Shares of Marvell Technology Group Ltd. (NASDAQ: MRVL) leaped almost 5.50% in afterhours trading on Thursday after the chip maker provided upbeat outlook on the current quarter, thanks to its growing traction in hard disk drive and flash storage business.
Continue reading Marvell Technology’s Shares Rally on Upbeat Q1 Outlook (MRVL)
Shares of world’s biggest retailer, Wal-Mart Stores Inc. (NYSE: WMT) have edged higher in trading today after the company reported its fourth-quarter financial results.
Continue reading Wal-Mart Stores Shares Edge Higher after Q4 Results (WMT)
Shares of The X-Change Corporation (PINK: XCHC), a provider of nutraceuticals and cosmetics in the U.S., are soaring in trading today. At last check, XCHC shares were trading 25.71% higher at $0.220 on above average volume of 6.60 million.
Shares of Berry Petroleum Company (NYSE: BRY), an independent energy company engaged in production, development, exploitation and acquisition of oil and natural gas, are seeing a huge rally in trading today after the company agreed to be acquired by Linn Energy LLC (NASDAQ: LINE) in all stock transaction valued at $4.3 billion.
Continue reading Major Movers on February 21; BRY, LINE, AWAY, PAY, PEGA
Shares of Tesla Motor Inc. (NASDAQ: TSLA) slumped 6% in aftermarket trading on Wednesday after the electric car maker said that its fourth-quarter losses widened, citing higher manufacturing and sales expenses; however the Company highlighted that production of its key standard Model S, battery-powered Sedans was running at the rate of 20,000 units annually.
Continue reading Tesla’s Losses Widen inQ4; More Cost Cutting in 2013 Says CEO Elon Musk (TSLA)
Although SINA Corp. (NASDAQ: SINA) reported that its fiscal fourth-quarter profit fell by 75% from the year-earlier quarter due to sluggish advertising revenue growth at its microblogging service Weibo and some investment decisions that went astray, shares climbed on Wednesday as results topped analysts’ estimations.
Continue reading SINA Corp.’s Q4 Results Beat Estimates (SINA)
Shares of Axiologix Inc. (PINK: AXLX), an International Technology and Services Organization delivering cloud-based products and services to small and medium sized businesses mainly in the U.S., are seeing a huge rally in trading today.
Shares of Toll Brothers Inc. (NYSE: TOL), a Horsham, Pennsylvania-based company engaged in designing, building, marketing and arranging financing for single-family detached and attached homes in luxury residential commodities, are down sharply in trading today even as the company swung to a profit in its fiscal first quarter.
Continue reading Major Movers on February 20; TOL, DELL, SINA, CDE, JOY
Pharmacy benefits provider Express Scripts Holdings Co. (NASDAQ: ESRX) reported on Tuesday that its fiscal fourth-quarter earnings leaped 74%, thanks to its acquisition of Medco Health Solution in last April. Express Script also boosted its outlook on fiscal 2013 earnings, dispelling investors’ concerns over lower pace on earnings growth.
Continue reading Express Scripts’ Q4 Earnings Soar 74% (ESRX)
Shares of Rarus Technologies Inc. (PINK: RARS), a development stage company operating a social media platform, are seeing a huge rally in trading today. At last check, RARS shares were trading 320.45% higher at $0.0185 on above average volume of 20.52 million.