Services

  • 3:50 PM

    After the market closed on Tuesday, Wajax Corporation (WJX: CN) posted a first quarter earnings miss, which was led largely by poorer margins in the Equipment division. We observed that parts and service could not immune to headwinds. Wajax Corporation (“Wajax” or the “Corporation”) announced its 2015 first quarter results as follow. First Quarter Highlights Consolidated

    Read more
  • 10:59 PM

    Brookfield Infrastructure Partners (BIP) posted funds from operations (fund from operations) of $186 million ($0.89per unit), to some extent lower than our $190 million ($0.90per unit) forecast. Brookfield Infrastructure generated funds from operations (“FFO”) totalling $186 million ($0.89 per unit) for the quarter. Results year over year were unchanged as contribution from new investments, in

    Read more
  • 6:11 AM

    On Friday, before market opened, Absolute Software Corporation (ABT: CN) declared plans to divest its non-core enterprise mobility management and IT service management products and provided an update to its FY 2015 outlook. Absolute® Software Corporation (TSX: ABT), the industry standard for persistent endpoint security and management solutions for desktops, laptops, tablets and smartphones, today announced

    Read more
  • 8:35 PM

    Keyera Corp. (KEY: CN) delivered first quarter adj. EBITDA of $185 million versus our $155 million forecast and $108 million in first quarter of 2014. Just as the fourth quarter of 2014 EBITDA was under-stated, this first quarter EBITDA is partially inflated. We noticed on fourth quarter that the “miss” ($128 million versus our forecast

    Read more
  • 9:16 PM

    After market closed on Thursday, America Movil (AMXL: MM) reported slightly unsatisfactory results. EPS of MXN 0.21/L was to some extent ahead of our MXN 0.20 projection in spite of a 1.4% miss on EBITDA. America Movil S.A.B. de C.V. AMX reported second-quarter 2015 earnings per ADR (American Depository Receipt) of 27 cents, well below

    Read more
  • 9:11 PM

    On Wednesday, Savanna Energy Services Corp. (SVY: CN) reported solid first quarter results. EBITDA of $29 million was 8% above our $27 million estimate ($26 million consensus). Cash fund from operations of $26 million was 7% lower than our $28 million anticipation. The significant decline in oil prices leading up to and during Q1 2015,

    Read more

HOW TO CONTACT US

2 Penn Plaza New York, NY 10121
Phone: 1-845-470-0417
Email: editor@equitiesmogul.com