Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Steris (NYSE: STE ) �-- a manufacturer of infection prevention, contamination control, and surgical support products for the health-care industry -- jumped as much as 10% after reporting better-than-expected fourth-quarter results.
So what: For the quarter, Steris' shareholders witnessed revenue increase by 10% to $428.2 million as EPS shrank modestly to $0.70 from $0.76 in the year-ago period. Although Steris blamed European weakness and the medical device excise tax for its weaker bottom-line results, both figures topped the $406 million in revenue and $0.65 in EPS that the Street had been expecting. The biggest boost came from the company's life sciences segment, which saw operating income grow by 14%. For the upcoming year, Steris issued guidance calling for revenue growth of 8%-10% (implying $1.62 billion to $1.65 billion) and EPS of $2.47-$2.60. Current consensus estimates are for revenue of $1.57 billion and EPS of $2.49.
Hot Life Sciences Stocks To Watch Right Now: Pentair Inc.(PNR)
Pentair, Inc. operates as a diversified industrial manufacturing company worldwide. The company?s Water segment offers products and systems for use in the movement, storage, treatment, and enjoyment of water. It offers light duty diaphragm pumps and solid handling pumps for water and wastewater applications and agricultural spraying; and pressure tanks for residential applications. This segment also provides control valves, pressure tanks, membranes, carbon products, point of entry and point of use systems, and other filter cartridges for commercial and residential water filtration applications; and pool equipment and accessories, such as pumps, filters, heaters and heat pumps, lights, automatic controls, automatic pool cleaners, commercial deck equipment, maintenance equipment, and pool accessories for commercial and residential pool maintenance, repair and renovation, and service and construction. In addition, it offers filter systems, filter cartridges, pressure vessels , and dispensing pumps for commercial, foodservice, industrial, marine and aviation markets. This segment distributes its products through wholesale distributors, retail distributors, original equipment manufacturers (OEM), home centers, and home and pool builders. The company?s Technical Products segment provides standard, modified, and custom enclosures that house and protect sensitive electronics and electrical components, as well as protect people that use them. Its products comprise metallic and composite enclosures, cabinets, cases, subracks, backplanes, and associated thermal management systems used in industrial machinery, data communications, networking, telecommunications, test and measurement, automotive, medical, security, defense, and general electronics. This segment distributes its products through electrical and data contractors, electrical and electronic components distributors, and OEMs. Pentair, Inc. was founded in 1966 and is based in Golden Valley, Minne sota.
Hot Life Sciences Stocks To Watch Right Now: Petra Foods Limited (P34.SI)
Petra Foods Limited, through its subsidiaries, manufactures and markets cocoa ingredients and consumer chocolate confectionery products. The company�s Cocoa Ingredients segment engages in the manufacture and marketing of specialty cocoa butter, liquor, and powder products for food and beverage companies under the Delfi brand. Its Branded Consumer segment manufactures and markets chocolate confectionery products under various brands, which include SilverQueen, Ceres, and Delfi. This segment also distributes food and other consumer products. The company also engages in marketing and distributing healthcare, convenience beverages, and other consumer products; and provides manpower services. It serves its customers in Indonesia, Japan, Singapore, the Philippines, Thailand, Malaysia, and China; other countries of Asia; Europe; Australia; North America; Latin America; the Middle East; and Africa. The company was founded in 1984 and is headquartered in Singapore. Petra Foods Lim ited is a subsidiary of Aerodrome International Limited.
Top 10 Japanese Companies For 2014: Summit State Bank(SSBI)
Summit State Bank operates as a community bank in Sonoma, Napa, San Francisco, and Marin Counties in California. It offers deposit accounts, such as transaction accounts, money market accounts, savings accounts, time deposit accounts, business checking accounts, time certificates of deposit, sweep accounts, and specialized deposit accounts, including professional, small business packaged, and tiered accounts for larger deposits, and Keogh and IRA accounts. The company also provides commercial and industrial lines of credit and term loans, credit lines to individuals, equipment loans, real estate and construction loans, small business loans, and business lines of credit; consumer loans, including auto loans, mortgage loans, home improvement loans, and home equity lines of credit; and loans for accounts receivable and inventory financing, loans to agriculture-related businesses, and equipment and expansion financing programs. In addition, it offers banking by appointment, on line and telephone banking services, direct payroll and social security deposits, letters of credit, access to national automated teller machine networks, courier services, safe deposit boxes, night depository facilities, notary services, travelers? checks, lockbox, and banking by mail. Further, the company, through its subsidiary, Alto Service Corporation, provides deed of trust services. It serves small-to medium-sized businesses, professionals and professional associations, entrepreneurs, high net worth families, foundations, estates, and individual consumers. The company operated five offices in Santa Rosa, Petaluma, Rohnert Park, and Healdsburg. Summit State Bank was founded in 1982 and is headquartered in Santa Rosa, California.
Hot Life Sciences Stocks To Watch Right Now: MER Telemanagement Solutions Ltd.(MTSL)
Mer Telemanagement Solutions Ltd., together with its subsidiaries, designs, develops, markets, and supports a line of telecommunication expense management (TEM), and customer care and billing solutions for business organizations and other enterprises worldwide. Its TEM solutions assist enterprises and organizations in the allocation of costs, budget control, fraud detection, processing of payments, and spending forecasting. The company also offers converged billing solutions, including applications for charging and invoicing customers, interconnect billing, and partner revenue management through pre-pay and post-pay schemes for wireless providers, voice over Internet protocol, Internet protocol television, and content service providers. Its products provide telecommunication and information technology managers with tools to reduce communication costs, recover charges payable by third parties, and to detect and prevent abuse and misuse of telephone networks comprising fault telecommunication usage. The company markets its products through its direct sales force, distributors, and business telephone switching systems manufacturers and vendors. Mer Telemanagement Solutions Ltd. was founded in 1995 and is headquartered in Raanana, Israel.
No comments:
Post a Comment