Shares of Red Giant Entertainment Inc. (PINK: REDG), a printer, publisher and seller of comic books, rallied in trading today. REDG shares ended the day 21.82% higher at $0.0201 on above average volume of 34.14 million. The stock hit an intra-day high of $0.03.
Month: March 2013
Supervalu to Cut About 1,110 Jobs, Shares Rally (SVU)
Shares of beleaguered supermarket chain, Supervalu Inc. (NYSE: SVU) rallied on Tuesday after the Company said it will cut 1,100 or 3% of its workforce nationwide as it looks to trim its store network.
Continue reading Supervalu to Cut About 1,110 Jobs, Shares Rally (SVU)
Major Movers on March 26; SONC, BRP, NFLX, PLCE, ZIOP, SVU, RFMD
Shares of Sonic Corporation (NASDAQ:SONC) rallied after the drive-in restaurant chain, late last evening reported fiscal second quarter non-GAAP earnings which came in-line with Street’s expectation as expenses fell. Revenue however fell marginally short of Street’s expectation.
Continue reading Major Movers on March 26; SONC, BRP, NFLX, PLCE, ZIOP, SVU, RFMD
Regulators Approve NASDAQ OMX’s Compensation Plan over Facebook’s Botched IPO (FB)
U.S. regulator, the Securities and Exchange Commission, (SEC) on Monday agreed to NASDAQ OMX Group’s $62 million compensation plan meant for brokerage firms that lost money during Facebook Inc’s (NASDAQ: FB) botched IPO at the NASDAQ stock exchange on May 18, last year.
Continue reading Regulators Approve NASDAQ OMX’s Compensation Plan over Facebook’s Botched IPO (FB)
Major Movers on March 25; VECO, APOL, KWK, BBRY, JASO, IDIX, RHT, FB, VHS
Shares of Veeco Instruments Inc. (NASDAQ:VECO) rallied on Monday after analysts at Canaccord Genuity boosted their rating on the stock to “buy” from “sell”, citing that LED market has bottomed out and stock offers attractive valuation.
Continue reading Major Movers on March 25; VECO, APOL, KWK, BBRY, JASO, IDIX, RHT, FB, VHS
Apollo’s Q2 Profit Plunges 79% But Shares Rally (APOL)
Although Apollo Group Inc. (NASDAQ: APOL) reported that fiscal second-quarter profit slumped 79% as enrollments fell, shares of the for-profit education company rallied on Monday as it handed better-than-expected non-GAAP earnings and revenue.
Continue reading Apollo’s Q2 Profit Plunges 79% But Shares Rally (APOL)
Micro-Caps on Watch; A123 Systems Inc. (AONEQ), Seven Arts Entertainment Inc. (SAPX), Resource Ventures Inc. (REVI)
Shares of A123 Systems Inc. (PINK: AONEQ), a designer, developer, manufacturer and seller of rechargeable lithium-ion and energy storage systems, are soaring in trading today. At last check, AONEQ shares were trading 17.86% higher at $0.0330 on above average volume of 16.26 million. The stock hit an intra-day high of $0.04 earlier today. AONEQ shares have gained 32% in the last three trading sessions.
Major Movers on March 22; NKE, TIBX, MU, TECD, MDLZ, TIF
Shares of Nike Inc. (NYSE: NKE) rallied by afternoon trade after the sports apparel and footwear maker reported better-than-expected fiscal third quarter results, late last evening.
Continue reading Major Movers on March 22; NKE, TIBX, MU, TECD, MDLZ, TIF
Micro-Caps on the Move; Titan Pharmaceuticals Inc. (TTNP), SK3 Group Inc. (SKTO), Bio-Matrix Scientific Group Inc. (BMSN)
Shares of Titan Pharmaceuticals Inc. (OTC: TTNP), a biopharmaceutical company engaged in the development of proprietary therapeutics for the treatment of serious medical disorders in the U.S., are soaring in trading today. At last check, TTNP shares were trading 34.88% higher at $1.66 on above average volume of 3.45 million. The stock hit an intra-day high of $1.90. TTNP shares have gained more than 38% in the last three trading sessions.
Tiffany’s Q4 Results Beat Estimates, Outlook Upbeat (TIF)
Shares of Tiffany & Co. (NYSE: TIF) edged up on Friday after the high-end Jewelry maker reported better-than-expected results thanks to robust revenue growth in Asia.
Continue reading Tiffany’s Q4 Results Beat Estimates, Outlook Upbeat (TIF)