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Shares of Accenture Plc (NYSE: ACN) plunged 10.30% on Friday. Although the enterprise IT consulting firm reported on Thursday that fiscal third quarter income rose 18%, aided by higher revenue from financial, health and public segments, revenue fell short of company’s own initial projections. In addition, the Company also provided downbeat guidance.
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Shares of Priceline.com Inc. (NASDAQ: PCLN) gained about 3.70% by afternoon trade. The online travel reservation company, late on Thursday reported that fiscal first quarter net income rose 36%, thanks to 42.8% growth in international bookings. Adjusted earnings as well as revenue edged past analysts’ expectation.
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Shares of Molycorp Inc. (NYSE: MCP) skyrocketed on Friday after the rare-earth metals mining company, late last evening reported less-than-feared adjusted loss for the fiscal first quarter while revenue also showed strong growth.
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Shares of Bank of America Corp. (NYSE: BAC) gained on Friday after the bank said that the Federal Reserve agreed on its proposed capital actions. The bank said that it would now repurchase about $5 billion worth of its common stock and buyback around $5.5 billion worth preferred stock.
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Molycorp Inc (NYSE: MCP), world’s biggest rare-earth metal mining company outside China, reported wider-than-expected fiscal fourth-quarter losses late on Thursday as the bottom line was hurt by lower prices of rare earth metals, dip in production, increase in costs and a huge goodwill impairment charge linked to the acquisition of rare earth processer Neo Material [...]
PolyOne Corporation (NYSE: POL) climbed 8 percent on Wednesday after Jefferies Group initiated coverage on the stock with a “buy” rating. On December 20, the company announced the acquisition of Glasforms Inc., which specializes in glass and carbon fiber reinforced polymers and advanced products.
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Shares of health insurer, Aetna Inc. (NYSE: AET) gained 4 percent after the company boosted its outlook both on revenue and earnings for the next fiscal year.
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Shares of Lexmark International Inc. (NYSE: LXK), a developer, manufacturer and supplier of printing, imaging, document workflow and content management solutions for the office, saw a huge rally in trading today.
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Shares of Ann Inc. (NYSE: ANN), a specialty retailer of women’s apparel, shoes and accessories, surged on Friday after the company reported its second-quarter financial results.
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