Month: December 2012

Major Movers on December 5; FCX, PXP, MMR, AAPL, C, MFRM, P, CHTP

Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) shares plummeted nearly 14 percent on Wednesday after the company announced that it will acquire Plains Exploration & Production (NYSE: PXP) and McMoRan Exploration (NYSE: MMR)  in two separate deals estimated at $9 billion both in cash and stocks, as the company looks to expand its traction in energy sector. The deal would create a company with gold, oil and natural gas assets across the world.

Continue reading Major Movers on December 5; FCX, PXP, MMR, AAPL, C, MFRM, P, CHTP

Micro-Caps on the Move; Pub Crawl Holdings Inc. (PBCW), eLayaway Inc. (ELAY), USA Graphite Inc. (USGT)

Shares of Pub Crawl Holdings Inc. (OTC: PBCW) are up sharply in trading today. At last check, PBCW shares were trading 2.04% higher at $0.155 on volume of 6.28 million. The stock hit an intra-day high of $0.17 in trading today. PBCW shares have gained more than 210% in the last three trading sessions.

Continue reading Micro-Caps on the Move; Pub Crawl Holdings Inc. (PBCW), eLayaway Inc. (ELAY), USA Graphite Inc. (USGT)

Francesca’s Holdings Shares Surge on Q3 Results (FRAN)

Shares of Francesca’s Holdings Corp. (NASDAQ: FRAN) leaped nearly 10% in pre-market trading after the boutique chain reported better-than-expected fiscal third quarter earnings thanks to stronger demand for  its high-margin products.  The Company also raised its outlook on full-year earnings.

Continue reading Francesca’s Holdings Shares Surge on Q3 Results (FRAN)

Brown-Forman Reports Q2 Results, Raises Full Year Outlook (BF.B)

Brown-Forman Corporation (NYSE: BF.B), a manufacturer, bottler, importer, exporter and marketer of a range of alcoholic beverage brands, today, reported that its second-quarter profit rose due to cost cuts and higher prices. The company also raised its full-year earnings outlook.

Continue reading Brown-Forman Reports Q2 Results, Raises Full Year Outlook (BF.B)

Micro-Caps in Focus; Amarantus BioSciences Inc. (AMBS), Medical Marijuana Inc. (MJNA), Cellceutix Corp. (CTIX)

Shares of Amarantus BioSciences Inc. (OTC: AMBS), a development stage biotechnology company engaged in the discovery and development of therapeutic proteins and biologics for the treatment of Parkinson’s disease, traumatic brain injury (TBI) and other human diseases, are rallying in trading today.

Continue reading Micro-Caps in Focus; Amarantus BioSciences Inc. (AMBS), Medical Marijuana Inc. (MJNA), Cellceutix Corp. (CTIX)

Micro-Caps on the Move; Psychic Friends Network Inc. (PFNI), National Graphite Corp. (NGRC), Bebida Beverage Company (BBDA).

Shares of Psychic Friends Network Inc. (OTC: PFNI), a marketing and entertainment company providing on-demand psychic advice as well as daily and weekly horoscopes, are soaring in trading today.

Continue reading Micro-Caps on the Move; Psychic Friends Network Inc. (PFNI), National Graphite Corp. (NGRC), Bebida Beverage Company (BBDA).

Major Movers on December 4; GALE, PBY, MTN, GERN, DRI

Galena Biopharma Inc (NASDAQ: GALE) shares rallied on Tuesday after the company  announced that it has signed an agreement with a subsidiary of Teva Pharmaceutical Industries Limited for the commercialization of NeuVax nelipepimut- in Israel.

Continue reading Major Movers on December 4; GALE, PBY, MTN, GERN, DRI

Big Lots Reports Lighter-Than-Expected Q3 Loss (BIG)

Closeout retailer Big Lots Inc (NYSE: BIG) swung into losses in the fiscal third-quarter as decline in margins along with flagging sales hurt company’s top line and bottom line; however, shares  climbed nearly 7.5% in premarket trading as losses were lighter-than-expected.

Continue reading Big Lots Reports Lighter-Than-Expected Q3 Loss (BIG)

Toll Brothers Shares Gain on Q4 Result (TOL)

Shares of Toll Brothers Inc. (NYSE: TOL) have edged higher in trading today after the homebuilder reported its fourth-quarter financial results. The company’s fourth-quarter profit jumped thanks to a large tax benefit. TOL’s results have once again highlighted the fact that the housing market is seeing a strong recovery.

Continue reading Toll Brothers Shares Gain on Q4 Result (TOL)

Major Movers on December 3; GMCR, DECK, SVU, HMA, DELL, VZ

Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) shares gained almost 4% after Lazard raised its price target on the stock to $56 from $42. The stock has plunged almost 35% in the last year; however, most of analysts have maintained a positive outlook on the company.

Continue reading Major Movers on December 3; GMCR, DECK, SVU, HMA, DELL, VZ