Shares of casual dining chain, Chipotle Mexican Grill Inc. (NYSE: CMG) plunged 5.38% during early trade on Wednesday after it said late on Tuesday that fiscal fourth-quarter earnings would fall short of Street’s estimates, citing rising food costs even as revenue for the period is expected climbed by 17% from the year earlier quarter.
Continue reading Major Movers on January 16; CMG, RKUS, CMA, GS, AAPL, GNW
Shares of Crown Marketing (PINK: CWNM), a development-stage company engaged in the wholesale distribution of non-addictive generic pharmaceutical products to distributors, are seeing a huge rally in trading today.
Shares of Comerica Incorporated (NYSE: CMA), a financial services company, are up sharply in trading today after the company reported its fourth-quarter financial results.
For eight years social networking giant Facebook Inc. (NASDAQ: FB) enabled its users to share information, photos, status updates with their friends. As the number of users grew during the course of time, so did the data. Now, having vast pool of data, Facebook has come up with new tool, the Graph Search, which will help its 1 billion plus user base spread across the world to find and filter all those information which the user and his/her friends have shared on the Facebook.
Continue reading Facebook Unveils Its Third “Pillar”—Graph Search (FB)
Shares of Santarus Inc. (NASDAQ: SNTS), a specialty biopharmaceutical company engaged in the acquisition, development and commercialization of products that address the needs of patients treated by physician specialists, surged on Tuesday after the company received FDA approval of UCERIS™ (budesonide) for the induction of remission in patients with active, mild to moderate ulcerative colitis.
Continue reading Santarus Shares Surge on FDA Approval of UCERIS (SNTS)
Shares of Express Inc. (NYSE: EXPR), a specialty apparel and accessory retailer, are seeing a huge rally in trading today after the company raised its outlook for the fourth quarter and full year 2012.
Continue reading Express Shares Surge after Company Raises Q4 Outlook (EXPR)
Shares of Lululemon Athletica Inc. (NASDAQ: LULU) slumped on Tuesday after the yoga and athletic apparel retailer late on Monday boosted its earnings projections for fiscal fourth quarter but remained in line with Street’s estimate and missed analysts’ revenue expectations.
Continue reading Major Movers on January 15; LULU, DELL, AAPL, FRX, SNTS
Shares of Zippy Bags Inc. (OTC: ZPPB), a specialty hybrid sporting goods bag manufacturing company, are seeing a huge rally in trading today. At last check, ZPPB shares were trading 227.11% higher at $0.294 on above average volume of 7.46 million. The stock hit an intra-day high of $0.42 earlier today.
America’s largest homebuilder in terms of market capitalization, Lennar Corp. (NYSE: LEN) reported better-than-expected fiscal fourth-quarter results on Tuesday as revenue soared 42 percent during period, thanks to record low mortgage rates and contracting supply of existing homes which prompted Americans to own a new house.
Shares of Apple Inc. (NASDAQ: AAPL) slumped on Monday after a news report said that the tech giant has slashed its component orders for its latest smartphone model, iPhone5 due to weaker-than-expected demand.
Continue reading Major Movers on January 14; AAPL, RIG, HWD, FB, HGG