Brookdale Senior Living Says Mark Parrell to Resign from Board

Brookdale Senior Living Says Mark Parrell to Resign from Board

Brookdale Senior Living said Wednesday that Mark J. Parrell, a member of the board since 2015, will resign effective at the close of business on July 24 to dedicate more time to other professional commitments. In a filing, the company said the resignation was not due to any disagreement with the company, the board or the management. Daniel A. Decker, Brookdale’s Executive Chairman of the Board, said, “Brookdale’s Board and […]

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Acadia Healthcare Posts Q4 EPS Beat, Misses on Revenues

Acadia Healthcare Posts Q4 EPS Beat, Misses on Revenues

Acadia Healthcare Company shares were up 4% Friday after the company reported late Thursday Q4 adjusted earnings per share (EPS) that beat analyst estimates. Non-GAAP EPS for the quarter was $0.59, the same as a year earlier. That compared with an average analyst estimate of $0.55 in a Capital IQ poll. Revenue for the quarter rose to $702.9 million from $495.3 million a year earlier. That missed the average analyst […]

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Bunge Jumps a Two Year High

Bunge Jumps a Two Year High

Bunge rose to a new two-year high in Wednesday’s afternoon trade after the company reported Q4 financial results that topped Street forecasts. Shares were up 9.9% and earlier touched $75.12 – the highest since June 2015. The agribusiness and food company reported adjusted net profit of $1.70 per share, up from $1.49 per share in the prior year period. Capital IQ provided a Street estimate of $1.57 per share. Net […]

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Wall Street Ends Stronger

Wall Street Ends Stronger

Wall Street ended in the green on Tuesday, with the Nasdaq Composite closing at a record high while declines in the energy sector kept a lid on the gains in the other indexes. The tech-heavy Nasdaq was led higher by gains in components like Autodesk (ADSK), which affirmed Q4 and full year guidance and said CEO Carl Bass is stepping down effective Feb. 8. The information technology group on the […]

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Highwoods Posts Mixed Q4 Results

Highwoods Posts Mixed Q4 Results

Highwoods Properties reported after hours Tuesday mixed Q4 results, with funds from operations meeting expectations on shy revenues. The company also issued slightly downside FFO guidance for FY17.Q4 FFO was $0.82 per share, flat from a year earlier and in line with expectations compiled by Capital IQ. Revenues rose to $167.6 million from $160.1 million but were shy of the $168.5 million average estimate. For FY17, the real estate investment […]

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