Orix Corporation (ADR) (NYSE: IX) rallied on Wednesday. The Tokyo based financial services provider and Funabashi Eco Services Corporation announced in February that will merge to form a new entity referred to as Orix Eco Services Corporation. The merge is aimed at creating synergies and improving customer services.
Continue reading Major Movers on April 6; IX, JCP, WLL-A, FFIV, HBI, NIHD
Although WD-40 Company (NASDAQ: WDFC) reported a 1.2% drop in fiscal second quarter profit owing to higher expenses, shares rallied in afterhours trading as earnings per share comfortably edged past analysts’ expectation, thanks to strong sales in international markets. The San Diego based Company also provided upbeat outlook on the current fiscal year.
Continue reading WD-40 Provides Robust Guidance on FY 13, Shares Rally in Afterhours Trading (WDFC)
Shares of Greenbrier Companies Inc. (NYSE: GBX) slumped on Thursday after the rail road freight car equipment maker reported that fiscal second quarter profit plunged by 22 percent due to a 27% fall in deliveries. The Company reported a profit of $13.8 million or 45 cents a share compared to net income of $17.7 million or 57 cents a share, in the same quarter of last year. Revenue for the quarter contracted to $432.2 million from $458.2 million.
Continue reading Major Movers on April 4; GBX, ZNGA, BBY, FMS, CPWR
Shares of Best Buy Co Inc. (NYSE: BBY) rallied on Thursday after the electronic goods retailer said that it will open “mini stores” within its stores across the U.S., selling Samsung products, this summer.
Continue reading Best Buy to Open Samsung “Mini-Stores” Within Best Buy Stores (BBY)
Shares of NII Holdings (NASDAQ: NIHD) leaped about 21.40% on Wednesday after the reports emerged that the wireless communications services provider was in talks to sell its mobile phone business in Peru.
Continue reading NII Holdings in Talks to Sell its Peruvian Business: Bloomberg Report (NIHD)
Agriculture products provider, Monsanto Company (NYSE: MON) reported on Wednesday that net income jumped 22% in the fiscal second quarter as top line growth was boosted by strong sales of biotech seeds in the emerging markets, especially Brazil.
Continue reading Monsanto Beats Q2 Estimates, Raise Full-Year Outlook (MON)
Shares of Global Payments Inc. (NYSE: GPN) slumped on Wednesday after the electronic payments transaction processing services provider handed lower-than-expected fiscal third quarter results, late last evening.
Continue reading Major Movers on April 3; GPN, CALL, ZNGA, CONN, AYI
Shares of healthcare service providers rallied on Tuesday after the government announced new rates which showed that companies running Medicare Advantage plans will get considerable more money than originally expected. Shares of Dow Component, United Health Group (NYSE: UNH) climbed about 5% by afternoon trade while Humana Inc. (NYSE: HUM), Cigna Corporation (NYSE: CI), Aetna Inc. (NYSE: AET), WellPoint Inc (NYSE: WLP) also jumped.
Continue reading Major Movers on April 2; UNH, HUM, CI, AET, WLP, GRPN, SCVL, URBN, HTZ
Shares of Tesla Motors Inc. (NASDAQ: TSLA) rallied on Monday after the electric car maker said that sales of its Model S cars were better-than-expected. The Company has now upwardly revised its outlook on fiscal first quarter both on GAAP and non-GAAP basis.
Continue reading Major Movers on April 1; TSLA, TAP, GME, WLT, AM, BBRY
American Greetings Corporation (NYSE: AM) announced on Monday that it agreed to be taken private by its founders (the Weiss family) in deal estimated at $878 million.
Continue reading American Greetings To Be Taken Private (AM)