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The Cooper Companies Inc. (NYSE: COO) reported late on Thursday that fiscal third quarter income soared 37% as the bottom line was boosted by fatter margins and improved sales. Shares gained about 2.50% in extended trading hours as adjusted earnings edged past Street’s estimate. However, revenue missed expectation.
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Shares of Ascena Retail Group Inc. (NASDAQ: ASNA) slumped about 10.30% by afternoon trade. The specialty retailer missed analysts’ estimates for the fiscal third quarter. Ascena Retail said on Wednesday that it earned (non-GAAP income) 26 cents a share compared to 34 cents a share, in the year earlier quarter. Net sales jumped 46% to [...]
Networking equipment and software solutions provider, Ciena Corporation (NASDAQ: CIEN) said on Thursday that fiscal second quarter loss narrowed, aided by higher revenue and improved gross margin.
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Endo Health Solutions Inc. (NASDAQ: ENDP) said on Wednesday that it will slash its global staff by 15% and look for strategic alternatives to sale part of its business (HealthTronics), in order to focus on its core businesses.
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Shares of Mattress Firm Holding Corp. (NASDAQ: MFRM) jumped about 6.90% by afternoon trade. The bedding company, late last evening, said that fiscal first quarter profit rose, driven by a solid revenue growth and handed better-than-expected earnings as well as revenue. Mattress Firm also reaffirmed its full-year earnings and revenue outlook.
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Shares of Cyberonics Inc. (NASDAQ: CYBX) rallied on Wednesday after the medical device maker reported that fiscal fourth quarter income jumped 8.1%, driven by improved sales.
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Mattress Firm Holding Corp (NASDAQ: MFRM) reported late on Tuesday that fiscal first quarter income rose, aided by higher revenue. Both earnings and revenue edged past analysts’ consensus estimate.
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Shares of ABM Industries Inc. (NYSE: ABM) jumped about 4% by afternoon trade after the integrated building security solutions provider reported late on Monday that fiscal second quarter income climbed 65%, thanks to recent acquisitions that boosted its top-line growth. For the fiscal second quarter, ABM reported adjusted/non-GAAP earnings of $20.2 million or 36 cents [...]
Salesforce.com Inc. (NYSE: CRM) announced on Tuesday that it has agreed to purchase marketing software maker ExactTarget Inc. (NYSE: ET) in a cash deal valued at $2.5 billion.
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Shares of Clovis Oncology Inc. (NASDAQ: CLVS) catapulted about 120% by afternoon trade. The biopharmaceutical Company reported on Monday that its early stage clinical trials on a lung cancer treatment showed contraction in the size of tumor. The experimental treatment, dubbed as CO-1686, targets to cure non-small lung cancer (NSCLC) in patients with a transmutation [...]
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