Kindred Healthcare (KND) Names Kent H. Wallace as COO Jan 26, 2015 05:34PM

Kindred Healthcare, Inc. (NYSE: KND) today announced that it has named Kent H. Wallace Executive Vice President and Chief Operating Officer, effective February 2, 2015. Mr. Wallace will be a member of the Company’s Executive Committee.

Mr. Wallace will report to Benjamin A. Breier, President and Chief Operating Officer. Kindred previously announced that Mr. Breier will become Chief Executive Officer on March 31, 2015, succeeding Paul J. Diaz, who will become Executive... (continue reading...)

Coach (COH) Delays Q2 Release; Cites Impact from Winter Storm Juno Jan 26, 2015 05:27PM

Coach (NYSE: COH) announced that, in order to ensure the safety of its employees impacted by weather and transit conditions as a result of Winter Storm Juno, it has rescheduled the release of its Second Quarter Fiscal Year 2015 results to approximately 7:00 A.M. ET on Thursday, January 29, 2015. The Company was originally scheduled to report tomorrow, Tuesday, January 27, 2015.

Following the release, the Company will host a conference call to review second fiscal quarter... (continue reading...)

Hess Corp. (HES) Sees 16% Lower CapEx in FY15 Jan 26, 2015 05:19PM

Hess Corp. (NYSE: HES) announced a 2015 capital and exploratory budget of $4.7 billion, a 16 percent reduction from its 2014 actual spend of $5.6 billion.

Of this, $2.1 billion (45 percent) is budgeted for unconventional shale resources, $1.2 billion (26 percent) for production, $1.0 billion (21 percent) for developments and $0.4 billion (8 percent) for exploration.

CEO John Hess said: “Our company is well positioned to manage through the current price environment, with... (continue reading...)

Herbalife (HLF) Will Report Q4 Results on Feb. 26th; Street Sees Lower EPS, Revs Jan 26, 2015 05:10PM

Herbalife (NYSE: HLF) will release its fourth quarter and full year 2014 financial results after the close of trading on the NYSE on Thursday, February 26, 2015. The same day, at 5:30 p.m. ET, Herbalife's senior management team will host an investor conference call to discuss its recent financial results and provide an update on current business trends.

*** The Street is looking for Q4 EPS of $1.25 with revenue of $1.17 billion, versus EPS of $1.29 and revs of $1.27... (continue reading...)

Ramco-Gershenson (RPT) Issues FY15 FFO Outlook Jan 26, 2015 04:59PM

Ramco-Gershenson (NYSE: RPT) announced full-year 2015 Funds From Operations ("FFO") guidance as well as provided an update to 2014.

Full-Year 2015 Guidance:Operating Funds From Operations ("Operating FFO") per diluted share$1.27 - $1.33FFO per diluted share$1.27 - $1.33Core portfolio leased occupancy95.5% - 96.5%

*** The Street sees FY15 FFO at $1.30.

The Company's guidance for 2015 is based upon the following plans and assumptions:

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