Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX), a biotechnology company engaged in the discovery, development, manufacturing and commercialization of small molecule drugs for the treatment of serious diseases, on Monday, reported that the new cystic fibrosis drug Kalydeco when combined with its experimental treatment for the disease led to substantially improved breathing ability in a mid-stage study.
Continue reading Vertex Pharmaceuticals Shares Surge on Encouraging Clinical Data (VRTX)
Wynn Resorts Limited (NASDAQ: WYNN), developer, owner and operator of destination casino resorts, on Monday, reported weaker-than-expected first-quarter results despite robust growth in Macau.
Shares of Dolby Laboratories Inc. (NYSE: DLB), the San Francisco, California-based developer of products and technologies that are used in the entertainment industry, surged on Friday after the company reported its second-quarter financial results and signed an agreement with Microsoft Corp. (NASDAQ: MSFT) for the use of its products in Windows 8 operating system.
Continue reading Dolby Laboratories Shares Surge on Q2 Results (DLB)
Spectra Energy Partners L.P. (NYSE: SEP), the Houston, Texas-based company engaged in the transportation and gathering of natural gas through interstate pipeline systems, today, released its first-quarter financial results. SEP reported a 7.2% increase in first-quarter profit as revenue and margins improved.
Continue reading Spectra Energy’s Q1 Profit Rise Sharply (SEP)
Shares of professional networking site LinkedIn Corporation (NYSE: LNKD) jumped in after-hours trading on Thursday after the company reported an increase in first-quarter profit.
Continue reading LinkedIn Reports Q1 Results; Shares Jump in After-Hours Trading (LNKD)
Comcast Corp. (NASDAQ: CMCSA), a provider of entertainment, information and communications products and services, today, reported a 30% increase in first-quarter profit. CMCSA’s first-quarter profit also beat Street estimates.
Shares of American Eagle Outfitters Inc. (NYSE: AEO), a specialty retailer operating in the U.S. and Canada, are surging today after the Pittsburg, Pennsylvania-based company raised its first-quarter earnings guidance due to stronger sales and fewer promotions.
Continue reading American Eagle Outfitters Raises Q1 Guidance; Shares Surge (AEO)
Legg Mason Inc. (NYSE: LM), a provider of investment management and related services to institutional and individual clients, company-sponsored mutual funds and other pooled investment vehicles, today, released its fourth-quarter financial results, posting a 10% increase in profit.
Shares of Barnes & Noble Inc. (NYSE: BKS), a content, commerce and technology company providing customers access to books, magazines, newspapers and other content across its multi-channel distribution platform, are surging today after technology giant Microsoft Corporation (NASDAQ: MSFT) said that it will make a $300 million investment in the company’s Nook e-reader.
Continue reading Big Mover; Barnes & Noble Surges on Microsoft Investment (BKS, MSFT)
Watson Pharmaceuticals Inc. (NYSE: WPI), an integrated global pharmaceutical company engaged in the development, manufacturing, marketing, sale and distribution of generic and brand pharmaceutical products, today, released its first-quarter financial results. WPI reported better-than-expected first-quarter profit, sending shares sharply higher in pre-market trading.