Shares of Best Buy Co. Inc. (NYSE: BBY), a retailer of consumer electronics, computing and mobile phone products, entertainment products, appliances and related services, have edged higher in early trading today after the company reported better-than-expected fourth-quarter results. The company also said that it is not moving forward with its turnaround after founder Richard Schulze failed to give an acquisition offer by the deadline.
Category: Large Cap Growth Stocks
Gap’s Q4 Results Beat Street’s Estimate (GPS)
Specialty apparel retailer, Gap Inc. (NYSE: GPS), reported late on Thursday fiscal fourth-quarter results that edged past analysts’ estimates.
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Major Movers on February 28; PANL, JCP, GTLS, CVC
Shares of Universal Display Corporation (NASDAQ: PANL), a company engaged in the development and licensing of its OLED technologies to manufacturers of products for display applications, are rallying in trading today after the company reported its fourth-quarter financial results.
Continue reading Major Movers on February 28; PANL, JCP, GTLS, CVC
Markdowns Hurt Kohl’s Corp.’s Q4 Earnings (KSS)
Department stores chain, Kohl’s Corporation (NYSE: KSS) reported on Thursday that its fiscal fourth-quarter earnings slumped 17% as markdowns to clear stockpile of inventories during the holiday season quarter hurt the bottom line.
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Major Movers on February 27; GWRE, FSLR, DLTR, PDCE, AAPL
Shares of Guidewire Software Inc. (NYSE: GWRE), a developer of technology solutions for property and casualty and workers compensation insurers, saw a huge rally in trading on Wednesday after the company reported its second-quarter financial results.
Continue reading Major Movers on February 27; GWRE, FSLR, DLTR, PDCE, AAPL
Dollar Tree Q4 Revenue Up 15% (DLTR)
Discount retailer, Dollar Tree Inc. (NASDAQ: DLTR) reported on Wednesday that its fiscal fourth-quarter earnings climbed 22% thanks to robust growth in sales amid higher footfalls. Earnings per share also edged past Company’s own estimate.
Major Movers on February 26; SLCA, VSI, CBRL
Shares of U.S. Silica Holdings Inc. (NYSE: SLCA), a silica sand supplier company, are seeing a huge rally in trading today after the company reported its fourth-quarter financial results.
Continue reading Major Movers on February 26; SLCA, VSI, CBRL
Home Depot Q4 Results Edge Past Street’s Estimate (HD)
Home Depot Inc. (NYSE: HD) reported on Tuesday that its fiscal fourth-quarter earnings climbed 32% thanks to favorable comparables, improving demand for home improvement products in the backdrop of resurging housing sector and refurbishments that ensued after the devastating super storm Sandy.
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Major Movers on February 25; ELN, DDD, HTZ, DDS
Shares of Elan Corporation Plc (ADR) (NYSE: ELN), a neuroscience-based biotechnology company, are soaring in trading today after the company received a takeover offer from Royalty Pharma.
Continue reading Major Movers on February 25; ELN, DDD, HTZ, DDS
Barnes & Noble Inc’s Chairman Contemplating Retail (bookstores) Division Buyout (BKS)
Barnes & Noble Inc.’s (NYSE: BKS) Chairman and biggest stakeholder, Leonard Riggio, has shown interest on buying out Company’s consumer book store chain division, possibly splitting the company into two.