Shares of Lululemon Athletica Inc. (NASDAQ: LULU) slumped on Tuesday after the yoga and athletic apparel retailer late on Monday boosted its earnings projections for fiscal fourth quarter but remained in line with Street’s estimate and missed analysts’ revenue expectations. Continue reading Major Movers on January 15; LULU, DELL, AAPL, FRX, SNTS
Shares of Zippy Bags Inc. (OTC: ZPPB), a specialty hybrid sporting goods bag manufacturing company, are seeing a huge rally in trading today. At last check, ZPPB shares were trading 227.11% higher at $0.294 on above average volume of 7.46 million. The stock hit an intra-day high of $0.42 earlier today.
America’s largest homebuilder in terms of market capitalization, Lennar Corp. (NYSE: LEN) reported better-than-expected fiscal fourth-quarter results on Tuesday as revenue soared 42 percent during period, thanks to record low mortgage rates and contracting supply of existing homes which prompted Americans to own a new house.
Shares of Apple Inc. (NASDAQ: AAPL) slumped on Monday after a news report said that the tech giant has slashed its component orders for its latest smartphone model, iPhone5 due to weaker-than-expected demand. Continue reading Major Movers on January 14; AAPL, RIG, HWD, FB, HGG
Shares of CoroWare Inc. (PINK: COWI), a provider of custom engineering services, hardware and software products, and subscription services in North America, Europe, Asia, Australia and the Middle East, are seeing a huge rally in trading today.
Shares of Transocean Ltd. (NYSE: RIG) gained on Monday after the world’s largest offshore rig contractor revealed that billionaire investor, Carl Icahn has acquired a 1.56 percent stake in the company and is considering to expand his holding in the company. Continue reading Transocean Gains as Noted Investor Carl Icahn Buys Stake (RIG)
Shares of Dendreon Corporation (NASDAQ: DNDN) rallied on Friday after analysts at Bernstein Research boosted its rating on the pharmaceutical company to “outperform” and raised its price target on stock by 43% to $10, citing upbeat outlook on company’s prostate cancer treatment. The 52-week trading of the stock is $5.73-$6.02. Continue reading Major Movers on January 11; DNDN, BBY, KBR, INFY, ARQL, JCP, WFC
Shares of TouchIT Technologies Inc. (PINK: TUCN), a designer, producer and marketer of touch-based visual communications products for the education and corporate government markets, are seeing a huge rally in trading today.
Shares of Dendreon Corporation (NASDAQ: DNDN), a biotechnology company engaged in the discovery, development and commercialization of therapeutics that may improve cancer treatment options for patients, are seeing a huge rally in trading today following a rating upgrade from Sanford C. Bernstein. Continue reading Dendreon Shares Surge on Rating Upgrade (DNDN)
America’s fourth largest bank in term of assets and leading mortgage lender, Wells Fargo & Company (NYSE: WFC) reported better-than-expected fiscal fourth-quarter results on Friday. Wells Fargo’s results are often regarded as precursor on the banking industry’s performance and growth in mortgage lending. Continue reading Wells Fargo Reports 24% Jump in Fiscal Q4 Profits (WFC) |
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