Category: Large Cap Growth Stocks

Major Movers on December 12; AET, SCMP, YMI, DLB, GEOS, DD, BGMD, ALNY, MCP, LLY

Shares of health insurer, Aetna Inc. (NYSE: AET) gained 4 percent after the company boosted its outlook both on revenue and earnings for the next fiscal year.

Continue reading Major Movers on December 12; AET, SCMP, YMI, DLB, GEOS, DD, BGMD, ALNY, MCP, LLY

Costco Reports 30 Percent Jump in Net Profit (COST)

America’s largest warehouse club chain, Costco Wholesale Corp. (NASDAQ: COST) reported better-than-expected fiscal first quarter earnings thanks to soaring revenue from  membership fees and strong growth in same-store-sales; nevertheless, revenue fell short of Street’s estimate.

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Major Movers on December 11; URBN, PERY, DG, BIG, TNS, TRIP, SOMX, PTX, WBMD, TXN

Urban Outfitters Inc. (NASDAQ: URBN) shares rallied on Tuesday, gaining nearly 7 percent after specialty retailer in its regulatory filing said that its same-store-sales in the fourth quarter so far were up in the high-single-digit percentage—which was above analysts’ consensual estimate.

Continue reading Major Movers on December 11; URBN, PERY, DG, BIG, TNS, TRIP, SOMX, PTX, WBMD, TXN

Texas Instruments Raises Q4 Earnings Outlook (TXN)

Texas Instruments Inc. (NASDAQ:  TXN) raised a tad its outlook on fiscal fourth-quarter profit (excluding  huge restructuring charge) as company looks to slash its expenses owing to global macroeconomic uncertainty; nevertheless, it narrowed its revenue guidance putting a question mark on its long term growth prospects.

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Infinity Pharmaceuticals Shares Rally on Positive Clinical Trial Data (INFI)

Shares of Infinity Pharmaceuticals Inc. (NASDAQ: INFI), a drug discovery and development company, are soaring in trading today after the company reported new data from its ongoing Phase 1, open-label, dose-escalation trial of IPI-145 in patients with advanced hematologic malignancies.

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Major Movers on December 10; ZGNX, CLDX, CBMX, MCD, HPQ, AAPL

Shares of Zogenix Inc. (NASDAQ: ZGNX), a pharmaceutical company which focuses on treatment related to central nervous disorder and pain, plummeted 46 percent on Monday after the Company revealed that Food and Drug Administration’s advisory committee voted against the application for approval of a pain treatment.

Continue reading Major Movers on December 10; ZGNX, CLDX, CBMX, MCD, HPQ, AAPL

Major Movers on December 7; LFVN, SWHC, AMRN, QRE, NFLX, ACRX, HWD

Shares of Lifevantage Corporation (NASDAQ: LFVN) continued to slump on Friday. After plunging 16 percent in the previous session, shares were losing another 4 percent on Friday. The company announced that it will be recalling and replacing bottles of its Protandim (the Nrf2 Synergizer, dietary supplement)     from all affected independent distributors and others customers. The Company said tit was taking this decision as it feels that final product contained small metal fragments.

Continue reading Major Movers on December 7; LFVN, SWHC, AMRN, QRE, NFLX, ACRX, HWD

Smith & Wesson Reports Q2 Results (SWHC)

Shares of firearms manufacturer, Smith & Wesson Holding Corporation (NASDAQ: SWHC), edged up in premarket trading on Friday after the company, following closing bell ring on Thursday, reported that it swung back into profit during fiscal second quarter as margins continued to strengthen while demand for guns and rifles was also robust.

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Smithfield’s Foods Net Profit Fall 91% Due to Charge (SFD)

Shares of America’s largest producer of pork , Smithfield’s Foods Inc. (NYSE: SFD) edged up on Thursday after the company , announced better-than-expected fiscal second quarter earnings, thanks to rising margins and strong growth in volume.

Continue reading Smithfield’s Foods Net Profit Fall 91% Due to Charge (SFD)