Jefferies Raises Price Target on Cooper Cos. (COO) as the Clariti Redesign Drives 2Q Growth
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The Cooper Companies Announces Second Quarter 2016 Results
June 2, 2016 4:16 PM EDTPLEASANTON, Calif., June 02, 2016 (GLOBE NEWSWIRE) -- The Cooper Companies, Inc. (NYSE: COO) today announced financial results for the fiscal second quarter ended April 30, 2016.
Revenue increased 11% year-over-year to $483.8 million.  CooperVision (CVI) revenue up 9% to $391.2 million. CooperSurgical (CSI) revenue up 23% to $92.6 million.GAAP earnings per share (EPS) $1.52, up 29 cents or 24% from last years second quarter. Non-GAAP EPS $2.05, up 33 cents or 19% from last years second quarter. See Reconciliation of Non-GAAP Results to GAAP Results below.Commenting on the results, Robert S. Weiss, Coopers president and chief... More
NatureBank Signs MOU With Anholt Services (USA) Inc. to Invest Over $11 Million in Sustainable Cocoa Development
June 1, 2016 10:40 AM EDTVANCOUVER, BC -- (Marketwired) -- 06/01/16 -- NatureBank Asset Management Inc. ("NatureBank" or the "Company") (TSX VENTURE: COO)Â (FRANKFURT: 9EA) is pleased to announce that it has signed a non-binding Memorandum of Understanding ("MOU") with Anholt Services (USA) Inc. ("Anholt"), for the development and ongoing management of a portfolio of both operating cocoa projects and new, undeveloped cocoa projects in the Dominican Republic (the "Project"), through its fully owned German-based subsidiary, ForestFinest Consulting GmbH (collectively with Anholt, the "Parties").
Anholt Services (USA) Inc. operates a philanthropic family office structure under... More
