Akamai Technologies Inc. (NASDAQ: AKAM) CEO F. Thomson Leighton recently bought $1.0425 million worth of AKAM common stock.
Month: March 2013
Zynga Re-Launches Website (ZNGA)
In a move which is seen as a significant step towards independence from Facebook Inc. (NASDAQ: FB), social game maker, Zynga Inc (NASDAQ: ZNGA) re-launched its website, Zynga.com on Thursday.
Lululemon Beats Q4 Estimates but Outlook weighed by Product Recall (LULU)
Athletic and yoga pant maker, Lululemon Athletica Inc. (NASDAQ: LULU) reported better-than-expected fiscal fourth quarter earnings and revenue on Thursday; nonetheless, the Company warned that fiscal first quarter and full-year results will feel the pinch due to a product recall.
Continue reading Lululemon Beats Q4 Estimates but Outlook weighed by Product Recall (LULU)
Micro-Caps on Watch; M Line Holdings Inc. (MLHC), Goff Corp. (GOFF), Lot78 Inc. (LOTE)
Shares of M Line Holdings Inc. (PINK: MLHC), a provider of various products and services to the machine tool industry in the U.S., are seeing a huge rally in trading today. At last check, MLHC shares were trading 404.90% higher at $0.103 on above average volume of 3.31 million. The stock hit a 52-week high of $0.28 earlier today.
Major Movers on March 21; ORCL, GES, LULU, YHOO, KBH
Shares of Oracle Corporation (NASDAQ: ORCL) were hammered in premarket trading. The enterprise software handed lower-than-expected fiscal third quarter earnings and revenue, late last evening.
Continue reading Major Movers on March 21; ORCL, GES, LULU, YHOO, KBH
Zynga Downgraded by BofA Merrill Lynch to “Neutral” from “Buy” (ZNGA)
Shares of Zynga Inc. (NASDAQ: ZNGA) slumped about 4% on Wednesday after Justin Post, an analyst at Bank of America Merrill Lynch slashed rating on the social game maker’s stock to “neutral” from “buy”, citing “less valuation upside”.
Continue reading Zynga Downgraded by BofA Merrill Lynch to “Neutral” from “Buy” (ZNGA)
Lennar Beats Q1 Estimates, Orders and Backlogs See Staggering Growth (LEN)
Shares of home builder, Lennar Corporation (NYSE: LEN) gained on Wednesday after the company reported fiscal first-quarter results which comfortably beat Street’s estimates as revenue soared thanks to increase in home deliveries and higher home prices in the backdrop of significantly improving housing market. Orders and backlog, two most important gauges on homebuilding sector as they indicate future business, also posted a double digit growth.
Continue reading Lennar Beats Q1 Estimates, Orders and Backlogs See Staggering Growth (LEN)
Major Movers on March 20; FRAN, FDX, GIS, WSM, ADBE
Shares of Francesca’s Holdings Corp. (NASDAQ: FRAN) rallied on Wednesday after the boutique chain, late last evening, reported better-than-expected fiscal fourth results and provided guidance on the current quarter and full-year which matched Street’s estimates.
Continue reading Major Movers on March 20; FRAN, FDX, GIS, WSM, ADBE
Micro-Caps on the Move; Freddie Mac (FMCC), Liquidmetal Technologies Inc. (LQMT), CYIOS Corporation Inc. (CYIO)
Shares of Freddie Mac (OTC: FMCC), a government-sponsored enterprise conducting business in the U.S. residential mortgage market and the worldwide securities market, have risen sharply in trading today. At last check, FMCC shares were trading 21.43% higher at $0.850 on above average volume of 12.84 million. The stock hit a 52-week high of $0.88 earlier today. FMCC shares have gained more than 108% in the last three trading sessions.
Micro-Caps in Focus; Fannie Mae (FNMA), Titan Pharmaceuticals Inc. (TTNP), Medical Marijuana Inc.0 (MJNA)
Shares of Fannie Mae (OTC: FNMA), a government-sponsored enterprise providing liquidity and stability in the secondary mortgage market, are soaring in trading today. At last check, FNMA shares were trading 22.14% higher at $0.877 on above average volume of 20.25 million. The stock hit a 52-week high of $0.98 earlier today. FNMA shares have gained more than 122% in the last three trading sessions.