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Shares in SIPP International Industries Inc. (OTC: SIPN), operating as a holding company in the food, hotel and broadcasting industries, are seeing a huge rally in trading today. At last check, SIPN shares were trading 119.44% higher at $0.0395 on above average volume of 5.54 million. The stock hit a 52-week high of $0.05 earlier [...]
Home Bancshares Inc. (NASDAQ: HOMB) announced on Tuesday that it will be acquiring privately held Jonesboro, Arkansas-based Liberty Bancshares Inc. The deal will create a $7.1 billion Company and the second largest bank, based in Arkansas. The new entity will overtake First Security Bank of Searcy, which was thus far the second largest Arkansas based [...]
Shares of Synaptics Inc. (NASDAQ: SYNA) skyrocketed in afterhours trading on Tuesday after the touchscreen chip maker upwardly revised its outlook for the fiscal fourth quarter, citing robust demand for its products from smartphone makers.
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Shares of Netflix Inc. (NASDAQ: NFLX) fell 3% by afternoon trade after Bernstein’s senior equity analyst, carlos Kirjner downgraded the internet streaming company’s stock to “underperform” from “market-perform”. Bernstein has a price target of $180. The firm said current valuation reflected “unrealistic expectations.” In his research note, Kirjner wrote, “We believe Netflix will grow its [...]
Lennar Corp. (NYSE: LEN) said on Tuesday that fiscal second quarter net income fell by 70% as the company had unfavorable comparables (more tax gains in the year earlier quarter); however shares climbed as both revenue and earnings exceeded street’s estimate. Strong growth in new orders and increase in home prices boosted the top line [...]
Shares of Medical Marijuana Inc. (OTC: MJNA), operating in the medical marijuana and industrial hemp markets, are soaring in trading today. At last check, MJNA shares were trading 10.53% higher at $0.145 on volume of 6.06 million. The stock hit an intra-day high of $0.15 earlier today. MJNA shares have gained 45% in the last [...]
Vodafone Group Plc (ADR) (NASDAQ: VOD) announced on Monday that it has agreed to acquire, Germany’s leading cable operator Kabel Deutschland in deal valued at 7.7 billion euro (approximately $10 billion). The move will allow Vodafone to expand its traction in TV and fixed-line business at time when competition is intensifying in these businesses across [...]
Shares of Vanguard Health Systems Inc. (NYSE: VHS) rallied more than 65% by afternoon trade on Monday. The hospital services provider, Tenet Healthcare Corp. (NYSE: THC) agreed to buy Vanguard Systems in a transaction valued at $1.63 billion. The acquisition will help Tenet to diversify its healthcare service business.
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Tenet Healthcare Corp. (NYSE: THC) announced on Monday that it has agreed to acquire Vanguard Health Systems Inc. (NYSE: VHS) in a deal valued at about $1.63 billion. The move will allow Tenet Healthcare to diversify its healthcare service business.
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Shares of Northumberland Resources Inc. (OTC: NHUR), an exploration stage company engaged in the exploration and production of oil and gas in the U.S., are soaring in trading today. At last check, NHUR shares were trading 18.05% higher at $0.968 on volume of 463,979. The stock hit an intra-day high of $0.97 earlier today.
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