Dril-Quip, Inc. (NYSE:DRQ), which makes engineered offshore drilling and production equipment, said net income rose to $47.1 million, or $1.15 per diluted share, from $31.0 million, or $0.76 per diluted share, beating analysts’ estimates by one cent, according to Capital IQ. The company said the Q4 results for 2013 results were hit by an after-tax…
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…
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…
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…
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…
Apple (NASDAQ AAPL) has always been a pioneer in innovation. Whenever it has entered a market, it has brought about a lot of changes with itself, disrupting the whole market segment in the process. Be it the introduction of iPhones and iPads, or be it the Macs which led to the world of computers as…
