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Southwest Gas Q2 Results Top Estimates
(RTTNews) - Southwest Gas Holdings, Inc. (SWX) reported Wednesday net income for the second quarter of $28.88 million or $0.40 per share, compared to a net loss of $6.58 million or $0.10 per share in the prior-year quarter. Excluding items, adjusted earnings per share were $0.47 per share, compared to $0.23 per share last year.
Consolidated operating revenues for the quarter grew to $1.29 billion from $1.15 billion in the same quarter last year.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $0.20 per share on revenues of $1.12 billion for the quarter. Analysts' estimates typically exclude special items.
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Southwest Gas Q4 Results Top Estimates
Southwest Gas Holdings, Inc. (SWX) reported Wednesday net income for the fourth quarter of $72.87 million or $1.01 per share, compared to a net loss of $280.58 million or $4.18 per share in the prior-year quarter.
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Southwest Gas Prices Of 3.58 Mln Share Underwritten Public Offering At $60.12/share
Southwest Gas Holdings, Inc. (SWX) announced Wednesday that it has priced an underwritten public offering of 3.58 million shares of its common stock at a public offering price of $60.12 per share, for net proceeds, after the underwriting discount and before the estimated expenses of the offering payable by the Company, of approximately $207.7 million.
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Williams To Acquire MountainWest Pipelines From Southwest Gas In $1.5 Bln Deal
Williams Cos. (WMB) announced Thursday that it has reached an agreement to acquire MountainWest Pipelines Holding Co. from Southwest Gas Holdings, Inc. (SWX), in a transaction including $1.07 billion of cash and $0.43 billion of assumed debt, for an enterprise value of $1.5 billion.
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Sensex, Nifty Set To Rally As Trade, Geopolitical Tensions Ease
Indian shares look set to open sharply higher on Monday as investors react to easing Indo-Pak tensions and positive indications coming from China-U.S. trade talks.
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Japanese Market Modestly Higher
The Japanese stock market is trading modestly higher on Monday, extending the gains in the previous two sessions, following the mixed cues from Wall Street on Friday, with the Nikkei 225 moving above the 37,600 level, with gains in index heavyweights, technology and financial stocks.
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Australian Market Notably Higher
The Australian stock market is notably higher on Monday, extending the gains in the previous three sessions, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to near the 8,300.00 level, with gains across most sectors led by iron ore miners and energy stocks.
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il y a 1h 39min
Hong Kong Shares Due For Consolidation
The Hong Kong stock market has tracked higher in seven straight sessions, soaring more than 900 points or 4.1 percent along the way. The Hang Seng Index now sits just above the 22,865-point plateau although investors figure to lock in gains on Monday.
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Lower Open Likely For China Stock Market
The China stock market on Friday wrote a finish to the three-day winning streak in which it had gathered more than 70 points or 2.2 percent. The Shanghai Composite Index now rests just above the 3,340-point plateau and it's expected to open to the downside again on Monday.
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