After the huge rally on Monday, shares of Morris Business Development Co. (OTC: MBDE) are marginally higher in early trading today.
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Month: May 2012
Home Depot Q1 Sales Miss Estimate (HD)
Home Depot Inc. (NYSE: HD), operator of the Home Depot stores, today, reported its first-quarter financial results. The Atlanta, Georgia-based company reported weaker-than-expected first-quarter sales, sending shares down sharply in pre-market trading today.
Micro-Cap in Focus; Cannabis Science Inc. (CBIS)
Shares of Cannabis Science Inc. (OTC: CBIS), a development-stage company engaged in the development of pharmaceutical grade medical cannabis products, fell in Monday’s trading session. CBIS shares ended the day 3.03% lower at $0.0800. The stock is down more than 43% in the last one month.
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Big Mover; Dutch Gold Resources Inc. (DGRI)
Dutch Gold Resources Inc. (PINK: DGRI), a gold miner focused on developing mining properties in North America, saw a sharp rise in its shares on Monday.
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Groupon Shares Surge as Company Posts Quarterly Profit (GRPN)
Groupon Inc. (NASDAQ: GRPN) shares surged in after-hours trading on Monday after the Chicago-based company posted a quarterly profit. GRPN managed to post a profit for the quarter by slashing marketing spending and signing up more customers and merchants.
Continue reading Groupon Shares Surge as Company Posts Quarterly Profit (GRPN)
Chesapeake Energy Shares Rise as Company Secures $3 Billion Loan (CHK)
Chesapeake Energy Corporation (NYSE: CHK), a natural gas and oil exploration and production company, late Friday, announced that it entered into a $3 billion unsecured loan from Goldman Sachs Bank USA and affiliates of Jefferies Group Inc. The announcement has sent CHK shares sharply higher in trading today.
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Hot Stock; Portlogic Systems Inc. (PGSY)
Portlogic Systems Inc. (OTC: PGSY), a mobile and Internet software developer and solutions provider for electronic payments, ticketing and marketing delivery and communications systems, announced the signing of an exclusive agreement with AdaptMedia. The announcement has sent PGSY shares sharply higher in trading today.
Big Mover; Golfsmith International Holdings Inc. (GOLF)
Shares of Golfsmith International Holdings Inc. (NASDAQ: GOLF), a specialty retailer of gold equipment and related apparel and accessories, have risen sharply in trading today after the company agreed to be acquired by Canada’s largest specialty golf retailer, Golf Town.
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Micro-Cap on the Move; KMA Global Solutions International Inc. (KMAG)
KMA Global Solutions International Inc. (PINK: KMAG), a company focused on providing generic and customized solutions in the apparel, multimedia, sporting goods, food and pharmaceutical industries, last week, said that it received a number of questions involving false statements from Mina Mar Marketing Group.
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Micro-Cap in News; AMR Corporation (AAMRQ)
AMR Corporation (PINK: AAMRQ), the parent company of American Airlines, said on Friday that it would explore merger options while it is still in bankruptcy. AMR, which filed for bankruptcy in November last year, decided that it would explore merger options following pressure from its unsecured creditors.