Fifth & Pacific Companies (NYSE:FNP) Sees Sales Soar in Q4

Fifth & Pacific Companies (NYSE:FNP), which designs and markets premium brands Juicy Couture and Kate Spade, reported its fiscal Q4 net income tripled as net sales climbed. For the quarter ended Dec. 28, Q4 net income rose to $185.2 million, or $1.48 per share, up from $57 million, or $0.47 per share, a year earlier. Excluding one-time items and discontinued operations such as the Lucky … Continue reading Fifth & Pacific Companies (NYSE:FNP) Sees Sales Soar in Q4

Mid Day Movers: SNDK, GENE, IR, ATHM

Ingersoll-Rand Plc (NYSE:IR) is up 2.3% to $60.75 per share in Monday mid-day trading following a positive mention in this weekend’s Barrons. The article identifies companies with 1-2% dividend payouts that could double over the next five years, including IR, a diversified industrial company that could benefit from a housing recovery. Also mentioned in this article as candidates well positioned for potential dividend increases: AIG, … Continue reading Mid Day Movers: SNDK, GENE, IR, ATHM

GT Advanced Technologies (NASDAQ:GTAT) Soars After Smaller Than Expected Losses

GT Advanced Technologies (NASDAQ:GTAT) was higher more than 8% in early trading Monday, having earlier hit $13.47 – its highest level since July 2011 – after reporting a Q4 loss that was smaller than analysts had expected, while its FY guidance straddled estimates. The maker of materials for the consumer electronics, power electronics, solar and LED industries said its Q1 non-GAAP loss widened to $0.26 … Continue reading GT Advanced Technologies (NASDAQ:GTAT) Soars After Smaller Than Expected Losses

Energy Transfer Equity Posts In-line Results

Energy Transfer Equity posted fourth-quarter and full-year results that were largely in line with expectations, although the fourth quarter was down modestly from last year. Distributions from Energy Transfer Partners and Regency totaled $237 million for the quarter versus $182 million a year ago. However, in 2012 ETE had also received $75 million from its ownership in Holdco. After netting corporate expenses, ETE earned $185 … Continue reading Energy Transfer Equity Posts In-line Results

Cumulus Media Posts Solid Quarterly Results

Cumulus Media (NASDAQ:CMLS) reported net revenues of $328M for the fourth quarter. 4Q revenue was positively impacted by healthy advertising trends across auto, healthcare and financial services, slightly offset by weakness across retail, tracking weaker holiday sales. EBITDA was $96M (+6% yoy), mostly driven by investments that took place earlier in the year, improving margins by lowering content costs. Management expects Q1 revenues and EBITDA … Continue reading Cumulus Media Posts Solid Quarterly Results

Lifetime Fitness Earnings Highlights

Life Time’s fourth-quarter EPS rose 13%, to $0.63, ahead of our and the consensus estimates of $0.62 and at the high end of management’s implied guidance of $0.61 to $0.63, although the upside versus consensus expectations came courtesy of a $0.015 benefit from a lower-than-expected tax rate. Membership trends were once again shy of expectations, with membership growth of 0.3%, to 789,500, worse than the … Continue reading Lifetime Fitness Earnings Highlights