March 01, 2017: Broadcom Ltd reports Q1 EPS of $3.63 versus the $3.48 estimate. Revenue also beat coming in at $4.14 billion versus the $4.06 billion estimate.
CEO Hock Tan said, “We had a very good start to our fiscal year 2017 delivering first quarter revenue and gross margin at the top end of guidance. (Read More….)
February 28, 2017: Tetra Tech announced that the U.S. Agency for International Development (USAID) has awarded the Company a $25 million single-award contract to provide monitoring and evaluation services in Mozambique. Under the five-year contract, Tetra Tech will support USAID by providing training, research and evaluations, performance monitoring, data verification, and environmental compliancein the region.
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: 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 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 11, 2017: Sell Ichor Holdings for a 27% win. The Twiggs Money flow is taking a fairly large turn down which is usually a good signal to book profits. Congratulations if you were able to make money on the trade.
January 10, 2017: Ichor Holdings reports preliminary Q4 revenue of $131 million versus the (Read More….)
January 31, 2017: Hearing takeover rumors circulating about Avianca Holdings after reports in the mainstream financial press. The rumor is that Avianca Holdings’ largest shareholder Synergy Group was not happy with any of the three takeover offers received. Avianca Holdings and Synergy Group are looking for better offers.
December 17, 2016: I’m hearing takeover rumors (Read More….)
January 29, 2017: Barron’s said that they are bullish on Magna International. Barron’s weekend summary said that they are positive on Magna International because, unlike rivals, Magna International can build an entire vehicle to a company’s specs, as it does for customers like Daimler, and it should be able to maintain growth and increase market (Read More….)
January 25, 2017: AECOM is another stock I like for an opening play on a large infrastructure spending bill that is likely to pass by the end of 2017. AECOM stock is currently trading at a forward P/E of 12.20. I also like the 16.7% annual sales growth for the past five years.
January 3, (Read More….)