Coinstar Inc. (NASDAQ: CSTR) reported late last evening that its fiscal first-quarter profit slumped 58% as its top revenue contributor, Redbox DVD-rental business continued to show sharp decline in growth while higher expenses also weighed on the bottom line. Continue reading Coinstar Raises Outlook, Shares Rally (CSTR)
Gaming machines manufacturer and social gaming provider, International Game Technology (NYSE: IGT) reported fiscal second quarter results late last evening. The Company posted better-than-expected results and provided optimistic guidance for the full fiscal year. Continue reading International Game Technology Beats Q2 Estimates, Provides Upbeat Guidance (IGT)
Shares of Applied DNA Sciences Inc. (OTC: APDN), a provider of botanical DNA-based security and authentication solutions in Europe and the U.S., are climbing in trading today. At last check, APDN shares were trading 8.48% higher at $0.228 on above average volume of 6.03 million. The stock hit an intra-day high of $0.23 earlier today. APDN shares have gained more than 11% in the last three trading sessions.
Shares of Qualcomm Inc. (NASDAQ: QCOM) plunged about 5.50% in early trade after the semiconductor company, late last evening, provided lower-than-expected guidance on fiscal third quarter earnings although its outlook on revenue exceeded Wall Street’s expectation. For the fiscal second quarter, Qualcomm posted adjusted earnings of $1.17 a share, in-line with analysts’ expectation. Revenue stood at $6.12 billion, beating analysts’ consensus estimate of $6.09 billion. Continue reading Major Movers on April 25; QCOM, AKAM, ZNGA, FFIV, DOW, CAKE
The Dow Chemical Company (NYSE: DOW) reported fiscal first quarter results on Thursday which saw earnings comfortably beating Wall Street’s estimate, thanks mainly to robust demand for its crop and seeds protecting chemicals in Americas, offsetting the weakness in plastic business. Continue reading Dow Chemical Company Reports 33% Jump in Q1 Earnings (DOW)
Although social gaming company, Zynga Inc.’s (NASDAQ: ZNGA) fiscal first-quarter results topped analysts’ consensus forecast, the outlook on the current quarter and massive drop in the number of people playing its online games disappointed investors, sending shares down by almost 9% in extended hours trading on Wednesday. Continue reading Zynga Tops Q1 Estimates But Q2 Outlook Disappoints, Shares Tumble (ZNGA)
Shares of WellPoint Inc. (NYSE: WLP) rallied on Wednesday after America’s second largest health-benefit provider reported that fiscal first quarter earnings climbed 3.4% as top line growth was bolstered by strong performance from consumer-business division, offsetting weakness in commercial business division. Continue reading WellPoint Q1 Earnings Boosted by Consumer Business Segment (WLP)
Shares of Whirlpool Corp. (NYSE: WHR) fell about 4.30% in early trade after the home appliances maker reported fiscal first quarter results which showed revenue falling short of Wall Street’s consensus estimate; however, earnings topped expectations, thanks to higher prices and cost slashing measures that helped boosting the bottom line. Continue reading Major Movers on April 24; WHR, YUM, BRCM, T, AMGN, DV
Shares of Capital Group Holdings Inc. (OTC: CGHC), a provider of health and wellness products and services in the U.S., are seeing a huge rally in trading today. At last check, CGHC shares were trading 79.29% higher at $0.125 on above average volume of 1.12 million. The stock hit an intra-day high of $0.32 earlier today. CGHC shares have gained more than 145% in the last three trading sessions.
Yum! Brands Inc. (NYSE: YUM) said that its profit in the fiscal first quarter fell 26% as its top line was adversely impacted due to declining sales in China. |
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