Online retail giant Amazon.com, Inc. (NASDAQ: AMZN) will report its third quarter financial results on�Oct.24�and hold a conference call on the same day at�2:00 p.m. PT/5:00 p.m. ET�to discuss the operating performance.
Wall Street expects Amazon to report a loss of 9 cents a share, according to analysts polled by Thomson Reuters. In the same period last year, the company reported a loss of 60 cents a share.
Amazon's results have managed to top Street view only once in the past four quarters while missing them by a wide margin on three occasions. Analysts are more pessimistic on Amazon's earnings in the last three months, when the consensus estimate was a profit of 10 cents.
Quarterly revenue is expected to rise 21.4 percent to $16.77 billion from $13.81 billion in the same quarter last year. Amazon sees third quarter net sales between $15.45 billion and $17.15 billion, or to grow between 12 and 24 percent over the third quarter of 2012. The market could look at the contributions of North America and International markets.
Hot Clean Energy Stocks To Own For 2015: XOMA Ltd.(XOMA)
XOMA Ltd., a biopharmaceutical company, engages in the discovery, development, and manufacture of therapeutic antibodies to treat autoimmune, infectious, inflammatory, and oncological diseases. Its products under development include gevokizumab, an anti-inflammatory monoclonal antibody that inhibits interleukin-1 beta and has completed Phase 2 development stage for the treatment of Behcet?s uveitis, as well as is in Phase 2b clinical trail for Type 2 diabetes with cardiovascular biomarkers; XOMA 3AB, a biodefense anti-botulism product candidate comprising a combination or cocktail of antibodies for the treatment of botulism poisoning; and preclinical antibody discovery programs in various indications, including autoimmune, cardio-metabolic, inflammatory, and oncological diseases. The company, through its collaboration agreement with Novartis AG, is also developing HCD122, a human anti-CD40 antagonist antibody that is in Phase 1/2 clinical trial for the treatment of B-cell mediated diseases, including malignancies and autoimmune diseases; and LFA102, which is in Phase 2 clinical trial for the treatment of hematologic tumors and other undisclosed diseases. In addition, it licenses proprietary technologies relating to bacterial expression of recombinant pharmaceutical products to biotechnology and pharmaceutical companies. The company has collaboration agreements with Les Laboratoires Servier; National Institute of Allergy and Infectious Diseases; SRI International; Takeda Pharmaceutical Company Limited; Novartis AG; Arana Therapeutics Limited; Kaketsuken; Genentech, Inc.; and UCB Celltech. XOMA Ltd. was founded in 1981 and is headquartered in Berkeley, California.
Advisors' Opinion:- [By John Kell and Lauren Pollock var popups = dojo.query(".socialByline .popC"); ]
XOMA Corp.(XOMA) said it swung to a loss in the fourth quarter, as an increase in operating expenses offset revenue gains. The drug developer’s losses were wider than expected by the market, sending shares down 20% to $7.54 premarket.
- [By Jake L'Ecuyer]
Equities Trading DOWN
Shares of XOMA (NASDAQ: XOMA) were down 27.54 percent to $6.84 after the company reported Q4 results and provided anupdate on its gevokizumab development program. Credit Suisse downgraded the stock from Outperform to Neutral. - [By Ben Fox Rubin]
Xoma Corp.(XOMA) announced it plans to sell shares of its common stock, though it didn’t say how many. The drug developer recently had about 93.1 million shares outstanding, according to FactSet. Shares fell 8.3% to $5.19 premarket.
Top Stocks For 2014: NCI Inc.(NCIT)
NCI, Inc. provides information technology (IT) and professional services and solutions to the United States Federal Government defense, intelligence, and civilian agencies. It offers enterprise systems management services, including infrastructure operations and management; outsourcing and managed; infrastructure consolidation and modernization; public/private cloud computing; planning and disaster recovery; virtual desktop infrastructure; application and network management; network design, implementation, and migration; network monitoring and performance evaluation; multi-site environments; and data center modernization and consolidation. The company also provides network engineering services comprising architecture development and design; protocol and topology optimization; disaster response planning and recovery; installation, test, and evaluation; network configuration and compliance audit; network security evaluation; protocol and topology optimization; reliability an d contingency assessment; requirements analysis; redundant routing/switching solutions; and enterprise vulnerability management. In addition, it offers cybersecurity and information assurance services consisting of intrusion detection/prevention system development; public key infrastructure implementation; certification and accreditation; computer forensics and ediscovery; policy and procedures development; threat assessment and mitigation; products evaluation and integration; security test and evaluation; cybersecurity fusion centers; and risk management and continuous monitoring. Further, the company provides software development and systems engineering services; program management and lifecycle support services; professional engineering, logistics, and support services; health IT and informatics services; and modeling, simulation, and training services. NCI, Inc. is headquartered in Reston, Virginia.
Advisors' Opinion:- [By CRWE]
NCI, Inc. (NASDAQ:NCIT) will issue its third quarter 2012 financial results after the market closes on Wednesday, October 31, 2012. Management will then discuss the results, as well as operating trends and future performance expectations, on a conference call beginning at 4:30 p.m. Eastern Time.
Top Stocks For 2014: Aussie/New Zealand (AR)
Antero Resources Corporation operates as an oil and natural gas exploration and production company. The company focuses on the acquisition, development, and production of unconventional oil and liquids-rich natural gas properties primarily in West Virginia, Ohio, and Pennsylvania. It was formerly known as Antero Resources Appalachian Corporation and changed its name to Antero Resources Corporation in June 2013. The company was founded in 2002 and is based in Denver, Colorado with district offices in Mount Clare, West Virginia; and Marietta, Ohio.
Advisors' Opinion:- [By Robert Rapier]
Supply, meanwhile, is constrained by the fact that, even at the current elevated price, few gas projects outside of the bountiful Marcellus shale can compete with the returns available in crude oil. Our favorite Marcellus drillers are Cabot Oil & Gas (COG) and Antero Resources (AR).
Top Stocks For 2014: WesBanco Inc.(WSBC)
WesBanco, Inc. operates as a holding company for WesBanco Bank, Inc. that provides various financial products and services. It engages in generating deposits and originating loans. The company?s deposit products include interest bearing demand deposits, money market accounts, savings deposits, and certificate of deposits. Its loan portfolio comprises commercial real estate loans; commercial and industrial loans; residential real estate loans that consist of loans to purchase, construct, or refinance personal residences, including one-to-four family rental properties; home equity lines of credit; and consumer loans comprising of installment loans to finance purchases of automobiles, motorcycles, boats, and other recreational vehicles, and lines of credit. The company, through its other subsidiaries, also offers property, casualty, and life insurance, as well as benefit plan sales and administration for personal and commercial clients; and discount brokerage and asset manag ement services. In addition, it provides trust services and various investment products, including mutual funds, as well as engages in leasing commercial real estate properties. As of February 26, 2010, the company operated 114 branch locations and 138 automated teller machines in West Virginia, Ohio, and Pennsylvania. The company was founded in 1968 and is headquartered in Wheeling, West Virginia.
Advisors' Opinion:- [By GURUFOCUS]
WesBanco Inc. (WSBC) operates as a holding company for WesBanco Bank Inc. that provides retail banking, corporate banking, personal and corporate trust services, and mortgage banking and insurance services. Aug. 22, the company increased its quarterly dividend 5.3% to $0.20 per share. The dividend is payable Oct. 1, 2013 to shareholders of record on Sept. 13, 2013. The yield based on the new payout is 2.6%.
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