Apple (NASDAQ AAPL) Stock News: Apple Posts The Best Quarter in History
Apple (NASDAQ AAPL) is currently on a roll. The stock has been trading at all time high levels which is simply incredible. Apple broke the $120 levels in the recent times and has been trading comfortably above the $100 levels which were earlier seen as major levels. Apple also posted their recent Q4 earnings report and they have been spectacular as expected by most of … Continue reading Apple (NASDAQ AAPL) Stock News: Apple Posts The Best Quarter in History
GSE Systems, Inc. Reports a Respectable Q3 in a Tough Environment
Last night, GSE Systems, Inc. (GVP) reported a good quarter, delivering contract revenue upside, in line GAAP EPS and relatively stable backlog in its 3Q13 earnings report. Despite posting a respectable performance, the company is still feeling the impact from stalled nuclear and non-nuclear simulator projects in the US, and from cancelled and delayed nuclear projects in Japan and Germany. We’re reiterating our Speculative Hold … Continue reading GSE Systems, Inc. Reports a Respectable Q3 in a Tough Environment
Stock in News: A Look At Facebook (NASDAQ FB) Q4 Reports
Facebook (NASDAQ FB), on 28th January, released its final quarter earnings report. The report also contained the year end earning reports. The report makes two things plain and clear: Facebook are currently reaping in a lot of advertising revenues. Second, the social networking giants are looking to make long term investment decisions which help the company expand and connect with their audience in a better … Continue reading Stock in News: A Look At Facebook (NASDAQ FB) Q4 Reports
CGX Acquisition on Track for R.R. Donnelley
The R.R. Donnelley pending acquisition of Consolidated Graphics (CGX) recently received regulatory approval and is expected to close in 1Q14. The transaction is still subject to approval of CGX shareholders, who will receive $34.44 in cash and 1.651 shares of RR Donnelley per CGX share plus Donnelley’s assumption of Consolidated Graphics debt of about $98 million for a total estimated purchase price of $746 million, … Continue reading CGX Acquisition on Track for R.R. Donnelley
Geeknet Posts 30% Revenue Growth in Third Quarter
Geeknet reported strong 3Q13 revenue growth of 30% to $22.4 million vs. the 22% Street estimate, reflecting a significant quarter over quarter increase in new product launches and increased penetration in the wholesale channel. Adjusted EBITDA of a loss of $831,000 also exceeded our forecast, highlighting what we believe are sustainable margin improvements over the longer term, spearheaded by strong hires at the beginning of … Continue reading Geeknet Posts 30% Revenue Growth in Third Quarter
Manhattan Associates Post Solid Top Line Numbers
Manhattan Associates reported better than expected 3Q total revenue and EPS. License revenue was $1.7 million lighter than we expected, though the company made up the deficit on services. Investor sentiment was somewhat cautious heading into the print, resulting in the stock up marginally (1%- 3%) in after-hours trading. While MANH executed reasonably well, sluggish license revenue growth and valuation remain a stumbling block to … Continue reading Manhattan Associates Post Solid Top Line Numbers