|
|||||||
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. Continue reading Actavis To Acquire Warner Chilcott (ACT, WCRX)
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 Company now anticipates earnings come in the range of 10 cents to 12 cents a share on revenue range of $148 million to $150 million. Analysts polled by Thomson Reuters had most recently forecasted earnings of 17 cents a share on revenue of $157 million. Excluding onetime items, adjusted earnings stood at 11 cents a share in the fiscal third quarter compared to 16 cents a share, in the year-earlier quarter. Revenue jumped 12% to $147.1 million. Earlier in May the Company provided earnings guidance of 11 to 12 cents a share on revenue range of $144 million to $147 million. Continue reading Major Movers on May 17; ARUN, BRCD, ADSK, JCP, DE
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 trading sessions.
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. Continue reading Applied Materials Swing into Loss in Q2, But Outlook for Orders Improving (AMAT)
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. Continue reading MEMC Electronic CEO Buys 68,100 Shares (WFR)
Dillard’s Inc. (NYSE: DDS), a fashion apparel, cosmetics and home furnishing retailer, has reported record results for the first quarter ended May 4, 2013. Despite the strong results, shares of the retailer are fluctuating between gains and losses in trading today.
Shares of Cisco Systems Inc. (NASDAQ: CSCO) rallied about 12 % by afternoon trade after the network equipment maker, late last evening, reported better-than-expected results for the fiscal third quarter while its guidance on the current quarter was also in-line with analysts’ consensus estimate. Continue reading Major Movers on May 16; CSCO, TSRO, INFI, AMD, TSLA
Shares of Advanced Cell Technology Inc. (OTC: ACTC), a biotechnology company engaged in the development and commercialization of human embryonic and adult stem cell technology in the emerging field of regenerative medicine, are climbing in trading today. At last check, ACTC shares were trading 10.94% higher at $0.0720 on above average volume of 29.50 million. The stock hit an intra-day high of $0.08.
Department chain, Kohl’s Corp (NYSE: KSS) reported on Thursday that its fiscal first quarter profit slipped 4.5% as higher margins were offset by slightly lower-than-expected sales; however, shares were gaining as adjusted earnings comfortably topped analysts’ estimation. Continue reading Kohl’s Beats Q1 Earnings Estimate, Expects Sales to Improve in Q2 (KSS)
Jana Partners, one of the leading activist hedge funds, managed by Barry Rosenstein, revealed on Wednesday that it holds stake in Groupon Inc. (NASDAQ: GRPN) and Zynga Inc. (NASDAQ: ZNGA). Continue reading Jana Partners Discloses Stake in Groupon and Zynga (GRPN, ZNGA) |
|
||||||
|
Copyright © 2013 Daily Stocks News - All Rights Reserved Powered by WordPress & Atahualpa |
|||||||
Fund Letters
Recent Comments