Shares of Fresh Market Inc. (NASDAQ: TFM), a specialty retailer focusing on perishable product categories, are soaring today after the Greensboro, North Carolina-based company reported better-than-expected first-quarter profit. The company also raised its fiscal 2012 earnings forecast following the strong first-quarter financial results.
Continue reading Fresh Market Shares Surge on Q1 Results (TFM)
Shares of Monsanto Company (NYSE: MON), provider of agricultural products for farmers, are gaining in trading today after the St. Louis, Missouri-based company raised its full-year earnings outlook. The company also forecast stronger-than-expected fiscal third-quarter profit.
Continue reading Monsanto Shares Rose as Company Raises Full Year Forecast (MON)
Shares of Ship Finance International Limited (NYSE: SFL), a company engaged primarily in the ownership and operation of vessels and offshore related assets, have risen sharply today after the company reported its first-quarter financial results.
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H.J. Heinz Co. (NYSE: HNZ) cut its long term growth outlook a bit, citing investments in business amid a feeble and volatile global economic environment.
Continue reading Heinz Scales Back Long Term Growth Outlook (HNZ)
High end jeweler, Tiffany & Co. (NYSE: TIF) reported lackluster fiscal first-quarter results on Thursday.
Continue reading Tiffany’s Q1 Earnings Disappoint Wall Street, Shares Slump (TIF)
PetSmart Inc. (NASDAQ: PETM) shares rose to a new 52-week high in trading today after the Phoenix, Arizona-based company reported better-than-expected first-quarter profit. PETM also raised its full-year forecast following the upbeat first-quarter results.
Continue reading PetSmart Shares Rise as Q1 Profit Beats Estimates (PETM)
Ralph Lauren Corp. (NYSE: RL) today reported a sharp rise in its fourth-quarter earnings, driven by strong sales and a lower tax rate. The New York City-based company also doubled its quarterly dividend, sending shares sharply higher in trading today.
DaVita Inc. (NYSE: DVA), a provider of dialysis services in the U.S. for patients suffering from chronic kidney failure, today entered into a definitive merger agreement with HealthCare Partners, which is the U.S.’ largest operator of medical groups and physician networks.
Continue reading DaVita Shares Rise on Merger Agreement (DVA)
Salesforce.com Inc. (NYSE: CRM), a San Francisco, California-based company providing enterprise cloud computing and social enterprise solutions, released its first-quarter results. CRM swung to a loss in the first quarter due to higher operating costs and stock-based expenses. However, the company’s sales growth and quarterly billion beat Street estimates, sending shares sharply higher on Friday.
Foot Locker Inc. (NYSE: FL), a global retailer of athletic shoes and apparel, today, released its first-quarter financial results. FL shares have surged following the release of record quarterly results.