Market Watch

Rada Electronics Industries Awarded Contract

Rada Electronics Industries Awarded Contract

August 16, 2017 at 10:26 am 0 comments

Rada Electronics Industries said it has received a strategic first order for dozens of Multi-Mission Hemispheric Radars (MHR) for more than $8 million. The radars will be used by the U.S. military, providing it with air surveillance with emphasis on counter-unmanned aerial vehicles (UAV). The radars are expected to be fielded for operational use soon after delivery, which will takeRead More

Eversource Energy Gets Positive Regulatory Decision on Project

Eversource Energy Gets Positive Regulatory Decision on Project

August 11, 2017 at 12:20 pm 0 comments

Eversource Energy said the U.S. Department of Energy has issued the final environmental Impact statement for the Northern Pass hydroelectric transmission project. The company said the DoE concluded that the proposed Northern Pass route is the “preferred alternative,” that the project provides substantial benefits, and that it will result in only minimal impact, Eversource said. Eversources said it expects toRead More

Zoetis Meets Q2 Street Views on EPS and Revenues

Zoetis Meets Q2 Street Views on EPS and Revenues

August 8, 2017 at 12:03 pm 0 comments

Zoetis, a purveyor of medicines for animals, Tuesday reported Q2 earnings and revenues in line with Street views. Zoetis reported Q2 adjusted EPS of $0.53, in line with Street views as compiled by Capital IQ, and above the $0.49 reported a year earlier. The company reported revenues of $1.27 billion, also in line with Street views, and above the $1.21Read More

Dana Tops Estimates On EPS and Revenues

Dana Tops Estimates On EPS and Revenues

July 31, 2017 at 11:41 am 0 comments

Dana, a service provider for vehicles and machinery, reported Q2 adjusted earnings of $0.68, up from $0.53 in the same period a year ago and topping the estimate of $0.52 from analysts polled by CapIQ. Total revenues of $1.84 billion were up from $1.55 billion in the same period a year ago and exceeded the Street projection of $1.67 billion.Read More

Bloomin’ Brands Q2 EPS Meets Views on Shy Revenues

Bloomin’ Brands Q2 EPS Meets Views on Shy Revenues

July 26, 2017 at 12:53 pm 0 comments

Bloomin’ Brands reported Wednesday financial results for Q2, with earnings that matched analysts’ expectations on lower revenues that just missed forecasts; it also reaffirmed its guidance for fiscal 2017 in line with forecasts. For the quarter ended June 25, the owner and operator of casual, upscale casual and fine dining restaurants posted adjusted earnings of $0.28 per share, compared withRead More

Bond Prices Lower

Bond Prices Lower

July 24, 2017 at 12:37 pm 0 comments

U.S. Treasury prices stalled out Monday following a mix of data with June home sales missing while manufacturing jumped in July while services were flat. The long end has led lower with the 10-year working the high end of the month’s range caught between 2.24% and 2.25% with the curve trade little-changed but leaning flatter. The event risk littering theRead More

Floor & Decor Holdings Prices Secondary Offering

Floor & Decor Holdings Prices Secondary Offering

July 20, 2017 at 11:48 am 0 comments

Floor & Decor Holdings said pre-market Thursday that the underwritten secondary offering of 10.7 million shares from some stockholders has been priced at $40 each, a 2.3% discount relative to the stock’s Wednesday closing price. The company is not selling any shares in this offering and will not receive any proceeds from the sale. The sellers include linked to AresRead More