Sandstorm Gold Reports Record Gold Production in Q4 & FY16

Sandstorm Gold Reports Record Gold Production in Q4 & FY16

Sandstorm Gold said pre-market Wednesday that it sold over 13,200 attributable gold equivalent ounces in Q4 and over 49,500 gold equivalent ounces in 2016. The gold streaming and royalty firm said both figures were new records for the company. It added that the attributable gold equivalent ounces were generated from 21 streams and royalties, with over 70% of the ounces coming from operations run by major and mid-tier mining companies.

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Honeywell International Shares Drop 9% Pre-Bell

Honeywell International Shares Drop 9% Pre-Bell

Honeywell International shares were lower nearly 9% in recent pre-market trade after the diversified technology and manufacturing concern said Friday it expects 2017 EPS to be between $6.85 and $7.10, mostly below the $7.09 average estimate from analysts polled by Capital IQ. “We anticipate (2017) organic sales growth of 1% to 3%, segment margin expansion of 70 to 110 basis points, and EPS growth of 6% to 10%, excluding pension […]

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Middle East Shares Mostly Ease Ahead of FOMC Meeting

Middle East Shares Mostly Ease Ahead of FOMC Meeting

MidEast stocks mostly declined as investors braced for a U.S. interest rate increase after the Federal Open Market Committee meeting on Wednesday. Investors were also keeping an eye on the upcoming Saudi Arabian state budget for 2017, expected later this month. Some speculate the 2016 deficit will be smaller than expected and oil prices will continue to stay firm after a deal among OPEC countries to cut production. However, investors […]

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John Wiley & Sons Q2 EPS Beats, Revenues Meet Views

John Wiley & Sons Q2 EPS Beats, Revenues Meet Views

John Wiley & Sons reported pre-market Wednesday fiscal Q2 adjusted EPS of $0.76 per share, down two cents from a year earlier but above expectations for $0.66 per share as compiled by Capital IQ. For Q2 ended Oct. 31, revenues fell 2% year-over-year to $425.6 million but met analysts’ expectations for $425.7 million. The publishing company also reaffirmed its FY17 guidance for flat revenue and mid single-digit decline in adjusted […]

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Johnson Controls Reports EPS 2017 Guidance of $2.60 to $2.75

Johnson Controls Reports EPS 2017 Guidance of $2.60 to $2.75

Johnson Controls, an automotive parts supplier, Monday issued 2017 earnings per share guidance of $2.60 to $2.75, straddling the $2.70 average estimate from analysts polled by Capital IQ. The guidance represents a 13% to 19% year-over-year increase, compared to the pro forma fiscal 2016 base of $2.31 per share. The company said guidance included an organic revenue growth range of 2.5% to 4.5%, and EBIT margin expansion before special items […]

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