Daily Stocks News

TiVo Reports Narrower Q1 Loss as Revenue and Subscribers Rise (TIVO)

Ed Liston — Tue, 21 May 2013 10:39:29 +0000

TiVo Inc. (NASDAQ: TIVO) said late on Monday that its fiscal first-quarter loss narrowed thanks to higher revenue and fairly reasonable growth in subscribers’ base.

The Company has been consistently posting quarterly losses since the second half of 2009. Patents related litigations have badly dented its bottom line. In the recently concluded quarter, the [...]

Major Movers on May 20; SCTY, FSLR, FWLT, RAVN, WCRX, ACT

Ed Liston — Mon, 20 May 2013 18:20:45 +0000

Shares of SolarCity Corp. (NASDAQ: SCTY) rallied about 14% by afternoon trade. The stock has been gaining since last week after the company announced that it entered in a financing deal with Goldman Sachs. According to the deal, Goldman Sachs will fund in excess of $500 million on solar projects managed by San Mateo, Calif. [...]

Micro-Caps on the Move; iTalk Inc. (TALK), Nuvilex Inc. (NVLX), Westinghouse Solar Inc. (WEST)

Ed Liston — Mon, 20 May 2013 18:18:53 +0000

Shares of iTalk Inc. (OTC: TALK), a wireless technology value added reseller, are soaring in trading today. At last check, TALK shares were trading 19.09% higher at $1.31 on volume of 3.13 million. The stock hit an intra-day high of $1.35 earlier today. TALK shares have gained more than 20% in the last three trading [...]

Actavis To Acquire Warner Chilcott (ACT, WCRX)

Ed Liston — Mon, 20 May 2013 15:41:15 +0000

Generic drug maker Actavis Inc (NYSE: ACT) announced on Monday that it has agreed to acquire specialty pharmaceutical Company, Warner Chilcott Plc (NASDAQ: WCRX) in stock swap deal, valued at almost $5 billion.

According to the deal Actavis will swap 0.16 shares for each share of Warner Chilcott, which means that each share of [...]

Major Movers on May 17; ARUN, BRCD, ADSK, JCP, DE

Ed Liston — Fri, 17 May 2013 17:48:21 +0000

Shares of Aruba Networks Inc. (NASDAQ: ARUN) tumbled about 26.50% by afternoon trade after the wireless equipment maker, late last evening, said that it swung into third quarter loss as the bottom line was felt the impact due to rising expenses, higher taxes. The Company also provided disappointing guidance for the fiscal fourth quarter. The [...]

Micro-Caps in Focus; Xumanii (XUII), Cereplast Inc. (CERP), HPC POS System Corp. (HPCS)

Ed Liston — Fri, 17 May 2013 17:45:29 +0000

Shares of Xumanii (OTC: XUII), an all-inclusive online platform that provides users the opportunity to create a “Live Broadcast” in true high definition, are rallying in trading today. At last check, XUII shares were trading 15.99% higher at $0.373 on volume of 8.03 million. The stock has gained more than 17.10% in the last three [...]

Applied Materials Swing into Loss in Q2, But Outlook for Orders Improving (AMAT)

Ed Liston — Fri, 17 May 2013 17:03:22 +0000

Semiconductor equipment manufacturing Company, Applied Materials Inc. (NASDAQ: AMAT) said late on Thursday that it swung into a loss in its fiscal second quarter as it took big one-time charges related to restructuring and a write-down while the top line was hurt due to weak demand for its products from the solar industry.

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MEMC Electronic CEO Buys 68,100 Shares (WFR)

Ed Liston — Fri, 17 May 2013 16:01:13 +0000

MEMC Electronic Materials Inc. (NYSE: WFR) CEO Ahmad R. Chatila bought 68,100 shares of WFR common stock earlier this week for $5.98 per share, according to a SEC filing.

Chatila made a total investment of $407,075. His purchase came a few days after MEMC Electronic Materials reported its financial results for the first quarter [...]