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 a data compiled by Thomson Reuters. Continue reading Costco Same-Store Sales Rose More Than Expected in June (COST)
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 $0.01 earlier today. BRND shares have gained more than 426.60% in the last three trading sessions.
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. Continue reading HLC Extends University of Phoenix’s Accreditation (APOL)
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. Continue reading Major Movers on July 10; NBR, PCYC, NUS, HELE, FDO
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. Continue reading Family Dollar’s Q3 Earnings Beat Estimate (FDO)
Shares of OncoSec Medical Inc. (OTC: ONCS), a company engaged in the design, development and commercialization of novel cancer therapeutic products in the U.S., are up sharply in trading today. At last check, ONCS shares were trading 8.22% higher at $0.262 on above average volume of 2.93 million. The stock hit an intra-day high of $0.28 earlier today. ONCS shares have gained more than 9.50% in the last three trading sessions.
Citigroup equity research analyst Mark May initiated coverage on 11 Internet stocks on Tuesday. Continue reading Citigroup Initiates Coverage on 11 Internet Stocks
Shares of Sigma Labs Inc. (OTC: SGLB), a company engaged in the development and commercialization of manufacturing and materials technologies, and R&D solutions, are soaring in trading today. At last check, SGLB shares were trading 13.02% higher at $0.0790 on above average volume of 17.84 million. The stock hit a 52-week high of $0.08 earlier today. SGLB shares have gained nearly 50% in the last three trading sessions.
The Kroger Co. (NYSE: KR) announced on Tuesday that it has agreed to purchase the supermarket operator, Harris Teeter Supermarkets Inc. (NYSE: HTSI) in cash deal estimated at $2.5 billion or $49.38 a share. Continue reading The Kroger Co Acquires Harris Teeter (KR, HTSI)
Shares of the satellite radio company, Sirius XM Radio Inc. (NASDAQ: SIRI) gained 2.90 by mid-day trade on Tuesday. The Company said that it added 715,000 new subscribers in the fiscal second quarter, raising its total base in excess of 25 million. Continue reading Major Movers on July 9; SIRI, ISRG, WDFC, BKS, KR, HTSI |
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