Facebook Inc. (NASDAQ: FB) leaped 6.59% on Friday after the social networking giant announced that it has added a new feature which would allow its users to send gifts to their friends. With gift giving season around the corner, FB’s latest feature could not have come at a better time. Facebook’s new feature has been built by software developer Karma, which was acquired by FB in May.
Allscripts Healthcare Solutions Inc. (NASDAQ: MDRX) jumped 14.15% on Friday after a televised report on Bloomberg late revealed that electronic records firm is considering selling its business. Share closed at $12.42 and 52 week trading range is $8.84-$21.66.
Globus Medical Inc. (NYSE: GMED) climbed 7% on Friday. The company disclosed on Friday that the Food and Drug Administration (FDA) has permitted Premarket Approval (PMA) for the SECURE-C Cervical Artificial Disc after a clinical data from a 380 patient investigational device exemption (IDE) study showed that SECURE-C is statistically advanced to frontal cervical discectomy and fusion (ACDF) in terms of overall success in the treatment, succeeding surgery at the index level, device-related unforeseen and unfavorable events, and patients.
Accenture Plc (NYSE: ACN) soared 7.11 % on Friday after the company reported late on Thursday better-than-expected bookings in the fiscal fourth quarter even as guidance for the upcoming fiscal bettered analysts’ expectations. Commenting over results and outlook on next fiscal, JP Morgan analysts said quarter can be considered as “solid” and “very strong bookings…should keep the stock in positive territory today, a victory in our view given high expectations going into results.”
ADTRAN Inc. (NASDAQ: ADTN) slumped 9.79 % after the company downwardly revised its guidance for fiscal third quarter. The company now anticipates revenue to come around $162 million. EPS on GAAP basis is expected to come within the range of 14-15 cents while EPS on NON-GAAP basis is expected to come in the range of 18-19 cents. ADTN closed at $17.28 and 52 week trading range is $17.11-$38.95. ADTRAN Inc, designs, manufactures and markets solutions and provides services and support for communications networks.
Apple Inc. (NASDAQ: AAPL) slumped 2.09% on Friday after the Chief Executive, Tim Cook, for the first publicly issued an apology over inferior quality of new mobile mapping application. Mr. Cook acknowledged that fact that company has been severely criticized due to poor quality of its software. Users are annoyed by mapping application’s misplaced location markers and weird satellite images. Ever since Apple launched this application, some 100 million new and existing Apple users adopted iOS6 which substitutes Google’s Maps with Apple’s Maps.
Capital Trust Inc. (NYSE: CT) skyrocketed 20.45% amid high volume trading after Blackstone Group LP announced that it will be acquiring Capital Trust Inc. Blackstone will take hold of the management of CT Investment Management Co LLC and Capital Trust’s co-investment in the fund for $20 million. Blackstone will also invest another $10 million for the equity stake in the company, which Blackstone will manage itself.
Global Payments Inc. (NYSE: GPN) slumped 4.50% after the company reported 27% plunge in fiscal first quarter earnings as it continued to suffer from remediation charges associated to a security breach which occurred earlier this year.