Biogen (BIIB) is rising on Friday, following an upbeat first-quarter earnings report earlier this week.
Photo: Scott Eisen/Bloomberg
Still, Leerinks Geoffrey Porges is less enthusiastic about the stock. He reiterated a Market Perform rating on Biogen, and lowered his price target from $328 to $319 on Friday.
He writes that he still sees pressure for the companys MS franchise, and he wonders if investors initial enthusiasm about the quarter will last, as he sees Biogen looking to make a purchase ahead:
Whether this picture will be viewed as favorably going forward, remains to be seen. Biogen is clearly preparing itself for a significant external investment, most likely through an outright acquisition. It has $6.8bn in cash and marketable securities and significant incremental borrowing capacity. The company appears to be in the process of negotiating the sale of its hemophilia assets, which we believe could generated $5-6bn in additional cash. Even its expense management suggests it could be preparing room, in the form of R&D expense capacity, for a significant acquisition. We continue to believe that the most likely outcome is that the company makes one or a number of acquisitions in the CNS category, with $10-15bn in total investment possible (depending on whether it sells the hemophilia products). The companys first priority would seem to be adding late stage assets to complement the long-term investment it is making in aducanumab and other early to mid-s tage programs. We would not discount the possibility that the company may also consider re-structuring its relationship with Eisai to improve the economics of its participation in aducanumab.
Top 10 Rising Companies To Own In Right Now: Coca-Cola Company (The)(KO)
The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. Its sparkling beverages include nonalcoholic ready-to-drink beverages with carbonation, such as carbonated energy drinks, and carbonated waters and flavored waters. The companys still beverages comprise nonalcoholic beverages without carbonation, including noncarbonated waters, flavored and enhanced waters, noncarbonated energy drinks, juices and juice drinks, ready-to-drink teas and coffees, and sports drinks. It also provides flavoring ingredients, sweeteners, beverage ingredients, and fountain syrups, as well as powders for purified water products. The Coca-Cola Company sells its products primarily under the Coca-Cola, Diet Coke/Coca-Cola Light, Coca-Cola Zero, Fanta, Sprite, Minute Maid, Georgia, Powerade, Del Valle, Schweppes, Aquarius, Mi nute Maid Pulpy, Dasani, Simply, Glac茅au Vitaminwater, Bonaqua/Bonaqa, Gold Peak, FUZE TEA, Glac茅au Smartwater, and Ice Dew brand names. The company offers its beverage products through a network of company-owned or controlled bottling and distribution operators, as well as through independent bottling partners, distributors, wholesalers, and retailers. The Coca-Cola Company was founded in 1886 and is headquartered in Atlanta, Georgia.
- [By P.I.A.]
There are considerations. The Coca-Cola Company (KO), an outsized peer, has been underperforming, though it maintains one of the highest industry multiples. Its results may not bode well for DPS. It also is not clear how much of an effect Soda Stream International (SODA), which offers homemade carbonated beverages, might have on the future revenues soft drink companies.
- [By Matt Egan]
Cheap oil could signal trouble in the global economy: When economies are booming, they consume lots of oil — and vice versa. That’s why Wall Street is worried that the drop in energy prices suggests the global economy is slowing down more than already feared. A severe global slowdown would be very bad news for large U.S. companies like Coca-Cola (KO) and McDonald’s (MCD) to Caterpillar (CAT) that serve customers abroad.
Top 10 Rising Companies To Own In Right Now: Take-Two Interactive Software, Inc.(TTWO)
Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; offering downloadable episodes, and content and currency; and releasing titles for smartphones and tablets. The company also develops brands in other genres, including the L.A. Noire, Bully, and Manhunt franchises. In addition, it publishes various entertainment properties across platforms and a range of genres, including shooter, action, role-playing, strategy, sports, and family/casual entertainment under the BioShock, Mafia, Sid Meier’s Civilization, and XCOM Enemy Unknown series, as well as Borderlands and Evolve franchises; and various sports simulation titles, including its flagship NBA 2K series, a basketball video game and the WWE 2K series. The companys portfolio of brands also comprise Carnival Games, Rockstar Games Presents Table Tennis, Sid Meier’s Pirates!, Spec Ops, and Top Spin. Its products are designed for console gaming systems, such as Sony’s PlayStation 3 and PlayStation 4, and Microsoft’s Xbox 360 and Xbox One; handheld gaming systems; and personal computers comprising smartphones and tablets. The company delivers its products through physical retail, digital download, online platforms, and cloud streaming services. Take-Two Interactive Software, Inc. was founded in 1993 and is headquartered in New York, New York.
