ARM Holdings reported strong third-quarter earnings and gave investors a solid, but not spectacular, fourth-quarter outlook that was relatively in line with our expectations. We will maintain our moat rating for ARM but may raise our fair value estimate by about 10%. Nonetheless, we still believe the company’s stock price reflects overly optimistic assumptions about…
Shares of HomeAway (NASDAQ:AWAY) are dipping in after-hours trade as the online vacation rental company said it intends to offer $350 million aggregate principal amount of convertible senior notes due 2019 in a private placement to qualified institutional buyers, as well as expects to grant the initial purchasers of the notes a 30-day option to…
Sonic (NASDAQ:SONC) reported Q2 earnings of $0.07 per share, up from $0.05 per share last year and a penny better than the analyst consensus on Capital IQ. System-wide same-store sales increased 1.4%, consisting of an increase of 1.5% at franchise drive-ins and an increase of 1.3% at company drive-ins. Total revenue was $109.7 million, down…
NewLead Holdings Ltd (NASDAQ:NEWL), an international, vertically integrated shipping and commodity company, announced having executed definitive agreements for the purchase of two eco type 31,800 dwt, Handysize bulk carriers which were built in 2012 for a total attainment price of $37 million.NewLead Holdings Ltd (NASDAQ:NEWL) stock performance was -15.99% in last session and finished the…
On March 3, 2014, Willis Lease Finance Corporation (NASDAQ:WLFC) issued a Press Release setting forth the Company’s results from operations for the three months and twelve months ended December 31, 2013 and financial condition as of December 31, 2013. Willis Lease Finance Corporation (NASDAQ:WLFC) stock performance was 0.85% in last session and finished the day…
Sonic Corp. (NASDAQ:SONC), the nation’s largest chain of drive-in restaurants announced that it will release results for the quarter ended February 28, 2014 after the market close on March 24, 2014. Sonic Corporation (NASDAQ:SONC) stock performance was 1.19% in last session and finished the day at $22.06. Traded volume was 699,330.00 shares in the last…
