Notable Analyst Actions: Cara Therapeutics, Intrawest Resorts, TIVO, TriQuint Semiconductor, Meredith; Basic Energy Services
Analysts at JMP Securities have initiated coverage of mountain resort operator Intrawest Resorts Holdings Inc. (NYSE:SNOW) with a Market Perform rating. The price target has been set at $17 a share. In pre-market activity, SNOW shares are unchanged at $8.07, and move within a 52-week range of $10.80 – $14.67. Shares of Cara Therapeutics (NASDAQ:CARA) climbed in Tuesday’s pre-market session, as Janney Capital Markets started … Continue reading Notable Analyst Actions: Cara Therapeutics, Intrawest Resorts, TIVO, TriQuint Semiconductor, Meredith; Basic Energy Services
Aircastle (NYSE:AYR) Q4 Results Top Expectations; Bloomin Brands (NASDAQ:BLMN) Beats Street
Aircastle (NYSE:AYR) reported Q4 earnings and sales that topped analysts expectations and struck a deal worth $900 million to buy eight Boeing 777-300ER aircraft from LATAM Airlines Group and then to lease them back. The buyer, leaser and seller of aircraft back to commercial airlines said adjusted net income rose to $0.68 per share from $0.52 the year earlier, coming in well ahead of the … Continue reading Aircastle (NYSE:AYR) Q4 Results Top Expectations; Bloomin Brands (NASDAQ:BLMN) Beats Street
Fifth & Pacific Companies (NYSE:FNP) Sees Sales Soar in Q4
Fifth & Pacific Companies (NYSE:FNP), which designs and markets premium brands Juicy Couture and Kate Spade, reported its fiscal Q4 net income tripled as net sales climbed. For the quarter ended Dec. 28, Q4 net income rose to $185.2 million, or $1.48 per share, up from $57 million, or $0.47 per share, a year earlier. Excluding one-time items and discontinued operations such as the Lucky … Continue reading Fifth & Pacific Companies (NYSE:FNP) Sees Sales Soar in Q4
Orexigen Therapeutics Sees Shares Slide Pre-Market; Eli Lily Edges Up
Shares of Orexigen Therapeutics (NASDAQ:OREX) slipped in Tuesday’s pre-market session, after the developer of drug treatments for obesity and related disorders said it received a Day 120 List of Questions regarding the marketing authorization application for its NB32 weight-loss drug candidate from the European Medicines Agency’s Committee for Medicinal Products for Human Use. The company said the EMA reviewers’ questions “are consistent with issues raised … Continue reading Orexigen Therapeutics Sees Shares Slide Pre-Market; Eli Lily Edges Up
Pre-Market Earnings Results: Cracker Barrel, Visteon, Steve Madden, OGE Energy, WCI
Cracker Barrel Old Country Store (NASDAQ:CBRL) said adjusted fiscal Q2 adjusted earnings rose to $1.56, in line with analysts’ estimates, though revenue missed the consensus after severe winter weather affected store traffic. The company had adjusted earnings per diluted share of $1.43 in the prior year quarter. Total revenue in the three months to end January was $698.5 million down 0.6% from a year ago. … Continue reading Pre-Market Earnings Results: Cracker Barrel, Visteon, Steve Madden, OGE Energy, WCI
Morning Movers – TMUS, TSLS, IMUC
Telecommunications company T-Mobile, US Inc. (NYSE:TMUS) reports a Q4 2013 loss of $19 million, or $0.03 per diluted share, which would have been better than the Thomson Reuters consensus of $(0.13). In the same period last year, the company had a profit of $42 million, or $(0.01) per diluted share. Revenues totaled $6.9 billion versus $4.9 billion in the prior-year period. T-Mobile ended the fourth … Continue reading Morning Movers – TMUS, TSLS, IMUC