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,…
Both GlaxoSmithKline plc (NYSE:GSK) and NewLink Genetics are working to boost their capacity to make Ebola vaccines, with a goal of a “very significant increase in scale during the first half of 2015”, the World Health Organization said on Wednesday. GlaxoSmithKline plc (NYSE:GSK) belongs to Healthcare sector. Its net profit margin is 27.40% and weekly…
Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued on Tuesday. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) belongs to Technology sector. Its net profit margin is 31.50% and weekly performance is 0.90%. On last trading day company shares ended up $20.29….
Annaly Capital Management, Inc. (NYSE:NLY) announced an adjustment to the conversion rate for 4.00% Convertible Senior Notes Due 2015 (the “Notes”). The adjustment to the conversion rate for the Notes is being made pursuant to the governing indenture for the Notes in light of the Company’s previously announced third quarter 2014 common stock cash dividend…
