Google (NASDAQ GOOG) have reportedly opposed the United States Government of an increase in legal authority to get hold of global computer network. Google has been stringent with the privacy rules. They have opposed a move which targets in giving more authority to the US government in cases related to computer hacks around the world….
Equinix (NASDAQ:EQIX) reported solid Q4 results, modestly ahead of the Street and management’s guidance. Based on recurring FCF estimates, the market is already pricing in a favorable REIT conversion ruling, with shares trading at a modest premium to other REITs. Moreover, if the company does not receive a positive ruling, analysts see significant downside in…
Cumulus Media (NASDAQ:CMLS) reported net revenues of $328M for the fourth quarter. 4Q revenue was positively impacted by healthy advertising trends across auto, healthcare and financial services, slightly offset by weakness across retail, tracking weaker holiday sales. EBITDA was $96M (+6% yoy), mostly driven by investments that took place earlier in the year, improving margins…
Life Time’s fourth-quarter EPS rose 13%, to $0.63, ahead of our and the consensus estimates of $0.62 and at the high end of management’s implied guidance of $0.61 to $0.63, although the upside versus consensus expectations came courtesy of a $0.015 benefit from a lower-than-expected tax rate. Membership trends were once again shy of expectations,…
Microsoft (NASDAQ MSFT) has been a rejuvenated stock off late. The stock has been performing very well and has been around the $125 levels. Such levels are a high for the company which is going to release Windows 10 in the coming months. The stock has actually benefited from the new found ideals of Satya…
Thursday morning, Cyberonics reported mixed fiscal third-quarter results, with revenue a bit softer than expected, while earnings per share exceeded estimates. Despite the revenue shortfall, management maintained its full-year sales guidance and lifted its earnings guidance for fiscal 2014 (ending in April), which signals management’s confidence in the underlying business. In addition, the company received…
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