Blog Posts by Simplus Information Services

  • Black Hat USA 2015 News and Digital Content From Business Wire Members Available Online At www.tradeshownews.com

    LOS ANGELES--(BUSINESS WIRE)--

    Business Wire will be posting its members breaking exhibitor news on a dedicated Online Press Center for this event.

    Media may contact the Business Wire Event Services Group at tradeshow@businesswire.com with any questions pertaining to these news releases.

    For a complete listing of past and future event news go to www.tradeshownews.com. For more information on Business Wire’s suite of event news release distribution services, click here.

    About Business Wire:

    Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Investor relations, public relations, public policy and marketing professionals rely on Business Wire to accurately distribute market-moving news and multimedia, host online newsrooms and IR websites, build content

    Read More »from Black Hat USA 2015 News and Digital Content From Business Wire Members Available Online At www.tradeshownews.com
    Contact:
    Business Wire Global Event Services Group
    Leon Harbar
    US. +1.310.820.9473
    or
    Follow us:
    Twitter: @tradeshownews
    LinkedIn: Business Wire Trade Show Services

  • Axcelis tops Street 2Q forecasts

    Axcelis Technologies posts 2Q profit, results top Street expectations

    BEVERLY, Mass. (AP) _ Axcelis Technologies Inc. (ACLS) on Tuesday reported second-quarter net income of $5.9 million, after reporting a loss in the same period a year earlier.

    The Beverly, Massachusetts-based company said it had profit of 5 cents per share.

    The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.

    The semiconductor services company posted revenue of $78.4 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $71.5 million.

    For the current quarter ending in October, Axcelis said it expects revenue in the range of $75 million to $80 million.

    In the final minutes of trading on Tuesday, the company's shares hit $2.87. A year ago, they were trading at $1.73.

    _____

    This story was

    Read More »from Axcelis tops Street 2Q forecasts
  • Thoratec beats 2Q profit forecasts

    Thoratec posts 2Q profit of $13.2 million, result tops expectations

    PLEASANTON, Calif. (AP) _ Thoratec Corp. (THOR) on Tuesday reported second-quarter profit of $13.2 million.

    On a per-share basis, the Pleasanton, California-based company said it had profit of 24 cents. Earnings, adjusted for one-time gains and costs, were 37 cents per share.

    The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share.

    The heart device maker posted revenue of $128.7 million in the period.

    Thoratec shares have risen 95 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $63.35, a rise of 93 percent in the last 12 months.

    _____

    This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on THOR at

    Read More »from Thoratec beats 2Q profit forecasts
  • Forest City posts 2Q profit

    Forest City Enterprises posts 2nd-quarter profit of $297.2 million

    CLEVELAND (AP) _ Forest City Enterprises Inc. (FCE.A) on Tuesday reported second-quarter net income of $297.2 million, after reporting a loss in the same period a year earlier.

    On a per-share basis, the Cleveland-based company said it had profit of $1.18.

    The developer of shopping malls, office buildings and apartment complexes posted revenue of $259.8 million in the period.

    Forest City shares have risen almost 9 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $23.16, an increase of 19 percent in the last 12 months.

    _____

    This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FCE.A at http://www.zacks.com/ap/FCE.A

    _____

    Keywords: Forest City Enterprises, Earnings Report

    Read More »from Forest City posts 2Q profit
  • Fenix Parts Announces Form 8-K/A Filing

    WESTCHESTER, Ill., Aug. 4, 2015 (GLOBE NEWSWIRE) -- Fenix Parts, Inc. (FENX), a leading recycler and reseller of original equipment manufacturer ("OEM") automotive products, today filed its required Form 8-K/A providing the first quarter 2015 financial results of the other founding companies (Eiss Brothers, Inc., GO Auto Recycling, Jerry Brown, Ltd., and Leesville Auto Wreckers, Inc.). The company previously reported financial results for Fenix Parts, Inc., the designated accounting acquirer, as well as the financial statements for its accounting co-predecessors (the combined Beagell Group and the combined Standard companies) in the 10Q for the quarter ended March 31, 2015 filed on June 29, 2015. The 8-K/A also includes the pro forma statements of income for Fenix and all of the founding companies for the year ended December 31, 2014 and for the three months ended March 31, 2015, and a pro forma balance sheet for Fenix and all of the founding companies as of March 31, 2015.

