Shares of U.S. Energy Initiatives Corp. Inc. (OTC: USEI), a manufacturer and marketer of retrofit systems in the U.S. and internationally, are up sharply in trading today. At last check, USEI shares were trading 11.76% higher at $0.0095 on above average volume of 41.08 million. The stock hit an intra-day high of $0.02 earlier today. [...]
Adobe Systems Inc. (NASDAQ: ADBE) reported late on Tuesday that its fiscal second-quarter income slumped 66% as the Company’s transition towards subscription based revenue model for its flagship products away from licensing and packaged software sales- increased marketing expenses while revenue also fell. [...]
Shares of FactSet Research Systems Inc. (NYSE:FDS) fell about 2% by afternoon trade. Although FactSet posted fiscal third quarter earnings which matched street’s estimate, revenue fell short of expectation. In addition, the Company said it envisage a tough market condition. Factset sells services to clients that use its merger acquisition and stock research. In the [...]
Social networking giant, Facebook Inc. (NASDAQ: FB) has invited members of the press to visit the company’s headquarter at Menlo on Thursday as it wants them to “learn about their new product”. According to the market grapevine, Facebook’s new product could be a video feature in Instagram. [...]
Shares of Nostra Energy Inc. (OTC: NORX), an exploration stage company engaged in exploration and development of oil and gas properties in the U.S., are up sharply in trading today. At last check, NORX shares were trading 7.86% higher at $0.755 on above average volume of 2.37 million. The stock hit an intra-day high of [...]
Executive search company, Korn/Ferry International (NYSE: KFY) reported on Monday that its fiscal fourth-quarter income edged up modestly as higher expenses offset revenue growth. Still, shares rallied in aftermarket hours as the firm handed upbeat guidance for the fiscal first quarter. [...]
Shares of Terex Corp. (NYSE: TEX) slumped about 9.75% by afternoon trade after the heavy equipment maker slashed its full-year earnings forecast even as it provided weak outlook for the fiscal second quarter amid falling sales trends. [...]
DreamWorks Animation Skg Inc. (NASDAQ: DWA) has entered in a multi-year agreement to produce in excess of 300 hours of content for internet-video streaming company Netflix Inc. (NASDAQ: NFLX). [...]
Shares of Petrosonic Energy Inc. (OTC: PSON), a development stage company engaged in the treatment and upgrading of heavy oil through sonicated solvent de-asphalting, are up sharply in trading today. At last check, PSON shares were trading 6.30% higher at $1.35 on above average volume of 1.20 million. The stock hit an intra-day high of [...]
Shares of Restoration Hardware Holdings Inc. (NYSE: RH) catapulted about 18% by afternoon trade. The home furnisher late on Thursday announced fiscal first quarter results. The Company said that first quarter loss narrowed due to lower expenses. The Company earned 6 cents a share on non-GAAP basis against a loss of 4 cents a share, [...] |
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