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January 16, 2013
15:16 EDTEBAY, CVBF, KMR, SLM, BPFH, PLXS, KMP, KMI, CLC, PCBK, FULCompanies reporting After the Market Close on Wednesday, January 16th
Notable companies reporting after the bell include Boston Private Financial (BPH), Clarcor (CLC), CVB Financial (CVBF), eBay (EBAY), H.B. Fuller (FUL), Kinder Morgan (KMI), Kinder Morgan Energy (KMP), Kinder Morgan Management (KMR), Pacific Continental (PCBK), Plexus (PLXS) and SLM Corp. (SLM).
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October 2, 2015
18:24 EDTKMITennessee Gas Pipeline issues statement of MA DPU order on EDCs
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September 29, 2015
19:46 EDTSLMNavient falls after government report criticizes student loan servicers
Shares of student loan stock Navient (NAVI) fell over 4% on Tuesday after the Consumer Financial Protection Bureau, or CFPB, released a report critical of student loan servicers, titled 'Student loan servicing: Analysis of public input and recommendations for reform.' WHAT'S NEW: The CFPB's 152-page report cited issues such as conflicting, incomplete, or inaccurate loan statements; missing or ignoring specific payoff instructions which would apply payments to higher interest loans; and servicing transfers resulting in processing problems, surprise fees, damaged credit, lost repayment benefits and loan records, among other issues. WHAT'S NOTABLE: CFPB Director Richard Cordray said in a statement, "With one out of four student loan borrowers struggling to repay their loans or already in default, cleaning up the servicing market is critical. Today's report underscores the need for market-wide student loan servicing reforms to halt harmful practices and boost assistance for distressed borrowers." PRICE ACTION: Shares of Navient dropped 53c, or 4.36%, to $11.63 in Tuesday's trading session. PEERS: Other student loan servicers include First Marblehead (FMD), which fell 3.4%, SLM Corporation (SLM), which declined 0.86%, and Nelnet (NNI), which was up fractionally.
17:18 EDTCLCClarcor increases quarterly dividend 10% to 22c
Clarcor has resolved to increase the company's regular quarterly dividend by 10%, from 20c per share of common stock to 22c. The new 22 per share dividend will be paid on Friday, October 23 to shareholders of record on October 13.
13:42 EDTKMIKinder Morgan announces additional gas capacity commitments to NED project
Kinder Morgan announced that its subsidiary, Tennessee Gas Pipeline Company, has executed agreements with producers, local distribution companies and a New York end-use market participant totaling 627,000 dekatherms per day for the Supply Path component of the proposed Northeast Energy Direct Project. The agreements will provide a direct supply link from abundant natural gas fields in Pennsylvania to existing and future Northeast and New England markets, and firm transport of incremental supplies for delivery at or near Wright, New York. From the Wright area, shippers can deliver into the Market Path component of the NED project for transport to Dracut, Massachusetts, or into TGP's existing pipeline system or into the Iroquois Gas Transmission system. The incremental gas supplies will help meet New York and New England's growing consumer and industrial gas needs, as well as helping to bolster electric reliability in the region. TGP is continuing to negotiate with additional potential shippers on the NED project, including LDCs and others, and expects to announce these commitments and others at a later date. NED's Supply Path component, from northeastern Pennsylvania to Wright, New York, is scalable up to 1.2 billion cubic feet per day, and its Market Path component is scalable up to 1.3 Bcf/d. The NED project, including the Supply Path and Market Path components, has a planned in-service date of November 2018, subject to regulatory approvals. Additionally, the NED Supply Path component and associated agreements are subject to approval by the Kinder Morgan board of directors.
September 28, 2015
08:53 EDTEBAYMercadoLibre downgraded to Sell from Neutral at Citi
Citi downgraded MercadoLibre (MELI) to Sell with an $80 price target citing unfavorable currency moves and slower growth assumptions for Brazil. The stock is three times more expensive than eBay (EBAY), Citi tell investors.
07:38 EDTEBAYBox to hold a user conference
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September 24, 2015
08:51 EDTEBAYCiti cuts Twitter estimates below consensus, drops target to $30
Citi analyst Mark May says his analysis indicates the consensus estimates for Twitter (TWTR) may be too high as they assume "meaningful increases" in monetization which he believes may prove difficult to realize. May cut his 2015, 2016 and 2017 earnings per share estimates for Twitter to 30c, 34c and 58c, respectively, well below the consensus estimates of 34c, 63c, and $1.03. He also cut his 2016 revenue estimate to 3% below the consensus. It will be difficult for the stock to achieve sustained multiple expansion until user growth accelerates and/or revenue growth stabilizes, May tells investors in a research note. He moved the stock to Citi's "High Risk" designation given Twitter's recent user trends and his belief that his estimates are unlikely to move up in the near-term. He keeps a Neutral rating on the name. May's top picks among U.S. Internet stocks remain Facebook (FB), (AMZN) and eBay (EBAY).
06:39 EDTEBAYJPMorgan sees 'choppy' near-term outlook for eBay, cuts target to $32
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September 23, 2015
17:10 EDTFULH.B. Fuller sees Q4 impact from Americas operating segment
H.B. Fuller stated in its Q3 earnings release, "The primary driver of the lower than expected [Q3] earnings was lower than expected revenue in the Americas operating segment... primarily due to generally weak end market conditions and some residual negative effects of the Project ONE implementation in North America last year. In addition, our forecast for our full-year core tax rate increased slightly and this reduced our EPS in the quarter relative to our forecast. Because both of these factors are expected to persist into Q4, we have also adjusted our EPS expectations."
17:05 EDTFULH.B. Fuller cuts FY15 adjusted EPS to $2.23 from $2.45, consensus $2.41
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17:03 EDTFULH.B. Fuller sees Q4 adjusted EPS 70c, consensus 80c
Sees Q4 revenue $540M, consensus $567.62M.
17:02 EDTFULH.B. Fuller reports Q3 adjusted EPS 61c, consensus 70c
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15:02 EDTFULNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include H.B. Fuller (FUL), consensus 70c.

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