Piper Jaffray Cuts Price Target on L Brands (LB) to $93 as Guidance Misses the Mark
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After-Hours Stock Movers 02/24: (POWR) (DRII) (CRM) Higher; (RH) (RLYP) (IMAX) Lower (more...)
February 24, 2016 6:16 PM ESTPowerSecure International, Inc. (NYSE: POWR) 77.4% HIGHER; Southern Company (NYSE: SO) and PowerSecure International, Inc. (NYSE: POWR) today announced that the boards of directors of both companies have approved a definitive merger agreement through which Southern Company will acquire PowerSecure, with PowerSecure becoming a wholly owned subsidiary of Southern Company. Under the terms of the agreement, PowerSecure's stockholders will be entitled to receive $18.75 in cash for each share of PowerSecure common stock in a transaction with a purchase price of approximately $431... More
L Brands (LB) Tops Q4 EPS by 10c; Guides Q1 EPS Below Expectations
February 24, 2016 4:32 PM ESTL Brands (NYSE: LB) reported Q4 EPS of $2.15, $0.10 better than the analyst estimate of $2.05. Revenue for the quarter came in at $4.4 million versus the consensus estimate of $4.37 billion.
GUIDANCE:
L Brands sees Q1 2016 EPS of $0.50-$0.55, versus the consensus... More
18 Companies With Pricing Power in a Low-Inflation World
February 23, 2016 12:40 PM ESTMorgan Stanley's research team had a interesting report out which highlighted companies that have pricing power in a low-inflation world. The firm asked each of their U.S. analysts to identify stocks from their coverage universe that they expected to exercise pricing power in the near- to medium-term as well as exhibit key indicators that would serve as evidence of that pricing power.
Below are the results:
American Tower (NYSE: AMT) - Towers are crucial for carriers seeking to add capacity / improve network quality. Contracts generally include annual... More
