U.S. Bancorp USB reported net income of attributable to common shareholders of $1.4 billion, or $0.76 per diluted share, for the second quarter of 2013 compared with $1.3 billion, or $0.71 per diluted share, for the second quarter of 2012. Loans grew 7.4% compared with a year ago, primarily in commercial and residential loans. Low…
Genuine Parts Company reported earnings per share of $1.17, $0.04 less than the Street consensus but $0.09 better than year-ago EPS. The Street was expecting better performance from Genuine Parts’ office products and electrical wholesale operations. With the automotive group performing well and our expectation that the industrial and electrical/electronic (EIS) groups should improve as…
Today’s Stanford vs Notre Dame live stream can be watched at 3:30 PM ET through the links provided below. We are in the 6th week of the college football season 2014. The week features some of the most anticipated games with Stanford vs Notre Dame game being one of the highly anticipated games. The game…
Google posted second-quarter financial results that were modestly below forecasts for both revenues and earnings. The share price was beginning to bake in some overly optimistic expectations and it is no surprise that the market paused following the results. Given the relatively conservative view and after comparing our long-term discounted cash flow model to the…
Forward Air’s FWRD second-quarter consolidated revenue increased 8% but was roughly flat when excluding the addition of TQI, which was acquired in March. The core airport-to-airport business fell 5% from last year, driven by 3% deterioration in total yield and a low-single-digit fall in tonnage. A large portion of the revenue decline relates to a…
Dunkin’ Brands offers investors one of the more compelling domestic and international growth stories in consumer cyclicals with an exceptionally strong free cash flow profile. Dunkin’ can extend its brand reach beyond its core markets, as management has improved franchisee cash-on-cash returns in more nascent Western and Midwest markets through better site selection, national advertising,…
