Category: Large Cap Growth Stocks

Major Movers on May 2; YELP, V, FB, BEAM, CI

Shares of Yelp Inc. (NYSE: YELP) catapulted 25% by afternoon trade after the online business and restaurant reviewer posted better-than-expected revenue for the fiscal first quarter, late last evening. The Company also provided optimistic guidance for the full-year fiscal. Loss per share however was slightly higher than Wall Street’s estimate.

Continue reading Major Movers on May 2; YELP, V, FB, BEAM, CI

Major Movers on May 1; DWA, HUM, PCS, TRLA, REGN, RATE

Shares of DreamWorks Animation Skg Inc. (NASDAQ:DWA) gained about 6.85% by afternoon trade after the studio following the closing bell on Tuesday surprised the street by posting fiscal first quarter profit and handed revenue which comfortably edged past consensus estimate. For the recently concluded quarter, DreamWorks reported net income of $5.6 million or 7 cents a share against profit of $9.1 million or 11 cents a share, in the year-earlier quarter. Revenue for the period came at $135 million compared to $136.1 million, in the same period of last fiscal. Analysts were expecting a loss of 3 cents a share on revenue of $99 million.

Continue reading Major Movers on May 1; DWA, HUM, PCS, TRLA, REGN, RATE

Western Union Maintains Outlook on the Current Fiscal Year (WU)

The Western Union Co. (NYSE: WU) reported on Tuesday that it net income fell 14% in the fiscal first quarter as revenue declined due to lower transaction fees. However, the financial services company said that it was optimistic about better revenue and profit growth in fiscal 2014 and maintained its outlook on the current year, citing ongoing improvement in its money transfer business.

Continue reading Western Union Maintains Outlook on the Current Fiscal Year (WU)

Major Movers on April 30; PBI, AET, BWLD, HLF, HOT

Shares of Pitney Bowes Inc. (NYSE: PBI) tumbled about 17% by midday trade after the mail and document services provider handed lower-than-expected fiscal first quarter earnings and slashed its dividend. For the first quarter, Pitney Bowes reported adjusted earnings of 42 cents a share, missing analysts’ consensus estimate by 2 cents a share. The quarterly revenue was slashed to 18.75 cents a share from 37.5 cents a share, in the year earlier quarter.

Continue reading Major Movers on April 30; PBI, AET, BWLD, HLF, HOT

Buffalo Wild Wings Q1 Net Income Drop 10%, But Shares Gain as Revenue Beats Street’s Estimates (BWLD)

Restaurant chain, Buffalo Wild Wings Inc. (NASDAQ: BWLD)  reported on Monday that fiscal first quarter income fell 10% due to higher wing costs; however shares gained about 1.20% in extended trading hours as revenue edged past Street’s estimates and same-store sales also rose.

Continue reading Buffalo Wild Wings Q1 Net Income Drop 10%, But Shares Gain as Revenue Beats Street’s Estimates (BWLD)

Major Movers on April 29; CPTS, NIHD, VRX, ACT, SINA, MDSO, GALT

Shares of Conceptus Inc. (NASDAQ: CPTS) rallied about 19.40% by afternoon trade after Bayer AG said that it has agreed to acquire Conceptus in deal estimated at euro 852 million ( $1.1 billion ) as the health-care company looks to gain traction in women contraceptive market. Bayer said that in next 10 days period, it will issue a tender with a proposal to buy all of Conceptus’s stock, valuing each share at $31 in cash, which represents a 20% premium over Friday’s closing stock price. The deal is likely to close by the second quarter of this year.

Continue reading Major Movers on April 29; CPTS, NIHD, VRX, ACT, SINA, MDSO, GALT

D.R. Horton Comfortably Beats Q1 Estimates (DHI)

Shares of D. R. Horton Inc. (NYSE: DHI) rallied on Friday after the America’s largest homebuilder by annual closings said that net income in the fiscal second quarter climbed more than three times thanks to robust home sales aided by solid recovery in the housing market and expects demand will remain strong in coming quarters.

Continue reading D.R. Horton Comfortably Beats Q1 Estimates (DHI)