Archive
Microchip’s Q1 EPS beat estimates, issues strong Q2 view
Microchip Technology Incorporated (NASDAQ: MCHP), the manufacturer of micro-controller and analog computers, posted a better than expected fiscal 2017 first-quarter earnings. However, the revenue missed the Wall Street estimates. Considering the y-o-y growth in revenue and appreciable second-quarter revenue and
Read MoreAmetek misses Q2 rev. estimates, issues weak Q3 EPS view
Last week, Ametek, Inc (NYSE: AME), the manufacturer of electronic instruments and electromechanical devices reported a decline in the fiscal 2016 second-revenue, compared to the corresponding period last year. The revenue also missed the analysts estimate. The earnings were in
Read MoreBank of Hawaii’s Q2 results tops estimates
Yet another bank in the US has posted better than anticipated fiscal 2016 second-quarter results. Having pleased with the quarterly earnings of the Bank of Hawaii Corp (BOH), the traders at NYSE took little time to propel the stock price
Read MoreCogeco swings to Q3 loss on impairment charges
The shares of Cogeco Communications Inc. (CCA.TO) fell about 9% last week, following the announcement of fiscal 2016 third-quarter loss, compared to net profit in the similar period last year. The 11 th largest hybrid fiber coaxial cable operator in
Read MoreIHS tops Q2 estimates, reiterates FY16 guidance
Last week, the fiscal 2016 second-quarter results reported by the business research provider IHS Inc. (IHS) propelled its share price from a low of $107.85 to a high of $117.36. The earnings and revenue also exceeded the analysts’ estimates. Still,
Read MoreU.S. Continues To See U.K As A Key Alliance Partner Post Brexit
Recent supportive comments made by U.S. officials in the aftermath of the Brexit vote show that the United States (U.S) is unlikely to act on previous threats that it would downgrade its relationship with the United Kingdom. President Barack Obama
Read MoreAccenture beats Q3 estimates, raises FY16 EPS outlook
Last week, multinational management consulting services company Accenture plc (ACN) reported its fiscal 2016 third-quarter results that exceeded analysts’ estimates. However, the share price of Accenture has lost more than 8% or $10 per share in the last two trading
Read MoreHousing Market in UK Set To See More Foreign Investors After Brexit
The British vote for exiting the European Union has resulted in the pound dropping to its lowest level in 30 years along with multiple market crashes across the world. Property prices in Britain are also expected to drop consequently, opening
Read MoreFinisar beats Q4 estimates, issues strong Q1 outlook
Last week, Fiber optic technology company Finisar Corp. (FNSR) reported its fiscal 2016 fourth-quarter earnings and revenue that comfortably exceeded the estimate of analysts. The reported 16% gain in the earnings per share, on a y-o- y basis, was the
Read MoreCasey’s report strong Q4 same-stores sales growth
Casey's General Stores, Inc. (CASY) reported its fiscal 2016 fourth-quarter revenue that beat the analysts’ estimates. However, the earnings missed the Wall Street consensus by a single cent. Since the reported earnings were below the market’s expectations, the share price
Read More