Triumph Group Fiscal Q4 EPS Tops Street Estimate, Revenues Miss

Triumph Group Fiscal Q4 EPS Tops Street Estimate, Revenues Miss

Triumph Group, an aircraft parts manufacturer, reported fiscal Q4 adjusted EPS of $3.09, up from $1.32 in the same period a year ago and topping the estimate of $1.58 from analysts polled by CapIQ. Total revenues of $919.9 million were down from $1.06 billion in the same period a year ago and fell short of the Street projection of $923.9 million. The company said it expects fiscal 2018 revenue in […]

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CytRx Shares Higher

CytRx Shares Higher

CytRx shares rose 10% on Thursday after the company said updated results from a phase 3 trial of aldoxorubicin in patients with relapsed and refractory soft tissue sarcomas continued to demonstrate significantly prolonged progression-free survival compared to standard treatments. Moreover, the data show that aldoxorubicin can be dosed continuously with minimal to no cardiotoxicity. “Taken together, these findings support aldoxorubicin’s potential as a superior anthracycline treatment for patients suffering with […]

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Bruker Corp Authorizes New Share Repurchase Program

Bruker Corp Authorizes New Share Repurchase Program

Bruker Corp. said Friday it has authorized a new share repurchase program for the purchase of up to $225 million of the company’s common stock over a two-year period commencing today. Under the program, Bruker may repurchase common stock from time to time, in amounts, at prices, and at such times as it deems appropriate, subject to market conditions, legal requirements and other considerations. Bruker said it intends to fund […]

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Newell Brands Tops Q1 Projections

Newell Brands Tops Q1 Projections

Newell Brands shares rose nearly 6% in pre-market trade after the consumer products manufacturer reported Q1 adjusted EPS of $0.34, down from $0.40 in the same period a year ago and topping the estimate of $0.29 from analysts polled by CapIQ. Total revenues of $3.27 billion were up from $1.31 billion in the same period a year ago and exceeded the Street projection of $3.23 billion. The company raised guidance […]

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Automatic Data Processing Fiscal Q3 EPS Beats Street

Automatic Data Processing Fiscal Q3 EPS Beats Street

Automatic Data Processing said Wednesday its fiscal Q3 earnings were $1.31 per share, up from $1.17 per share in the same period a year ago, beating estimates of analysts polled by Capital IQ of $1.23 per share. Revenue in the quarter ended March 31 was $3.41 billion compared with $3.25 billion in the same period a year ago, just a hair shy of Capital IQ analysts’ estimates of $3.42 billion. […]

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