Global engineering and construction company KBR, Inc. (NYSE:KBR) is the biggest midday loser this Friday. Its stock price dipped -14.68% following the release of some rough earnings results. KBR, Inc. (NYSE:KBR) stock performance was -13.53% in last session and finished the day at $27.62. Traded volume was 0.00 shares in the last session and the…
Despite posting vastly lower sales than it expected in Canada, Target Corporation (TGT) expects its sales in this country to double this year over last – but it has a long way to go before hitting its longer-term forecast of $6-billion. Target Corporation (NYSE:TGT) stock performance was 3.10% in last session and finished the day…
Diodes, Inc. management issued a mid-quarter update after the market close. Regarding 4Q13 revenue and operating expenses, not a lot has changed since management issued guidance on November 12. Gross margin, however, is now expected to be 60bp higher than the midpoint of previous guidance. The slight positive variance to gross margin could be due…
St. Jude Medical released third-quarter performance that was generally consistent with our expectations, and we have not altered our projections for the full year. However, we plan to modestly raise our fair value estimate to reflect the reduced share count and cash flow realized since our last update. While St. Jude continues to wrestle with…
Wipro reported solid fiscal second-quarter earnings that, despite a continued soft spending environment, were in line with our expectations. IT Services delivered another good quarter, as the company was able to book a number of key contract wins. Management provided optimistic guidance for the upcoming quarter, and we will update our financial model based on…
Realty Income announced $503 million of acquisitions for its third quarter as well as the issuance of as many as 7.475 million shares of its common stock to help fund the deals. This acquisition activity brings Realty Income to a total of $4.57 billion of new property investments so far in 2013, its most acquisitive year…
