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directional drilling revenues are expected to be roughly $47 million with a gross margin of 28%.
INCLAIM
eddie v's also posted comps growth of 6.8%, significantly higher than the 2.5% improvement recorded in the preceding quarter.
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liquidity position the company exited the second quarter of 2019 with cash and marketable securities of $206 million, compared with $240.5 million at the end of 2018.
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management expects expenses (including merger-related expenses) to be in the range of $975-$995 million.
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in the first nine months of 2019, total interest charges and financing costs rose 12.9% from the first nine months of 2018.
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reasons to buy: over the last three months, pilgrim's pride’s shares yielded a return of 19.7%, outperforming 7.3% growth registered by the industry.
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net income from continuing operations was $118 million, down 69.4% from the prior-year quarter.
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recent news dividend updateon apr 19, people’s united’s board of directors hiked the quarterly common stock dividend to 17.50 cents per share, up 1.4% fromthe prior payout.
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the company reaffirmed long-term earnings growth in the band of 5-7% from a base of $2.60 (mid-point of the original 2019 guidance range) per share.
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while 2k will contribute 55% to revenues, rockstar will contribute the remainder.
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investment management: net revenues were $14.3 million, down 13% from the prior-year quarter.
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segment loss per share during the third quarter amounted to $1.42.
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2018 at a glance on a full-year basis, medidata reported revenues of $635.7 million.
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hp anticipates incurring one-time charges in the range of $350 million to $500 million associated with the job cut.
INCLAIM
costs and margins cost of products sold in the reported quarter came in at $188 million, higher than $172.7 million recorded in the year-ago quarter.
OUTOFCLAIM
segment wise, environmental services’ adjusted ebitda was $117.25 million, up 8.7% year over year and adjusted ebitda margins improved 140 bps.
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revenues increased 18.6% (up 18% at cc) on a year-over-year basis to $9.77 billion.
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on an organic basis, net sales increased 4.4% backed by volume growth and positive price mix.
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in january, firstenergy announced an agreement to sell 1,572 megawatts of gas and hydroelectric generation including the springdale, chambersburg, gans and hunlock gas units in pa, as well as the competitive portion of bath hydro unit in va for $925 million.
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it reported revenues of almost $1.023 billion in fiscal 2018.
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operating expenses for fiscal 2019 are expected to grow roughly 8%, driven by continuing investments in github, commercial cloud, linkedin, gaming and ai.
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the same witnessed a four-year cagr of 9.7%, attributable to rise in benefits, claims and settlement expenses as well as operating expenses.
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last earnings report myriad genetics reported adjusted earnings per share (eps) of 31 cents in the third quarter of fiscal 2018, up 14.8% year over year.
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the fluid power businesses segment (27.4%) includes specialized regional companies that offer fluid power components, assemble and design fluid power systems, and provides equipment repairing services.
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in second-quarter 2017, foreign currency translation produced a negative impact of 2% on revenue growth and 6% on earnings per share.
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it represented 50.8% of net sales in the quarter.
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adjusted ebitda is now expected to be in the range of $15 million to $17.5 million compared with the prior expectation of $12.5 million to $15 million.
INCLAIM
adjusted earnings for fiscal 2018 are currently anticipated to lie in the range of $3.10-$3.20 per share, as against the prior outlook of $3.00-$3.20 per share.
INCLAIM
as noted by idc in its latest worldwide quarterly enterprise storage systems tracker, total afa market generated almost $13.6 billion in revenue during fourth- quarter 2017, up 13.7% year over year.
OUTOFCLAIM
comps at sam’s club are likely to grow roughly 1%, excluding fuel, and nearly 3%, excluding tobacco fuel.
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as of jan 31, 2018, the company’s customer base includes over 4,500 organizations, including almost 30% of the fortune 500.
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share repurchase update during the quarter, keycorp repurchased $120 million worth of shares as part of the 2019 capital plan.
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sales in greater asia were down 3% or slipped roughly 1% on a constant currency basis.
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more personal computing operating expenses declined 1% year over year.
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also, the company recorded benefit of $1 million compared with the benefit of $8 million witnessed in the year-earlier period.
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analytical instruments: formerly known as analytical technology, this segment (21.5%) has been renamed in order to reflect the transfer of the bioprocess production business to the newly formed life sciences solutions segment.