- [By Jon C. Ogg]
Take-Two Interactive Software Inc. (NASDAQ: TTWO) may not be seeing much ofa follow-on gain for its shares after the release of the notorious Grand Theft Auto 5. The reason is that shares had at one point almost doubled from the lows of the last year in anticipation. What is impressive, make that more than impressive,is that this video game launch set a record of $800 million at the launch day, and now its sales in just three days have crossed over the $1 billion mark in just three days.
- [By Victor Mora]
Take-Two Interactive is a developer and provider of interactive entertainment for the use in gaming systems, personal computer, smartphones, and tablets worldwide. The company is reportedly seeing stronger than expected sales from its latest release, Grand Theft Auto V. The stock has been moving higher in recent quarters and is currently trading slightly below highs for the year. Over the last four quarters, earnings and revenues have been rising, which has kept investors upbeat about the company. Relative to its peers and sector, Take-Two Interactive has been a year-to-date performance leader. Look for Take-Two Interactive to continue to OUTPERFORM.
- [By CNNMoney Staff]
What’s moving: Shares of Take-Two Interactive (TTWO) jumped after the company said its latest game, Grand Theft Auto V, raked in $800 million in worldwide retail sales on the first day of its release Tuesday.
Hot Food Companies To Buy For 2016: Synta Pharmaceuticals Corp.(SNTA)
Synta Pharmaceuticals Corp. focuses on the research, development, and commercialization of novel oncology medicines for cancer patients. Its clinical stage drug candidate in oncology is ganetespib, an Hsp90 inhibitor, which is in Phase II clinical trials to evaluate the combination of ganetespib and paclitaxel versus paclitaxel in patients with platinum-resistant ovarian cancer; and in Phase I/II trial in combination with the mTOR inhibitor sirolimus in patients with refractory sarcoma, including malignant peripheral nerve sheath tumors. The companys drug candidate in its Hsp90-inhibitor Drug Conjugate program is STA-12-8666, which is in preclinical trials for chemotherapy irinotecan. Synta Pharmaceuticals Corp. was incorporated in 2000 and is based in Lexington, Massachusetts.
- [By Lisa Levin]
Synta Pharmaceuticals Corp. (NASDAQ: SNTA) shares were also up, gaining 61 percent to $0.393. Synta Pharmaceuticals announced plans to merge with privately-held Madrigal Pharmaceuticals.
Top 10 Rising Companies To Own In Right Now: Terex Corporation(TEX)
Terex Corporation operates as a lifting and material handling solutions company. Its Aerial Work Platforms segment designs, manufactures, services, and markets aerial work platform equipment, telehandlers, and light towers, as well as related components and replacement parts under Terex and Genie names. The companys Construction segment offers compact construction equipment, including loader backhoes, mini and midi excavators, wheeled excavators, site dumpers, compaction rollers, skid steer loaders, and wheel loaders; and specialty equipment, such as material handlers, concrete mixer trucks, and concrete pavers. Its Cranes segment designs, manufactures, services, refurbishes, and markets mobile telescopic, tower, lattice boom crawler, lattice boom truck, utility equipment, and truck-mounted cranes, as well as related components and replacement parts under Terex name. The companys Material Handling & Port Solutions segment offers industrial cranes, such as universal cranes, process cranes, rope and chain hoists, electric motors, light crane systems, and crane components; and port and rail equipment, including mobile harbor cranes, straddle and sprinter carriers, gantry cranes, reach stackers, empty and full container handlers, general cargo lift trucks, automated stacking cranes, automated guided vehicles, terminal automation software, and related components and replacement parts. Its Materials Processing segment provides materials processing equipment, such as crushers, washing systems, screens, apron feeders, chippers, and related components and replacement parts under the Terex and Powerscreen brands. The company also provides financing solutions to assist customers in the rental, leasing, and acquisition of its products. It serves the construction, infrastructure, quarrying, mining, manufacturing, transportation, energy, and utility industries worldwide. Terex Corporation was founded in 19 25 and is based in Westport, Connecticut.
