Month: March 2013

Major Movers on March 8; P, SKUL, ANN, THO, ZQK

Pandora Media Inc. (NASDAQ: P) shares rallied on Friday after the Internet radio company, following closing bell on Thursday, reported narrow-than-expected loss in the fiscal fourth quarter and revenue which beat analysts’ consensus estimate. The Company also provided upbeat guidance on the fiscal first quarter. Separately, Company’s Chief Executive, President and Chairman, Joseph Kennedy said that he will step down from his position. The Company is in look out for successor and Kennedy will continue to lead the company until his replacement is found.

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Pandora Media Provides Upbeat Guidance on Q1, Shares Rally (P)

Shares of Pandora Media Inc. (NYSE: P) rallied over 15% on Friday after the Internet radio company late last evening reported lower-than-expected fiscal fourth-quarter loss and provided upbeat outlook on the current quarter, thanks to its growing traction. The Company said that it commands nearly 8% of total radio listening.

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Finisar Q4 Outlook In-Line With Street’s Forecast (FNSR)

Telecommunications-equipments and solutions provider, Finisar Corporation (NASDAQ: FNSR) reported late last evening that it swung into  a loss in its fiscal third quarter bottom line felt the pinch due to dip in revenue and higher expenses.

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Micro-Caps on the Move; Titan Energy Worldwide Inc. (TEWI), Independence Energy Corp. (IDNG), Medical Marijuana Inc. (MJNA)

Shares of Titan Energy Worldwide Inc. (PINK: TEWI), a company engaged in the management and sale of power generation equipment and energy management solutions to industrial, commercial, and institutional customers globally, have skyrocketed in trading today.

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Major Gainers on March 7; UPL, KEY, AFCE, JPM, AAPL

Shares of Ultra Petroleum Corp. (NYSE: UPL), an independent oil and gas company, are rallying in trading today. At last check, UPL shares were trading 8.42% higher at $18.41 on above average volume of 4.99 million. The stock hit an intra-day high of $18.44 earlier today. UPL shares have gained more than 13% in the last three trading sessions.

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Ciena Corporation Shares Surge on Q1 Results (CIEN)

Shares of Ciena Corporation (NASDAQ: CIEN), a provider of communications networking equipment, software and services that support the transport, switching, aggregation and management of voice, video and data traffic, have surged in trading today after the company reported its financial results for the first quarter ended January 31, 2013.

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Navistar International Shares Surge on Q1 Results (NAV)

Shares of Navistar International Corp. (NYSE: NAV), a manufacturer of International brand commercial and military trucks, are seeing a huge rally in trading today after the company reported its financial results for the first quarter of fiscal 2013.

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Major Movers on March 7; HOTT, SMTC, PETM, SFD, KR, CIEN, TWX

Shares of Hot Topic (NASDAQ: HOTT) skyrocketed 30% after the teen retailer said it has agreed to be taken private by private-equity firm Sycamore Partners in a deal estimated at $600 million in cash, which represents about30% premium over Wednesday’s closing price of the stock.

Continue reading Major Movers on March 7; HOTT, SMTC, PETM, SFD, KR, CIEN, TWX