Morning Watchlist: Apollo Investment, XOMA, Taminco, Hyperion Pharma

Shares in Apollo Investment Corporation (NASDAQ:AINV) dropped more than 5% pre-market after the company said it has priced a public offering of 12.0 million shares. Underwriters have the option to buy an additional 1.8 million shares. The company didn’t give the price of the offer. XOMA Corp (NASDAQ:XOMA) is moving nearly 5% higher after the drug maker announced that gevokizumab, the company’s IL-1 beta modulating … Continue reading Morning Watchlist: Apollo Investment, XOMA, Taminco, Hyperion Pharma

After-Hours Market Movers – PERY, CHMT, EOG

Perry Ellis International, Inc. (NASADQ:PERY) in Monday after-hours reports fiscal 2014 preliminary Q4 results for the quarter ended February 1 2014. PERY expects adjusted EPS to be in the range of $0.02-$0.05 while revenues are expected to decline 16% to approximately $216 million compared to revenues of $258 million last year. Analysts polled by Capital IQ are expecting EPS of $0.71 on revenues of $272.4 … Continue reading After-Hours Market Movers – PERY, CHMT, EOG

After Hours Earnings Roundup – KOS, TXRH, RP, WGMI, SCTY, FI, SF

Kosmos Energy (NYSE:KOS) is higher after the oil exploration and production company reported that for Q4, its earnings were in line while revenue topped Street forecasts. Shares are up 2.73% at $10.91, with a 52-week range of $9.71 – $12.17. KOS said Q4 net income fell to $0.01 from $0.08 a year ago, in line with analysts’ estimates, according to Capital IQ. Total revenue was … Continue reading After Hours Earnings Roundup – KOS, TXRH, RP, WGMI, SCTY, FI, SF

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S&P Rallies to Record High

Stocks are back in rally-mode, with the S&P 500 index touching a new record high as mergers, Fed Chair Janet Yellen’s upcoming conclusion to her Humphrey-Hawkins testimony and the hope for accelerating global growth all fuel an impressive run-up in prices. Economic data today was again disappointing, but the financial markets have all but dismissed any data from December through February as being adversely impacted … Continue reading S&P Rallies to Record High

Pre-Market Movers – EXK, LLY, DDS, TGE, CPS

Endeavour Silver Corp. (NYSE:EXK) is up 1.5% in pre-market trade on Monday as it provided updated NI 43-101 silver and gold reserve and resource estimates for its three producing silver mines in Mexico (the Guanacevi Mine in Durango State and the Bolanitos and El Cubo Mines in Guanajuato State) as well as one exploration project (San Sebastian Project in Jalisco State) as of December 31, … Continue reading Pre-Market Movers – EXK, LLY, DDS, TGE, CPS

Forward Air Corp Fourth-Quarter Results Fall Short Mainly Due to Weather

Forward Air fourth-quarter EPS declined 7%, to $0.50, which fell well short of our $0.55 estimate and the $0.56 consensus. The miss was mainly due to increased costs associated with difficult weather while revenue growth remained healthy (up 16%, to $181 million) and volume growth was strong (airport-to-airport volume up 6%). We believe the weather challenges this winter have been unprecedented, and we were not … Continue reading Forward Air Corp Fourth-Quarter Results Fall Short Mainly Due to Weather