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Shares of First Solar Inc. (NASDAQ: FSLR) skyrocketed on Tuesday after the solar maker provided better-than-expected earnings and revenue outlook for fiscal 2013, thanks to its growing power-plant business in emerging markets and expectations over a new kind of panel, which the Company will soon unveil.
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Shares of PriceSmart Inc. (NASDAQ: PSMT) jumped about 3.50% in afterhours trading on Tuesday after the discount warehouse clubs operator said that its income in the fiscal second quarter increased from year-earlier quarter owing to continued improvement in sales.
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Shares of Petrosonic Energy Inc. (PINK: PSON), a company focusing on the de-asphalting and separation of asphalt from heavy crude, oil sands, and waste oils, are rallying in trading today. At last check, PSON shares were trading 13.39% higher at $1.27 on above average volume of 2.09 million. The stock hit an intra-day high of [...]
Shares of JC Penney Company Inc. (NYSE: JCP) were hammered on Tuesday after the Company said that its Chief Executive Officer Ron Johnson decided to leave the Company. Meanwhile, the Company has re-appointed ex-CEO Mike Ullman at the top position, on interim basis. The beleaguered department chain, whose shares slumped 44% last year which marked [...]
Shares of Advanced Micro Devices Inc. (NYSE: AMD) leaped about 13% on Monday after Bloomberg reported that the software giant, Microsoft Corp. (NASDAQ: MSFT) will be using AMD processors for its upcoming Xbox, videogame console as it looks to slash expenses for making machines and entice developers to roll out more game titles.
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Shares of Green Innovations Ltd. (OTC: GNIN), an importer and distributor of bamboo-based hygienic and household products, are soaring in trading today. At last check, GNIN shares were trading 12.17% higher at $1.29 on volume of 4.51 million. The stock hit an intra-day high of $1.37 earlier today. GNIN shares have gained more than 90% [...]
Shares Questcor Corp. (NASDAQ: QCOR) tumbled on Monday after analysts at Favus Institutional Research cut their rating on the stock to “sell” from “buy”, citing concerns over the company’s fiscal first quarter results. In its note to clients, Favus said that should the company fails in meeting or misses Q1 results then it would be [...]
General Electric Company announced on Monday that it has agreed to acquire oilfield services provider, Lufkin Industries Inc. (NASDAQ: LUFK), in deal estimated at about $ 3.38 billion.
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Valero Energy Corporation (NYSE: VLO) said on Friday that its board has approved the plan to spin off retail business, CST Brands, as the Company shifts its focus on key strategic areas.
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Zynga Inc. (NASDAQ: ZNGA) announced on Friday that it has named John Doerr, a renowned venture capitalist to its board as the Company looks to shift its focus away from social gaming business towards online gambling and mobile-platform focused games.
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