Occidental Petroleum Corporation (NYSE: OXY) director Margaret Foran last week bought 1,000 shares of OXY common stock at $90.29 per share, according to a SEC filing.
Continue reading Occidental Petroleum Director Buys 1,000 Shares (OXY)
Month: May 2013
Micro-Caps on the Move; Parks! America Inc. (PRKA), Advanced Cell Technology Inc. (ACTC), Multi-Corp International Inc. (MULI)
Shares of Parks! America Inc. (OTC: PRKA), a company engaged in the acquisition, development and operating of local and regional theme parks and attractions in the U.S., are seeing a huge rally in trading today. At last check, PRKA shares were trading 100% higher at $0.0500 on above average volume of 3.28 million. The stock hit a 52-week high of $0.20 earlier today.
Chinese Meat Producer Shuanghui to Acquire Smithfield Foods (SFD)
Shares of Smithfield Foods Inc. (NYSE: SFD) skyrocketed on Wednesday after Chinese food processing company Shuanghui International also referred to as Shineway, said that it will acquire the world’s biggest pork producer in deal estimated at about $4.7 billion. The acquisition is by far the biggest ever done by a Chinese Company in the U.S.
Continue reading Chinese Meat Producer Shuanghui to Acquire Smithfield Foods (SFD)
Wet Seal Swings into Profit in Q1, Guidance for Q2 Upbeat (WTSL)
Shares of the Wet Seal Inc. (NASDAQ: WTSL) rallied in afterhours trading on Tuesday after the female specialty apparel and accessories maker reported that it swung into a profit in its fiscal first quarter, driven by wider margin and lower expenses.
Continue reading Wet Seal Swings into Profit in Q1, Guidance for Q2 Upbeat (WTSL)
Major Movers on May 28; TIF, EXC, VRX, FE, TRLA, TSLA
Shares of Tiffany & Co. (NYSE: TIF) climbed about 4% by afternoon trade on Tuesday after the luxury jewelry maker reported better-than-expected fiscal first quarter results, led by strong growth in international markets. For the fiscal first quarter ended April 30, the Company reported adjusted earnings of $89 million or 70 cents a share. Sales during the period rose 9.3% to $895.5 million (excluding the impact of foreign exchange fluctuation, sales jumped 13%).
Continue reading Major Movers on May 28; TIF, EXC, VRX, FE, TRLA, TSLA
Valeant Pharmaceuticals to Acquire Bausch & Lomb (VRX)
Canadian drug- maker, Valeant Pharmaceuticals International Inc. (NYSE: VRX) announced on Monday that it has agreed to buy Bausch & Lomb from Warbug Pincus in an all-cash deal estimated at $8.7 billion, a move which is expected to help the company to gain traction in global ophthalmic pharmaceutical market.
Continue reading Valeant Pharmaceuticals to Acquire Bausch & Lomb (VRX)
Micro-Caps on Watch; Trulan Resources Inc. (TRLR), Triad Guaranty Inc. (TGIC), Applied DNA Sciences Inc. (APDN)
Shares of Trulan Resources Inc. (OTC: TRLR), an exploration and mining development company, are seeing a huge rally in trading today. At last check, TRLR shares were trading 46.15% higher at $0.0266 on above average volume of 21.12 million. The stock hit an intra-day high of $0.03 earlier today. TRLR shares have gained over 111.40% in the last three trading sessions.
Major Movers on May 24; CRM, ARO, ANF, DF, SHLD, BLOX
Shares of Salesforce.com Inc. (NYSE: CRM) slumped about 8% by afternoon trade. The cloud software maker reported fiscal first quarter results late on Thursday. Even though non-GAAP earnings were in-line with estimate and revenue topped expectation, investors were disappointed due to sequential decline in deferred revenue and earnings guidance for the current quarter. Deferred revenue is a key gauge for future orders as the Company follows subscription based business model. Net loss also widened in the first quarter as higher interest expenses and operating costs put pressure on the bottom line.
Continue reading Major Movers on May 24; CRM, ARO, ANF, DF, SHLD, BLOX
Infoblox Rally after Q3 Results and FY 2013 Revenue Guidance (BLOX)
Shares of Infoblox Inc. (NYSE: BLOX) rallied on Friday after the automated network controller, late last evening reported better-than-expected earnings and revenue for the fiscal third quarter and provided upbeat guidance for the current quarter.
Continue reading Infoblox Rally after Q3 Results and FY 2013 Revenue Guidance (BLOX)
Micro-Caps on Watch; Xumanii (XUII), SK3 Group Inc. (SKTO), Quantum International Corp. (QUAN)
Shares of Xumanii (OTC: XUII), an all-inclusive online platform that provides users the opportunity to create a “Live Broadcast” in true High Definition, are climbing in trading today. At last check, XUII shares were trading 7.81% higher at $0.3450 on volume of 4.49 million. The stock hit an intra-day high of $0.3750.