Retailer JoS. A. Bank Clothiers Inc. (NASDAQ: JOSB) today reported better-than-expected second-quarter earnings, driven by soaring direct marketing plans. JOSB also announced plans to open new stores, sending the company’s shares sharply higher in trading today.
Continue reading JoS. A. Bank Shares Surge on Q2 Results (JOSB)
Shares of Yelp Inc. (NYSE: YELP), a San Francisco, California-based company connecting people with local businesses, surged in trading today.
Continue reading Major Gainers and Losers on August 29; YELP, ZNGA, JOSB, TFM, FB, JOY, HNZ
Watchmaker Movado Group Inc.’s (NYSE:MOV) shares climbed more than 17% on Tuesday after the company reported better-than-expected second-quarter profit while raising its earnings outlook for the full-year, thanks to healthier gross margins and sustained demand for its both namesake and other licensed brands.
Continue reading Movado Group Shares Surge on Q2 Results (MOV)
Shares of Lexmark International Inc. (NYSE: LXK), a developer, manufacturer and supplier of printing, imaging, document workflow and content management solutions for the office, saw a huge rally in trading today.
Continue reading Major Gainers and Losers on August 28; LXK, PPO, MCP, NOK, PVH, QIHU
With an aim to expand its reach in online software application segment, tech giant, International Business Machines Corp. (NYSE: IBM) has announced plans to acquire its smaller rival Kenexa Corp. (NYSE: KNXA) in an all cash deal estimated at $1.3 billion, representing a 42% premium over Friday’s closing price of Kenexa’s stock.
Shares of AOL Inc. (NYSE: AOL), a global Web services company, are gaining in trading today after the company announced a $600 million buyback of stock and a special cash dividend of $5.15 per share.
Continue reading AOL Announces Buyback, Special Dividend; Shares Gain (AOL)
Shares of network equipment maker Aruba Networks Inc. (NASDAQ: ARUN) climbed by almost 15 % on Friday following the release of fiscal fourth-quarter results which saw both revenue and adjusted earnings beating Street analysts’ estimation.
Shares of Aruba Networks Inc. (NASDAQ: ARUN), a communications services company connecting local and remote users to corporate information technology resources via distributed enterprise networks, surged in trading today.
Manufacturer and distributor of natural and organic products, Hain Celestial Group Inc (NASDAQ: HAIN) reported that its fiscal fourth-quarter earnings soared 82% thanks to increasing sales of its products, including some highly profitable acquisitions.
Continue reading Hain Celestial Shares Surge on Q4 Results (HAIN)
General Growth Properties Inc. (NYSE: GGP) shares surged on Thursday after Pershing Square Capital Management’s Bill Ackman urged the company to consider a sale. Ackman’s Pershing Square owns approximately 10.2% of GGP.