- [By Ben Levisohn]
Yesterday, Terex (TEX) announced that it would sell its ports business to Konecranes for $1.3 billion. Today, Baird’s Mircea Dobre and Joseph Grabowski upgraded Terex to Outperform from Neutral, arguing that the sale makes a takeover by China’s Zoomlion that much easier. They explain:
Balint Porneczi/Bloomberg News
The sale of MHPS to Konecranes is a positive catalyst on multiple fronts: shareholders got an attractive multiple for what historically has been a challenged business with further upside possible given 25% equity ownership in Konecranes, execution risk is diminished as new CEO can focus on operational improvement without the effort required to integrate the Terex and Konecranes businesses, and finally, the MHPS sale makes it easier for Zoomlion to acquire remaining Terex.
While our upgrade is not reliant on Zoomlion acquiring Terex, the MHPS transaction could make a firm Zoomlion offer more likely.
At the margin, a Zoomlion deal appears easier to get done: 1) the remaining businesses fit better with Zoomlions existing product portfolio of construction equipment, cranes, and various commercial and municipal equipment, 2) given the attractive terms of the MHPS sale, the funding hurdle required to acquire Terex is lowered, 3) many of the CFIUS issues center around national security concerns regarding the nations ports, no longer a concern given MHPS sale.
Dobre and Grabowski also raised their price target on Terex to $30, up from $24. With Terex off 0.1% at $24.88 today, that leaves 21% upside in the stock to Baird’s target.
In February, I wrote about Chinese demand for U.S. companies, including Terex.
Top 10 Rising Companies To Own In Right Now: CGG(CGG)
CGG SA (CGG), incorporated on March 30, 1984, is a manufacturer of geophysical equipment. The Company is a provider of marine, land and airborne data acquisition services. The Company is a provider of a range of other geoscience services, including data imaging, seismic data characterization, geoscience and petroleum engineering consulting services, and collecting, developing and licensing geological data. The Company’s clients include independent, international and national oil companies. The Company’s business lines include Equipment, Marine Acquisition, Land Acquisition, Multi-Physics, Multi-Client and New Ventures, Subsurface Imaging, GeoSoftware and GeoConsulting. The Company operates through four segments: Contractual Data Acquisition; Geology, Geophysics & Reservoir (GGR); Equipment, and Non-Operated Resources. The Contractual Data Acquisition includes marine, and land and multi-physics. The GGR segment includes the Multi-client business line (development and manage ment of seismic surveys that it undertakes and licenses to a range of clients on a non-exclusive basis) and the Subsurface Imaging and Reservoir business lines (processing and imaging of geophysical data, reservoir characterization, geophysical consulting and software services, geological data library and data management solutions). The Equipment segment consists of its manufacturing and sales activities for seismic equipment used for data acquisition, both on land and marine. The Non-Operated Resources segment consists of the costs of the non-operated marine resources, as well as all the costs of its Transformation Plan.
The Company’s Contractual Data Acquisition activity includes its geophysical acquisition services offering, including land, marine, airborne and seabed. The Company provides a range of marine seismic two dimension (2D) and three dimension (3D) services, focusing on the Gulf of Mexico, the North Sea, West Africa and Brazil, as well as the Asia P acific region. The Company also delivers marine seismic cont! ract data acquisition in frontier areas. The Company operates a fleet of over eight 3D high capacity vessels, a source vessels and a 3D/2D vessel of lower capacity. Its Oceanic Sirius, Oceanic Vega, Geo Caspian, Oceanic Endeavour, CGG Alize, Oceanic Champion, Viking Vision and Geo Celtic, can deploy approximately 10 streamers simultaneously. Its 3D high capacity vessels include Sentinel solid streamers, which provide acquiring surveys in tougher sea conditions, managing the frequency content and signal-to-noise ratio of the recorded data. The Company’s vessels deploy BroadSeis, which is its broadband marine solution.
