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👤Leslie Bailey
🕔January 28, 2015
Telefónica, S.A. (NYSE:TEF) selects Amdocs for multi-channel, quad-play transformation. Amdocs (DOX) announced that Telefonica (TEF), one of the world’s leading service providers, has selected Amdocs for a business support systems, or BSS, transformation project in Brazil to provide a seamless, multi-channel experience for Vivo’s quad-play customers across wireline, including fiber, wireless, Internet, and TV, including IPTV.…
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👤Leslie Bailey
🕔January 28, 2015
CONMED Corporation (Nasdaq:CNMD) sees revenue growth accelerating in 2H15. CONMED has outlined certain changes in the structure of its commercial organization that management believes will return the company to sales growth in 2015. The company anticipates constant currency sales growth of 1% to 3% for the full year, which will be driven by new product launches and a reorganization of certain aspects of the commercial sales organization in early 2015.…
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👤Leslie Bailey
🕔January 28, 2015
Farmers National Banc Corp. (Nasdaq:FMNB), National Bancshares to merge. Farmers National Banc Corp. (FMNB), the holding company for The Farmers National Bank of Canfield, and National Bancshares (NBOH), the holding company for First National Bank of Orrville, announced they have entered into an agreement and plan of merger.…
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👤Leslie Bailey
🕔January 26, 2015
Keurig has negative read-through from Starbucks Corporation (Nasdaq:SBUX) K-cup data, says Detwiler Fenton. Detwiler Fenton said Starbucks’ (SBUX) report of December shipment growth of 20% for its K-Cups, while exceptional for a grocery category, came with Kroger (KR) and Safeway sharply discounting and still came in slightly slower than the 26% growth rate the company mentioned during its last conference call.…
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👤Leslie Bailey
🕔January 26, 2015
Valero Energy Corporation (NYSE:VLO) increases quarterly dividend by 45%. The board of Valero Energy Corporation has approved an increase in the company’s regular quarterly cash dividend on common stock to 40c per share from 27.5c per share, effective with the quarterly dividend the board has declared to be payable on March 3 to holders of record at the close of business on February 11.…
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👤Leslie Bailey
🕔January 23, 2015
Summit Midstream Partners, LP (NYSE:SMLP) raises Q4 distribution 3.7% to 56c per unit. Summit Midstream Partners announced that the board of its general partner, Summit Midstream GP, has declared a quarterly cash distribution of 56c per unit on all of its outstanding common and subordinated units, or $2.24 per unit on an annualized basis, for the quarter ended December 31, 2014.…
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👤Leslie Bailey
🕔January 23, 2015
Protective Life Corporation (NYSE:PL) takeover by Dai-ichi Life Insurance gets regulatory approval.The Dai-ichi Life Insurance Company and Protective Life Corporation announced that Dai-ichi has received all necessary approvals from regulatory authorities in the U.S. and Japan for the previously announced proposed acquisition of all of the outstanding shares of common stock of Protective Life Corporation pursuant to the Agreement and Plan of Merger entered into on June 3, 2014.…
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👤Leslie Bailey
🕔January 23, 2015
J. Crew CEO Mickey Drexler to retire from Apple Inc. (Nasdaq:AAPL) board. On January 16, Millard “Mickey” Drexler, who has served on Apple’s board since 1999, notified the board of his intention to retire at the end of his current term, which will expire at the annual meeting.…
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👤Leslie Bailey
🕔January 23, 2015
Semiconductor equipment stocks weaker after KLA-Tencor Corporation (Nasdaq:KLAC) guidance. Shares of semiconductor equipment stocks are weaker in after-hours trading after KLA-Tencor (KLAC), which designs, manufactures, and markets process control and yield management solutions, issued third quarter guidance that was below consensus estimates.…
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👤Leslie Bailey
🕔January 21, 2015
CA Technologies, Inc. (Nasdaq:CA) sees FY15 EPS $2.45-2.52, consensus $2.44. Sees FY15 revenue $4.26B-$4.3B, consensus $4.31B. Total revenue to decrease in a range of minus 2% to minus 1% in constant currency, unchanged from previous guidance. Non-GAAP diluted earnings per share from continuing operations to be in the range of minus 17% to minus 14% in constant currency.…
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![Summit Midstream Partners, LP (NYSE:SMLP) [Trend Analysis] raises Q4 distribution 3.7% to 56c per unit; Education EdR (NYSE:EDR), Phibro Animal Health Corporation (Nasdaq:PAHC)](http://www.marketsdaily.com/wp-content/uploads/2015/01/Summit-Modstream-210x140.jpg)
