Chart Industries, Inc. Weak Guidance Highlights Q4 Results

Chart Industries’ (NASDAQ:GTLS) overall fourth quarter 2013 EPS and awards were mostly in line with expectations; however, we believe this will be overshadowed by lower-than-expected 2014 EPS guidance ($3.10-$3.50 versus consensus $3.67) and more subdued market commentary regarding near-term growth prospects. There was already a somewhat downward bias to 2014 consensus EPS, the more cautious market commentary about near-term growth prospects may come as a … Continue reading Chart Industries, Inc. Weak Guidance Highlights Q4 Results

Notable Analyst Updates – Spectranetics, HSBC, Verizon, New Home Company, Real Page

Sprectranetics (NASDAQ:SPNC) rose 10% and touched a 52-week high after the company said late Monday its trial using laser atherectomy to treat patients suffering from peripheral artery disease (PAD) had achieved statistical endpoints. Separately, Stifel Nicolas repeated its Buy recommendation on the stock and raised its price target to $30 from $24. Spectranetics, a maker of cardiovascular devices, said Monday it expects to submit a … Continue reading Notable Analyst Updates – Spectranetics, HSBC, Verizon, New Home Company, Real Page

Pre-Market Earnings Results: Cracker Barrel, Visteon, Steve Madden, OGE Energy, WCI

Cracker Barrel Old Country Store (NASDAQ:CBRL) said adjusted fiscal Q2 adjusted earnings rose to $1.56, in line with analysts’ estimates, though revenue missed the consensus after severe winter weather affected store traffic. The company had adjusted earnings per diluted share of $1.43 in the prior year quarter. Total revenue in the three months to end January was $698.5 million down 0.6% from a year ago. … Continue reading Pre-Market Earnings Results: Cracker Barrel, Visteon, Steve Madden, OGE Energy, WCI

After-Hours Market Movers – Zulily (NASDAQ:ZU), Haverty Furniture (NYSE: HVT), Oil Tanking Partners (NYSE:OILT)

Zulily (NASDAQ:ZU) is higher in after hours trading after the e-commerce company reported better-than-expected financial results for Q4, and issued revenue guidance for Q1 above estimates and for fiscal 2014 in line with forecasts. Shares are up 9.71% at $47, with a 52-week range of $34.19 – $44.96. ZU reported Q4 earnings of $0.10 per share, ex one-time items, compared with the prior-year period’s $0.03 … Continue reading After-Hours Market Movers – Zulily (NASDAQ:ZU), Haverty Furniture (NYSE: HVT), Oil Tanking Partners (NYSE:OILT)

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Energy Stocks Still Higher Nearing Market Close

Energy stocks eased slightly from their earlier highs with the NYSE Energy Sector Index rising about 1.7% in late trade while shares of energy companies in the S&P 500 were ahead nearly 1.8% as a group. Crude oil for April delivery settled 62 cents higher at $102.82 per barrel while March natural gas shed 39 cents today to finish at $4.62 per 1 million BTU. … Continue reading Energy Stocks Still Higher Nearing Market Close

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S&P Rallies to Record High

Stocks are back in rally-mode, with the S&P 500 index touching a new record high as mergers, Fed Chair Janet Yellen’s upcoming conclusion to her Humphrey-Hawkins testimony and the hope for accelerating global growth all fuel an impressive run-up in prices. Economic data today was again disappointing, but the financial markets have all but dismissed any data from December through February as being adversely impacted … Continue reading S&P Rallies to Record High