Bookmark and Share

Celgene Corporation Director Buys 1,000 Shares (CELG)

Celgene Corporation (NASDAQ: CELG) director Ernest Mario bought 1,000 shares of CELG common stock for $123.72 per share, according to a SEC filing. Mario made a total investment of $123,725.

[...]

Bookmark and Share

OmniVision Tops Q4 Estimates, Provides Upbeat Q1 Guidance (OVTI)

Image sensor maker, OmniVision Technologies Inc. (NASDAQ: OVTI) reported better-than-expected fiscal fourth quarter results on Thursday as solid revenue growth offset contraction in margins. The Company also offered very optimistic guidance for the fiscal first quarter.

[...]

Bookmark and Share

Major Movers on May 31; PANW, GES, KKD, LGF, OVTI

Shares of Palo Alto Networks Inc. (NYSE: PANW) plunged about 9.50% by midday trade. The network security solutions provider said on Thursday that it swung into fiscal third quarter loss. Higher operating expenses and income tax provision dented the bottom line even as revenue fell short of analysts’ expectation.

[...]

Bookmark and Share

Major Movers on May 30; FB, FSLR, BIG, WFR, AVGO

Shares of Facebook Inc. (NASDAQ: FB) rallied after a pair of equity research firms raised their rating on the stock on Thursday.

[...]

Bookmark and Share

Costco Q3 Profit Rises 19% as Comparable Sales Jump 7% (COST)

Costco Wholesale Corp. (NASDAQ: COST) reported on Thursday that fiscal third quarter profit rose 19% as its top line was boosted by robust growth in comparable-store-sales.

[...]

Bookmark and Share

Major Movers on May 29; STEI, SFD, AEGR, TFM, WTSL

Shares of Stewart Enterprises Inc. (NASDAQ: STEI) rallied 33% by afternoon trade after its bigger peer Service Corporation International (NYSE: SCI) announced on Wednesday that it has agreed to buy the smaller funeral services provider in deal valued at $1.4 billion. Service Corp said that the acquisition will enable the funeral service provider to increase [...]

Bookmark and Share

Chinese Meat Producer Shuanghui to Acquire Smithfield Foods (SFD)

Shares of Smithfield Foods Inc. (NYSE: SFD) skyrocketed on Wednesday after Chinese food processing company Shuanghui International also referred to as Shineway, said that it will acquire the world’s biggest pork producer in deal estimated at about $4.7 billion. The acquisition is by far the biggest ever done by a Chinese Company in the U.S.

[...]

Bookmark and Share

Wet Seal Swings into Profit in Q1, Guidance for Q2 Upbeat (WTSL)

Shares of the Wet Seal Inc. (NASDAQ: WTSL) rallied in afterhours trading on Tuesday after the female specialty apparel and accessories maker reported that it swung into a profit in its fiscal first quarter, driven by wider margin and lower expenses.

[...]

Bookmark and Share

Major Movers on May 28; TIF, EXC, VRX, FE, TRLA, TSLA

Shares of Tiffany & Co. (NYSE: TIF) climbed about 4% by afternoon trade on Tuesday after the luxury jewelry maker reported better-than-expected fiscal first quarter results, led by strong growth in international markets. For the fiscal first quarter ended April 30, the Company reported adjusted earnings of $89 million or 70 cents a share. Sales [...]

Bookmark and Share

Valeant Pharmaceuticals to Acquire Bausch & Lomb (VRX)

Canadian drug- maker, Valeant Pharmaceuticals International Inc. (NYSE: VRX) announced on Monday that it has agreed to buy Bausch & Lomb from Warbug Pincus in an all-cash deal estimated at $8.7 billion, a move which is expected to help the company to gain traction in global ophthalmic pharmaceutical market.

[...]


-------------------------------------------------------------------------------------------------------------------------
All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.