ServiceMaster Global Reaffirms FY16 Guidance

ServiceMaster Global Reaffirms FY16 Guidance

ServiceMaster Global Holdings reaffirmed pre-market Wednesday its FY16 revenue and adjusted EBITDA outlook and named Anthony DiLucente as its new CFO. The provider of pest control and other home services said it continues to expect FY16 sales of $2.74 billion to $2.75 billion with adjusted EBITDA of $665 million to $675 million. Analysts polled by Capital IQ are expecting full-year revenues of $2.75 billion. The company said DiLucente will succeed […]

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Popeyes Boosts Q4 Comp Store Sales Growth Guidance

Popeyes Boosts Q4 Comp Store Sales Growth Guidance

Popeyes Louisiana Kitchen rose 5% in Wednesday’s afternoon trade after the quick-service restaurant operator raised its full year 2016 comparable store sales outlook and provided updated guidance for fiscal 2016 earnings in line with analysts’ estimates. The company said that it expects to report FY16 comparable sales growth 2.8% versus 1.7% that it had initially announced late Tuesday. The prior growth guidance was 1% to 2%. It now sees full-year […]

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Renren Reports Q3 Loss Narrows From Year Ago; Sales More Than Double

Renren Reports Q3 Loss Narrows From Year Ago; Sales More Than Double

Renren shares declined 1.2% intraday after the company reported late Thursday a Q3 adjusted loss of $17.3 million compared with a loss of $68.3 million a year ago. Sales over the three months ended Sept. 30 more than doubled to $17.9 million from $8.8 million a year ago, according to a company statement. Detailing its outlook, the company said it expects to generate revenues of $18.5 million to $20.5 million […]

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Gol Linhas Aereas Inteligentes Releases November Preliminary Air Traffic Data

Gol Linhas Aereas Inteligentes Releases November Preliminary Air Traffic Data

Gol Linhas Aereas Inteligentes S.A, Brazil’s largest air transportation and travel services group released its preliminary air traffic figures for November. Shares are more than 5% higher. The volume of departures in the total system were down 19.4%, while the number of seats recorded a 19% decline in November. In the first eleven months of 2016, these indicators fell by 17.0% and 16.7% respectively. In the domestic market, the company […]

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Ongoing Gains for Financial Help Ignite Wednesday Rally for Broader Markets

Ongoing Gains for Financial Help Ignite Wednesday Rally for Broader Markets

Another big day for financial stocks today, with the NYSE Financial Sector Index climbing more 1.4% while financial companies in the S&P 500 Index added over 1.3% in value. In company news, Square Inc. (SQ) shares rose Wednesday after the payments processing company today said it has completed its acquisition of Main Line Delivery, a service company that takes diner orders for delivery from restaurants in the Main Line area […]

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