The Company’s Land Data Acquisition business line is principally focused on the acquisition and onsite processing of seismic data acquired on land areas. The Multi-Physics business line acquisition is principally focused on the acquisition, processing and interpretation of airborne geophysical data on land or offshore, across the world, and on provi ding marine gravity and magnetic acquisition services onboard seismic vessels or independently, as well as the processing and interpretation of such data. Its activities are conducted out of operational centers located in Canada, Brazil, South Africa and Australia. Airborne activity includes the collection, processing and interpretation of data related to the earth’s surface and the soils and rocks beneath, and provides advice based on the results to clients in the mineral, oil and gas, governmental, engineering and environmental management sectors. It acquires electromagnetic, magnetic, radiometric and gravity data using fixed-wing airplanes and helicopter platforms. The Company also provides in-house acquisition and data processing of marine gravity and bathymetry in conjunction with seismic surveys or on a stand-alone basis. It also offers advanced geophysical data processing, interpretation and consulting services in order to provide integrated services for its natural r esource sector clients.
The Company’s GGR segme! nt engage! s in the activities assisting its clients in identifying their exploration targets and characterizing their reservoirs. The Company is engaged in developing and licensing multi-client seismic surveys; processing seismic data; selling seismic data processing and reservoir characterization software (under the geovation, Hampson-Russell, Jason, Insight Earth and Velpro brands); providing geoscience and petroleum engineering consulting services; collecting, developing and licensing geological data, and providing data management services and software to its clients. The Data Management Services (DMS) is a global business providing individual and integrated services in all areas of data asset management and data transformation to clients in or associated with the petroleum business, such as agencies maintaining government petroleum data repositories. The Multi-Client and New Ventures (MCNV) business line utilizes the resources of its other business lines, as well as those of sub-c ontractors to acquire and process seismic data for itself and license that data to its clients. Subsurface Imaging and Reservoir (SIR) conducts its seismic imaging operations out of over seven international centers located in Houston (the United States), Crawley (England), Massy (France), Singapore, Rio (Brazil), Oslo (Norway) and Calgary (Canada) and from over 20 regional and local centers. SIR also sells seismic data processing software, under the geovation brand and sells software for reservoir characterization, interpretation and modeling under the Hampson-Russell, Jason, Insight Earth and Velpro brands.
The Company conducts its equipment development and production operations through Sercel S.A. (Sercel) and its subsidiaries. Sercel is engaged in the development and production of seismic equipment in the land and marine seismic markets. Sercel sells its equipment and offers customer support services, including training across the world. It relates to a range of geophysical equipment for seismic data acquisition, incl! uding sei! smic recording equipment, software and seismic sources either for land (vibrators) or for marine (air guns). Sercel also supplies its clients with integrated solutions. The Company’s product, 428XL, is approximately 400 product series. Its products also include 508XT. Sercel also offers vibroseismic vehicles used as seismic source in land and for vibrator electronic systems VE 464.
The Company competes with PGS, WesternGeco, Polarcus, BGP, Sinopec, Geokinetics, WesternGeco, Global Geophysical Services, Fairfield, TGS, Geospace Technologies Corporation and Ion Geophysical Inc.
- [By Jonas Elmerraji]
First up is French oil service firm CGG Veritas (CGG)
. The Eurozone-based energy stock hasn’t exactly posted blockbuster performance in 2013, but investors who ignore CGG for the final stretch of the year could be making a big mistake. That’s because of a bullish technical pattern that’s emerging in shares right now.
CGG spent most of the last eight months looking anything but bullish. But an ascending triangle pattern is changing that. The pattern is formed by horizontal resistance to the upside at $26, and uptrending support to the below shares. Basically, as CGG bounces in between those two technical levels, it’s getting squeezed closer and closer to a breakout above $26. When that happens, traders have a buy signal.
The ascending triangle pattern in CGG Veritas isn’t exactly textbook. That’s because the setup is forming at the bottom of a downtrend, rather than in the middle of an uptrend but it’s a mistake to get caught up on the textbook pictures of what trading patterns are supposed to look like. On a move through $26, the trading implications are just as actionable.
