MarketWatch - 10 minutes agoGold prices push higher ahead of Federal Reserve Chairman Ben Bernanke's testimony before Congress later in the day.
Briefing.com - 12 minutes agoReports Q1 (Apr) earnings of $0.18 per share, excluding non-recurring items, $0.01 better than the Capital IQ Consensus Estimate of $0.17; revenues fell 4.1% year/year to $679.5 mln vs the $677.35 mln consensus. Consolidated comparable sales, including AEO Direct, decreased 5% (ests -6%), compared to a 17% increase last year. First quarter 2013 comp sales are compared to the 13 weeks ended May 5, ...
Briefing.com - 13 minutes agoGoodman Networks will pay $3.25 per Multiband common share, redeem all of Multiband's outstanding preferred stock and repay Multiband's outstanding bank indebtedness in an all cash transaction totaling ~$116 million. This represents a premium of ~26.0% over the closing price of Multiband's common stock on May 21, 2013 and a premium of approximately 47.6% over Multiband's average closing price duri...
Briefing.com - 15 minutes agoReports Q4 (Mar) loss of $0.17 per share, $0.11 worse than the Capital IQ Consensus Estimate of ($0.06); revenues less service costs fell 1.4% year/year to $21.8 mln vs the $22.06 mln consensus.
Co issues guidance for FY14, sees FY14 revs of $101-106 mln vs. $106.21 mln Capital IQ Consensus Estimate.
We are encouraged by the transactions growth in the under-penetrated online hotels and holiday...
Briefing.com - 15 minutes agoCo announced it intends to file a Registration Statement on Form S-4 with the Securities and Exchange Commission (SEC) in connection with the proposed exchange offer announced by Pfizer Inc. (PFE). As part of the offer, Pfizer shareholders will be able to exchange all, some or none of their shares of Pfizer common stock for shares of Zoetis common stock. Pfizer currently holds approximately 80% of...
Briefing.com - 16 minutes agoThe major Asian bourses ended mostly lower, but Japan's Nikkei (+1.6%) outperformed after the latest Bank of Japan meeting. The central bank noted the "economy has begun to pick up," and that it is watching JGB yields carefully. The 10-yr yield ticked above 90 bps before slipping back to 89 bps. Data from the region saw Japan's trade deficit narrow to JPY0.76 trln (JPY0.63 trln expected, JPY0.92 t...
Briefing.com - 16 minutes agoCo announced a plan to declassify its Board of Directors, from three classes of directors to a single class, beginning in 2014. The co also announced that as a move to improve corporate governance Eliyahu Ayalon has decided to resign as Chairman of the Board so that role can be filled by a director who qualifies as an independent director under NASDAQ rules. Mr. Ayalon will remain a member of the ...
MarketWatch - 17 minutes agoApple earns almost as much from its customers' butterfingers as it does through corporate tax loopholes. A broken screen can now cost more than $200 to fix.
Briefing.com - 17 minutes agoCo announced that it proposed to offer $300 million aggregate principal amount of senior convertible debentures, subject to market conditions and other factors. The debentures will mature in June 2018. The interest rate, conversion rate, offering price and other terms will be determined by negotiations between SunPower and the initial purchasers of the debentures. The debentures will be convertibl...
Briefing.com - 17 minutes agoCo announces that its proprietary patent application, "Method of Storing Nanoparticle Formulations," has now been granted in the four largest markets for liver cancer globally: China, Japan, South Korea and most recently Taiwan. The newly issued patents pertain specifically to methods of storing stabilized, temperature-sensitive liposomal formulations and will assist in the protection of global r...
