According to a Brazilian newspaper Folha de S. Paulo, David Neeleman, a serial entrepreneur who founded JetBlue Airways Corp. (NASDAQ: JBLU) but was removed from his CEO post 6 years back, is raising $3.2 billion investment fund to regain the control of the Company and acquire a struggling Portuguese airlines, TAP. [...]
Shares of Accenture Plc (NYSE: ACN) plunged 10.30% on Friday. Although the enterprise IT consulting firm reported on Thursday that fiscal third quarter income rose 18%, aided by higher revenue from financial, health and public segments, revenue fell short of company’s own initial projections. In addition, the Company also provided downbeat guidance. [...]
One of the leading names in China’s online social networking platforms, Renren Inc, (NYSE: RENN) announced on Friday that its Board of Directors has approved a new share buyback program. [...]
Athletic sports gear retailer, Finish Line Inc. (NASDAQ: FINL) reported on Friday that its fiscal first-quarter net income fell 59% as the expenses soared due to opening of new stores in Macy’s Inc. (NYSE: M), offsetting higher revenue and improvement in same-store-sales. [...]
Shares of Freddie Mac (OTC: FMCC), a provider of credit guarantee for residential mortgages originated by mortgage lenders, are up sharply in trading today. At last check, FMCC shares were trading 7.58% higher at $1.42 on volume of 7.79 million. The stock hit an intra-day high of $1.47. Despite the gains in trading today, FMCC [...]
Shares of Paychex Inc, (NASDAQ: PAYX) slumped about 5.70% by mid-day trade. The Rochester, NY based Company, which handles employee benefits and provides human resources related services, late last evening reported nearly flat earnings growth for the fiscal fourth quarter as higher revenue was offset by jump in income tax expenses. [...]
KB Home (NYSE: KBH) reported lower-than-expected fiscal second-quarter loss on Thursday as the homebuilder benefitted from strong growth in home deliveries and higher average selling price amid gradually improving U.S. housing market. [...]
Micro-Caps on Watch; Fannie Mae (FNMA), Cleantech Transit Inc. (CLNO), ImageWare Systems Inc. (IWSY)Shares of Fannie Mae (OTC: FNMA), a government-sponsored enterprise providing liquidity and stability to the secondary mortgage market, are climbing in trading today. At last check, FNMA shares were trading 6.78% higher at $1.26 on volume of 50.99 million. The stock hit an intra-day high of $1.38 earlier today. Despite the gains today, FNMA shares [...]
The home furnishing retailer, Bed Bath & Beyond Inc. (NASDAQ: BBBY) reported late last evening that its fiscal first-quarter income fell 2.1% as margin was hurt by higher expenses while unfavorable comparables (smaller tax benefit compared to corresponding quarter of last year) also offset improvement in revenue. [...]
Shares of First Cash Financial Services Inc. (NASDAQ: FCFS) slumped about 10.70% by afternoon trade. The pawn store operator, late last evening, handed downbeat earnings outlook for the fiscal second quarter and downwardly revised full year revenue guidance. For the fiscal second quarter, First Cash Financial Services Inc expects earnings to be in the range [...] |
|
|
|
Copyright © 2024 Daily Stocks News - All Rights Reserved Powered by WordPress & Atahualpa |
||
Recent Comments