Daily Stocks News » RENN

Major Movers on June 28; ACN, MCP, BBRY, FINL, RENN

Warren Paige — Sun, 30 Jun 2013 10:17:14 +0000

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. For the full [...]

Chinese Social Networking Platform, Renren Announces $100 million worth ADR Repurchase Program (RENN)

Warren Paige — Fri, 28 Jun 2013 16:45:16 +0000

One of the leading names in China’s online social networking platforms, Renren Inc, (NYSE: RENN) announced on Friday that its Board of Directors has approved a new share buyback program.

The Company said that its Board endorsed but not obligated to buyback American Depository Receipts upto US$ 100 million within one year, starting [...]

Major Movers on May 6; TSN, MBI, RENN, MINI, CMLP, NRGY

Warren Paige — Mon, 06 May 2013 18:59:38 +0000

Tyson Foods Inc. (NYSE: TSN) tumbled after the meat and food processing company reported more-than-feared fall in fiscal second quarter profit on Monday as margins on Chickens contracted further due to soaring feed costs caused by last year’s severe drought. For the recently concluded quarter, Tyson Foods reported net income of $106 million or 26 [...]

Social Media Stocks on Watch; Zynga Inc. (ZNGA), Facebook Inc. (FB), Groupon Inc. (GRPN), LinkedIn Corp. (LNKD), Renren Inc. (RENN), SINA Corp.

Warren Paige — Sun, 26 Aug 2012 12:37:42 +0000

Shares of Zynga Inc. (NASDAQ: ZNGA), a social gaming company engaged in the development, marketing and operation of online social games as live services played over the Internet and on social networking sites and mobile platforms, rose marginally in trading on Friday.

ZNGA shares rose 0.62% to end the day at $3.27 on volume [...]

Renren Reports Loss in Q2 (RENN)

Warren Paige — Wed, 08 Aug 2012 13:36:59 +0000

Renren Inc. (NYSE: RENN), operator of a real name social networking Internet platform in China, after-market close on Tuesday reported its second-quarter financial results. The company reported a net loss for the second quarter, sending the shares down in pre-market trading today.

Renren reported a net loss of $24.9 million, or $0.06 per share [...]