Thanks to customers’ growing inclination towards subscription based mode, Adobe Systems Inc (NASDAQ: ADBE) handed better-than-expected fiscal first quarter results and lifted its outlook on full-year results.
[...]
Liberty Media Corp. (NASDAQ: LMCA) announced on Tuesday that it has agreed to acquire 27.3% stake in the cable TV provider, Charter Communications Inc. (NASDAQ: CHTR) in a deal estimated at $2.62 billion or $95.50 a share, which represents a discount of 3% on Charter’s closing stock price as of Monday March 18th. [...]
Shares of Lululemon Athletica Inc. (NASDAQ: LULU) slumped on Tuesday after the maker of yoga and athletic apparels said last evening that it will pull out its signature black luon fabric yoga pants from its stores, showroom and e-sales website after it was found that certain batch had “unacceptable level of sheerness”, the Company said. [...]
Skullcandy Inc. (NASDAQ: SKUL) announced on Monday that it has appointed Hoby Darling as the new President and CEO as the embattled headphone maker looks to transform itself in the backdrop of changing dynamics in the audio category. [...]
Shares of Goff Corp. (OTC: GOFF), a company focusing on the development of highly prospective gold projects, soared in trading today. GOFF shares ended the day 119.15% higher at $0.285 on above average volume of 263.91 million. The stock hit an intra-day high of $0.35 earlier today. [...]
Shares of ValueClick Inc. (NASDAQ: VCLK) rallied on Monday after Jefferies upgraded the stock from “Hold” to “Buy “ rating and raised its price target on it to $35.00 from $23.00. The improvement in ratings come after company’s analyst day, where both CEO John Guliani and team, eloquently said that the Company was shifting towards [...]
Embattled daily deals site Groupon Inc. (NASDAQ: GRPN), whose shares have been under immense pressure due to slowing growth rate and flagging revenue from international markets, received a tremendous boost last week after globally renowned “value investor”, Bill Miller gave the Company surprising endorsement. [...]
CenterPoint Energy Inc. (NYSE: CNP), OGE Energy Corp. and ArcLight Capital Partners have entered into an agreement which would allow these companies to merge a part of their operations to form a midstream company, having combined assets worth $11 billion. [...]
Shares of Fannie Mae (OTC: FNMA), a provider of liquidity and stability to the secondary mortgage market, are soaring in trading today. At last check, FNMA shares were trading 26.95% higher at $0.375 on above average volume of 21.50 million. The stock hit a 52-week high of $0.38 earlier today. [...]
Shares of Bank of America Corp. (NYSE: BAC) gained on Friday after the bank said that the Federal Reserve agreed on its proposed capital actions. The bank said that it would now repurchase about $5 billion worth of its common stock and buyback around $5.5 billion worth preferred stock. [...] |
|
|
|
Copyright © 2024 Daily Stocks News - All Rights Reserved Powered by WordPress & Atahualpa |
||
Recent Comments