Diversified Industries

  • 11:47 AM

    On Thursday before market opened, Wajax Corporation delivered adj. EPS of $0.75 in second quarter, which was ahead of the Street views at $0.72, but little lower than our forecast of $0.76. Our adj. EPS excludes a $0.6 million charge for branch closures in the Equipment division. Revenue of $375 million was 3% lower than

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  • 2:07 PM

    Before market opened on Thursday, Brookfield Renewable Energy Partners LP posted second quarter adj. EBITDA of $361 million versus our $373 million estimate and $358 million in second quarter of 2013. Company’s plan of growth by international acquisition continues to generate shareholder value. As EBITDA remained flat, fund from operations was increased by 7% year-over-year

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  • 6:55 PM

    By and large, Shawcor’s businesses demand continues to increase – globally for big projects and in North America for its local setup. Company reported solid second quarter results, with adjusted EBITDA of $90.4 million remained ahead of our expectations of $77 million and consensus of $82 million. Our estimates increased after success of these results,

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  • 6:02 AM

    DreamWorks Animation (DWA, Equal Weight) faces another tough day while its shares declined by more than 12% and reached to 52-Weeks low after missing second-quarter results consensus expectations. Company is likely to face shareholders class-action lawsuits on top of weak performance while reported revenue $122.3 million was far below than $138.5 million estimates. The earnings

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  • 8:48 AM

    TransAlta (TAC, Hold) plans to build a gas power station for A$570 million (which is $536 million), after winning 25 years power purchase contracts state owned utility company Horizon Power and Fortescue Metals Group. TransAlta recently posted mixed second quarter with no major surprises. The revenue of $491 million was nearly $27 million short of

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  • 8:30 AM

    Shares of NextEra Energy (NEE, Neutral) dropped by 1% after company declared earnings of $1.43 per for the second quarter, compared with $1.44 per share as consensus expectations. Management tightened its full-year 2014 EPS outlook between $5.15 and $5.35 range from $5.05 to $5.45, reducing at high-end; and reiterated its estimates of 5-7 percent EPS

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  • 8:18 AM

    Anadarko Petroleum (APC, Market Perform), one of the largest independent exploration and production companies in the world, reported 76 percent fall in second quarter earnings due to one-time costs and derivative losses irrespective of sales volumes grew at high end of quarterly guidance at 77 million boe. Revenue of $4.44 billion was $300 million ahead

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