Shares of Target Stores (NYSE:TGT) closed up 7% on Wednesday after the discount retailer reported Q4 2013 adjusted EPS of $0.90, above its prior outlook and the street’s forecasts. Given bearish sentiment on the name, investors were likely relieved the company did not miss, even though earnings were up against a lower bar. The bulls…
Specialty foundry company Tower Semiconductor Ltd. (NASDAQ:TSEM) reports non-GAAP diluted EPS of $0.34 for Q4 2013, up sequentially from $0.22 in Q3 2013. Two analysts surveyed by Capital IQ called for non-GAAP diluted EPS of $0.29. Revenue was down 2% from Q3 2013 to $134.6 million, falling short of the $140 million Capital IQ consensus….
Energy company Delek US Holdings, Inc. (NYSE:DK) reported Wednesday night Q4 2013 net loss of $4.7 million, or $0.08 per share, compared to a net income of $64.3 million, or $1.06 per share, a year earlier. Adjusted earnings were not provided, which would have been comparable to the Capital IQ consensus of $0.11. Net sales…
Salesforce.com (NYSE:CRM) is set to report its Q4 results in tonight’s after-hours. Analysts polled by Capital IQ expect earnings of $0.06 per share on revenue of $1.12 billion. CRM favors a reversal trend between the bells following its after-hours earnings reports, narrowing or reversing 19 times and widening 18 times in next-day trade following its…
SandRidge Energy, Inc. (NYSE:SD) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect very active trading in the issue immediately following its quarterly earnings announcement. Historical earnings event related premarket and after-hours trading activity in SD indicates that the price change in the extended hours…
Apple (NASDAQ AAPL) has always been a pioneer in innovation. Whenever it has entered a market, it has brought about a lot of changes with itself, disrupting the whole market segment in the process. Be it the introduction of iPhones and iPads, or be it the Macs which led to the world of computers as…
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