February 24, 2017: BJ’s Restaurants reports Q4 EPS of $0.55 versus the $0.40 estimate. Revenue also beat coming in at $265.6 million versus the $265 million estimate. Same store sales fell -2.2%.
Comments: “Despite a challenging industry-wide operating environment, we continued to increase our market share, as we outpaced the industry in terms of traffic (Read More….)
February 24, 2017: Applied Optoelectronics reports Q4 EPS of $0.84 versus the $0.69 estimate. Revenue also beat coming in at $84.9 million versus the $82.7 million estimate.
The CEO Dr. Lin said, “Our ability to internally manufacture lasers and light engines provides us with cost-leadership advantages, a faster time to market, and the ability (Read More….)
February 24, 2017: Acacia Communications reports Q4 EPS of $0.94 versus the $0.90 estimate. Revenue also beat coming in at $142 million versus the $139 million estimate.
January 24, 2017: Lakewood Capital disclosed their short position in Acacia Communications in an investor letter today. I don’t want to fight Lakewood Capital but I’m going to (Read More….)
February 24, 2017: Mastec reports Q4 EPS of $0.70 versus the $0.54 estimate. Revenue also beat coming in at $1.34 billion versus the $1.32 billion estimate.
José R. Mas CEO said, “We exceeded our fourth quarter expectations, driven primarily by improved productivity in our Oil & Gas segment. We also signed pipeline contracts approximating (Read More….)
February 23, 2017: Wells Fargo initiated coverage of JUNO on February 22, 2017 with an Outperform rating. Then, one day later on February 23, 2017, Wells Fargo downgraded JUNO to market perform! Was this a rotational dump at $24 and we just provided Wells Fargo the liquidity they needed? I don’t know but my trust (Read More….)
February 23, 2017: RBC reiterates Mobileye with an Outperform rating and sets a price target of $57. RBC raised the price target to $57 from $51. RBC says 2017 guidance looks very achievable, REM commentary encouraging and firm believes a greater appreciation for the ADAS tail (which is driving all growth this decade) could develop.
February 22, 2017: Farmland Partners formed a bullish Hammer candlestick pattern after the company crushed earnings and revenue estimates. Farmland Partners reports Q4 AFFO $0.36 versus the $0.12 estimate. Revenue also beat coming in at $13.3 million versus the $7 million estimate. The chart patterns over the last several months and the nice predictable swings (Read More….)
February 22, 2017: Bellicum Pharmaceuticals announced updated clinical results of the BP-004 study. To date, 122 pediatric patients have undergone treatment with BPX-501. Investigators reported on 91 patients with 100 days of follow-up, 73 patients with six months, and 45 patients with more than one year of follow-up. Genetic blood diseases (n=54) include SCID (Severe (Read More….)
February 22, 2017: TransDigm Group Incorporated announced that it has acquired the stock of SCHROTH Safety Products GmbH and certain aviation and defense assets and liabilities from subsidiaries of Takata Corporation for approximately $90 million in cash.
The primary businesses purchased are that of SCHROTH Safety Products GmbH and Takata Protection Systems Inc., both of (Read More….)
February 22, 2017: Tutor Perini announced that it has been awarded an $80 million design-build contract by the U.S. Air Force to design and construct facilities in support of the Royal Saudi Air Force through a Foreign Military Sales program. The project was competitively bid through an Air Force Civil Engineer Center multiple award task (Read More….)
February 21, 2017: Roth Capital raised Exact Sciences to Buy from Neutral and set a price target of $26. The price target was raised to $26 from $15. Roth Capital says Exact Sciences announced Q4 revenues in-line with its pre-announcement beat driven by strong volumes and higher ASPs, and unveiled 2017 guidance above expectations.
February (Read More….)
February 21, 2017: Sell Popeyes Louisiana Kitchen for an 11.5% gain in 5 days. The rumors were true as Restaurant Brands buys Popeyes for $79 per share. Congratulations if you were able to make money on this trade.
February 20, 2017: Hearing rumors circulating over the long three-day weekend that Restaurant Brands International is (Read More….)
February 19, 2017: President Trump on Thursday, February 16, 2017, signed legislation ending a key Obama administration coal mining rule. The bill ends the Office of Surface Mining’s Stream Protection Rule, a regulation to protect waterways from coal mining waste. Source: http://thehill.com/policy/energy-environment/319938-trump-signs-bill-undoing-obama-coal-mining-rule
SunCoke Energy should benefit from the bill President Trump signed on February (Read More….)
March 14, 2016: 3-D Systems Corp reports Q4 2015 EPS of $0.19 versus $0.04 estimate. Revenue also beat coming in at $183 million versus $174 million estimate… (Read More….)
February 17, 2017: Celgene announced that its phase III SUNBEAM trial, evaluating the efficacy and safety of ozanimod, an investigational oral, selective S1P 1 and 5 receptor modulator, in patients with relapsing multiple sclerosis (RMS), met the primary endpoint in reducing annualized relapse rate (ARR), compared to weekly interferon (IFN) ß-1a (Avonex).
SUNBEAM evaluated two (Read More….)
February 17, 2017: Fluor Corp reports Q4 EPS of $0.82 versus the $0.80 estimate. Revenue also beat coming in at $4.99 billion versus the $4.83 billion estimate.
David Thomas Seaton, CEO of Fluor, said, “In 2016 we set the foundation to expand our presence in the markets we serve. This includes our acquisition of (Read More….)
February 17, 2017: Medtronic announced Japan regulatory approval for the world’s smallest pacemaker, the Micra(TM) Transcatheter Pacing System (TPS). Japan’s Pharmaceuticals and Medical Device Agency (PMDA) granted approval for Micra based on positive data from the Medtronic Micra TPS Global Clinical Trial, which enrolled 744 patients and evaluated the safety and efficacy of the device (Read More….)
February 17, 2017: JPMorgan Chase and Co reiterates Broadcom with an Overweight rating and a price target of $230. Based on JPMorgan’s research efforts and triangulating recent industry news, they believe that Broadcom, working with Apple, has developed a chip solution that will be used to power the wireless charging functionality on the iPhone platform. (Read More….)
February 16, 2017: AMN Healthcare Services reports Q4 EPS of $0.62 versus the $0.55 estimate. Revenue also beat coming in at $487.9 million versus the $477 million estimate. Adjusted EBITDA came in at $60.9 million which is up +29.9% YoY.
January 22, 2017: Benchmark Company initiates coverage of AMN AMN Healthcare with a Buy (Read More….)
February 16, 2017: Sell Orexigen Therapeutics for a 157% win in 36 days! Congratulations if you were able to make money on this trade.
January 25, 2017: Orexigen Therapeutics announced that Laboratorios Farmaceuticos Rovi has launched Mysimba in Spain. Mysimba is approved by the European Medicines Agency for the management of weight in adult (Read More….)
February 16, 2017: Huntington Ingalls Industries reports Q4 EPS of $3.67 versus the $2.48 estimate. Revenue also beat coming in at $1.92 billion versus the $1.85 billion estimate.
CEO Michael Petters said, “Exceptional execution on mature programs at Ingalls lessened the impact of the ongoing transition between programs at Newport News and drove the (Read More….)
February 15, 2017: Adeptus Health’s stock has beautiful rising money flow. The stock plunged nearly -70% after the company missed the third-quarter earnings. There is also a lawsuit claiming that Adeptus Health engaged in widespread predatory billing practices and that Adeptus Health’s predatory billing practices subjected the Company to numerous known but undisclosed risks, such (Read More….)