Category: Earnings

BioTech, Earnings

Tessera (NASDAQ:TSRA) Climbs After Boosting Q1 Guidance, Pocketing $196M Settlement

Technology stocks still were adding to their day-long advance, with shares of technology companies in the S&P 500 gaining 0.7% Thursday. In company news, Tessera Technologies (NASDAQ:TSRA) is up more than 8% this afternoon after the maker of miniaturization technologies said it will receive $196 million after reaching a settlement with Powertech Technology Co. Ltd. and Macrotech Technologies in their intellectual property dispute. Under terms … Continue reading Tessera (NASDAQ:TSRA) Climbs After Boosting Q1 Guidance, Pocketing $196M Settlement

Jason Knox
BioTech, business, Earnings, Energy, Finance

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

Mark Doerr
Gilead Sciences GILD NASDAQ:GILD
Earnings, Finance, Financial, news

Market Movers Roundup: Trina Solar Limited (NYSE: TSL), Deere & Company (NYSE: DE), Tower Semiconductor Ltd. (NASDAQ:TSEM), Kohl’s (NYSE: KSS)

American Depositary Receipts of Trina Solar Limited (NYSE: TSL) are up 0.1% in the pre-market session, as the solar-power products manufacturer reports a new EPC contract with Fresh Fruits Company, a food storage and logistics company in Amman, Jordan. TSL has been awarded the contract that calls for engineering, procurement, and construction services for a 2 MW rooftop solar power plant on Fresh Fruits’ stores … Continue reading Market Movers Roundup: Trina Solar Limited (NYSE: TSL), Deere & Company (NYSE: DE), Tower Semiconductor Ltd. (NASDAQ:TSEM), Kohl’s (NYSE: KSS)

Chris Lewis
Analysis, Earnings

AXA (ADR) (AXAHY) Caps Strong Year with Impressive Quarterly Results

AXA’s (ADR) (AXAHY) full-year results capped off a record year for the firm. Fueled by a 12% increase in operating earnings from the company’s property and casualty insurance business, which benefited from higher volume and investment income, AXA’s operating earnings for the full year 2013 increased 12% from last year’s level to EUR 4.6 billion. Operating trends continued to improve, with the company’s combined ratio declining … Continue reading AXA (ADR) (AXAHY) Caps Strong Year with Impressive Quarterly Results

Adam Keintzel
Analysis, BioTech, business, Earnings, Finance

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)

Richard Atkins
Earnings, misc

Earnings Roundup: ANSYS (NASDAQ:ANSS), (NASDAQ:ACIW), (NYSE:BBY)

ANSYS (NASDAQ:ANSS) reported Q4 revenue of $236.7 million, about in line with the analyst consensus of $237 million on Capital IQ. EPS was $0.96, a dime better than the Street view. For Q1, the company guided for revenue of $212 to $220 million and EPS of $0.73 to $0.76, vs. Street estimates of $217 million in revenue and earnings of $0.76 per share. For FY … Continue reading Earnings Roundup: ANSYS (NASDAQ:ANSS), (NASDAQ:ACIW), (NYSE:BBY)

Mark DeFrance