Equifax (EFX) Tops Q4 EPS by 7c, Beats on Revenues

Go back to Equifax (EFX) Tops Q4 EPS by 7c, Beats on Revenues

Equifax (EFX) Declares $0.39 Quarterly Dividend; 1.4% Yield

March 1, 2018 5:06 PM EST

Equifax (NYSE: EFX) declared a quarterly dividend of $0.39 per share, or $1.56 annualized.

The dividend will be payable on March 30, 2018, to stockholders of record on March 12, 2018, with an ex-dividend date of March 9, 2018.

The annual yield on the dividend is 1.4 percent.

For a... More

Equifax profit beats Street view as breach costs climb

March 1, 2018 9:21 AM EST

By Jim Finkle and Aparajita Saxena

(Reuters) - Equifax Inc (NYSE: EFX) on Thursday reported quarterly results ahead of Wall Street forecasts, even as the consumer credit agency posted $26.5 million in costs related to last year's massive data breach.

The company posted quarterly per-share profit of $1.39, beating the average analyst forecast of $1.35, according to Thomson Reuters I/B/E/S. Revenue rose 5 percent from a year earlier to $838.5 million, beating the average forecast of $825.7 million.

Equifax disclosed earlier... More

Why Oppenheimer Global fund is focusing on biotech as rates rise

February 27, 2018 11:02 PM EST

By David Randall

NEW YORK (Reuters) - The recent volatility in the global stock market may make some investors feel queasy, but it is providing a buying opportunity in biotechnology stocks.

That is because biotechs will see little impact from rising interest rates because investors are more focused on the long-term potential of their drugs, said Rajeev Bhaman, portfolio manager of the $11.8 billion Oppenheimer Global fund.

Bhaman, whose fund received a 2018 U.S. Thomson Reuters Lipper Fund Award in the global large-cap growth fund category in New York on Tuesday, is focusing on companies such as Sage... More