Shares of Oplink Communications Inc. (NASDAQ: OPLK), designer, manufacturer and seller of optical networking components and subsystems, rose sharply in after-hours trading on Thursday.
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Shares of Oplink Communications Inc. (NASDAQ: OPLK), designer, manufacturer and seller of optical networking components and subsystems, rose sharply in after-hours trading on Thursday. [...] Chinese Internet portal SINA Corporation (NASDAQ: SINA) reported a sharp rise in its second-quarter earnings and revenue, sending the company’s shares sharply higher in trading on Thursday. However, the company cautioned that its rapidly growing Weibo microblog service is not likely to generate significant operating profit for the year. [...] Shares of SINA Corporation (NASDAQ: SINA), an online media company serving China and the global Chinese communities, are soaring in trading today. [...] Hedge funds and major money managers on Tuesday disclosed their stock holdings at the end of the second quarter in their respective 13-F filings with the SEC. Overall, the second quarter was a tough one for investors as the euro zone debt crisis worsened and concerns over a global economic slowdown rose. The S&P 500 [...] Despite sluggish consumer spending, uncertain economy, discount retailer and general merchandiser, Target Corporation, (NYSE: TGT) reported better-than-expected fiscal second quarter results thanks to rising sales due to expansion of food sections. The company has also lifted its full-year outlook. [...] Shares of Michael Kors Holdings Ltd. (NYSE: KORS), an apparels and accessories company based in Hong Kong, saw a huge rally on Tuesday after the company reported its first-quarter financial results. [...] Fashion products maker, Michael Kors Holding Ltd. (NYSE: KORS) posted a threefold increase in its fiscal first quarter earnings, boosted by rising licensing fees and strong growth in same-store-sales seen both in the North American region and Europe. [...] Shares of Sears Holdings Corporation (NASDAQ: SHLD), a retailer, rose sharply in trading today. [...] Sysco Corp. (NYSE: SYY) shares rose sharply in trading today even as the company reported a drop in its fourth-quarter profit. SYY, which is engaged in distribution of food and related products to the foodservice industry, saw its cost increase in the fourth quarter. [...] Shares of 51job Inc. (ADR) (NASDAQ: JOBS) rallied in trading today on better-than-expected sales forecast for the third quarter. The China-based recruiting service provider also reported better-than-expected profit for the second quarter. [...] |
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