INCLAIM
on apr 13, 2017, dte energy announced that it has slashed the cost of natural gas for its customers by almost 9%, owing to thesteady decline in natural gas prices.
OUTOFCLAIM
helen of troy operates through the following segments: housewares segment (33% of q1 sales) offers products required in cooking, cleaning, beverage services and other activities to make consumers’ daily life convenient.
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last year, the company was able to lower its total operating cost by more than 12% year over year.
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the company earned collaboration revenues of $0.086 million in the reported quarter, up 61.6% year over year.
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the trend continued through the first quarter of 2019 with pretax income plunging 28% year over year.
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in fiscal 2019, americas, europe, greater china, japan and rest of asia-pacific accounted for 44.9%, 23.2%, 16.8%, 8.3% and 6.8% of total revenues, respectively.
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per a techcrunch article on aug 31, a number of apple devices, including airpods, watch and homepod, will be subject to 15% higher tariffs onchinese imports, effective sep 1.
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net interest income slipped 20.8% year over year to $388 million in the quarter, primarily on lower interest income, partly negated by reduced interest expenses.
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the rise was primarily due to higher advisory fees (up 32%).
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twilio’s top 10 active customer accounts contributed to 13% of its total revenues, down from 18% in the year-ago period.
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of this, combined ratio is projected between 92% and 96% for property and transportation group and between 91% and 95% for specialty casualty group.
INCLAIM
for 2018, the company’s adjusted earnings of $4.15 per share lagged the zacks consensus estimate of $4.16 by a penny.
OUTOFCLAIM
further, the company has collected 53% of the april rent due from retail tenants, while many others are seeking rent relief amid the pandemic.
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the company witnessed $154 million of direct revenues from the veolia business in 2018 and $14.5 million revenues from its 2017 acquisitions.
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serving cans and is composed of 4.5% alcohol by volume (abv) with only 1g carbs, zero sugar and no artificialsweeteners.
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southern business consists of the 100%-owned pinos altos mine and creston mascota satellite mine, both in chihuahua in northern mexico as well as the 100%-owned la india mine in sonora in northern mexico.
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also, non-interest income climbed 4% year over year to $370 million.
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in addition, in early october, dte issued $1 billion of senior notes and $675 million of mandatory convertible securities to support its midstream acquisition.
OUTOFCLAIM
the company’s main business, programmable messaging, is likely to witness tremendous growth as the global application-to-person (a2p) sms market is anticipated to reach $86.53 billion by 2025, representing a cagr of 4.2%, according to a report by transparency market research.
INCLAIM
the company aims to invest in the range of $3–$3.6 billion in 2017, with $1.7 billion planned to be invested in the first half of 2017.
INCLAIM
net recoveries were $5 million during the april-june period compared with the $9 million recorded as of dec 31, 2019.
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at third-quarter end, debt was $3.3 billion, up from $3.2 billion from the year-ago level.
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per the latest report from newzoo, video games will generate $108.9 billion in revenues in 2017, up 7.8% year over year.
INCLAIM
planned regulated electric and gas infrastructure investment in michigan and expansion of dte’s existing pipelines as well as the development of the nexus pipeline will help the utility attain its 5–6% annual eps growth target.
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per management, the company currently serves more than 85% of the u.s. population.
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segment performance housewares’ net sales surged 18.9%, courtesy of solid online sales, increased domestic distributions, growth at international sales, higher club-channel sales, product launches at hydro flask and oxo brands, and increased advance retail orders for hydro flask.
OUTOFCLAIM
the company is firmly focused on its cost-reduction efforts and achieved cost savings of about $70 million in fiscal 2019.
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the stock has lost 26.7% compared with the industry’s 7% loss.
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the real estate, energy and natural resources segment (7.2%) deals with the results from an equity interest in plum creek real estate development joint ventures.
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at the end of the quarter, total debt amounted to $3 billion, or 2.6 times of the trailing 12-month adjusted ebitda.
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walmart’s adjusted earnings came in at $1.41 per share, which came way ahead of the zacks consensus estimate of $1.33.
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guidance for 2018, entergy increased its operational earnings guidance in a band of $6.75-$7.25 per share compared with its prior guidance of $6.25-$6.85.
