Celgene Corporation (NASDAQ: CELG) director Ernest Mario bought 1,000 shares of CELG common stock for $123.72 per share, according to a SEC filing. Mario made a total investment of $123,725.
Continue reading Celgene Corporation Director Buys 1,000 Shares (CELG)
Image sensor maker, OmniVision Technologies Inc. (NASDAQ: OVTI) reported better-than-expected fiscal fourth quarter results on Thursday as solid revenue growth offset contraction in margins. The Company also offered very optimistic guidance for the fiscal first quarter.
Continue reading OmniVision Tops Q4 Estimates, Provides Upbeat Q1 Guidance (OVTI)
Shares of Palo Alto Networks Inc. (NYSE: PANW) plunged about 9.50% by midday trade. The network security solutions provider said on Thursday that it swung into fiscal third quarter loss. Higher operating expenses and income tax provision dented the bottom line even as revenue fell short of analysts’ expectation. Continue reading Major Movers on May 31; PANW, GES, KKD, LGF, OVTI
Shares of Facebook Inc. (NASDAQ: FB) rallied after a pair of equity research firms raised their rating on the stock on Thursday.
Continue reading Major Movers on May 30; FB, FSLR, BIG, WFR, AVGO
Costco Wholesale Corp. (NASDAQ: COST) reported on Thursday that fiscal third quarter profit rose 19% as its top line was boosted by robust growth in comparable-store-sales.
Continue reading Costco Q3 Profit Rises 19% as Comparable Sales Jump 7% (COST)
Shares of Stewart Enterprises Inc. (NASDAQ: STEI) rallied 33% by afternoon trade after its bigger peer Service Corporation International (NYSE: SCI) announced on Wednesday that it has agreed to buy the smaller funeral services provider in deal valued at $1.4 billion. Service Corp said that the acquisition will enable the funeral service provider to increase its presence in funeral and cemetery industry of North America, which is very much fragmented at the moment. Continue reading Major Movers on May 29; STEI, SFD, AEGR, TFM, WTSL
Shares of Smithfield Foods Inc. (NYSE: SFD) skyrocketed on Wednesday after Chinese food processing company Shuanghui International also referred to as Shineway, said that it will acquire the world’s biggest pork producer in deal estimated at about $4.7 billion. The acquisition is by far the biggest ever done by a Chinese Company in the U.S.
Continue reading Chinese Meat Producer Shuanghui to Acquire Smithfield Foods (SFD)
Shares of the Wet Seal Inc. (NASDAQ: WTSL) rallied in afterhours trading on Tuesday after the female specialty apparel and accessories maker reported that it swung into a profit in its fiscal first quarter, driven by wider margin and lower expenses.
Continue reading Wet Seal Swings into Profit in Q1, Guidance for Q2 Upbeat (WTSL)
Shares of Tiffany & Co. (NYSE: TIF) climbed about 4% by afternoon trade on Tuesday after the luxury jewelry maker reported better-than-expected fiscal first quarter results, led by strong growth in international markets. For the fiscal first quarter ended April 30, the Company reported adjusted earnings of $89 million or 70 cents a share. Sales during the period rose 9.3% to $895.5 million (excluding the impact of foreign exchange fluctuation, sales jumped 13%).
Continue reading Major Movers on May 28; TIF, EXC, VRX, FE, TRLA, TSLA
Canadian drug- maker, Valeant Pharmaceuticals International Inc. (NYSE: VRX) announced on Monday that it has agreed to buy Bausch & Lomb from Warbug Pincus in an all-cash deal estimated at $8.7 billion, a move which is expected to help the company to gain traction in global ophthalmic pharmaceutical market.
Continue reading Valeant Pharmaceuticals to Acquire Bausch & Lomb (VRX)