Category: Tech IPO

Diversified Tech, Tech IPO, Venture Capital

Skyworks Reports 2Q Earnings, Expects Solid 2H Growth

Skyworks Solutions reported healthy fiscal second quarter earnings. Although the company gave investors a third-quarter outlook that was modestly below our expectations, it hinted at nice growth in the second half of calendar 2013. Skyworks’ revenue was $425 million in the March quarter, slightly above the outlook of $420 million as discussed by management in January. Sales were down 6% sequentially because of seasonal weakness … Continue reading Skyworks Reports 2Q Earnings, Expects Solid 2H Growth

Kristen BartonLeave a comment
Featured, Services Sector, Tech IPO

Realty Income Posts Rapid Increase in Acquisition Numbers

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 ever. Of that $4.57 billion total, $3.2 billion was spent … Continue reading Realty Income Posts Rapid Increase in Acquisition Numbers

Adam KeintzelLeave a comment
Finance, Financial, Popular, Semiconductors, Services Sector, Tech IPO

Pengrowth Energy Struggles in the Second Quarter

Pengrowth Energy reported earnings after the market close Wednesday. Earnings and cash flow fell, and uncertainty over the sustainability of the dividend persisted. The firm is once again in the position of requiring additional divestitures or making a dividend cut within the upcoming year. The problem for Pengrowth is that the continued payment of the dividend, combined with net losses, is eating into its book … Continue reading Pengrowth Energy Struggles in the Second Quarter

Chris LewisLeave a comment
FB Nasdaq FB Facebook
Finance, Tech IPO

Deutsche Bank Announces Capital Raise, Previews 1Q Earnings

It has been long said that Deutsche Bank looks undercapitalized, so it was no surprise today when the bank announced plans to raise EUR 2.8 billion of fresh equity capital through private placements. It plans to issue as many as 90 million new shares, which imply an issuance price of EUR 31.11. At the same time, the bank gave a brief overview of its better-than-expected … Continue reading Deutsche Bank Announces Capital Raise, Previews 1Q Earnings

Colin PettisLeave a comment
Diversified Tech, Finance, Financial, Mergers & Acquisitions, Services Sector, Software, Tech IPO

KPN Meets Street Expectations in Third Quarter

KPN reported third-quarter results that were generally in line with our expectations, and we are maintaining our fair value estimate and moat rating for now. While the firm has chosen to classify E-Plus, the German operation it agreed to sell to Telefonica, as a discontinued operation, we are including the division as we think there is still a significant chance that European regulators will not … Continue reading KPN Meets Street Expectations in Third Quarter

Jason KnoxLeave a comment
Analysis, BioTech, Commodities, Diversified Tech, Finance, Global Equity, Mergers & Acquisitions, Semiconductors, Services Sector, Software, software, Tech IPO

Still-Weak European Paper Demand Weighed on UPM’s 1Q Results

Despite relatively steady performance from the energy and pulp segments, UPM’s quarterly EBITDA contracted 20% year over year; EBITDA from the paper business was nearly halved over the same period. As the world’s largest producer of graphic paper, UPM remains highly dependent on its paper business, where volume continues to decline–European magazine papers fell 6%, newsprint fell 3%, and fine papers fell 6%–and present significant … Continue reading Still-Weak European Paper Demand Weighed on UPM’s 1Q Results

John MeadyLeave a comment