‘ second-quarter earnings demonstrate the strength of the company’s business model and underlying profitability, as highly efficient and productive new plants drove improvement in the electricity segment and the company’s dominance in lower-heat geothermal continued to produce strong results. During the quarter, Ormat earned $0.41 per share excluding noncash derivative gains and the gain on…
Chipotle saw a nice sequential uptick in comparable restaurant sales during the second quarter, with much of the 5.5% increase stemming from ongoing peak-hour traffic throughput efforts as well as greater call-to-action marketing. Entering the quarter, there were concerns that competitive pressures (emergent fast-casual restaurant competition and more aggressive promotional activity from traditional quick-service and…
Noble Corp plc (NYSE:NE) was downgraded by equities research analysts at ING Group to a “hold” rating in a research note issued to investors on Thursday. Noble Corp. (NYSE:NE) belongs to Basic Materials sector. Its net profit margin is 19.70% and weekly performance is -12.15%. On last trading day company shares ended up $20.24. Noble…
Equities researchers at Deutsche Bank dropped their target price on shares of Newmont Mining Corp (NYSE:NEM) from $27.00 to $25.00 in a research report issued on Thursday. The firm currently has a “hold” rating on the stock. Deutsche Bank’s price target would indicate a potential upside of 8.65% from the stock’s previous close. Newmont Mining…
Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) Chief Executive Officer Maria das Gracas Foster has told Brazil Finance Minister Guido Mantega, who chairs the state-run oil producer, that it needs at least a 10 percent increase in fuel prices, said a person with direct knowledge of the talks. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) belongs to…
Drugmaker Merck said on Oct 01, that it completed the sale of its consumer care business, which makes products including Claritin allergy medication and Coppertone sun-care line, to German health care company Bayer for $14.2 billion. Merck & Co. Inc. (NYSE:MRK) belongs to Healthcare sector. Its net profit margin is 12.90% and weekly performance is…
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