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Shares of Marvell Technology Group Ltd. (NASDAQ: MRVL) leaped almost 5.50% in afterhours trading on Thursday after the chip maker provided upbeat outlook on the current quarter, thanks to its growing traction in hard disk drive and flash storage business.
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Shares of world’s biggest retailer, Wal-Mart Stores Inc. (NYSE: WMT) have edged higher in trading today after the company reported its fourth-quarter financial results.
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Shares of The X-Change Corporation (PINK: XCHC), a provider of nutraceuticals and cosmetics in the U.S., are soaring in trading today. At last check, XCHC shares were trading 25.71% higher at $0.220 on above average volume of 6.60 million.
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Shares of Berry Petroleum Company (NYSE: BRY), an independent energy company engaged in production, development, exploitation and acquisition of oil and natural gas, are seeing a huge rally in trading today after the company agreed to be acquired by Linn Energy LLC (NASDAQ: LINE) in all stock transaction valued at $4.3 billion.
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Shares of Tesla Motor Inc. (NASDAQ: TSLA) slumped 6% in aftermarket trading on Wednesday after the electric car maker said that its fourth-quarter losses widened, citing higher manufacturing and sales expenses; however the Company highlighted that production of its key standard Model S, battery-powered Sedans was running at the rate of 20,000 units annually.
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Although SINA Corp. (NASDAQ: SINA) reported that its fiscal fourth-quarter profit fell by 75% from the year-earlier quarter due to sluggish advertising revenue growth at its microblogging service Weibo and some investment decisions that went astray, shares climbed on Wednesday as results topped analysts’ estimations.
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Shares of Axiologix Inc. (PINK: AXLX), an International Technology and Services Organization delivering cloud-based products and services to small and medium sized businesses mainly in the U.S., are seeing a huge rally in trading today.
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Shares of Toll Brothers Inc. (NYSE: TOL), a Horsham, Pennsylvania-based company engaged in designing, building, marketing and arranging financing for single-family detached and attached homes in luxury residential commodities, are down sharply in trading today even as the company swung to a profit in its fiscal first quarter.
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Pharmacy benefits provider Express Scripts Holdings Co. (NASDAQ: ESRX) reported on Tuesday that its fiscal fourth-quarter earnings leaped 74%, thanks to its acquisition of Medco Health Solution in last April. Express Script also boosted its outlook on fiscal 2013 earnings, dispelling investors’ concerns over lower pace on earnings growth.
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Shares of Rarus Technologies Inc. (PINK: RARS), a development stage company operating a social media platform, are seeing a huge rally in trading today. At last check, RARS shares were trading 320.45% higher at $0.0185 on above average volume of 20.52 million.
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