Top 10 Rising Companies To Own In Right Now: Apollo Global Management, LLC(APO)
Apollo Global Management, LLC is a publicly owned investment manager. It primarily provides its services to endowment and sovereign wealth funds, as well as other institutional and individual investors. The firm manages client focused portfolios. It launches and manages hedge funds and mutual funds for its clients. The firm also manages real estate funds and private equity funds for its clients. The firm invests in the fixed income and alternative investment markets across the globe. Its alternative investments include investment in private equity and real estate markets. The firm’s private equity investments include traditional buyouts, recapitalization, distressed buyouts and debt investments in real estate, corporate partner buyouts, distressed asset, corporate carve-outs, turnaround, corporate restructuring, special situation, acquisition, and industry consolidation transactions. Its fixed income investments include income -oriented senior loan and bond, structured credit, opportunistic credit, non-performing loans and value oriented fixed income securities. The firm seeks to invest in chemicals; commodities; consumer and retail; oil and gas, metals, mining, agriculture, commodities, distribution and transportation; financial and business services; manufacturing and industrial; media distribution, cable, entertainment, and leisure; natural resources, energy, packaging and materials; and satellite and wireless. It seeks to invest in companies based in across North America with a focus on United States, and Europe. The firm also makes investments outside North America, primarily in Western Europe and Asia. The firm employs a combination of contrarian, value, and distressed strategies to make its investments. It conducts an in-house research to create its investment portfolio. The firm seeks to acquire minority positions in its portfolio companies. The firm seeks to make investments in the range of $200 million and $1.5 billion. Apollo Global Management, ! LLC was founded in 1990 and is headquartered in New York, New York with additional offices in Los Angeles, California; Purchase, New York; Houston, Texas; London, United Kingdom; Frankfurt, Germany; Luxembourg, Luxembourg; Hong Kong, Hong Kong; Singapore, Singapore; and Mumbai, India.
- [By Chad Tracy]
In 2008, Apollo Global Management (NYSE: APO) co-founder Joshua Harris was on a losing streak.
The firm's $430 million investment in big-box retailer Linens N' Things went south when the company filed for bankruptcy.
Top 10 Rising Companies To Own In Right Now: Occidental Petroleum Corporation(OXY)
Occidental Petroleum Corporation engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company operates in three segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. The Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; vinyls comprising vinyl chloride monomer and polyvinyl chloride; and other chemicals, such as resorcinol. The Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also trades around its assets consisting of transportat ion and storage capacity, as well as oil, NGLs, gas, and other commodities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.
- [By Michael Flannelly]
Early on Monday, analysts at Deutsche Bank lowered their price target on Occidental Petroleum Corporation (OXY) to reflect a lower-than-expected valuation of an asset that the oil and gas exploration company is trying to sell.
Though the analysts lowered OXY’s price target from $114 to $109, they still maintain a “Buy” rating on the stock. The new price target suggests a 22% upside to the stock’s Friday closing price of $89.49.
Deutsche Bank analyst Paul Sankey said, “Bloomberg Finance LP reports that Oxy is seeking sale of 40% of Mideast operations for around $8bn, which would imply $20bn total value for the unit. However reportedly some suitors are valuing the asset at around $15bn. This is a relatively negative valuation against our previous view that Oxy would be seeking $25+bn for its MENA business. We are cutting our price target to $109/share to reflect this lower implied valuation.”
Occidental Petroleum shares were up 96 cents, or 1.07%, during pre-market trading on Monday. The stock is up 16.81% year-to-date.
- [By Garrett Cook]
Citi notes that presentations from producers (the bank specifically notes Anadarko (NYSE: APC), Occidental Petroleum (NYSE: OXY), and Pioneer Natural Resources (NYSE: PXD)) showed a lack of commitment to enter 2017 hedge programs to lock in the economics for drilling.
