Financials in the News: TD, FIG, UNGS, WPX

Financial shares were lower in pre-market session Thursday ahead of durable goods orders data, which is expected to show a slowdown. In financial stocks news, Toronto-Dominion (NYSE:TD, TD.TO) was up about 4% pre-market after it reported adjusted Q1 earnings per share were C$1.06, compared with C$1.00 a year prior. The Street expected earnings of C$1.05 per share, according to Capital IQ estimates. The bank reported … Continue reading Financials in the News: TD, FIG, UNGS, WPX

Earnings on Tap After-Market – Valeant Pharmaceuticals International (NYSE:VRX), Sotheby’s Holdings Inc (NYSE: BID)

Valeant Pharmaceuticals International (NYSE:VRX) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect light trading in the issue immediately following its quarterly earnings announcement. Historical earnings event related premarket and after-hours trading activity in VRX indicates that the price change in the extended hours is likely to be of limited value in forecasting additional price … Continue reading Earnings on Tap After-Market – Valeant Pharmaceuticals International (NYSE:VRX), Sotheby’s Holdings Inc (NYSE: BID)

Earnings Watch: HII, WEN, RBS, IRM, KBR, NRG

Huntington Ingalls Industries (NYSE:HII) reported Q4 earnings that were well ahead of analysts’ estimates. The ship- and submarine builder said its adjusted diluted earnings rose nearly 28% to $1.66, exceeding the $1.22 average estimate from analysts polled by Capital IQ, if comparable. On a non-adjusted basis, diluted net earnings rose to $91 million from $50 million. Sales in the quarter meanwhile rose 6.2% to $1.94 … Continue reading Earnings Watch: HII, WEN, RBS, IRM, KBR, NRG

After-Hours Movers: Tesla (TSLA) Edges Higher After Detailing Convertible Offering; NKTR, HDSN, ISIG

Tesla (NASDAQ:TSLA) edges higher in after-hours trading, having hit another record high, at $265, in Wednesday’s regular trading session, after it files to sell $1.6 billion in convertible debt. Of the total offering, the luxury electric car maker will offer $800 million aggregate principal amount of convertible senior notes due 2019 and $800 million aggregate principal amount of convertible senior notes due 2021. Tesla intends … Continue reading After-Hours Movers: Tesla (TSLA) Edges Higher After Detailing Convertible Offering; NKTR, HDSN, ISIG

Aegerion Pharmaceuticals (NASDAQ:AEGR) Curbs Losses in Quarter

Aegerion Pharmaceuticals (NASDAQ:AEGR) is lower after it reported a Q4 loss that was smaller than analysts had expected and set a FY14 sales guidance that straddled estimates. Shares are down 11.48% at $58.73 with a 52-week range of $28.33 – $101.00. In the quarter, the biopharmaceutical company had a non-GAAP loss of $0.14 per share, down from a loss of $0.71 the year earlier and … Continue reading Aegerion Pharmaceuticals (NASDAQ:AEGR) Curbs Losses in Quarter

Markets Watch: Del Frisco’s Restaurant (NASDAQ:DFRG) Hits Record High

Del Frisco’s Restaurant (NASDAQ:DFRG) reached a record high Wednesday after reporting an improved Q4 year-over-year but fell short of analysts’ expectations. The company also provided fiscal 2014 earnings guidance below Street estimates. Shares are up 0.74% at $24.44, reaching an all-time high of $25.64. The company, which owns and operates Del Frisco’s Double Eagle Steak House, Sullivan’s Steakhouse, and Del Frisco’s Grille, reported Q4 adjusted earnings … Continue reading Markets Watch: Del Frisco’s Restaurant (NASDAQ:DFRG) Hits Record High