Argus

Wendys Co (NASDAQ: WEN) reported its Q2:16 results on August 10, with adjusted EPS of $0.10, up from the $0.08 a year ago and beating the consensus forecast. Argus’ John Staszak reiterated a Hold rating on the company. “Share repurchases, remodeled stores and unit expansion led to the...

The U.S. Department of Justice has brought legal action to block the merger between Humana Inc (NYSE: HUM) and Aetna Inc (NYSE: AET) on antitrust grounds. Argus’ David Toung maintains a Hold rating on Humana. DoJ Lawsuit The lawsuit by the Justice Department creates meaningful uncertainty...

Electronic Arts Inc. (NASDAQ: EA) reported weaker Q1 results, although the EPS beat the consensus and the non-GAAP revenue came in ahead of the guidance. Argus’ Joseph Bonner maintained a Hold rating on the company. Q1 Results Bonner mentioned that the company “posted weaker...

Although Wal-Mart Stores, Inc. (NYSE: WMT) reported a decline in its adjusted non-GAAP EPS in Q2:17, as compared to Q2:16, the EPS came in ahead of expectations. Argus’ Christopher Graja maintains a Hold rating on the company. Q2 Results Wal-Mart Stores reported its adjusted non-GAAP EPS at $...

Argus reaffirmed its Buy rating on Lions Gate Entertainment Corp. (USA) (NYSE: LGF), despite saying that the $4.4 billion Starz acquisition carries "significant risks" for the company. The acquisition combines Lions Gate's content production and library assets with Starz's premium cable...

Argus maintains its Hold rating on Aecom (NYSE: ACM) as it waits for stronger cash flow. But, the brokerage is bullish on the stock over the long term, as it sees growth catalysts in the form of rapid urbanization in emerging markets, aging infrastructure in developed countries and increasing...

Argus maintains its Buy rating on Quintiles Transnational Holdings Inc (NYSE: Q) shares. The brokerage also lifted its price target from $75 to $85. The move comes after the company delivered better-than-estimated second-quarter results and an increased outlook on July 27. Analysts Jacob Kilstein...

Parker-Hannifin Corp (NYSE: PH) beat earnings per share and sales estimates at the beginning of August, sending shares upward for over a week. Argus' Take Argus' John Eade applauded Parker-Hannifin's Q4 results and share performance, but remains cautious on management's forecasts for 2017, as...

While traditionally Brinker International, Inc. (NYSE: EAT) has achieved earnings growth on the back of above-peer-average growth in SSS, its comps in recent quarters have become weaker, Argus’s John Staszak said in a report. He maintained a Hold rating on the company, commenting that...