On July 30, 2017, Cardinal Health (CAH) completed the acquisition of Medtronic’s patient recovery business for an all-cash consideration worth $6.1 billion.
Dentsply Sirona’s Technology segment sales Dentsply Sirona (XRAY) reported ~$900 million of revenues worldwide in 1Q17. Of that, ~$389 million was generated through Dentsply Sirona’s Technology segment, which contributed ~43.2% to Dentsply Sirona’s total revenues. On a constant currency basis, the Technology segment’s sales declined by approximately 8.1%. The segment’s sales were flat in Europe. The […]
Ralph Lauren declared a regular quarterly dividend of $0.50 per share on its common stock. The dividend will be paid on January 13, 2017, to shareholders.
Price movement Bunge Limited (BG) has a market cap of $10.4 billion. It rose 0.55% to close at $73.40 per share on December 8, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 4.9%, 5.4%, and 10.4%, respectively, on the same day. BG is trading 7.8% above its 20-day moving average, 14.4% […]
Bunge Limited (BG) has declared a regular quarterly cash dividend of $0.42 per share on its common stock. The dividend will be paid on December 2, 2016, to shareholders of record on November 18, 2016.
After the release of its 2Q16 earnings results on July 28, 2016, Zimmer Biomet Holdings (ZBH) was trading at a forward price-to-earnings multiple in the range of 15.5x–16.2x.
In this part of the series, we’ll take a look at free cash flow for Schlumberger (SLB), Halliburton (HAL), Baker Hughes (BHI), and FMC Technologies (FTI).
As of July 26, 2016, analysts are expecting Albemarle’s (ALB) net profit margin to be about 13.3% in 2Q16. That compares to 7.3% in 2Q15 and 14.5% in 1Q16.
On July 12, 2016, Celanese’s (CE) consensus 12-month target price was $76.30, indicating a return potential of 11.3% from that day’s closing price of $68.57.
In 1Q16, Eastman Chemical (EMN) reported operating cash flow of $47 million compared to $91 million in 1Q15. The decline was primarily due to the seasonal increase in working capital.
After fiscal 4Q16 results, Darden Restaurants’ (DRI) management has revised its same-store sales growth guidance for fiscal 2017 to the range of 1%–2% as compared to earlier estimates of 1%–3%.
On June 21, 2016, Zimmer Biomet Holdings (ZBH) was trading at a forward PE (price-to-earnings) multiple of ~14.8x compared with the industry average of ~21x.
Best Buy plans to improve its sales through a series of initiatives across merchandising, marketing, online channels, stores, supply chain, services, and customer care.
Boston Scientific’s (BSX) Cardiovascular segment consists of minimally invasive technologies to treat patients with a wide range of heart and vascular diseases. It is BSX’s largest business segment and generated ~39% of the company’s total revenues in 2015.
According to Coach, its revamped retail stores in North America were experiencing positive comps. Further, same-store sales in Europe grew at a double-digit pace.
Hartford (HIG) reported core earnings of its mutual funds division at $22 million in 3Q15, similar to the prior year’s corresponding quarterly earnings.
Hartford Financial Services Group (HIG) reported its 3Q15 earnings on October 26. With operating income per share of $0.86, the company missed Wall Street analysts’ estimates.
JCPenney’s (JCP) strategy under the leadership of former CEO, or chief executive officer, Ron Johnson pushed the company into losses due to falling sales and heavy investments in revamping stores.
Total advertising spend on back-to-school themes reached $241 million in 2014, down 9% from 2013. The top ten advertisers last year accounted for almost 62% of the advertising spend.
The back-to-school season in the United States is an important season for retailers, second only to Christmas. Generally, it lasts from mid-July to early or mid-September.
