Shares of Urban Outfitters Inc. (URBN) touched a new 52-week high in after-hours trading on Monday, after the company reported its first billion dollar in quarterly sales and earnings above analysts’ expectations in its financial results, fueled by positive retail segment 'comps' at all of its brands.
For its fourth quarter fiscal 2015, URBN posted record net sales of $1.01 billion, a 12% increase year over year, and net income of $80 million, or $0.60 per diluted share, exceeding the Capital IQ Consensus Estimate of $0.57 earnings per share for the period.
URBN, a lifestyle specialty retail company, is engaged in the retail and wholesale of general consumer products
More about Urban Outfitters Inc. (URBN) at www.urbanoutfittersinc.com
**
After the closing bell on Monday, Qihoo 360 Technology Co. Ltd. (QIHU) delivered its sixteenth consecutive quarter of robust growth as a public company, with better-than-expected revenue and profit numbers in its financial results
For the fourth quarter 2014, QIHU posted revenues of $431.2 million, a 94.6% increase year over year, and non-GAAP net income of $109.4 million, or $0.75 per diluted American Depositary Share (ADS), compared to non-GAAP net income of $96.3 million, or $0.70 per diluted ADS in the same quarter the prior year, topping the Capital IQ Consensus Estimate of $0.73 earnings per share on revenue of $416.44 million for the period
According to its business outlook for the first quarter 2015, QIHU expects revenues to be in the arnge of $375 million to $380 million, representing a year over year increase of 41% to 43%
QIHU provides Internet and mobile security products and services in China
More about Qihoo 360 Technology Co. Ltd. (QIHU) at www.360.cn
**
The price of Qualcomm Inc (QCOM) stock surged in extended-hours trading on Monday, following the announcement that its Board of Directors has approved a major increase in the company's capital return program to deliver value for stockholders.
QCOM said that its business continues to generate substantial operating cash flow, and this announcement represents an important step in returning that cash to its owners while still preserving the strategic flexibility needed to drive stockholder value through growth.
QCOM's Board has authorized up to $15 billion in share buybacks and a 14% increase in the company's quarterly cash dividend.
The new share repurchase program replaces the previous one, which had a $2.1 billion authorization remaining, while the cash dividend will increase from $0.42 to $0.48 per share of common stock and will be effective for quarterly dividends payable after March 25, 2015.
QCOM is a world leader in 3G, 4G and next-generation wireless technologies.
More about Qualcomm Inc (QCOM) at www.qualcomm.com
**
Crown Equity Holdings Inc. (CRWE) is currently developing its CRWE Network ( www.CRWE-PR.com ), a growing network of community targeted sites.
It has recently included the City of Santa Barbara, CA ( www.santabarbara.crwe-pr.com ) into the CRWE Network.
Santa Barbara is the largest city and the seat of Santa Barbara County, California, located along the Pacific Coast about 85 miles northwest of Los Angeles. It is host to a myriad of diverse businesses. Santa Barbara's tourist attractions have made the hospitality industry into a major player in the regional economy.
The City of Santa Barbara had an estimated population in 2013 (U.S. Census Bureau) of 90,412, and represents an important marketplace for the CRWE Network, which business model is based on selling advertising to businesses targeting both locally and nationally
The CRWE Network has reached the 1487th community website in the U.S. and includes coverage in the states of California, Mississippi, Michigan, Florida, Nevada and New York, as well as across 10 provinces in Canada.
The company’s CRWE Real Estate ( www.CRWERealEstate.com ) is expected to be integrated in all the CRWE Network. It will allow people to submit their listings for exposure to visitors searching for homes.
CRWE provides marketing solutions that boost customer awareness and merchant visibility on the Internet.
More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com
**
Disclaimer: CRWE-PR Finance is not a registered investment adviser. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Investors should always conduct their own due diligence with any potential investment, with independent research and other professional advice. Read Full Disclaimer at CRWE-PR Finance www.finance.crwe-pr.com/disclaimer
For its fourth quarter fiscal 2015, URBN posted record net sales of $1.01 billion, a 12% increase year over year, and net income of $80 million, or $0.60 per diluted share, exceeding the Capital IQ Consensus Estimate of $0.57 earnings per share for the period.
URBN, a lifestyle specialty retail company, is engaged in the retail and wholesale of general consumer products
More about Urban Outfitters Inc. (URBN) at www.urbanoutfittersinc.com
**
After the closing bell on Monday, Qihoo 360 Technology Co. Ltd. (QIHU) delivered its sixteenth consecutive quarter of robust growth as a public company, with better-than-expected revenue and profit numbers in its financial results
For the fourth quarter 2014, QIHU posted revenues of $431.2 million, a 94.6% increase year over year, and non-GAAP net income of $109.4 million, or $0.75 per diluted American Depositary Share (ADS), compared to non-GAAP net income of $96.3 million, or $0.70 per diluted ADS in the same quarter the prior year, topping the Capital IQ Consensus Estimate of $0.73 earnings per share on revenue of $416.44 million for the period
According to its business outlook for the first quarter 2015, QIHU expects revenues to be in the arnge of $375 million to $380 million, representing a year over year increase of 41% to 43%
QIHU provides Internet and mobile security products and services in China
More about Qihoo 360 Technology Co. Ltd. (QIHU) at www.360.cn
**
The price of Qualcomm Inc (QCOM) stock surged in extended-hours trading on Monday, following the announcement that its Board of Directors has approved a major increase in the company's capital return program to deliver value for stockholders.
QCOM said that its business continues to generate substantial operating cash flow, and this announcement represents an important step in returning that cash to its owners while still preserving the strategic flexibility needed to drive stockholder value through growth.
QCOM's Board has authorized up to $15 billion in share buybacks and a 14% increase in the company's quarterly cash dividend.
The new share repurchase program replaces the previous one, which had a $2.1 billion authorization remaining, while the cash dividend will increase from $0.42 to $0.48 per share of common stock and will be effective for quarterly dividends payable after March 25, 2015.
QCOM is a world leader in 3G, 4G and next-generation wireless technologies.
More about Qualcomm Inc (QCOM) at www.qualcomm.com
**
Crown Equity Holdings Inc. (CRWE) is currently developing its CRWE Network ( www.CRWE-PR.com ), a growing network of community targeted sites.
It has recently included the City of Santa Barbara, CA ( www.santabarbara.crwe-pr.com ) into the CRWE Network.
Santa Barbara is the largest city and the seat of Santa Barbara County, California, located along the Pacific Coast about 85 miles northwest of Los Angeles. It is host to a myriad of diverse businesses. Santa Barbara's tourist attractions have made the hospitality industry into a major player in the regional economy.
The City of Santa Barbara had an estimated population in 2013 (U.S. Census Bureau) of 90,412, and represents an important marketplace for the CRWE Network, which business model is based on selling advertising to businesses targeting both locally and nationally
The CRWE Network has reached the 1487th community website in the U.S. and includes coverage in the states of California, Mississippi, Michigan, Florida, Nevada and New York, as well as across 10 provinces in Canada.
The company’s CRWE Real Estate ( www.CRWERealEstate.com ) is expected to be integrated in all the CRWE Network. It will allow people to submit their listings for exposure to visitors searching for homes.
CRWE provides marketing solutions that boost customer awareness and merchant visibility on the Internet.
More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com
**
Disclaimer: CRWE-PR Finance is not a registered investment adviser. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Investors should always conduct their own due diligence with any potential investment, with independent research and other professional advice. Read Full Disclaimer at CRWE-PR Finance www.finance.crwe-pr.com/disclaimer
