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Alcoa Inc. (NYSE: AA) director Ratan Tata, on Thursday, bought 2,470 shares of AA common stock for $8.05 per share, according to a SEC filing. Tata made an investment of $19,879. This is the fourth time in the last one year that Tata has bought AA shares.
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Shares of Spreadtrum Communications Inc. (ADR) (NASDAQ: SPRD) rallied on Friday after the smartphone chip maker said that it has agreed to be acquired by China’s Tsinghua Holdings Co in deal valued at $1.78 billion.
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Shares of Deltathree Inc. (OTC: DDDC), a provider of video and voice over Internet protocol telephony services (VoIP), are seeing a huge rally in trading today. At last check, DDDC shares were trading 233.33% higher at $0.0600 on above average volume of 1.44 million. The stock hit an intra-day high of $0.07 earlier today.
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Shares of most homebuilders rallied on Thursday, thanks to the Federal Reserve Chairman Ben Bernanke’s extremely dovish remarks.
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Shares of PriceSmart Inc. (NASDAQ: PSMT) fell about 3.30% by afternoon trade. The warehouse club operator late on Wednesday said that fiscal third quarter net income rose 18%, aided by higher sales; nevertheless, adjusted earnings fell short of analysts’ estimation. Amid macroeconomic uncertainty, more and more U.S. consumers have been buying goods of daily needs [...]
Costco Wholesale Corporation’s (NASDAQ: COST) same-store sales rose more-than-expected in June. The discount retailer said that sales for the five week period ended July 7 rose 6% (after including the impact of rise in fuel prices and foreign exchange fluctuations). The Wall Street’s analysts had a consensus forecast for 5.4% growth in same-store-sales, according to [...]
Shares of Premier Brands Inc. (OTC: BRND), a consumer goods incubator focusing on the creation, acquisition, and marketing of consumer packaged goods, are seeing a huge rally in trading today. At last check, BRND shares were trading 100% higher at $0.0078 on above average volume of 61.59 million. The stock hit an intra-day high of [...]
For profit education provider, Apollo Group Inc. (NASDAQ: APOL) said in its SEC filing on Wednesday that the Higher Learning Commission (HLC) has reaffirmed accreditation of the University of Phoenix until 2022-2023; however, the university has been placed under “Notice” status for two years.
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Shares of Nabors Industries Ltd. (NYSE: NBR) plunged about 5.50% by afternoon trade.Late on Tuesday, the drilling contractor said that fiscal second quarter operating earnings will miss analysts’ expectation, citing weak performance in its rig, completion and production services businesses.
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Discount retailer, Family Dollar Stores Inc. (NYSE: FDO) said on Wednesday that its fiscal third-quarter net income slipped 3% as lower gross margin offset higher same-store-sales. However, adjusted earnings edged past expectation while revenue was in-line with Street’s estimate.
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