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apart from this, management expects fiscal 2019 bottom- line growth to be hit by a 14%-18% rise in investments to fuel leadership brands.
INCLAIM
gross margin contracted 30 basis points (bps) to 19.7%.
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per the deal, novartis will acquire endocyte for $2.1 billion.
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earnings & revenue discussion the country's leading luxury homebuilder reported earnings of 59 cents per share in the quarter under review, beating the consensus mark of 48 cents by 22.9%.
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network paid clicks increased 9% sequentially and 13% from the year-ago quarter.
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as of sep 30, 2018, the company’s aum was $668 billion, up 2% year over year.
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its cash and cash equivalents increased at a four-year cagr (2016-2020) of 42.9%.
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capital spending totaled $6 million versus $9 million in the year-ago quarter.
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however, provision for credit losses declined 22% year over year to $70 million.
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guidance the company increased its well cost savings target for this year to 12% from 8% announced earlier.
OUTOFCLAIM
earlier this year, take two acquired barcelona based free-to-play mobile game developer, social point for $250 million.
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as of sep 30, bell wireless postpaid customers totaled 8,243,446, up 8.8% from the year-ago quarter.
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family daily active people (dap) defined as a registered and logged-in user who visited at least one of the family products (facebook, instagram, messenger and/or whatsapp) on a given day, were 2.47 billion, up 15.4% year over year.
OUTOFCLAIM
long-term debt was $3,890 million as of sep 30, 2020 compared with $4,132 million as of dec 31, 2019.
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asset integrity: the segment (13%) provides a broad spectrum of asset integrity services for safety of customers’ onshore and offshore facilities, while cutting down on their unplanned downtime and costs associated with repairs.
OUTOFCLAIM
net sales came in at $5,828.3 million, an increase of 8.1% from the prior-year quarter.
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going ahead, it expects to spend approximately $6.3 billion in 2018 and $6 billion in 2019.
INCLAIM
consolidated contribution margin (revenues minus the cost of revenues and marketing cost) contracted 110 bps on a year-over-year basis to 17.3%.
OUTOFCLAIM
this is because high tariff rates of 25%, implemented in may 2019, are predicted to adversely impact order activities of some major retailers (including amazon).
INCLAIM
it is participating in a roughly $100 billion u.s. infusion industry, that is growing at an estimated rate of 5% to 7%.
INCLAIM
operational highlights in the reported quarter, total operating expenses increased 55% to $5,050 million mainly on account of wildfire-related costs, which was absent in the prior-year quarter.
OUTOFCLAIM
office 365 commercial seat grew 29% on a year-over-year basis.
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revenue per load excluding fuel surcharge revenues climbed 15% on a year-over-year basis.
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the company’s long-term debt came in at ¥434.8 billion ($3,906.9 million), up 40.1% from the figure recorded at the end of fiscal 2016.
OUTOFCLAIM
the figure also increased 12.7% year over year due to a robust performance in healthcare/life sciences and industrial/commercial sectors and higher asia-pacific (apac) and europe, the middle east and africa (emea) revenues.
OUTOFCLAIM
given the impact of decreases in market interest rates to date in 2019, it continues to expect pretax annuity earnings (including the impact of fair value accounting) in the range of $365 million to $425 million in 2019.
INCLAIM
under this initiative, the company is on track to invest nearly $1 billion in 2017 and $4.2 billion over the 2014–2017 time period.
INCLAIM
fall in gross margin was due to 9% rise of cost of sales more than offsetting growth in revenues.
OUTOFCLAIM
we are also positive on its decision, announced in january, to buy a new jersey-based home-delivery firm for $100 million.
OUTOFCLAIM
the current segments are discussed below: industrial (34.7% of total revenue in fiscal 2017): the segment designs, produces and markets various hydraulic and mechanical tools to general maintenance and repair, industrial, infrastructure and production automation industries through brands like enerpac, simplex, precision sure-lock and milwaukee cylinder.
OUTOFCLAIM
as a result, net interest expense increased significantly year over year to $49.5 million during fiscal first quarter.
OUTOFCLAIM
notably, walmart u.s. e-commerce net sales are expected to surge about 35% year over year and walmart international net sales are expected to increase approximately 5% at cc.
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