    As

    Read More »from Fenix Parts Announces Form 8-K/A Filing
    Contact:
    At Fenix Parts:
    Scott Pettit
    Chief Financial Officer
    scottpettit@fenixparts.com
    Investor and Media Inquiries:
    Chris Kettmann
    Clermont Partners
    312-690-6002
    ckettmann@clermontpartners.com
  • Two Airlines Near Buy Points After Surging Q2 Profits

    Airlines were the top performing group Monday as oil prices slumped more than 4%. And while a few former leaders like Southwest (LUV) and Spirit Airlines (SAVE) have gotten into trouble, the group still ranks a respectable No. 24 in Tuesday's paper. SkyWest (SKYW), new to the Spotlight screen, is a commercial airline headquartered in St. George, Utah, that provides more than 3,500 daily scheduled flights in North America. The stock narrowly topped a 17.30 buy point on Tuesday. The consolidation pattern doesn't meet the qualifications for a flat base since the correction is too deep, or a double bottom because the second low does not undercut the first. Also, trading within the base is mostly erratic aside from some tight weekly closes in May and June. On Friday, the stock gapped up 18% in huge volume as investors cheered the company's second-quarter earnings report. Profit of 61 cents a share smashed analyst expectations and compares to a loss in the year-ago period. Revenue slipped 3%

    Read More »from Two Airlines Near Buy Points After Surging Q2 Profits
  • Paycom In Heaven As Cloud Strategy Pays Off In Q2

    Paycom Software (PAYC) raised its full-year sales outlook Tuesday after second-quarter earnings and revenue easily topped Wall Street targets on growth amid the shift to cloud computing. The cloud-based developer of payroll and human resources software said adjusted Q2 earnings soared 150% to 10 cents per share, beating by 4 cents. Revenue jumped 47% to $49 million, above views for $45.8 million. The Oklahoma City-based company sees Q3 revenue of $51 million-$52 million, topping analyst consensus for $49 million. For the full year, Paycom now sees revenue of $210 million-$212 million, above Wall Street forecasts of $205.3 million, and up from a prior outlook of $203 million-$205 million. Shares jumped 7.6% to 34.50 in after-hours trading in the stock market today. The stock closed at 32.10, up 2% for the day. The IBD 50 company went public in March 2014 after pricing at 15 a share. Paycom has more than doubled since then. Mostly small and midsize companies use Paycom's software to

    Read More »from Paycom In Heaven As Cloud Strategy Pays Off In Q2
  • Planet Payment tops Street 2Q forecasts

    Planet Payment posts 2Q profit, results beat Wall Street estimates

    LONG BEACH, N.Y. (AP) _ Planet Payment Inc. (PLPM) on Tuesday reported second-quarter earnings of $1.9 million.

    On a per-share basis, the Long Beach, New York-based company said it had net income of 3 cents.

    The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.

    The payment processing company posted revenue of $12.7 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $12.1 million.

    Planet Payment expects full-year earnings to be 9 cents to 11 cents per share, with revenue in the range of $49 million to $51 million.

    In the final minutes of trading on Tuesday, the company's shares hit $2.59. A year ago, they were trading at $2.27.

    _____

    This story was generated by Automated Insights

    Read More »from Planet Payment tops Street 2Q forecasts
  • IMF signals delay on adding China to currency basket

    IMF staff recommends keeping current line-up of top currencies unchanged until October 2016

    WASHINGTON (AP) -- The staff of the International Monetary Fund is recommending that China wait until at least October 2016 to join an exclusive club of the world's top currencies.

    China wants its currency, the yuan, included in a basket of currencies used in IMF operations along with the U.S. dollar, euro, British pound and Japanese yen. It was hoping the yuan could be added this Jan. 1. The IMF board will consider later this month the staff's recommendation for a delay until Oct. 1 of next year.

    China believes it deserves to be included because it boasts the world's second-biggest economy. But the yuan is not as widely used as the other four currencies.

  • Treasury Mutual Funds Win July Fixed Income Battle

    Best Mutual Funds 2015: July Performance Report Interest rate volatility did not let bond mutual fund investors off the hook in July. Most of the volatility took place in the longer end of the yield curve. That resulted in mixed performance. General U.S. Treasury funds were the clear winners, rising 1.93%, according to preliminary Lipper Inc. data. Government funds also did well, with a 0.87% return. On the short end, U.S. Treasury funds rose 0.22%, while U.S. Government climbed a scant 0.02%. On the credit side, intermediate core bond funds were up 0.52%, while longer-maturity A and BBB rated funds advanced 0.78% and 0.60%. High-yield funds slid 0.47%, as spreads shot up due to declining energy prices. All international funds suffered from the risk-aversion trade during the month. Emerging market local-currency funds were the hardest hit, sinking 2.70%, followed by alternative currency strategy funds, which gave up 1.37%. Emerging market hard-currency funds gave up 0.52% as a

    Read More »from Treasury Mutual Funds Win July Fixed Income Battle

Blog Posts by Simplus Information Services

  • Black Hat USA 2015 News and Digital Content From Business Wire Members Available Online At www.tradeshownews.com

    LOS ANGELES--(BUSINESS WIRE)--

    Business Wire will be posting its members breaking exhibitor news on a dedicated Online Press Center for this event.

