Piper Jaffray Companies reported net income applicable to common shareholders of $4.8 million, or $0.33 per diluted share, on $128 million of net revenue for the third quarter of 2013. If $5 million of acquisition-related costs and the results of discontinued operations are excluded, then the company would have reported pro forma earnings per diluted…
Heartland’s third-quarter consolidated top line fell 3% year over year, while revenue before fuel surcharges declined 4%; slightly behind our expected run rate for the full-year 2013. Management indicated that rates improved, but “inconsistent” freight demand, limited driver availability, and the government’s recently revised hours-of-service rules weighed on tractor utilization. We expect these factors to…
Mysterious barges appeared in the ocean near Google's basement. The software giant said nothing about the strange construction, until now. See what is behind the barges!Read More >>
Blockbuster has closed its gates. The video business is dead. But what is the history behind the scenes? And what is the next step in related fields?Read More >>
Caltex reported a 13% decline in first-half 2013 replacement cost net profit to AUD 171 million, in line with expectations. Revenue fell 2.5% to AUD 23.6 billion due to lower sales volumes and lower average prices. Marketing and distribution earnings before interest and tax, or EBIT, was in line with the record first-half 2012 result…
ASM Lithography reported third-quarter results that were within the range of our expectations. We are maintaining our fair value estimate and moat rating. For the quarter, revenue was EUR 1.32 billion, up 11% sequentially, and an increase from sales of EUR 1.23 billion in the year-ago quarter. Sales benefited from improved business conditions and a…
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