Top 10 Rising Companies To Own In Right Now: Discovery Communications, Inc.(DISCA)
Discovery Communications, Inc. operates as a media company worldwide. It operates through U.S. Networks; International Networks; and Education and Other segments. The company owns and operates various television networks under the Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science, Velocity, Discovery Family, American Heroes, Destination America, Discovery Life, Oprah Winfrey Network, Eurosport, DMAX, and Discovery Kids brands. Its content spans genres, including survival, exploration, sports, lifestyle, general entertainment, heroes, adventure, crime and investigation, health, and kids. The company also develops and sells curriculum-based education products and services comprising online suite of curriculum-based VOD tools, professional development services, and digital textbooks, as well as student assessments; and publishes hard copy curriculum-based content for K-12 schools. In addition, it operates pr oduction studios that develop content for television service providers, as well as Websites. The company provides content through various distribution platforms, including pay-TV, free-to-air and broadcast television, digital distribution arrangements, and content licensing agreements, as well as various platforms, such as brand-aligned Websites, Web-native networks, on-line streaming, mobile devices, video on demand (VOD), and broadband channels. As of December 31, 2015, it operated approximately 380 distribution feeds in 40 languages internationally. The company is headquartered in Silver Spring, Maryland.
- [By Harold L. Vogel]
*Includes AMC (AMCX), Cablevision (CVC), Charter, Comcast Cable (CMCSA) and networks, Discovery (DISCA), Disney (DIS) cable networks, Time Warner Cable (TWC) and cable networks, Viacom (VIAB) networks.
Top 10 Rising Companies To Own In Right Now: Leading Brands Inc(LBIX)
Leading Brands, Inc., together with its subsidiaries, engages in the development, production, marketing, and distribution of beverages in Canada, the western United States, and Asia. It also involves in beverage bottling, as well as in the sale, merchandising, brand development, brand licensing, and brand management of beverage products. The company?s principal product lines comprise juices and waters. It sells its products under TrueBlue, LiteBlue, and PureBlue brand names, as well as under licensed brand Stewart?s Fountain Classics. The company sells beverage products through its sales force, as well as through outside brokers and agents to retail, wholesale, and distribution outlets. The company was formerly known as Brio Industries Inc. and changed its name to Leading Brands, Inc. in October 1999. Leading Brands, Inc. was founded in 1986 and is headquartered in Vancouver, Canada.
- [By Lisa Levin]
Leading Brands, Inc (USA) (NASDAQ: LBIX) shares shot up 66 percent to $2.49 following Q1 results. Leading Brands reported Q1 earnings of $0.10 per share on revenue of $3.033 million.
Top 10 Rising Companies To Own In Right Now: Daktronics, Inc.(DAKT)
Daktronics, Inc., together with its subsidiaries, designs, manufactures, and sells various electronic display systems and related products worldwide. It operates through five segments: Commercial, Live Events, High School Park and Recreation, Transportation, and International. The company offers video display systems, such as displays to show various levels of video, graphics, and animation, as well as controllers; LED ribbon board displays; mobile and modular display systems; freeform LED displays, which include architectural lighting and display products; indoor and outdoor scoreboards for various sports, digit displays, scoring and timing controllers, statistics software, and other related products; and timing systems for sports events, primarily aquatics and track competitions, as well as swimming touchpads, race start systems, and relay take-off platforms. It also provides message displays; ITS dynamic message signs, incl uding LED displays for road management, mass transit, and aviation applications; and digit and directional displays for use in parking facilities; audio systems for outdoor sports venues. In addition, the company offers static and digital billboards used to display static images which change at regular intervals for the out-of-home (OOH) advertising industry; Visiconn system, a software application for controlling content and playback loops for digital billboard applications; and street furniture comprising advertising light boxes for static, scrolling, and digital OOH campaigns. Further, it provides digit and price displays, such as outdoor time and temperature displays, as well as Fuelight digit displays for the petroleum industry; and maintenance and professional services related to its products. The company sells its products through direct sales and resellers. Daktronics, Inc. was founded in 1968 and is based in Brookings, South Dakota.
- [By Monica Gerson]
Daktronics, Inc. (NASDAQ: DAKT) is estimated to report its quarterly earnings at $0.08 per share on revenue of $156.17 million. Daktronics shares slipped 0.13 percent to close at $7.97 on Tuesday.
- [By Monica Gerson]
Daktronics, Inc. (NASDAQ: DAKT) is projected to report its quarterly earnings at $0.08 per share on revenue of $156.17 million.
Guidewire Software Inc (NYSE: GWRE) is estimated to post its quarterly earnings at $0.06 per share on revenue of $92.43 million.