Category: Large Cap Growth Stocks

Major Movers on December 5; FCX, PXP, MMR, AAPL, C, MFRM, P, CHTP

Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) shares plummeted nearly 14 percent on Wednesday after the company announced that it will acquire Plains Exploration & Production (NYSE: PXP) and McMoRan Exploration (NYSE: MMR)  in two separate deals estimated at $9 billion both in cash and stocks, as the company looks to expand its traction in energy sector. The deal would create a company with gold, oil and natural gas assets across the world.

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Francesca’s Holdings Shares Surge on Q3 Results (FRAN)

Shares of Francesca’s Holdings Corp. (NASDAQ: FRAN) leaped nearly 10% in pre-market trading after the boutique chain reported better-than-expected fiscal third quarter earnings thanks to stronger demand for  its high-margin products.  The Company also raised its outlook on full-year earnings.

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Brown-Forman Reports Q2 Results, Raises Full Year Outlook (BF.B)

Brown-Forman Corporation (NYSE: BF.B), a manufacturer, bottler, importer, exporter and marketer of a range of alcoholic beverage brands, today, reported that its second-quarter profit rose due to cost cuts and higher prices. The company also raised its full-year earnings outlook.

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Major Movers on December 4; GALE, PBY, MTN, GERN, DRI

Galena Biopharma Inc (NASDAQ: GALE) shares rallied on Tuesday after the company  announced that it has signed an agreement with a subsidiary of Teva Pharmaceutical Industries Limited for the commercialization of NeuVax nelipepimut- in Israel.

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Big Lots Reports Lighter-Than-Expected Q3 Loss (BIG)

Closeout retailer Big Lots Inc (NYSE: BIG) swung into losses in the fiscal third-quarter as decline in margins along with flagging sales hurt company’s top line and bottom line; however, shares  climbed nearly 7.5% in premarket trading as losses were lighter-than-expected.

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Toll Brothers Shares Gain on Q4 Result (TOL)

Shares of Toll Brothers Inc. (NYSE: TOL) have edged higher in trading today after the homebuilder reported its fourth-quarter financial results. The company’s fourth-quarter profit jumped thanks to a large tax benefit. TOL’s results have once again highlighted the fact that the housing market is seeing a strong recovery.

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Major Movers on December 3; GMCR, DECK, SVU, HMA, DELL, VZ

Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) shares gained almost 4% after Lazard raised its price target on the stock to $56 from $42. The stock has plunged almost 35% in the last year; however, most of analysts have maintained a positive outlook on the company.

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Major Losers in Trading on November 30; YUM, MDRX, VRSN, ZUMZ

Shares of Yum! Brands Inc. (NYSE: YUM), a quick service restaurant company, are sinking in trading today. At last check, YUM shares were trading 9.27% lower at $67.57 on above average volume of 13.86 million. The stock fell to an intra-day low of $66.98 in trading today.

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