Dycom Industries Beats Projections On Fiscal Q3 EPS And Revenues

Dycom Industries Beats Projections On Fiscal Q3 EPS And Revenues

Dycom Industries, a provider of specialty contracting services, reported fiscal Q3 adjusted EPS of $1.30, up from $1.08 in the same period a year ago and topping the estimate of $1.19 from analysts polled by CapIQ. For the quarter ended April 29, total revenues of $786.3 million were up from $664.6 million in the same period a year ago and topped the Street projection of $736.2 million. The company expects […]

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European ADRs Slightly Higher

European ADRs Slightly Higher

American depository receipts of European stocks were 0.03% higher at 134.24 on the Bank of New York Mellon Europe ADR Index on Thursday morning. Gainers in Continental Europe were led by Criteo (CRTO), a French technology company, 3.3% higher, followed by Nabriva Therapeutics (NBRV), an Austria-based clinical-stage biopharmaceutical company, up by 3.1% and Cellectis (CLLS), a French genome engineering company, 1.7% higher. TiGenix (TIG), a Belgium-based biopharmaceutical company, was up […]

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Teck Resources Sells Two-Thirds Interest in Waneta Dam

Teck Resources Sells Two-Thirds Interest in Waneta Dam

Teck Resources Ltd and Fortis, Inc. (FTS) disclosed on early Friday an agreement under which Fortis will purchase Teck’s two-thirds interest in the Waneta Dam and related transmission assets in British Columbia, Canada, for $1.2 billion cash. As part of the deal, Teck Metals Ltd. will be granted a 20-year lease to produce power from Waneta for its industrial operations in Trail. It will have an option to extend the […]

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Tower Semiconductor Posts Q1 EPS Beat

Tower Semiconductor Posts Q1 EPS Beat

Tower Semiconductor rose 6% in Monday’s pre-market trading after the company reported financial results for Q1, with better-than-expected earnings and revenue that matched analysts’ estimates; it also provided guidance for Q2 revenue above Street forecast. The operator of an independent semiconductor foundry posted adjusted earnings loss of $0.49 per share, compared with the prior-year period’s $0.31 per share. Analysts polled by Capital IQ were expecting EPS of $0.44. Revenue was […]

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Quintiles IMS Q1 EPS Beats

Quintiles IMS Q1 EPS Beats

Quintiles IMS reported pre-market Wednesday Q1 adjusted EPS of $1.01 per share, topping the $0.95 per share consensus of analysts polled by Capital IQ. Reported net income was $0.31 per share, down from $0.88 per share a year earlier. Revenues jumped 72.5% year-over-year to $1.91 billion and met analysts’ expectations. For FY17, the provider of technology-enabled healthcare services raised its EPS outlook to between $4.45 and $4.60 per share from […]

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