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Retailer JoS. A. Bank Clothiers Inc. (NASDAQ: JOSB) today reported better-than-expected second-quarter earnings, driven by soaring direct marketing plans. JOSB also announced plans to open new stores, sending the company’s shares sharply higher in trading today.
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Shares of Yelp Inc. (NYSE: YELP), a San Francisco, California-based company connecting people with local businesses, surged in trading today.
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Watchmaker Movado Group Inc.’s (NYSE:MOV) shares climbed more than 17% on Tuesday after the company reported better-than-expected second-quarter profit while raising its earnings outlook for the full-year, thanks to healthier gross margins and sustained demand for its both namesake and other licensed brands.
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Shares of Lexmark International Inc. (NYSE: LXK), a developer, manufacturer and supplier of printing, imaging, document workflow and content management solutions for the office, saw a huge rally in trading today.
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With an aim to expand its reach in online software application segment, tech giant, International Business Machines Corp. (NYSE: IBM) has announced plans to acquire its smaller rival Kenexa Corp. (NYSE: KNXA) in an all cash deal estimated at $1.3 billion, representing a 42% premium over Friday’s closing price of Kenexa’s stock.
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Shares of AOL Inc. (NYSE: AOL), a global Web services company, are gaining in trading today after the company announced a $600 million buyback of stock and a special cash dividend of $5.15 per share.
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Shares of network equipment maker Aruba Networks Inc. (NASDAQ: ARUN) climbed by almost 15 % on Friday following the release of fiscal fourth-quarter results which saw both revenue and adjusted earnings beating Street analysts’ estimation.
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Shares of Aruba Networks Inc. (NASDAQ: ARUN), a communications services company connecting local and remote users to corporate information technology resources via distributed enterprise networks, surged in trading today.
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Manufacturer and distributor of natural and organic products, Hain Celestial Group Inc (NASDAQ: HAIN) reported that its fiscal fourth-quarter earnings soared 82% thanks to increasing sales of its products, including some highly profitable acquisitions.
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General Growth Properties Inc. (NYSE: GGP) shares surged on Thursday after Pershing Square Capital Management’s Bill Ackman urged the company to consider a sale. Ackman’s Pershing Square owns approximately 10.2% of GGP.
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