Trade: Today, CBIZ Inc. (CBZ) Releases FY16 Earnings Guidance

Trade: Today, CBIZ Inc. (CBZ) Releases FY16 Earnings Guidance

CBIZ Inc. (NYSE:CBZ) updated its FY16 earnings guidance on Tuesday. The company provided EPS guidance of $0.74-0.76 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.75. The company issued revenue guidance of $795.5-810.5 million, compared to the consensus revenue estimate of $801.31 million. A number of brokerages have recently commented on CBZ. Zacks Investment Research lowered CBIZ from a buy rating to a hold rating in a report on Tuesday, October 4th. Sidoti began coverage on CBIZ in a report on Tuesday, July 19th. They set…

Trade: Today, Royal Dutch Shell PLC (RDS.A) Posts Earnings Results, Beats Estimates By $0.26 EPS

Trade: Today, Royal Dutch Shell PLC (RDS.A) Posts  Earnings Results, Beats Estimates By $0.26 EPS

Royal Dutch Shell PLC (NYSE:RDS.A) released its quarterly earnings data on Tuesday. The company reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.26. Royal Dutch Shell PLC had a negative net margin of 2.06% and a positive return on equity of 3.04%. The company had revenue of $61.86 billion for the quarter, compared to analysts’ expectations of $61.10 billion. During the same quarter last year, the company earned $0.28 earnings per share. RDS.A has been the topic of a number of recent research…

Trade: Today, PPL Corp. (PPL) Issues Quarterly Earnings Results

Trade: Today, PPL Corp. (PPL) Issues Quarterly  Earnings Results

PPL Corp. (NYSE:PPL) issued its earnings results on Tuesday. The company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.58 by $0.05. The company had revenue of $1.89 billion for the quarter, compared to analyst estimates of $2.04 billion. PPL Corp. had a net margin of 23.56% and a return on equity of 14.77%. The business’s revenue was up .6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.51 EPS. PPL Corp. updated its FY17 guidance to $2.05-2.25 EPS. PPL…

Trade: Today, Banco De Chile (BCH) Rating Increased to Buy at The Zacks Investment Research

Trade: Today, Banco De Chile (BCH) Rating Increased to Buy at The Zacks Investment Research

Banco De Chile (NYSE:BCH) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Monday. The firm presently has a $80.00 target price on the stock. Zacks Investment Research’s price target would suggest a potential upside of 11.69% from the stock’s current price. According to Zacks, “Banco De Chile is principally engaged in commercial banking in Chile, providing general banking services to a diverse customer base that includes large corporations, small and mid-sized businesses and individuals. “ Other research analysts also…

Trade: Today, The Zacks Investment Research Downgrade TE Connectivity Ltd. (TEL) to Sell

Trade: Today, The Zacks Investment Research Downgrade TE Connectivity Ltd. (TEL) to Sell

TE Connectivity Ltd. (NYSE:TEL) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Monday. According to Zacks, “TE Connectivity has been suffering from sluggishness in industrial markets. Further, weakness in oil & gas markets and the derivative impact of lower oil prices are expected to remain formidable headwinds, going forward. Adverse currency fluctuations and high restructuring expenses have been straining the company’s results. TE Connectivity believes that its industrial, data & devices, and communications businesses will continue…

Trade: Today, Vertex Pharmaceuticals Inc. (VRTX) Rating Increased to Hold at The Zacks Investment Research

Trade: Today, Vertex Pharmaceuticals Inc. (VRTX) Rating Increased to Hold at The Zacks Investment Research

Vertex Pharmaceuticals Inc. (NASDAQ:VRTX) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a note issued to investors on Monday. According to Zacks, “Vertex’s Q3 loss was wider-than-expected while revenues fell short of expectations. Vertex is focused on cystic fibrosis (CF) treatments. The company has two CF drugs – Kalydeco & Orkambi – in its portfolio with blockbuster potential. Vertex’s efforts to get both drugs approved for additional indications are encouraging – approval for additional indications will expand the patient population and boost…

Trade: Today, The Zacks Investment Research Downgrade ARI Network Services Inc. (ARIS) to Sell

Trade: Today, The Zacks Investment Research Downgrade ARI Network Services Inc. (ARIS) to Sell

ARI Network Services Inc. (NASDAQ:ARIS) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Monday. According to Zacks, “ARI Network Services, Inc. is a provider of business-to-business Internet e-commerce solutions for manufacturers with shared distribution and service networks. The company currently serves segments of the manufactured equipment market, including Outdoor Power, Recreation Vehicle, Floor Maintenance, Marine, and Construction. The company’s communications systems provide an electronic pathway for parts orders, warranty claims, and other transactions between manufacturers and their networks of…

Trade: Today, The Zacks Investment Research Upgraded Progressive Waste Solutions Ltd. (WCN) to Buy

Trade: Today, The Zacks Investment Research Upgraded Progressive Waste Solutions Ltd. (WCN) to Buy

Progressive Waste Solutions Ltd. (NYSE:WCN) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report issued on Monday. The brokerage presently has a $84.00 target price on the stock. Zacks Investment Research’s price objective points to a potential upside of 12.40% from the company’s current price. According to Zacks, “Waste Connections reported solid third quarter results with nearly two-fold increase in revenues although adjusted earnings marginally missed by $0.01. The merger of Waste Connections with Progressive Waste Solutions has arguably created an industry…

Trade: Today, Advanced Disposal Services Inc (ADSW) Coverage Initiated at Credit Suisse Group AG

Trade: Today, Advanced Disposal Services Inc (ADSW) Coverage Initiated at Credit Suisse Group AG

Equities research analysts at Credit Suisse Group AG initiated coverage on shares of Advanced Disposal Services Inc (NYSE:ADSW) in a research note issued to investors on Monday. The brokerage set an “outperform” rating on the stock. Several other analysts have also weighed in on ADSW. First Analysis assumed coverage on Advanced Disposal Services in a report on Monday. They set an “overweight” rating and a $26.00 price objective on the stock. Stifel Nicolaus assumed coverage on Advanced Disposal Services in a report on Monday. They set a “buy” rating and…

Trade: Today, BTIG Research Reiterates “Buy” Rating for Ophthotech Corp. (OPHT)

Trade: Today, BTIG Research Reiterates “Buy” Rating for Ophthotech Corp. (OPHT)

Ophthotech Corp. (NASDAQ:OPHT)‘s stock had its “buy” rating reissued by stock analysts at BTIG Research in a research report issued on Monday. They currently have a $92.00 price target on the biopharmaceutical company’s stock. BTIG Research’s target price would indicate a potential upside of 161.51% from the company’s previous close. Other equities research analysts have also recently issued reports about the company. Cowen and Company set a $60.00 price target on Ophthotech Corp. and gave the company a “buy” rating in a research note on Saturday, October 1st. Chardan Capital…