Gap Inc. (NYSE: GPS), a global specialty apparel company, after-market close on Thursday reported its first-quarter financial results. The company’s first-quarter profit was flat. However, the San Francisco, California-based company raised its guidance for the year, sending shares higher in after-hours trading. [...]
At the Ira Sohn charity conference, David Einhorn revealed his longs and shorts. We were privileged to be part of the conference. Below is a quick rundown of his presentation: 1. Short Martin Marietta Materials. Says stock is overvalued and benefitted from a one-time national fiscal stimulus. Stock is down 8% after the comments. [...]
Home Depot Inc. (NYSE: HD), operator of the Home Depot stores, today, reported its first-quarter financial results. The Atlanta, Georgia-based company reported weaker-than-expected first-quarter sales, sending shares down sharply in pre-market trading today. [...]
Groupon Inc. (NASDAQ: GRPN) shares surged in after-hours trading on Monday after the Chicago-based company posted a quarterly profit. GRPN managed to post a profit for the quarter by slashing marketing spending and signing up more customers and merchants. [...]
Chesapeake Energy Corporation (NYSE: CHK), a natural gas and oil exploration and production company, late Friday, announced that it entered into a $3 billion unsecured loan from Goldman Sachs Bank USA and affiliates of Jefferies Group Inc. The announcement has sent CHK shares sharply higher in trading today. [...]
Shares of Monster Worldwide Inc. (NYSE: MWW), provider of online recruiting solutions, surged on Friday after Reuters reported that the company has drawn interest from a number of potential buyers. [...]
NVIDIA Corporation (NASDAQ: NVDA), the Santa Clara, California-based technology company engaged in creating the graphics chips used in personal computers, today reported better-than-expected first-quarter revenue. NVDA’s outlook also beat Street expectations, sending shares sharply higher in trading today. [...]
Kohl’s Corporation (NYSE: KSS), operator of family-oriented department stores, today reported a sharp decline in its first-quarter profit as its gross margin were hurt by price cuts designed to lure shoppers. [...]
Shares of AOL Inc. (NYSE: AOL), a global web services company with a range of brands and offerings, have risen sharply in early trading today after the New York City-based company reported better-than-expected results for the first quarter of 2012. AOL’s results beat Street estimates despite weaker ad revenue in the U.S. [...]
DirecTV (NASDAQ: DTV), a provider of digital television entertainment in the U.S. and Latin America, reported an increase in its first-quarter profit and revenue. However, shares of the El Segundo, California-based company have opened lower in early trading as it added fewer-than-expected subscribers in the first quarter. [...] |
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