    Media may contact the Business Wire Event Services Group at tradeshow@businesswire.com with any questions pertaining to these news releases.

    For a complete listing of past and future event news go to www.tradeshownews.com. For more information on Business Wire’s suite of event news release distribution services, click here.

    About Business Wire:

    Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Investor relations, public relations, public policy and marketing professionals rely on Business Wire to accurately distribute market-moving news and multimedia, host online newsrooms and IR websites, build content

    Read More »from Black Hat USA 2015 News and Digital Content From Business Wire Members Available Online At www.tradeshownews.com
    Contact:
    Business Wire Global Event Services Group
    Leon Harbar
    US. +1.310.820.9473
    or
    Follow us:
    Twitter: @tradeshownews
    LinkedIn: Business Wire Trade Show Services

  • Axcelis tops Street 2Q forecasts

    Axcelis Technologies posts 2Q profit, results top Street expectations

    BEVERLY, Mass. (AP) _ Axcelis Technologies Inc. (ACLS) on Tuesday reported second-quarter net income of $5.9 million, after reporting a loss in the same period a year earlier.

    The Beverly, Massachusetts-based company said it had profit of 5 cents per share.

    The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.

    The semiconductor services company posted revenue of $78.4 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $71.5 million.

    For the current quarter ending in October, Axcelis said it expects revenue in the range of $75 million to $80 million.

    In the final minutes of trading on Tuesday, the company's shares hit $2.87. A year ago, they were trading at $1.73.

    _____

    This story was

    Read More »from Axcelis tops Street 2Q forecasts
  • Thoratec beats 2Q profit forecasts

    Thoratec posts 2Q profit of $13.2 million, result tops expectations

    PLEASANTON, Calif. (AP) _ Thoratec Corp. (THOR) on Tuesday reported second-quarter profit of $13.2 million.

    On a per-share basis, the Pleasanton, California-based company said it had profit of 24 cents. Earnings, adjusted for one-time gains and costs, were 37 cents per share.

    The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share.

    The heart device maker posted revenue of $128.7 million in the period.

    Thoratec shares have risen 95 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $63.35, a rise of 93 percent in the last 12 months.

    _____

    This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on THOR at

    Read More »from Thoratec beats 2Q profit forecasts
  • Forest City posts 2Q profit

    Forest City Enterprises posts 2nd-quarter profit of $297.2 million

    CLEVELAND (AP) _ Forest City Enterprises Inc. (FCE.A) on Tuesday reported second-quarter net income of $297.2 million, after reporting a loss in the same period a year earlier.

    On a per-share basis, the Cleveland-based company said it had profit of $1.18.

    The developer of shopping malls, office buildings and apartment complexes posted revenue of $259.8 million in the period.

    Forest City shares have risen almost 9 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $23.16, an increase of 19 percent in the last 12 months.

    _____

    This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FCE.A at http://www.zacks.com/ap/FCE.A

    _____

    Keywords: Forest City Enterprises, Earnings Report

    Read More »from Forest City posts 2Q profit
  • Fenix Parts Announces Form 8-K/A Filing

    WESTCHESTER, Ill., Aug. 4, 2015 (GLOBE NEWSWIRE) -- Fenix Parts, Inc. (FENX), a leading recycler and reseller of original equipment manufacturer ("OEM") automotive products, today filed its required Form 8-K/A providing the first quarter 2015 financial results of the other founding companies (Eiss Brothers, Inc., GO Auto Recycling, Jerry Brown, Ltd., and Leesville Auto Wreckers, Inc.). The company previously reported financial results for Fenix Parts, Inc., the designated accounting acquirer, as well as the financial statements for its accounting co-predecessors (the combined Beagell Group and the combined Standard companies) in the 10Q for the quarter ended March 31, 2015 filed on June 29, 2015. The 8-K/A also includes the pro forma statements of income for Fenix and all of the founding companies for the year ended December 31, 2014 and for the three months ended March 31, 2015, and a pro forma balance sheet for Fenix and all of the founding companies as of March 31, 2015.

