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21st Century Fox Names Lachlan Murdoch as CEO of New Fox After Disney Deal

21st Century Fox Names Lachlan Murdoch as CEO of New Fox After Disney Deal

May 21, 2018 at 10:40 am

Twenty-First Century Fox (FOX), an owner of portfolios of cable, broadcast, film, pay television and satellite assets, said Wednesday that its executive chairman Lachlan Murdoch will serve as the chairman and chief executive officer of the proposed new Fox company upon closing of the transaction between 21st Century Fox and The Walt Disney Company (DIS). Rupert Murdoch will also serveRead More

The KEYW Holding Announces Results of Tender Offer for Convertible Senior Notes Due 2019

The KEYW Holding Announces Results of Tender Offer for Convertible Senior Notes Due 2019

May 21, 2018 at 10:39 am

The KEYW Holding (KEYW) announced pre-market Wednesday the results of a tender offer to purchase any and all of its outstanding 2.50% convertible senior notes due 2019. As of the expiration of the tender offer on May 15, $126,892,000 aggregate principal amount of the notes, representing approximately 84.88% of the outstanding notes, were validly tendered. After settlement, approximately $22,608,000 aggregateRead More

Qualcomm Shares Attractive Given Potential to Generate Strong Earnings

Qualcomm Shares Attractive Given Potential to Generate Strong Earnings

May 21, 2018 at 10:38 am

The sell-off in Qualcomm (QCOM) amid the US and China trade war issues signals that the market has priced in a low probability that Qualcomm settles its licensing disputes or that China will approve Qualcomm’s bid for NXP Semiconductors (NXPI), Canaccord said. Yet Qualcomm’s shares remain attractive given the potential for strong long-term earnings relative to the current valuation, theRead More

Nevro Q1 Loss Worse than Expected

Nevro Q1 Loss Worse than Expected

May 11, 2018 at 9:42 pm

Nevro’s (NVRO) net loss widened to $0.59 per share in Q1 from $0.50 loss per share a year earlier, sharply worse than analysts’ estimates of $0.33 loss per share. Revenue rose 28% to $87.6 million from a year ago, missing the $89.32 million estimate. Nevro reiterated its expectations for revenue for 2018 to be in the range of $400 toRead More

Omega Healthcare Books Yr On Yr Declines In Q1 AFFO Per Share and Revenues

Omega Healthcare Books Yr On Yr Declines In Q1 AFFO Per Share and Revenues

May 11, 2018 at 9:41 pm

Omega Healthcare Investors (OHI) said Monday that it booked adjusted FFO of $161.3 million, or $0.78 per common share, in the first quarter, falling from $176.7 million, or $0.86 per share, in the same period of 2017 but exceeding consensus estimates of $0.75 per share. The company also saw a year-over-year decline in its first-quarter total operating revenues, down fromRead More

Sunstone Hotel Investors Q1 Bests Estimates

Sunstone Hotel Investors Q1 Bests Estimates

May 11, 2018 at 9:40 pm

Sunstone Hotel Investors’ (SHO) adjusted funds from operations (FFO) fell to $0.20 per share in Q1 from $0.24 per share a year earlier, but still ahead of analysts’ expectations of $0.19 in a Capital IQ poll. Revenue fell to $271.45 million from $280.74 million a year ago, also exceeding the $263.09 million estimate. The company expects adjusted FFO of $0.34Read More

Hallador Energy Q1 Profit Drops 72% to $0.07 Per Share

Hallador Energy Q1 Profit Drops 72% to $0.07 Per Share

May 11, 2018 at 9:39 pm

Hallador Energy Co (HNRG) late Monday reported GAAP net income of $0.07 per share for its fiscal Q1 ended March 31, down from a $0.25 per share profit during the first three months of 2017. Revenue for the coal miner rose to $66.9 million from $63.6 million during the same quarter last year. Analyst estimates were not available for comparison.