Improved Outlook for Solera Drives Another Increase to Guidance

Solera reported relatively in-line fiscal second-quarter results on Wednesday, February 5, and meaningfully increased its guidance for fiscal 2014. Adjusted EPS of $0.64 in the fiscal second quarter were $0.02 higher than our estimate and in line with the consensus. Revenue growth of 14% year-over-year in the quarter (about 6% organically) was in line with our estimate and a touch below the consensus. Management attributed … Continue reading Improved Outlook for Solera Drives Another Increase to Guidance

CGX Acquisition on Track for R.R. Donnelley

The R.R. Donnelley pending acquisition of Consolidated Graphics (CGX) recently received regulatory approval and is expected to close in 1Q14. The transaction is still subject to approval of CGX shareholders, who will receive $34.44 in cash and 1.651 shares of RR Donnelley per CGX share plus Donnelley’s assumption of Consolidated Graphics debt of about $98 million for a total estimated purchase price of $746 million, … Continue reading CGX Acquisition on Track for R.R. Donnelley

Diodes Reports In-Line Quarterly Results

Following in the footsteps of comparable companies, Diodes reported in-line 3Q13 results but also provided below-consensus 4Q13 revenue guidance. Management’s 4Q13 revenue guidance of -5.5% quarter over quarter (midpoint) is an indication of weaker market conditions and not indicative of the company losing market share. We are sticking with our Buy rating as we believe the company can generate >$2.00 in non-GAAP EPS once all … Continue reading Diodes Reports In-Line Quarterly Results

BBVA’s Sees Increased Profits

In the first quarter, Spain’s Grupo BBVA reported profits of EUR 1,734 million, largely driven by gains of about EUR 823 million on disposals. Impairment losses fell 51% sequentially to EUR 1,376 million on the non-recurrence of special provisions in the trailing quarter, but the benefit of this was largely offset by a 7% sequential drop in net interest income, to EUR 3,623 million, as … Continue reading BBVA’s Sees Increased Profits

France 3 En Direct

Voir France 3 en Streaming Live sur Internet + Direct TV

Ne ratez pas le direct de France 3 dès maintenant. C’est à voir en direct live streaming sur Internet sur votre tablette, téléphone Android, application iPhone ou PC, et c’est à voir à la télévision en direct dans le pays où vous habitez. Dès maintenant, la chaîne France 3 peut être regardée en streaming live avec une application gratuite sur Internet et sur tablette ou … Continue reading Voir France 3 en Streaming Live sur Internet + Direct TV