Shares of Blackberry (formerly known as Research in Motion) (NASDAQ: BBRY) edged up on Thursday after the embattled smartphone maker reported surprise profit for the fiscal fourth quarter, thanks partially to its latest launch of generation next Z10 models, which helped boosting top line. Still, revenue fell short of Street’s expectation while users’ base also contracted.
Continue reading Blackeberry Posts Surprise Q4 Profit, Shares Gain (BBRY)
Shares of Five Below Inc. (NASDAQ: FIVE) slumped in early trade after the discount retailer, which focuses on teenagers and preteen consumers, late last evening, provided downbeat guidance on the current fiscal year. However, fiscal fourth quarter results edged past analysts’ estimations.
Continue reading Major Movers on March 28; FIVE, PVH, BBRY, BIIB
Shares of ITonis Inc. (PINK: ITNS) are soaring in trading today. At last check, ITNS shares were trading 14.81% higher at $0.0062 on above average volume of 145.66 million. The stock touched an intra-day high of $0.01 earlier today. Despite the rally today, ITNS shares have fallen more than 4.60% in the last three trading sessions.
Marsh & McLennan Companies Inc. (NYSE: MMC) director, Lloyd Yates, last Friday bought 4,000 shares of MMC common stock, according to a filing made with the SEC.
Continue reading Marsh & McLennan Companies Director Buys 4,000 Shares (MMC)
Shares of Biogen Idec Inc. (NASDAQ: BIIB) gained in premarket hours on Thursday after the FDA said late on Wednesday that it has approved the biotechnology Company’s new multiple sclerosis drug, Tecfidera.
Continue reading FDA Approves Biogen Idec’s Potential Blockbuster Treatment for MS (BIIB)
Shares of Genworth Financial Inc. (NYSE: GNW) edged up in afterhours trading on Wednesday after the life insurer and mortgage underwriter announced that it agreed to offload its wealth management unit and alternative investment business to a partnership venture of Aquiline Capital Partners LLC and Genstar Capital LLC in deal estimated at $412.5 million.
Continue reading Genworth Financial to Sell its Wealth-Management Business (GNW)
Shares of Creative Edge Nutrition Inc. (PINK: FITX), a company engaged in the development of health oriented nutrition products, are rallying in trading today. At last check, the stock was trading 15.05% higher at $0.0107 on above average volume of 167.86 million. The stock has gained more than 84% in the last three trading sessions.
Social networking giant, Facebook Inc. (NASDAQ: FB), which boasts to have 1 billion subscribers, said through an email statement that number of people playing games on its services have jumped 24% in last twelve months, adding that desktop game users are now more than 250 million, up from 235 million in October. Facebook said it shelled out $2 billion to developers in 2012.
Continue reading More Than 250 Million People Play Games on Facebook Site Every Month: Facebook (FB)
Shares of Lindsay Corp. (NYSE: LNN) tumbled after the Company warned that orders for its equipments could drop due if prices of crops fall. The Company said that if US harvests turn out to be as strong as anticipated by some commentators then it could have adverse impact on its top line. The company said that until now it benefitted from “positive farmer sentiment” and “historical high farm incomes”
Continue reading Major Movers on March 27; LNN, CLF, AOL, FRAN, MFRM, SAI
Science Applications International Corp., (SAIC Inc.) (NYSE: SAI) reported mixed fiscal fourth-quarter results late on Tuesday and provided cautious guidance on the current fiscal year; however, shares leaped about 4.20% in aftermarket hours after the multi industry solution provider announced a special dividend of $1 a share.
Continue reading SAIC Announces Special Dividend of $1 a Share, Q4 Results and Outlook Mixed (SAI)