Esterline Technologies (NYSE:ESL) Beats Top and Bottom Lines; Bio-Rad Laboratories (NYSE:BIO), Einstein Noah Restaurant Group (NASDAQ:BAGL)

Esterline Technologies (NYSE:ESL) is edging higher in late trading after the company reported better-than-expected financial results for Q1, or the quarter ended Jan. 31, 2013, and provided in line guidance for fiscal 2014. Shares are up 0.09% at $110.00 with a 52-week range of $62.61 – $109.96. The company, which designs, manufactures and markets engineered products and systems, reported Q1 earnings of $1.08 per share, … Continue reading Esterline Technologies (NYSE:ESL) Beats Top and Bottom Lines; Bio-Rad Laboratories (NYSE:BIO), Einstein Noah Restaurant Group (NASDAQ:BAGL)

AXA (ADR) (AXAHY) Caps Strong Year with Impressive Quarterly Results

AXA’s (ADR) (AXAHY) full-year results capped off a record year for the firm. Fueled by a 12% increase in operating earnings from the company’s property and casualty insurance business, which benefited from higher volume and investment income, AXA’s operating earnings for the full year 2013 increased 12% from last year’s level to EUR 4.6 billion. Operating trends continued to improve, with the company’s combined ratio declining … Continue reading AXA (ADR) (AXAHY) Caps Strong Year with Impressive Quarterly Results

Astec Industries, Inc. (NASDAQ:ASTE) Has Strong Domestic Backlog Exiting 2013

Astec Industries (NASDAQ:ASTE) delivered a surprisingly solid quarter, after having missed the last six out of seven quarters. Shares were range-bound in the $30s through all of 2013 because of choppy quarters and end-markets. While we believe that uncertainty persists, particularly in mining and government highway funding, wood pellet plants could become an incremental driver of profitability to the base business. The company’s earnings beat … Continue reading Astec Industries, Inc. (NASDAQ:ASTE) Has Strong Domestic Backlog Exiting 2013

Stocks on the Move: Cardica (NASDAQ:CRDC), Salix Pharmaceutical (NASDAQ:SLXP), Chico’s FAS (NYSE:CHS), Dynegy (NYSE:DYN)

Shares of Cardica (NASDAQ:CRDC) climbed in Thursday’s pre-market session, after the developer of endoscopic microcutter products said it received 510(k) clearance from the U.S. Food and Drug Administration for its MicroCutter XCHANGE 30 white cartridge and for an additional plastic material contained within the MicroCutter XCHANGE 30 blue cartridge for use in medium-thickness tissue. The 510(k) clearance for the MicroCutter XCHANGE 30 white cartridge is … Continue reading Stocks on the Move: Cardica (NASDAQ:CRDC), Salix Pharmaceutical (NASDAQ:SLXP), Chico’s FAS (NYSE:CHS), Dynegy (NYSE:DYN)

American Tower Prepares For Viom Networks Bid

Real estate investment trust American Tower (NYSE:AMT) is preparing a bid for an Indian telecommunications tower company, Viom Networks, that could amount to $1.6 billion to $1.9 billion, according to the Economic Times, an Indian newspaper. Citing unnamed sources, the Times said the bid may come by March 7, and that American Tower is likely to value Viom based on its operating profit and not … Continue reading American Tower Prepares For Viom Networks Bid

Momentum Stocks for February 26th: CPS, JAKK, ARCC

Cooper-Standard Holdings (NASDAQ:CPS), the parent company of automotive systems and components supplier Cooper Standard Automotive, is considering buying TI Automotive, Reuters reported citing unnamed people with knowledge of the matter. Cooper-Standard is evaluating a takeover bid for TI Automotive, which is estimated to have an enterprise value of more than $2 billion, Reuters said. The two companies both have annual sales of about $3 billion. … Continue reading Momentum Stocks for February 26th: CPS, JAKK, ARCC