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Shares of embattled social-gaming company, Zynga Inc. (NASDAQ: ZNGA) rallied on Monday after the Company announced that it will slash another 1% of its workforce, shutter more offices to drive up the profitability. Meanwhile, the recent enacting of a law in Nevada which makes online betting legal in the state also helped the company to [...]
Shares of China Teletech Holding Inc. (PINK: CNCT), a distributor and trader of rechargeable phone cards, cellular phones, and accessories in China, are soaring in trading today. At last check, CNCT shares were trading 32.04% higher at $0.375 on above average volume of 3.17 million. The stock hit an intra-day high of $0.37 earlier today. [...]
Shares of Elan Corporation Plc (ADR) (NYSE: ELN), a neuroscience-based biotechnology company, are soaring in trading today after the company received a takeover offer from Royalty Pharma.
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Barnes & Noble Inc.’s (NYSE: BKS) Chairman and biggest stakeholder, Leonard Riggio, has shown interest on buying out Company’s consumer book store chain division, possibly splitting the company into two.
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Shares of Lowe’s Companies Inc. (NYSE: LOW), the Mooresville, North Carolina-based home improvement retailer, have edged higher in pre-market trading today after the company reported its fourth-quarter financial results.
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According to the Wall Street Journal, sources familiar with the matter said that last month, New York Times Company (NYSE: NYT) was offered a formal bid which valued its Boston Globe subsidiary over $100 million, with about a third of the value coming from buyers assuming some of the newspaper’s pension liabilities.
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Shares of Aruba Networks Inc. (NASDAQ: ARUN) rallied on Friday after the Wi-Fi equipment manufacturer reported that it swung into a profit in its fiscal second quarter thanks to favorable comparables from the last quarter when the company took huge one-time charge while robust demand for its wireless products also boosted the top line growth.
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Shares of Medical Marijuana Inc. (PINK: MJNA), a company engaged in the medical marijuana and industrial hemp markets, are soaring in trading today. At last check, MJNA shares were trading 22.07% higher 21.62% higher at $0.270 on volume of 20.89 million. The stock hit an intra-day high of $0.29 earlier today. Despite the sharp rise [...]
Murphy Oil Corporation (NYSE: MUR) Director, Claiborne Deming recently bought 80,000 shares of MUR common stock in two separate transactions.
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Shares of WebMD Health Corp. (NASDAQ: WBMD), a provider of health information services to consumers, physicians and other healthcare professionals, employers, are seeing a huge rally in trading today after the company reported its fourth-quarter financial results.
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