Shares of Celgene Corporation (NASDAQ: CELG), a global biopharmaceutical company engaged in the discovery, development and commercialization of therapies designed to treat cancer and immune-inflammatory related diseases, have edged higher in pre-market trading today after the company’s POMALYST® was approved by the U.S. Food and Drug Administration (FDA).
Continue reading Celgene Shares Gain after FDA Approval for POMALYST® (CELG)
Analytic data solutions provider, Teradata Corporation (NYSE: TDC) reported 15% jump in fiscal fourth-quarter earnings, thanks to strong revenue growth in Europe, the Middle East and Africa but shares fell on Thursday after the company said that revenue growth in fiscal 2013 is likely to slow down.
Continue reading Teradata Corp.’s Q4 Results Edge Past Street’s Estimate, Outlook Lackluster (TDC)
AOL Inc. (NYSE: AOL) reported 57% jump in fourth-quarter earnings and first revenue growth on year-on-year basis, in last eight years thanks to strong growth in search and third party network advertising sales, underpinning the fact that AOL’s quest to become more of an ad-driven digital media company is paying rich dividends.
Shares of Medical Marijuana Inc. (PINK: MJNA), a company engaged in the medical marijuana and industrial hemp markets, are soaring in trading today.
Shares of LinkedIn Corp. (NYSE: LNKD), a professional network on the Internet, are soaring in trading today after the company reported better-than-expected fourth-quarter earnings, driven by an 81% increase in revenue.
Continue reading Major Movers on February 8; LNKD, CZR, NUAN, RVBD
One of the very few bright spots in rather struggling social media and networking sector, LinkedIn Corp. (NYSE: LNKD) announced fiscal fourth-quarter results late on Thursday—and once again it did not fail to surprise the Wall Street. The Professional networking site, which was founded by former Paypal employees in 2002, comfortably beat analysts’ consensus estimate—for the seventh time in a row.
Continue reading LinkedIn Continues to Surprise the Street, Gives Upbeat Outlook (LNKD)
Shares of Primco Management Inc. (OTC: PMCM), a development stage company offering real estate management services, are soaring in trading today. At last check, PMCM shares were trading 33.33% higher at $0.200 on above average volume of 10.39 million. The stock hit an intra-day high of $0.23. Despite the rally today, PMCM shares have fallen 20% in the last three trading sessions.
Shares of ViaSat Inc. (NASDAQ: VSAT), a provider of high-speed fixed and mobile broadband services, advanced satellite and wireless networks and secure networking systems, products and services, are seeing a huge rally in trading today after the company reported its third-quarter financial results.
Continue reading Major Movers on February 7; VSAT, AKAM, ATML, DV, BG, ORLY
U.S’s third largest wireless carrier, Sprint Nextel Corp. (NYSE: S) reported wider-than-expected losses for the fiscal fourth quarter as it kept losing subscribers while huge charge related to the shuttering down of its Nextel Network also dented the bottom line.
Continue reading Sprint Nextel’s Q4 Revenue Climbs But Losses Widen (S)
Despite Yelp Inc.’s (NYSE : YELP) revenue in the fiscal fourth quarter jumped 65 percent, shares fell almost 3 percent in aftermarket trading on Wednesday as online directory services provider’s marketing costs leaped 59 percent leading to higher-than-expected losses.
Continue reading Yelp Q4 Revenue Beats Forecast, But Rising Marketing Costs Undermine Profits