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January 7, 2013
18:47 EDTTISI, URRE, CCJ, AXAS, YUM, KND, PLXS, CLMTOn The Fly: After Hours Movers
UP AFTER EARNINGS: Team (TISI), up 5%... ALSO HIGHER: Uranium Resources (URRE), up 13.9% after announcing an extension of a joint venture with Cameco (CCJ)... Wet Seal (WTSLA), up 3.7% after naming John Goodman CEO... Abraxas Petroleum (AXAS), up 3.2% after its CEO said the company expects a 2013 production boost from its Eagle Ford and Bakken sites... DOWN AFTER GUIDANCE: Yum! Brands (YUM), down 5.2% after lowering its China SSS guidance to down 6% from down 4%... Kindred Healthcare (KND), down 2.4% after lowering its FY13 EPS view... Plexus (PLXS), down 3.2% after cutting its Q1 EPS and revenue view... ALSO LOWER: Calumet Specialty Products (CLMT), down 4.5% after the company announced a 5M-unit public offering of common units.
Check below for free stories on TISI;URRE;CCJ;AXAS;YUM;KND;PLXS;CLMT the last two weeks.
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August 19, 2014
06:02 EDTYUMTaco Bell introducing dollar menu, LA Times reports
Taco Bell (YUM) is introducing its new Dollar Cravings menu, which features 11 items, the LA Times reports. McDonald's (MCD) and Wendy's (WEN) both offer dollar menus. Reference Link
August 18, 2014
17:02 EDTPLXSPlexus announces $30M share buyback program
Plexus Corp announced that its board has approved a new share repurchase program under which the company is authorized to repurchase up to $30M of its common stock during FY15. The authorized repurchases represent approximately 2% of current market capitalization. The company expects to fund the majority of the repurchases with existing cash.
August 14, 2014
17:46 EDTYUMRelational Investors gives quarterly update on stakes
NEW STAKES: Whole Foods Market (WFM). INCREASED STAKES: Clean Harbors (CLH), Magnum Hunter Resources (MHR), Manitowoc (MTW), Esterline Technologies (ESL), and Yum! Brands (YUM). DECREASED STAKES: Bunge (BG), and Hologic (HOLX). LIQUIDATED STAKES: W.R. Grace & Co (GRA), and First American Financial (FAF).
August 13, 2014
18:55 EDTKNDOn The Fly: After Hours Movers
UP AFTER EARNINGS: Aspen Technology (AZPN), up almost 3% after reporting better than expected Q4 results and giving Q1 and FY15 guidance on its earnings conference call. ALSO HIGHER: Kindred Healthcare (KND), up more than 1% after Point72 reported a 5.1% passive stake in the company. DOWN AFTER EARNINGS: Cisco Systems (CSCO), down 1.2% after reporting Q4 results, giving Q1 guidance, and announcing that it is cutting 8% of its workforce... Noodles & Company (NDLS), down 21.2% after reporting Q2 results and "tempering" its FY14 outlook... Conatus Pharmaceuticals (CNAT), down 13.6% after reporting Q2 results and announcing it is deferring the results of its NAFLD/NASH clinical trial to 1Q15. ALSO LOWER: Amgen (AMGN), down 2.15% after announcing the Phase 3 Kyprolis FOCUS clinical trial did not meet its primary endpoint.
16:17 EDTKNDPoint72 Asset reports 5.1% passive stake in Kindred Healthcare
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August 11, 2014
06:57 EDTKNDAvondale to hold a conference
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06:46 EDTYUM Yum! Brands shares remain attractive, says Bernstein
Bernstein expects Yum! Brands' China comp estimates to recover and does not view the brand as permanently impaired. The believes shares are attractive and sees potential upside from re-franchising or a breakup. The firm rates Yum! an Outperform with an $87 price target.
August 8, 2014
07:48 EDTURREUranium Resources reports Q2 EPS (13c), consensus (15c)
Reports Q2 mineral property expenses $1.1M, reflecting the completion of certain restoration activities in South Texas, while general and administrative expenses were $2.2M due to higher non-cash stock compensation expenses offsetting a lower cash payroll burden.
06:11 EDTYUMOSI withdraws products made in Shanghai in response to food scandal
After dealing with a food scandal, OSI China, parent company of Shanghai Husi Food, announced the withdrawal of products produced in Shanghai. The company said, "Husi is the subject of company and government investigations and it is proceeding smoothly. While there have been no reported illnesses linked to any Shanghai Husi products, recovering this production is an important step in facilitating the investigations and rebuilding the respect and trust of our customers, the government and the people of China. With assistances and guidance provided by Shanghai FDA, we have started the recovery process of products in question in a comprehensive and orderly." Worldwide brands such Yum! Brands (YUM) McDonald's (MCD) and Starbucks (SBUX) were affected by the scandal in China. Reference Link
August 6, 2014
18:34 EDTKNDKindred Healthcare sees Q3 cont. ops diluted EPS 5c-15c, consensus 17c
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18:32 EDTKNDKindred Healthcare sees FY14 cont. ops diluted EPS 96c-$1.14, consensus $1.14
The company revised its operating cash flow guidance range of $245M-$275M to a revised range of $200M-$230M. The company maintained its expectation of $100M-$105M for routine capital expenditures and for timing reasons reduced its anticipated FY14 cash outflows for development of new or replacement facilities by $5M to approximately $15M-$20M. The company expects its FY14 operating cash flows in excess of routine and development capital spending to approximate $85M-$105M, which will be available to fund acquisitions, repay debt and pay dividends. Estimated dividend payments for FY14 are expected to approximate $29M, an increase of approximately $3M from the previous guidance due to the issuance of 9.7M additional common shares in the company’s recently completed equity offering.
18:27 EDTKNDKindred Healthcare Q2 hospital division admissions growth up 3.1%
The company saw Q2 hospital division revenue growth per patient day of 1.8% and 1.3% growth in core operating costs per patient day. RehabCare division achieved sequential core operating income growth and margin improvement from 11.6% in Q1 to 12.3% in Q2. Nursing center division core operating income increased 11.3% primarily due to growth in revenues and operating margins were significantly improved due to ongoing repositioning and cost control initiatives. Care Management division delivered 66% revenue growth and core operating income doubled compared to the same period last year.
18:23 EDTKNDKindred Healthcare reports Q2 diluted continued ops EPS 34c, consensus 32c
Reports Q2 revenue $1.28B, consensus $1.28B. Q2 operating results included pretax charges of $70.9M, or 83c per diluted share related to debt refinancing, restructuring, litigation and transaction costs. Without these items, diluted earnings per share from continuing operations increased 26%.
13:37 EDTCLMTCalumet Specialty Products says pricing, demand remain strong
Says no major maintenance planned at any facilities for remainder of year. Comments from company's Q2 earnings conference call.
07:41 EDTCLMTCalumet Specialty Products sees 2014 CapEx $365M-$410M
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07:39 EDTCLMTCalumet Specialty Products reports Q2 EPS (17c), consensus 18c
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06:24 EDTAXASAbraxas Petroleum CEO sees margins continue to improve
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06:20 EDTYUMCredit Suisse to hold a conference
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06:05 EDTAXASAbraxas Petroleum reports Q2 adjusted EPS 11c, consensus 8c
Reports Q2 revenue $33.6M, consensus $30.97M. Reports Q2 production of 454MBoe,

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