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General Electric's Synchrony Financial IPO Raises $2.88B - Analyst Blog

General Electric Company ( GE ) spun off its consumer lending arm Synchrony Financial in an initial public offering ("IPO"). The IPO raised $2.88 billion at $23 per share. Consequently, Synchrony Financial's market capitalization comes to around $19 billion.... Read >>

Faulty Jet Repairs to Cost Southwest Airlines $12M - Analyst Blog

Southwest Airlines Co. ( LUV ) may end up paying one of the heftiest fines ever charged by the Federal Aviation Administration (FAA). The regulator has alleged the carrier for non compliance of maintenance regulations in some of its... Read >>

Occidental Petroleum Beats Q2 Earnings and Revenue Estimates - Analyst Blog

Occidental Petroleum Corporation ( OXY ) reported second quarter 2014 adjusted earnings of $1.79 per share, surpassing the Zacks Consensus Estimate of $1.75 by 2.3%. On a year over year basis, quarterly earnings increased 13.3% primarily on the back... Read >>

Expedia Books Earnings Beats! - Analyst Blog

Expedia Books Earnings Beats Expedia Inc ( EXPE ) reported Q2 earnings after the bell today.  EPS crushed the Zacks Consensus Estimate of $0.68, by posting an EPS of $1.03.  Revenues also beat the Zacks Consensus Revenue Estimate of... Read >>

Impax Shares Plunge Post FDA Inspection of Taiwan Facility - Analyst Blog

Shares of Impax Laboratories Inc. ( IPXL ), which fell 15.2% immediately after the company announced that the FDA has inspected its Taiwan facility, continued to fall in the subsequent trading session. Shares are down 16.6% since the announcement.... Read >>

NiSource's Q2 Earnings Match Expectation, Reaffirms Guidance - Analyst Blog

NiSource Inc .'s ( NI ) second quarter 2014 adjusted operating earnings of 25 cents per share were in line with the Zacks Consensus Estimate. Quarterly earnings improved 8.7% year over year as the company continued to strengthen its... Read >>

Colgate-Palmolive Posts In Line Q2 Earnings, Misses Revenue - Analyst Blog

Colgate Palmolive Co. ( CL ), a global dealer in consumer goods, reported second quarter 2014 adjusted earnings of 73 cents per share which came in line with the Zacks Consensus Estimate. Earnings grew 4% year over year. Colgate... Read >>

JPMorgan to Pay $650K for Clearing CFTC False-Report Charges - Analyst Blog

JPMorgan Chase & Co. ( JPM ) has reached a $650,000 settlement with the Commodity Futures Trading Commission (CFTC) to resolve the claims of filing falsified reports on the trading positions of some of its large traders. This settlement... Read >>

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Globus Medical Breaks Below 200-Day Moving Average - Notable for GMED

In trading on Thursday, shares of Globus Medical Inc (Symbol GMED) crossed below their 200 day moving average of $22.43, changing hands as low as $22.29 per share. Globus Medical Inc shares are currently trading down about 3.5% on... Read >>

BioMarin Q2 Loss Narrower than Expected, Revenue Guidance Up - Analyst Blog

BioMarin Pharmaceutical 's ( BMRN ) second quarter 2014 loss on an adjusted basis of 19 cents per share was much narrower than the Zacks Consensus Estimate of a loss of 42 cents but wider than the year ago... Read >>