 3.17%
Top Losing Stocks
Price %Change
COUP Coupons.com Inc 10.17 -29.91%
RDHL Redhill Biopharma ... 12.26 -15.45%
SIMG Silicon Image Inc ... 6.27 -13.40%
ALSN Allison Transmissi... 29.75 -8.46%
FBMS First Bancshares I... 13.05 -7.51%
IDRA Idera Pharmaceutic... 3.80 -6.17%
PARN Parnell Pharmaceut... 4.55 -5.60%
CHRS Coherus Bioscience... 30.61 -5.40%
CNCO Cencosud SA 7.50 -5.06%
NE Noble Corp. 18.34 -4.87%
CSC Computer Sciences ... 62.00 -4.38%
VSCP Virtualscopics Inc... 2.76 -3.83%
KS Kapstone Paper and... 29.07 -3.49%
HZNP Horizon Pharma Plc... 15.76 -3.39%
NUAN Nuance Communicati... 13.79 -3.31%
HK Halcon Resources C... 2.06 -3.29%
PSTR Postrock Energy Co... 5.66 -3.25%
PENN Penn National Gami... 15.67 -3.24%
FCX Freeport-mcmoran I... 18.88 -3.21%
DERM Dermira Inc 16.70 -3.19%
After Hours Movers
Top Gaining Stocks
Price %Change
ARO Aeropostale Inc. 3.13 18.56%
SD Sandridge Energy 2.31 18.08%
AMKR Amkor Technology I... 8.25 17.02%
YDLE Yodlee Inc 10.50 6.92%
ADXS Advaxis Inc. 7.81 6.84%
URBN Urban Outfitters I... 38.55 5.59%
OCN Ocwen Financial Co... 8.34 4.99%
OTTR Otter Tail Corp. 32.49 4.87%
QLYS Qualys Inc. 42.74 4.63%
OAS Oasis Petroleum 18.70 4.13%
CLR Continental Resour... 47.59 3.94%
EFF Eaton Vance Floati... 17.09 3.89%
ALKS Alkermes plc 68.95 3.86%
WTI W&t Offshore Inc. ... 6.87 3.74%
SALM Salem Communicatio... 7.12 3.64%
FNBC First Nbc Bank Hol... 34.00 3.60%
BBG Bill Barrett Corp.... 12.85 3.46%
EXTR Extreme Networks I... 3.26 3.38%
PRTO Proteon Therapeuti... 10.85 3.33%
IOC Interoil 45.20 3.17%
Top Losing Stocks
Price %Change
COUP Coupons.com Inc 10.17 -29.91%
RDHL Redhill Biopharma ... 12.26 -15.45%
SIMG Silicon Image Inc ... 6.27 -13.40%
ALSN Allison Transmissi... 29.75 -8.46%
FBMS First Bancshares I... 13.05 -7.51%
IDRA Idera Pharmaceutic... 3.80 -6.17%
PARN Parnell Pharmaceut... 4.55 -5.60%
CHRS Coherus Bioscience... 30.61 -5.40%
CNCO Cencosud SA 7.50 -5.06%
NE Noble Corp. 18.34 -4.87%
CSC Computer Sciences ... 62.00 -4.38%
VSCP Virtualscopics Inc... 2.76 -3.83%
KS Kapstone Paper and... 29.07 -3.49%
HZNP Horizon Pharma Plc... 15.76 -3.39%
NUAN Nuance Communicati... 13.79 -3.31%
HK Halcon Resources C... 2.06 -3.29%
PSTR Postrock Energy Co... 5.66 -3.25%
PENN Penn National Gami... 15.67 -3.24%
FCX Freeport-mcmoran I... 18.88 -3.21%
DERM Dermira Inc 16.70 -3.19%
Multi-Color beats by $0.13, beats on revenue
Multi-Color (NASDAQ:LABL): FQ3 EPS of $0.73 beats by $0.13.
Revenue of $189.13M (+11.6% Y/Y) beats by $2.06M.
XPO Logistics acquires UX Specialized Logistics for $59M
XPO Logistics announced that it has acquired UX Specialized Logistics, a North American provider of last mile logistics services for major retail chains and e-commerce companies. The purchase price was $59M, excluding any working capital adjustments, with no assumption of debt. UX had revenue and adjusted EBITDA of $113.2M and $8.2M, respectively, for the full year 2014. For the five years prior to acquisition, UX increased revenue at a compound annual growth rate of 19%. The acquisition is expected to be immediately accretive to earnings before the benefits of cross-selling and other synergies.
Atara Bio initiates equity offering
Atara Biotherapeutics (NASDAQ:ATRA) commences public offering of 3M shares of common stock. Underwriters over-allotment is an additional 450K shares. Terms and pricing have yet to be announced.
Atara Bio initiates equity offering
Atara Biotherapeutics (NASDAQ:ATRA) commences public offering of 3M shares of common stock. Underwriters over-allotment is an additional 450K shares. Terms and pricing have yet to be announced.
Medley Capital launches $30M buyback plan
Q4 net investment income of $0.35 per share vs. $0.37 in Q3. Dividend is $0.30. Net asset value of $11.74 per share down from $12.43. Today's close was $9.11 putting the stock at a 22.4% discount to book.
$30M stock buyback plan is authorized.
Conference call tomorrow at 10 ET
Previously: Medley Capital misses by $0.01, beats on total investment income (Feb. 9)
MCC -0.9% after hours
Argo Group (NASDAQ:AGII): Q4 EPS of $0.83 misses by $0.13.
Revenue of $338.7M (-0.8% Y/Y) misses by $4.12M.
Argo Group misses by $0.13, misses on revenue
Argo Group (NASDAQ:AGII): Q4 EPS of $0.83 misses by $0.13.
Revenue of $338.7M (-0.8% Y/Y) misses by $4.12M.
Esco Tech beats by $0.10, misses on revenue
Esco Tech (NYSE:ESE): FQ1 EPS of $0.41 beats by $0.10.
Revenue of $120.55M (-3.1% Y/Y) misses by $5.27M.
Rose Rock Midstream to buy SemGroup's remaining crude oil assets
Rose Rock Midstream (NYSE:RRMS) agrees to acquire the remaining crude oil assets of SemGroup Corporation (NYSE:SEMG) for $325M in cash and 1.75M RRMS units.
The assets include the Wattenberg Oil Trunkline System, a 75-mile crude oil pipeline in the Denver-Julesberg Basin, and SEMG's 50% interest in the Glass Mountain Pipeline, a 210-mile crude oil pipeline system originating in the Granite Wash and Mississippi Lime plays.
To help fund the deal, RRMS says it is launching a public offering of 2M common units, with an underwriters option to purchase up to an additional 300K units.
Rose Rock Midstream (NYSE:RRMS) agrees to acquire the remaining crude oil assets of SemGroup Corporation (NYSE:SEMG) for $325M in cash and 1.75M RRMS units.
The assets include the Wattenberg Oil Trunkline System, a 75-mile crude oil pipeline in the Denver-Julesberg Basin, and SEMG's 50% interest in the Glass Mountain Pipeline, a 210-mile crude oil pipeline system originating in the Granite Wash and Mississippi Lime plays.
To help fund the deal, RRMS says it is launching a public offering of 2M common units, with an underwriters option to purchase up to an additional 300K units.
Synutra EPS of $0.30
Synutra (NASDAQ:SYUT): FQ3 EPS of $0.30.
Revenue of $115.33M (+14.2% Y/Y).