Stryker Corporation (NYSE:SYK) sees Q1 adjusted EPS $1.05-$1.10, consensus $1.17; Chemical Financial Corporation (Nasdaq:CHFC), VMware, Inc. (NYSE:VMW)

Stryker Corporation (NYSE:SYK) sees Q1 adjusted EPS $1.05-$1.10, consensus $1.17. Styrker said, if foreign currency exchange rates hold near current levels, the company expects sales in the first quarter and full year of 2015 to be negatively impacted by approximately 3% to 4% and adjusted diluted net earnings per share to be negatively impacted by approximately 8c and 30c in the first quarter and the full year, respectively. SYK closed for the day at $92.33 with a change of $0.22. Trailing 12 month’s profit margin for SYK is 6.73% and for the same period, its operating margin is 14.53%.

 

Chemical Financial Corporation (Nasdaq:CHFC) reports Q4 EPS ex-items 56c, consensus 48c. The provision for loan losses was $1.5M in Q4. Net loan charge-offs were $2.8M. At December 31, 2014, Chemical's tangible equity to assets ratio and total risk-based capital ratio were 8.4% and 12.4%, respectively. The closing for CHFC was $29.04 at the day’s end. It was a change of $0.23. CHFC saw a market cap of $ 951.41M and its Trailing P/E was 14.64.

 

VMware, Inc. (NYSE:VMW) authorizes additional $1B stock buyback. VMware CFO and COO Jonathan Chadwick stated, "We are very pleased with our Q4 revenue growth of 16% on a constant currency basis and with our 2014 results, which met or exceeded our revenue and operating margin guidance for the quarter and the year. Our portfolio of new disruptive products and services is experiencing significant customer momentum and driving strong growth into 2015. We are pleased to announce an additional $1B stock buyback, which reflects the opportunity we see ahead for VMware." VMW traded in the red and closed at $80.61 for the day. The stock saw a change of $1.85(2.24%) with a volume of 2,638,727 shares. VMW has a market cap of $34.70B.