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Stock Market & Financial Investment News

News Breaks
June 24, 2014
07:41 EDTIDXXIDEXX upgraded to Buy from Hold at Canaccord
As previously reported Canaccord upgraded IDEXX to Buy from Hold. The firm expects the Q4 launch of Catalyst One to drive share gain in the lower-volume vet market and drive IDEXX's revenue growth in 2015. Price target raised to $146 from $116.
News For IDXX From The Last 14 Days
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October 24, 2014
07:13 EDTIDXXIDEXX sees FY15 adjusted EPS $4.38-$4.48, consensus $4.33
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07:12 EDTIDXXIDEXX raises FY14 adjusted EPS to $3.85-$3.90 from $3.79-$3.86, consensus $3.82
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07:09 EDTIDXXIDEXX to incur transitional impacts in 2014 related to all-direct sales strategy
The company estimates that transition impacts in aggregate will reduce 2014 revenue by $18M-$23M and 2014 operating profit and EPS by $31M-$37M and 40c-47c, respectively. These impacts include a drawdown of distributor inventories in the fourth quarter that the company now expects will result in a one-time reduction in revenue and operating profit of approximately $18M-$23M and $15M-$19M, respectively. The higher end of the estimated impact range corresponds with the full estimated impact of the inventory drawdown impact related to the move to the all-direct sales strategy. The transition impacts also include $6M in incremental expense as the Company ramps up sales and operating resources ahead of the transition, and $10M-$12M associated with project management and other one-time costs required to implement the strategy.
07:07 EDTIDXXIDEXX reports Q3 Companion Animal Group organic revenue growth 13%
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07:07 EDTIDXXIDEXX: US Companion Animal Diagnostics sales transformation acceleration
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07:06 EDTIDXXIDEXX reports Q3 adjusted EPS $1.05, consensus 90c
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October 23, 2014
15:39 EDTIDXXNotable companies reporting before tomorrow's open
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