Silicon Laboratories Fiscal Q4 Beats Street View

Silicon Laboratories Fiscal Q4 Beats Street View

Silicon Laboratories, a fabless semiconductor company, reported Q4 non-GAAP earnings per share of $0.75, up from $0.63 in the year-ago quarter, and easily beating the Capital IQ forecast of $0.65. Revenues for the quarter were $182.6 million, up from $160.1 million for the same period last year, and ahead of the analyst forecast of $178.8 million. The company said it expects Q1 non-GAAP earnings per share of between $0.57 and […]

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Mallinckrodt Sells Intrathecal Therapy To Piramal Enterprises

Mallinckrodt Sells Intrathecal Therapy To Piramal Enterprises

Mallinckrodt said Monday it has agreed to sell its intrathecal therapy business to privately held Piramal Enterprises Limited’s subsidiary in the UK approximately $203 million. Intrathecal therapy refers to drugs injected into the spinal canal. Mallinckrodt said its intrathecal therapy business markets products for the treatment of spasticity, and the key asset is Gablofen, a product approved by the U.S. Food and Drug Administration for use to manage severe spasticity […]

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European ADRs Edge Lower

European ADRs Edge Lower

American depository receipts of European stocks were 0.2% lower at 122.99 on the Bank of New York Mellon Europe ADR Index on Friday morning. Decliners in Continental Europe were led by Swiss financial services provider Credit Suisse (CS), 3.2% lower, followed by Criteo (CRTO), a French technology company, down by 2.4% and CGG (CGG), a manufacturer of geophysical equipment, 2.3% lower. Telefonaktiebolaget (ERIC), a Sweden-based telecommunications operator, was 2.0% lower. […]

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Accenture Acquires Solid Servision

Accenture Acquires Solid Servision

Accenture, a professional services company, has acquired solid servision, a Germany-based privately owned consulting and system integration company. Accenture said the acquisition further strengthens its position in the ServiceNow partner ecosystem. solid servision is now part of Accenture’s global ServiceNow practice, adding 100 professionals with more than 130 ServiceNow certifications to Accenture. The acquisition of solid servision follows the acquisition of Nashco, which operates in the Canadian ServiceNow market, in […]

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Pacific Premier Bancorp Jumps to Record High

Pacific Premier Bancorp Jumps to Record High

Pacific Premier Bancorp rose to a record high in Tuesday’s afternoon trading after the Southern California-based community bank reported Q4 earnings and revenues slightly above Street views. Shares were up 8.7% and earlier hit $39.30 – an all-time high. The bank reported Q4 EPS of $0.43, above the $0.41 Street view as compiled by Capital IQ, and also above the $0.37 reported a year earlier, Pacific Premier reported Q4 combined […]

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