TransCanada, Sierra Oil & Gas and Grupo TMM are proposing to jointly develop storage and transportation infrastructure to supply refined products such as gas, diesel and jet fuel to the central region of Mexico and surrounding markets. The proposed $800 million project would be the largest single investment in refined[Read More…]
B&G Foods shares rallied to a fresh record high Friday after the maker of frozen food products reported late Thursday Q2 adjusted earnings of $0.57 per share, up from $0.34 per share in the prior year period and higher than the $0.46 per share Street estimate provided by Capital IQ.[Read More…]
Shares of Diebold were rallying Thursday after the company reported Q2 adjusted EPS that was well above expectations compiled by Capital IQ on lower revenues that missed forecasts. The company also reiterated its FY16 guidance. Q2 adjusted EPS was $0.43 per share, up from $0.38 per share a year earlier[Read More…]
Frequency Electronics (FEIM) shares rose 8% on Monday after the provider of precision time and frequency technology provided a positive outlook after reporting an unchanged loss per share of $0.01 in the fiscal Q4. In the quarter ended April 30, revenue fell to $14.2 million from $19.2 million. No analyst[Read More…]
Zafgen shares fell to a new low on Wednesday after the company said it has concluded a review of its assets and clinical programs, taking into account feedback from regulatory authorities, and is refocusing on development of a differentiated second-generation MetAP2 inhibitor in severe and complicated obesity. ZFGN was down[Read More…]
