J.M. Smucker Company (NYSE: SJM), a manufacturer and marketer of branded food products, today reported its fourth-quarter financial results, posting a 9.7% increase in profit. SJM’s sales grew more than forecast in the fourth quarter despite a lower product volume.
Month: June 2012
Lululemon Athletica Q1 Profit Rises 40% (LULU)
Lululemon Athletica Inc. (NASDAQ: LULU), designer and retailer of technical athletic apparel operating primarily in North America and Australia, today, reported that its first-quarter profit climbed 40%. Despite posting better-than-expected first-quarter earnings, LULU shares have fallen sharply in pre-market trading today.
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Berkshire Hathaway Discloses Stake in Lee Enterprises (BRK.A, LEE)
Warren Buffett’s investment firm, Berkshire Hathaway Inc. (NYSE: BRK.A), disclosed in a regulatory filing that it owns a stake in Lee Enterprises Inc. (NYSE: LEE). The disclosure sent LEE shares sharply higher in trading on Wednesday.
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Big Mover; Streamline Health Solutions Inc. (STRM)
Shares of Streamline Health Solutions Inc. (NASDAQ: STRM), a healthcare information technology company engaged in the development and licensing of software solutions, are gaining momentum in trading today.
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Micro-Cap on the Move; Spanish Broadcasting System Inc. (SBSA)
Shares of Spanish Broadcasting System Inc. (NASDAQ: SBSA), a Hispanic-controlled media and entertainment company, are up sharply in trading today.
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Hot Stock; Barfresh Food Group Inc. (BRFH)
Shares of Barfresh Food Group Inc. (PINK: BRFH), a manufacturer and distributor of ready to blend beverages, are soaring in trading today.
Micro-Cap in News; US Energy Initiatives Corporation (USEI)
US Energy Initiatives Corporation (PINK: USEI) this week announced that it entered into a joint venture with Bulova Tech Labs Inc. to distribute a fuel product that has been designed to replace the existing formulation of gasoline.
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Big Mover; Bio-Matrix Scientific Group Inc. (BMSN)
Bio-Matrix Scientific Group Inc. (PINK: BMSN) shares are seeing a huge rally in trading today. At last check, BMSN shares were trading 126.92% higher at $0.0059 on above average volume of 70.99 million.
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Big Mover; Zoom Technologies Inc. (ZOOM)
Shares of Zoom Technologies Inc. (NASDAQ: ZOOM), a designer, producer, marketer and seller of broadband and dial-up modems, VoIP products and services, Bluetooth wireless products and other communications-related products, are gaining momentum in early trading today after the company said that it secured significant orders from Micromax & Maxtron.
Micro-Cap in News; American Liberty Petroleum Corp. (OREO)
Shares of American Liberty Petroleum Corp. (OTC: OREO), a Bakersfield, California-based company focused on reducing America’s need for imported oil by discovering new onshore U.S. energy resources and tapping overlooked or undervalued domestic onshore resources, are marginally lower in trading currently.
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