Shares of Spectrum Brands Holdings Inc. (NYSE: SPB), a consumer products company engaged in the manufacturing and marketing of alkaline, zinc carbon and hearing aid batteries, herbicides, insecticides and repellants and specialty pet supplies, are soaring in trading today.
Continue reading Major Gainers and Losers on October 9; SPB, SWK, EW, QCOR, OC, AA, NFLX
Wisconsin-based global consumer products company, Spectrum Brands Holdings Inc. (NYSE: SPB) announced today that it intends to acquire the Hardware & Home Improvement Group (HHI) of Stanley Black & Decker (NYSE: SWK) for $1.4 billion in cash.
World’s biggest retail chain, Wal-Mart Stores Inc. (NYSE: WMT) announced on Monday that it will soon introduce a prepaid card in partnership with American Express Company (NYSE: AXP), a move which would allow its low income consumers to access services such as smartphone deposits.
Continue reading Wal-Mart and American Express To Introduce Prepaid Card Deal (WMT, AXP)
Minnesota-based health and well-being company, UnitedHealth Group Inc. (NYSE: UNH) announced today that it had agreed to acquire a 90% stake in the largest health care company in Brazil, Amil Participacoes S.A. The acquisition allows UNH to expand overseas.
Continue reading UnitedHealth Group to Acquire 90% Stake in Amil Participacoes (UNH)
Shares of Marathon Petroleum Corp. (NYSE: MPC), a Findlay, Ohio-based company engaged in the refining, transportation and marketing of petroleum products in the U.S., are soaring in trading today. At last check, MPC shares were trading 7.56% higher at $59.02 on above average volume of 3.20 million. The stock hit a 52-week high of $60.04 in trading today.
Shares of Constellation Brands Inc. (NYSE: STZ), a leading premium wine company, are up sharply in trading today following the release of second-quarter financial results.
Continue reading Constellation Brands Shares Rise on Q2 Results (STZ)
Shares of Groupon Inc. (NASDAQ: GRPN), a local e-commerce marketplace that connects merchants to consumers by offering goods and services at a discount, are soaring in trading today. At last check, GRPN shares were trading 9.17% higher at $5.24 on above average volume of 12.72 million. The stock hit an intra-day high of $5.37 in trading today. It has now gained more than 12% in the last three trading sessions.
Continue reading Major Gainers and Losers on October 5; GRPN, ZNGA, AVP, FSLR, PAY, GMCR
Hotel chain operator, Marriott International Inc. (NYSE: MAR) reported better-than-expected fiscal third-quarter earnings, thanks to higher occupancy rate in North America, rising room rates in the wake limited room supply and company’s cost-cutting measures, helping the company offsetting weakness in Europe.
Continue reading Marriott International Reports Q3 Results (MAR)
Shares of NII Holdings Inc. (NASDAQ: NIHD), a holding company for the operations of Nextel Communications Inc. in selected international markets, are seeing a huge rally in trading today. At last check, NIHD shares were trading 7.54% higher at $8 on volume of 6.01 million. The stock hit an intra-day high of $8.58.
Continue reading Major Gainers and Losers on October 4; NIHD, INFA, MFRM, HMSY, ACI, ISCA
Shares of Hewlett-Packard Company (NYSE: HPQ) slumped 12.96% on Wednesday to touch a nine-year low after Chief Executive, Meg Whitman cautioned investors that earnings could witness a sharp slide in the fiscal 2013 while sales in all units, except the software division are expected to shrink.
Continue reading Hewlett-Packard Shares Slump on Outlook (HPQ)