Shares of Zynga Inc. (NASDAQ: ZNGA) tumbled 20% in premarket trading on Friday after the company late on Thursday downwardly revised its outlook on fiscal 2012. The company has now slashed its fiscal 2012 guidance for the second time in last two months.
Hotel chain operator, Marriott International Inc. (NYSE: MAR) reported better-than-expected fiscal third-quarter earnings, thanks to higher occupancy rate in North America, rising room rates in the wake limited room supply and company’s cost-cutting measures, helping the company offsetting weakness in Europe. Continue reading Marriott International Reports Q3 Results (MAR)
Stocks with Insider Buying (ROVI, STAG, ESL, SWHC) When investing in stocks, there are number of different things you should keep a watch on. Earnings, macroeconomic environment, product launches, competitors and management changes are some of the things you should look at when investing in a company. Some investors also look at charts before making buy and sell decisions. Apart from the things mentioned above, one important thing I recommend keeping an eye on is insider transactions. Today, I want to focus on insider buying activity. When insiders buy shares of their company, it generally means that they are confident about the company’s prospects. So here are some recent insider buys.
Shares of NII Holdings Inc. (NASDAQ: NIHD), a holding company for the operations of Nextel Communications Inc. in selected international markets, are seeing a huge rally in trading today. At last check, NIHD shares were trading 7.54% higher at $8 on volume of 6.01 million. The stock hit an intra-day high of $8.58. Continue reading Major Gainers and Losers on October 4; NIHD, INFA, MFRM, HMSY, ACI, ISCA
Shares of Daulton Capital Corp. (OTC: DUCP), a development stage company engaged in the exploration and development of quartz deposits in North America, are soaring in trading today.
Some people wrote it off; others questioned its valuation while some doubt its future; but, the reality is that Facebook Inc. (NASDAQ: FB) is still the leading social networking site, in terms of active monthly users and is going strong. Continue reading Facebook Reaches One Billion Active Users Mark (FB)
Shares of Hewlett-Packard Company (NYSE: HPQ) slumped 12.96% on Wednesday to touch a nine-year low after Chief Executive, Meg Whitman cautioned investors that earnings could witness a sharp slide in the fiscal 2013 while sales in all units, except the software division are expected to shrink. Continue reading Hewlett-Packard Shares Slump on Outlook (HPQ)
Shares of InterCore Energy Inc. (OTC: ICOR), a company focused primarily on providing equity, acquisition debt, or bridge financing to emerging high-growth companies and entrepreneurs in the areas of clean energy and clean technology, are up sharply in trading today.
Shares of Sarepta Therapeutics Inc. (NASDAQ: SRPT), a biopharmaceutical company engaged in the discovery and development of RNA-based therapeutics for the treatment of both rare and infectious diseases, are seeing a huge rally in trading today. At last check, SRPT shares were trading 170.11% higher at $40.49 on above average volume of 12.41 million. SRPT shares hit a 52-week high of $43.12 in trading today. Continue reading Major Gainers and Losers in Early Trading on October 3; SRPT, KRA, OCN, MON
Discount retailing chain, Family Dollar Stores Inc. (NYSE: FDO) edged up in premarket hours on Wednesday after the company announced 1.4% increase in its fiscal fourth-quarter profits thanks to 10.8% jump in sales of food and other basic commodities in the wake of higher same-store sales even as margins continued to face the pressure. Continue reading Family Dollar Stores Posts Stronger Profits, Higher Same-Store Sales (FDO) |
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