Tag Archives: bad-request

Allergan Q2 Beats, But Generics Sale Clouds Outlook

Drug giant and IBD 50 stock Allergan (AGN) modestly beat analysts’ Q2 consensus Thursday, but it put off guidance for another month as it sorts through the impact of recent M&A. Allergan’s earnings, excluding one-time items, rose 29% from the year-earlier quarter to $4.41 a share, beating analysts’ consensus by 3 cents, according to Thomson Reuters. Revenue jumped 116% to $5.76 billion, or $5.73 billion excluding divested Western European assets,

Netflix Rival Hulu’s Partners Not Seen Selling To Fox

Murdoch-controlled 21st Century Fox might be interested in buying full control of video streamer Hulu, a Netflix (NFLX) rival, but it’s unlikely its two partners would sell, says Stifel Nicolaus Research. Walt Disney and Comcast (CMCSA) are the two other owners of Hulu, which has been making more content investments to spur subscriber growth. On-demand video leader Netflix, though, is much bigger and is expanding internationally. Many companies

JD.com Earnings Will Gauge Internet Strength In China

China’s largest online direct sales company, JD.com (JD), is scheduled to report second-quarter earnings before the market open Friday. JD is expected to report revenue of $7.15 billion, or 44.4 billion Chinese yuan, up 55% in local currency from 28.6 billion yuan in the year-earlier quarter. The consensus among analysts polled by Thomson Reuters is that the company will lose 2 cents per share, minus items, vs. a break-even quarter in Q2 2014. JD