Tower Semiconductor (NASDAQ:TSEM) Tops Street Forecasts; NYSE:TSL, NYSE:DE, NYSE:KSS
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. For Q1 2014, the company estimates revenues to be between … Continue reading Tower Semiconductor (NASDAQ:TSEM) Tops Street Forecasts; NYSE:TSL, NYSE:DE, NYSE:KSS
Morning Earnings Roundup: Delek, Assured Guaranty, American States
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 totaled $1.9 billion, down from $2.2 billion last year, missing … Continue reading Morning Earnings Roundup: Delek, Assured Guaranty, American States
Street Expecting $.06 EPS, Revenue of $1.12B from Salesforce.com (NYSE:CRM) in Quarter
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 last 37 extended-hours earnings reports. Looking deeper into the performance … Continue reading Street Expecting $.06 EPS, Revenue of $1.12B from Salesforce.com (NYSE:CRM) in Quarter
Sandridge (NYSE:SD) Set to Announce Earnings; Active Trading Anticipated
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 is likely to be of limited value in forecasting additional … Continue reading Sandridge (NYSE:SD) Set to Announce Earnings; Active Trading Anticipated
Stock in Action: Apple (NASDAQ AAPL) Leading the Virtual Shopping Charge?
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 we know today, Therefore it should not come as a … Continue reading Stock in Action: Apple (NASDAQ AAPL) Leading the Virtual Shopping Charge?
After-Hours Movers: Tesla (TSLA) Edges Higher After Detailing Convertible Offering; NKTR, HDSN, ISIG
Tesla (NASDAQ:TSLA) edges higher in after-hours trading, having hit another record high, at $265, in Wednesday’s regular trading session, after it files to sell $1.6 billion in convertible debt. Of the total offering, the luxury electric car maker will offer $800 million aggregate principal amount of convertible senior notes due 2019 and $800 million aggregate principal amount of convertible senior notes due 2021. Tesla intends … Continue reading After-Hours Movers: Tesla (TSLA) Edges Higher After Detailing Convertible Offering; NKTR, HDSN, ISIG
