John Meady

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…

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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…

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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,…

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