Bravo Brio Restaurant (NASDAQ:BBRG) delivered 4Q13 operating earnings of $0.30 per share. Results were driven by same-store sales of (1.3%) at Bravo and (1.5%) at Brio. Total revenues decreased approximately (5.2%) y/y to $106.1 million, based partially on same-store sales of (1.3%) at Bravo and (1.5%) at Brio. The company opened 4 new Brio during…
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…
Analysts at JMP Securities have initiated coverage of mountain resort operator Intrawest Resorts Holdings Inc. (NYSE:SNOW) with a Market Perform rating. The price target has been set at $17 a share. In pre-market activity, SNOW shares are unchanged at $8.07, and move within a 52-week range of $10.80 – $14.67. Shares of Cara Therapeutics (NASDAQ:CARA)…
Aircastle (NYSE:AYR) reported Q4 earnings and sales that topped analysts expectations and struck a deal worth $900 million to buy eight Boeing 777-300ER aircraft from LATAM Airlines Group and then to lease them back. The buyer, leaser and seller of aircraft back to commercial airlines said adjusted net income rose to $0.68 per share from…
Fifth & Pacific Companies (NYSE:FNP), which designs and markets premium brands Juicy Couture and Kate Spade, reported its fiscal Q4 net income tripled as net sales climbed. For the quarter ended Dec. 28, Q4 net income rose to $185.2 million, or $1.48 per share, up from $57 million, or $0.47 per share, a year earlier….
Shares of Orexigen Therapeutics (NASDAQ:OREX) slipped in Tuesday’s pre-market session, after the developer of drug treatments for obesity and related disorders said it received a Day 120 List of Questions regarding the marketing authorization application for its NB32 weight-loss drug candidate from the European Medicines Agency’s Committee for Medicinal Products for Human Use. The company…
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