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Stock Market & Financial Investment News

News Breaks
October 25, 2012
16:02 EDTDTLKDatalink reports Q3 adjusted EPS 16c, consensus 13c
Reports Q3 revenue $104.8M, consensus $105.08M.
News For DTLK From The Last 14 Days
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July 30, 2014
18:00 EDTDTLKDatalink, ViaSat awarded combined $116.75M government contract modification
Data Link Solutions (DTLK) and ViaSat (VSAT) are being awarded a combined $116.75M modification to a previously awarded multiple award contract to exercise options for systems engineering and integration for the Multifunctional Information Distribution System (MIDS) Low Volume Terminal, or LVT, and the MIDS Joint Tactical Radio Systems, or JTRS, terminal. The MIDS-LVT provides secure, high-capacity, jam-resistant, digital data and voice communications capability for Navy, Air Force and Army platforms. MIDS JTRS is a pre-planned product improvement replacement transforming the MIDS-LVT into a four-channel, software communications architecture compliant JTRS terminal while maintaining current Link 16 and tactical air navigation capability. For Data Link Solutions, work will be performed in Wayne, New Jersey and Cedar Rapids, Iowa. For ViaSat, work will be performed in Carlsbad, California. Work is expected to be completed by March 9, 2015. The Space and Naval Warfare Systems Command, San Diego, California, is the contracting activity.
July 25, 2014
12:51 EDTDTLKOn The Fly: Midday Wrap
Stocks on Wall Street were lower at midday and on track to end a week marked by a torrent of earnings reports on a definite down note. Some high-profile disappointments weighed on the major averages, as Visa (V) and Amazon.com (AMZN) both fell significantly after their quarterly reports last night, dragging on the Dow and Nasdaq, respectively. The domestic economic calendarís sole release of consequence, the durable goods orders report, came out before the open and was better than expected, but that did little to brighten the market's negative tone. ECONOMIC EVENTS: In the U.S., durable goods orders rebounded 0.7% in June after a 1.0% decline in the prior month, beating expectations for June increase of 0.5%. COMPANY NEWS: Shares of Amazon.com fell 10% after the e-commerce giant reported in-line second quarter revenue but a much higher than expected loss. A number of analysts responded to the news by downgrading the stock, while several others cut their price targets on the shares... Visa reported Q3 earnings per share and revenue that topped consensus forecasts, but its fiscal year EPS growth outlook was trimmed its fiscal year revenue growth view to be in the 9-10% range from its prior forecast for low double-digit constant revenue growth in the 10-11% range. Shares of the Dow Jones Industrial Average component slid 4% following the report and guidance. MAJOR MOVERS: Among the notable gainers following their earnings reports were Datalink (DTLK), which jumped 17%, Mellanox (MLNX), which rose 13%, and VeriSign (VRSN), which gained 11%. Among the noteworthy losers was WellCare (WCG), which plunged 20% after the managed care company pre-announced significantly weaker than expected results. Also lower following their earnings reports were Swift Transport (SWFT), which fell nearly 15%, and Pandora (P), which dropped about 13%. INDEXES: Near midday, the Dow was down 131.61, or 0.77%, to 16,952.19, the Nasdaq was down 24.45, or 0.55%, to 4,447.66, and the S&P 500 was down 9.04, or 0.45%, to 1,978.94.
July 24, 2014
16:02 EDTDTLKDatalink sees Q3 EPS 16c-22c, consensus 16c
Sees Q3 revenues $150.0M-$160.0M, consensus $148.42M.
16:01 EDTDTLKDatalink reports Q2 EPS 22c, consensus 13c
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