Shares of Groupon Inc. (NASDAQ: GRPN) rallied on Wednesday after Sterne Agee upgraded the daily deal site’s stock to “buy” from “neutral” and set a price target of $9, citing belief in the company’s ability to expand its efforts especially in overseas markets along with mobile computing amid easing competition and attractive valuation.
Continue reading Groupon Rallies After Sterne Agee Upgrade (GRPN)
Shares of Cannabis Science Inc. (PINK: CBIS), a medical marijuana company, are soaring in trading today. At last check, CBIS shares were trading 13.77% higher at $0.0909 on volume of 9.08 million.
Shares of Proto Labs Inc. (NYSE: PRLB), a manufacturer of computer numerical machined and plastic injection modeled parts, are seeing a huge rally in trading today after the company reported strong fourth-quarter financial results.
Continue reading Major Movers on February 13; PRLB, Z, RAX, CLF, WCG
Deere & Company (NYSE: DE) reported higher than expected fiscal first-quarter earnings and revenue on Wednesday and raised its outlook on fiscal 2013 earnings as the world’s largest agricultural equipment supplier anticipates strong demand for its products in coming quarters as farmers in the U.S. are likely to sow huge amounts of corn and soybeans seeds this year after witnessing worst drought in the U.S. Midwest in 56 years in last summer.
Continue reading Deere & Company Comfortably Beats Street’s Q1 Estimates, Outlook Upbeat (DE)
Yum Brands Inc. (NYSE: YUM) Director Robert Walters last week bought 35,000 shares of YUM common stock at an average price of $61.94 per share.
Continue reading Yum Brands Director Buys 35,000 Shares (YUM)
Comcast Corp. (NASDAQ: CMCSA), on Tuesday, announced that it will acquire remaining 49% equity stake from General Electric Co. (NYSE: GE) in their NBC Universal joint-venture, which it does not already own, for about $16.7 billion.
Shares of Odyssey Pictures Corporation (PINK: OPIX), a developer, producer, marketer and distributor of films and DVDs, are seeing a huge rally in trading today.
Shares of MediSwipe Inc. (PINK: MWIP), a provider of transaction processing and security solutions for the medical and healthcare industries in the U.S. and internationally, are up sharply in trading today.
Shares of Avon Products Inc. (NYSE: AVP), a manufacturer and marketer of beauty and related products, are seeing a huge rally in trading today after the company reported better-than-expected fourth-quarter results.
Continue reading Major Movers on February 12; AVP, MAS, LVLT, VAL, KORS
High-end apparel retailer, Michael Kors Holdings Ltd. (NYSE: KORS) reported on Tuesday fiscal third-quarter results that comfortably edged past its own forecast thanks to robust same-store-sales in the holiday-season quarter in the North America as well in Europe.
Continue reading Michael Kors Reports Solid Fiscal Q3 Results (KORS)