Agilent Technologies Inc. (NYSE: A) reported on Tuesday that fiscal second quarter earnings plunged 35% as the bottom line felt the pinch due to eroding margins, restructuring related costs and write-downs; however, non-GAAP earnings topped Street’s estimation.
Continue reading Agilent Technology Beats Q2 Estimate but Outlook Disappoints (A)
Shares of Sodastream International Ltd. (NASDAQ: SODA) rallied about 14% by afternoon trade after analysts at Citigroup raised to their price target to $66.00 while analysts at Canaccord Genuity maintained “hold” rating on the stock. Canaccord Genuity also boosted price target on the stock to $59.00 from $52.00. Analysts at Monness Crespi & Hardt lifted their price target in the stock to $80.00 from $70.00 and set a “buy” rating on Tuesday. Besides, analysts at Oppenheimer upwardly revised their price target on the stock to $68.00 from $60 and set a “outperform” rating on Tuesday.
Continue reading Major Movers on May 14; SODA, SSYS, BBRY, TTWO, SCTY
Shares of the Dean Foods Co. (NYSE: DF) gained on Tuesday after analysts at Janney Montgomery Scott raised their rating on the food and the beverage Company’s stock to “buy” from “neutral”, saying that Company recent decision to spin off its White Wave business will bring more financial flexibility and focus.
Shares of SolarCity Corp. (NASDAQ: SCTY) soared about 30% by afternoon trade. Shares of The San Mateo, California-based Company, which made its IPO back in December, have jumped almost four times so far. The Company is slated to report its quarterly results after the closing bell but investors are already excited about its future projects. Lately, the Company announced completion of two projects in Sacramento. The Company also said that installations of solar panels on about 6,500 homes in Marine and Navy bases in Hawaii are under way.
Continue reading Major Movers on May 13; SCTY, CSIQ, PERI, THRX, PCYC, CITZ, YUM
Shares of SolarCity Corp. (NASDAQ: SCTY), a San Mateo, California-based company engaged in the design, installation and sale or lease of solar energy systems to residential and commercial customers, are seeing a huge rally ahead of the release of the company’s quarterly results.
Continue reading SolarCity Shares Surge Ahead of Quarterly Results (SCTY)
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.
Continue reading Major Movers on May 10; PCLN, MT, GPS, MCP, UBNT
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.
Continue reading Molycorp’s Q1 Loss Widens but Revenue and Adjusted Earnings Topped Estimates (MCP)
Shares of the Gap Inc. (NYSE: GPS) rallied about 7.15% in aftermarket hours on Thursday after the clothing retailer, late last evening, provided upbeat sales guidance for the fiscal first quarter while sales in April along with same-store-sales showed strong growth trend.
Continue reading Gap Q1 Earnings Guidance Beats Estimates (GPS)
What Major Funds are Buying and Selling Now
After a solid first quarter that saw all three benchmark indexes rise sharply, equity markets continued their excellent run in the first month of the second quarter. All three indexes finished higher in April. Continue reading What Major Funds are Buying and Selling Now …
Shares of Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) soared about 25% by afternoon trade after the coffee maker, late last evening, announced that it has extended its partnership with the world’s biggest coffee-store chain, Starbucks Corp (NASDAQ: SBUX). Under the latest agreement, Green Mountain would triple its supplies of KEURIG Brewers line of products to Starbucks.
Continue reading Major Movers on May 9; GMCR, ATVI, GRPN, RAX, TSLA, RAX, BKS