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Zacks.com

Company News for April 23, 2013 - Corporate Summary

•    Hasbro, Inc. (NASDAQ: HAS ) reported first quarter earnings per share of $0.05, beating the Zacks Consensus Estimate of $0.03 •    Check Point Software Technologies Ltd. (NASDAQ: CHKP ) posted first quarter earnings per share of $0.73, in line with the Zacks Consensus Estimate •    B/E... Read >>

Zacks.com

Zions Beats Earnings & Revenues - Analyst Blog

Zions Bancorp. ( ZION ) reported adjusted first-quarter 2013 earnings of 49 cents per share, easily surpassing the Zacks Consensus Estimate of 39 cents. This was also significantly ahead of the prior quarter earnings of 21 cents. Better-than-expected results were aided by growth in fee income and a... Read >>

Zacks.com

Regions' Earnings Tops EPS Est - Analyst Blog

Regions Financial Corp 's ( RF ) first-quarter 2013 earnings from continuing operations came in at 23 cents per share, marginally beating the Zacks Consensus Estimate by 3 cents. Moreover, results beat the prior-quarter earnings by a penny. Results benefited from a fall in non-interest expenses,... Read >>

Zacks.com

Netflix Earnings Beat in 1Q - Analyst Blog

Shares of Netflix Inc. ( NFLX ) surged 19.08% in after hours trading after the streaming service provider reported better-than-expected first quarter 2013 results. Non-GAAP earnings per share (excluding loss on extinguishment of debt) of 31 cents were significantly ahead of the Zacks Consensus Estimate... Read >>

Zacks.com

CIT Lags on Earnings and Revenues - Analyst Blog

CIT Group Inc. 's ( CIT ) first-quarter 2013 earnings of 81 cents per share came in marginally below the Zacks Consensus Estimate of 89 cents. However, this is significantly better than the year-ago loss of $2.13. The results include debt refinancing charges related to the redemption of high-cost debt. ... Read >>

Market IQ

Why has Gold been plummeting?

By Adil Yousuf The price of Gold dropped by more than 10% last week, raising concerns about the yellow metal's credibility as a safe haven. Let's consider the main reasons behind Gold's descent. The most important factor contributing towards declining Gold prices is declining global inflation - Gold buyers... Read >>

GuruFocus

Third Generation Value Investor Chris Davis Shreds Iron Mountain

Guru Chris Davis of Davis Selected Advisors has reduced his position in Iron Mountain Inc. ( IRM ) by 14.81%, as of April 18, 2013. He traded in the price range of $36.5 per share, making a 0.17% impact to his portfolio. The current share price is $36.81 with a change from average up 1%. After the trade... Read >>

Minyanville

Floating Rate Notes: Overpaying for Insurance That Doesn't Protect You

So far, 2013 has been an excellent year for floating rate bond issuance. At the end of the first quarter, floating rate issuance was nearly 2.5x the prior year's pace during the first quarter. According to JPMorgan, US companies issued $30.045 billion during the first quarter, up from $13.250 billion in the 1Q... Read >>

Minyanville

Is the Netflix Stock Boom a House of Cards?

Earlier this month, BTIG Research analyst Richard Greenfield crunched some numbers and found that if Netflix ( NFLX ) were a cable TV network, it would probably be the highest rated one. "We believe Netflix streaming per sub/day is now over 87 [minutes, compared with 79 minutes last summer] and, in turn,... Read >>

Minyanville

X Factor: 5 Stocks Reaching Their Ex-Dividend Date on April 30

Nine stocks will reach their ex-dividend date next Tuesday, which is significant for investors as the seller of the stock on that date, not the buyer, receives the most recent dividend. A stock must be bought one day before the ex-dividend date to claim any dividends that have been announced but not yet paid.... Read >>