    As

    Read More »from Fenix Parts Announces Form 8-K/A Filing
    Contact:
    At Fenix Parts:
    Scott Pettit
    Chief Financial Officer
    scottpettit@fenixparts.com
    Investor and Media Inquiries:
    Chris Kettmann
    Clermont Partners
    312-690-6002
    ckettmann@clermontpartners.com
  • Two Airlines Near Buy Points After Surging Q2 Profits

    Airlines were the top performing group Monday as oil prices slumped more than 4%. And while a few former leaders like Southwest (LUV) and Spirit Airlines (SAVE) have gotten into trouble, the group still ranks a respectable No. 24 in Tuesday's paper. SkyWest (SKYW), new to the Spotlight screen, is a commercial airline headquartered in St. George, Utah, that provides more than 3,500 daily scheduled flights in North America. The stock narrowly topped a 17.30 buy point on Tuesday. The consolidation pattern doesn't meet the qualifications for a flat base since the correction is too deep, or a double bottom because the second low does not undercut the first. Also, trading within the base is mostly erratic aside from some tight weekly closes in May and June. On Friday, the stock gapped up 18% in huge volume as investors cheered the company's second-quarter earnings report. Profit of 61 cents a share smashed analyst expectations and compares to a loss in the year-ago period. Revenue slipped 3%

    Read More »from Two Airlines Near Buy Points After Surging Q2 Profits
  • Paycom In Heaven As Cloud Strategy Pays Off In Q2

    Paycom Software (PAYC) raised its full-year sales outlook Tuesday after second-quarter earnings and revenue easily topped Wall Street targets on growth amid the shift to cloud computing. The cloud-based developer of payroll and human resources software said adjusted Q2 earnings soared 150% to 10 cents per share, beating by 4 cents. Revenue jumped 47% to $49 million, above views for $45.8 million. The Oklahoma City-based company sees Q3 revenue of $51 million-$52 million, topping analyst consensus for $49 million. For the full year, Paycom now sees revenue of $210 million-$212 million, above Wall Street forecasts of $205.3 million, and up from a prior outlook of $203 million-$205 million. Shares jumped 7.6% to 34.50 in after-hours trading in the stock market today. The stock closed at 32.10, up 2% for the day. The IBD 50 company went public in March 2014 after pricing at 15 a share. Paycom has more than doubled since then. Mostly small and midsize companies use Paycom's software to

    Read More »from Paycom In Heaven As Cloud Strategy Pays Off In Q2
  • Planet Payment tops Street 2Q forecasts

    Planet Payment posts 2Q profit, results beat Wall Street estimates

    LONG BEACH, N.Y. (AP) _ Planet Payment Inc. (PLPM) on Tuesday reported second-quarter earnings of $1.9 million.

    On a per-share basis, the Long Beach, New York-based company said it had net income of 3 cents.

    The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.

    The payment processing company posted revenue of $12.7 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $12.1 million.

    Planet Payment expects full-year earnings to be 9 cents to 11 cents per share, with revenue in the range of $49 million to $51 million.

    In the final minutes of trading on Tuesday, the company's shares hit $2.59. A year ago, they were trading at $2.27.

    _____

    This story was generated by Automated Insights

    Read More »from Planet Payment tops Street 2Q forecasts
  • IMF signals delay on adding China to currency basket

    IMF staff recommends keeping current line-up of top currencies unchanged until October 2016

    WASHINGTON (AP) -- The staff of the International Monetary Fund is recommending that China wait until at least October 2016 to join an exclusive club of the world's top currencies.

    China wants its currency, the yuan, included in a basket of currencies used in IMF operations along with the U.S. dollar, euro, British pound and Japanese yen. It was hoping the yuan could be added this Jan. 1. The IMF board will consider later this month the staff's recommendation for a delay until Oct. 1 of next year.

    China believes it deserves to be included because it boasts the world's second-biggest economy. But the yuan is not as widely used as the other four currencies.

  • Treasury Mutual Funds Win July Fixed Income Battle

    Best Mutual Funds 2015: July Performance Report Interest rate volatility did not let bond mutual fund investors off the hook in July. Most of the volatility took place in the longer end of the yield curve. That resulted in mixed performance. General U.S. Treasury funds were the clear winners, rising 1.93%, according to preliminary Lipper Inc. data. Government funds also did well, with a 0.87% return. On the short end, U.S. Treasury funds rose 0.22%, while U.S. Government climbed a scant 0.02%. On the credit side, intermediate core bond funds were up 0.52%, while longer-maturity A and BBB rated funds advanced 0.78% and 0.60%. High-yield funds slid 0.47%, as spreads shot up due to declining energy prices. All international funds suffered from the risk-aversion trade during the month. Emerging market local-currency funds were the hardest hit, sinking 2.70%, followed by alternative currency strategy funds, which gave up 1.37%. Emerging market hard-currency funds gave up 0.52% as a

    Read More »from Treasury Mutual Funds Win July Fixed Income Battle

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