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Mindray Medical International (NYSE:MR) is lower in after hours trading after the company reported financial results for Q4 that beat the single analyst estimate on Capital IQ and provided guidance for fiscal 2014. Shares are down 1.19% at $34.80, with a 52-week range of $33.88 – $43.81. The developer, manufacturer and marketer of medical devices…
Magna International (NYSE:MGA) shares reached their all-time high Monday after the company reported improved Q4 financial results and said it expects fiscal 2014 revenue about in line with estimates. Near midday, Magna International (NYSE:MGA) shares are up 2.5% at $91.32, and earlier hit a record high of $92.42. The automotive supplier reported Q4 earnings of $2.03…
Stillwater Mining Company (NYSE:SWC) was higher nearly 3% in early trade after lifting its guidance for 2014, even as it swung to a Q4 loss on an impairment charge. The producer of palladium, platinum and other metals reported a Q4 loss of $0.65 per share compared to a profit of $0.13 the year earlier and,…
Bemis Co. (NYSE:BMS) said it will close its plant in Stow, Ohio, which is one of its Pressure Sensitive Materials manufacturing facilities, resulting in the loss of about 115 jobs. The company said it will take a pretax charge of about $30 million in 2014 related to the closure, which includes costs related to the…
Exlservice Holdings Inc. (NASDAQ:EXLS) rose 7.1% after the company reported Q4 earnings that beat analysts’ estimates. The consulting company said adjusted Q4 earnings increased 25% from a year earlier to $0.55 a share, exceeding estimates on Capital IQ of $0.49. Exlservice Holdings Inc. (NASDAQ:EXLS) had diluted earnings per share of $0.47 compared to $0.36 a year…
Canada-listed Osisko Mining (TSE:OSK.TO) said Monday it has reached an agreement with larger dual-listed rival Goldcorp Inc. (NYSE:GG) to settle a proceeding Osisko (TSE:OSK.TO) commenced against Goldcorp (NYSE:GG) in the Quebec Superior Court, which prompted GG shares to gain 2.5% in early Monday trading. Under the agreement, Osisko (TSE:OSK.TO) has agreed to provide Goldcorp (NYSE:GG) full due-diligence access to…
