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TransCanada expects B.C. regulatory decisions on two pipeline projects in Q2

2015-05-01 16:03:27| Energy - Topix.net

TransCanada Corp. says it expects B.C.'s oil and gas commission to decide soon on two pipeline projects that the company wants to build across the province. One of the projects is a 900-kilometre pipeline to move natural gas from the Montney gas-producing region near Fort St. John, in northeastern B.C., to a connection near a proposed liquefied natural gas terminal near Prince Rupert, B.C. The other project is a 670-kilometre pipeline to move gas from the Montney region to another proposed LNG terminal near Kitimat, B.C. TransCanada's expectations of a decision on the pipelines this quarter were included in the company's first-quarter financial report, which largely met analyst estimates.

Tags: projects decisions regulatory expects

 

After Dominating the Market in Q1, Here Are Billionaire Fang Zheng's Top Picks for Q2

2015-05-01 13:58:26| Semiconductors - Topix.net

Fang Zheng 's Keywise Capital is coming of a strong first quarter , during which the weighted average returns of its eight long positions in companies with a market cap of at least $1 billion totaled 10.2%. Zheng's equity portfolio remains relatively unchanged, save for one major move that has cut the value of his equity portfolio nearly in half, to $51.48 million heading into the second quarter from $96.17 million at the start of the year.

Tags: for top market picks

 
 

Apple Supplier NXP Semi Misses On Sales, Warns On Q2

2015-04-30 03:42:42| Semiconductors - Topix.net

NXP said it earned $1.35 a share excluding various items. That's up 38% vs. a year earlier and 5 cents above Wall Street views.

Tags: sales apple semi supplier

 

Valeant reports stronger Q1 results, issues bullish outlook for Q2 and 2015

2015-04-29 20:49:15| Biotech - Topix.net

Valeant Pharmaceuticals International Inc. has issued first quarter results that beat analyst estimates and boosted its 2015 estimates to account for about US$1 billion of additional revenue from Salix Pharmaceuticals. The Quebec-based company conducted a bidding war for Salix during the first quarter and closed the US$11.1-billion deal on April 1, which marked the beginning of its second quarter.

Tags: results issues reports outlook

 

Apple raises dividend after strong Q2

2015-04-27 22:41:00| Telecompaper Headlines

(Telecompaper) Apple reported revenues for its fiscal second quarter to March up 27 percent to USD 58 billion, beating its own guidance of USD 52-55 billion. The company said the results were fueled by record Q2 sales for the iPhone and Mac computers as well as an all-time record for the App Store. Apple's net profit jumped to USD 13.6 billion or USD 2.33 per diluted share from USD 10.2 billion or USD 1.66 per share in the year-ago quarter. Its gross margin improved to 40.8 percent from 39.3 percent, also exceeding the company's forecast. For its fiscal third quarter, the company forecast revenues of USD 46-48 billion and a gross margin of 38.5-39.5 percent. The company also announced an increase in its capital return programme of more than 50 percent. Under the new plans, Apple plans to return a cumulative total of USD 200 billion of cash to shareholders by the end of March 2017. 

Tags: strong apple raises dividend

 

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