Although GameStop Corp.’s (NYSE: GME) fiscal second-quarter sales and profit fell amid growing trend of mobile based games over consoles, shares rallied on Thursday after the company raised its full-year outlook. Both earnings and revenue for the latest period were also better-than-expected. For the full-fiscal year, the Company now expects earnings to be in the [...]
Micron Technology Inc, (NASDAQ: MU) plunged about 3.15% by afternoon trade. Across-the-board sell-off in U.S. equities on Thursday could be the only reason why Micron shares are sliding. The Company handed better-than-expected fiscal third quarter results on Wednesday. For the quarter, the company reported adjusted earnings of 4 cents a share on revenue of $2.32 [...]
Shares of Restoration Hardware Holdings Inc. (NYSE: RH) catapulted about 18% by afternoon trade. The home furnisher late on Thursday announced fiscal first quarter results. The Company said that first quarter loss narrowed due to lower expenses. The Company earned 6 cents a share on non-GAAP basis against a loss of 4 cents a share, [...]
Shares of Tesla Motors Inc. (NASDAQ: TSLA) rallied on Monday after the electric car maker said that sales of its Model S cars were better-than-expected. The Company has now upwardly revised its outlook on fiscal first quarter both on GAAP and non-GAAP basis. [...]
Shares of Yum! Brands Inc. (NYSE: YUM) slumped 4.58 percent, at last check. The parent company of brands such as KFC, Pizza Hut and Taco Bell said that its sales in China will fall more than expected. The Company said that same-store-sales in KFC stores will decline as the government reviewed country’s poultry supply. Meanwhile, [...]
Shares of Valeant Pharmaceuticals International (NYSE: VRX), a specialty pharmaceutical company engaged in the development, manufacturing and marketing of a range of pharmaceutical products, are soaring in early trading today. [...] |
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