2 August, 2017 by The TZ Newswire Staff Comments Off on Trex Company Inc Delivers More Double-Digit Profit Growth and a Surprise Acquisition
Trex Company Inc Delivers More Double-Digit Profit Growth and a Surprise Acquisition
Leading wood-alternative decking, railing, and related accessories maker Trex Company Inc (NYSE: TREX) reported second-quarter financial results on July 31, turning in another of the same kind of quarter investors should have become accustomed to over the past few years. Revenue was up 8% to a highest-ever $157.9 million, while earnings increased 22% on a 370 basis point expansion of gross margin to 45.6%.
2 August, 2017 by The TZ Newswire Staff Comments Off on Breaches, Hacks and Scams: A Midyear Cybersecurity Scorecard
Breaches, Hacks and Scams: A Midyear Cybersecurity Scorecard
Researchers at Experian provide a scorecard on their predictions for cybersecurity breaches in 2017. So far, they’re doing pretty well.
2 August, 2017 by The TZ Newswire Staff Comments Off on Why SunPower Corp.’s Shares Plunged 21% Today
Why SunPower Corp.’s Shares Plunged 21% Today
Shares of solar manufacturer SunPower Corp. (NASDAQ: SPWR) fellen as much as 20.8% in trading Wednesday morning after the company reporting second quarter earnings. At 11:55 a.m. EDT shares were trading at their low for the day, and didn’t look they’d be recovering much anytime soon.
2 August, 2017 by The TZ Newswire Staff Comments Off on Dominion Energy Inc. Generates a Higher-End Quarter
Dominion Energy Inc. Generates a Higher-End Quarter
Dominion Energy (NYSE: D) delivered steady second-quarter results. While operating earnings were a bit below what it generated last year, that was due to some minor items that the company baked into its guidance. Overall, the company remains on pace to meet its full-year guidance while also continuing to make progress on its major growth initiatives, which should power results over the next few years.
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Q2 2017
2 August, 2017 by The TZ Newswire Staff Comments Off on Why Coherent Shares Got Crushed Today
Why Coherent Shares Got Crushed Today
Shares of Coherent, Inc. (NASDAQ: COHR) are getting crushed today, down by 23% as of 12:15 p.m. EDT, after the company reported fiscal third-quarter earnings.
The company, which specializes in lasers and laser technologies, generated revenue of $464.1 million in the third quarter, which translated into non-GAAP net income of $83.4 million, or $3.36 per share. On a GAAP basis, the company posted net income of $61.1 million, or $2.46 per share.
Image source: Getty Images.
2 August, 2017 by The TZ Newswire Staff Comments Off on A Look at NYSE Margin Debt and the Market
A Look at NYSE Margin Debt and the Market
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The New York Stock Exchange publishes end-of-month data for margin debt on the NYX data website, where we can also find historical data back to 1959.
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2 August, 2017 by The TZ Newswire Staff Comments Off on Here’s Why Spark Therapeutics Inc. Is Soaring Today
Here’s Why Spark Therapeutics Inc. Is Soaring Today
After reporting second-quarter results that contained upbeat clinical news, Spark Therapeutics (NASDAQ: ONCE), a clinical-stage company focused on gene therapy, rose 18% as of 12:30 p.m. EDT on Wednesday.
Here’s a review of the key highlights from the quarter that have traders feeling giddy today: