Category: Earnings

Diversified Tech, Earnings

Alcoa Inc (NYSE:AA) Posts Strong First Quarter Results

As the first bell-whether company to report, Alcoa Inc (NYSE:AA) said Q1 came in at a loss of $(0.16)/share.  Excluding $276 million in special charges (from smelter and rolling mill capacity reductions), operating earnings for the metals and mining company were $0.09 (versus the street at $0.05). The delta versus analyst estimates came from strong performance in the alumina segment; primary metals also came in better … Continue reading Alcoa Inc (NYSE:AA) Posts Strong First Quarter Results

Adam Keintzel
Analysis, Diversified Tech, Earnings

Boyd Gaming (NYSE:BYD) Surges After Hours; Hill International (NYSE:HIL), Atlas Financial Holdings Inc. (NASDAQ:AFH), Summit Midstream Partners, LP (NYSE:SMLP), American Eagle Energy (NYSEMKT:AMZG)

Boyd Gaming (NYSE:BYD) is surging in after-hours trading after activist hedge fund Elliott Associates disclosed a stake in the casino operator. In a filing with the SEC, Elliott disclosed it owns 4.99% of Boyd’s outstanding common stock, with a 2.05% exposure to common shares via derivatives. Elliott said its combined economic exposure to Boyd (NYSE:BYD) is 7%, with its voting power in the company coming … Continue reading Boyd Gaming (NYSE:BYD) Surges After Hours; Hill International (NYSE:HIL), Atlas Financial Holdings Inc. (NASDAQ:AFH), Summit Midstream Partners, LP (NYSE:SMLP), American Eagle Energy (NYSEMKT:AMZG)

Mark DeFrance
Diversified Tech, Earnings

Stocks on the Move Mid Day: Emmis Communications (NASDAQ:EMMS), Delta Air Lines (NYSE:DAL), BP (NYSE:BP), Sensient Technologies (NYSE: SXT)

Emmis Communications (NASDAQ:EMMS) jumped 4.7% after a federal court rules in favor of Emmis (NASDAQ:EMMS)  regarding dissident preferred shareholders. The judge now orders final judgement in the case. This ends a two-year fight with preferred shareholders who objected to Indianapolis-based media company’s decision to eliminate stock dividends and remove voting rights. Emmis Communications (NASDAQ:EMMS) is trading near the high end of a 52-week price range … Continue reading Stocks on the Move Mid Day: Emmis Communications (NASDAQ:EMMS), Delta Air Lines (NYSE:DAL), BP (NYSE:BP), Sensient Technologies (NYSE: SXT)

Jason Knox
FB Nasdaq FB Facebook
Earnings

Stocks Roundup: MBII, SWY, VLO, ACMP, EXLP

Marrone Bio Innovations, Inc. (NASDAQ:MBII), a global provider of bio-based pest management and plant health products, said its Venerate Bioinsecticide has received federal registration from the EPA. BMII was up about 5% in Monday’s session, hitting a session high of $15.21 and trading in a 52-week range of $12.27 to $20.00. The insecticide controls a broad spectrum of pests and will be sold into a … Continue reading Stocks Roundup: MBII, SWY, VLO, ACMP, EXLP

Chris Lewis
FB Nasdaq FB Facebook
Earnings, Stock Movers

Stocks Making Noise After Hours: Bunge Limited (NYSE:BG), National Interstate Corp.’s (NASDAQ:NATL) , PHI Inc. (NASDAQ:PHII), KKR & Co. L.P. (NYSE:KKR), Strategic Hotels & Resorts, Inc. (NYSE:BEE)

Bunge Limited (NYSE:BG), a global agribusiness and food company, has declared a regular quarterly cash dividend of $0.30 per common share, payable June 2, 2014, to shareholders of record May 16, 2014. The company also declared a quarterly cash dividend of $1.21875 per share on its 4.875% cumulative convertible perpetual preference shares, payable June 1, 2014, to shareholders of record on May 15, 2014. Shares … Continue reading Stocks Making Noise After Hours: Bunge Limited (NYSE:BG), National Interstate Corp.’s (NASDAQ:NATL) , PHI Inc. (NASDAQ:PHII), KKR & Co. L.P. (NYSE:KKR), Strategic Hotels & Resorts, Inc. (NYSE:BEE)

Chris Lewis
FB Nasdaq FB Facebook
Analysis, Earnings

Afternoon Stocks Watch: APEI; PRGO; MAIN; CSG; NCT

American Public Education (NASDAQ:APEI) was the target Friday of an investment-rating downgrade by BMO Capital Markets, which cut the stock to market perform from outperform following the online-postsecondary education provider’s late-Thursday release of lower-than-expected Q4 earnings and Q1 EPS guidance that was well below the Street view. BMO also cut its target price on APEI, lowering it to $36 from $44. In a note to … Continue reading Afternoon Stocks Watch: APEI; PRGO; MAIN; CSG; NCT

Kristen Barton