Ever since LinkedIn Corp. (NYSE: LNKD) went public two years ago, its quarterly results or outlook never disappointed investors with shares often rallying after the earnings releases.
Continue reading LinkedIn Revenue Guidance Disappoints, Shares Tumble in Extended Hours (LNKD)
Shares of Yelp Inc. (NYSE: YELP) catapulted 25% by afternoon trade after the online business and restaurant reviewer posted better-than-expected revenue for the fiscal first quarter, late last evening. The Company also provided optimistic guidance for the full-year fiscal. Loss per share however was slightly higher than Wall Street’s estimate.
Continue reading Major Movers on May 2; YELP, V, FB, BEAM, CI
Shares of Northumberland Resources Inc. (OTC: NHUR), an exploration stage company engaged in the exploration and production of oil and gas in the U.S., are climbing in trading today. At last check, NHUR shares were trading 11.58% higher at $1.06 on above average volume of 595,826. The stock hit an all-time high of $1.07 earlier today. NHUR shares have gained nearly 50% in the last three trading sessions.
Becton, Dickinson and Co. (NYSE: BDX) reported on Thursday that fiscal second-quarter earnings fell 5.3% as the Company’s bottom line was weighed down new medical device tax.
Social networking giant Facebook Inc. (NASDAQ: FB) reported better-than-expected revenue for the fiscal first quarter on Wednesday, thanks to rising revenue from mobile advertising.
Continue reading Facebook Reports Strong Growth in Mobile Advertising Revenue for Q1 (FB)
Shares of DreamWorks Animation Skg Inc. (NASDAQ:DWA) gained about 6.85% by afternoon trade after the studio following the closing bell on Tuesday surprised the street by posting fiscal first quarter profit and handed revenue which comfortably edged past consensus estimate. For the recently concluded quarter, DreamWorks reported net income of $5.6 million or 7 cents a share against profit of $9.1 million or 11 cents a share, in the year-earlier quarter. Revenue for the period came at $135 million compared to $136.1 million, in the same period of last fiscal. Analysts were expecting a loss of 3 cents a share on revenue of $99 million.
Continue reading Major Movers on May 1; DWA, HUM, PCS, TRLA, REGN, RATE
Humana Inc. (NYSE: HUM) reported better-than-expected fiscal first quarter earnings on Wednesday; however, the Company said it was bothered about 2014, when lower government rates for private Medicare insurance would come into effect.
Continue reading Humana Boosts Full-year Earnings Guidance (HUM)
Shares of Xumanii (OTC: XUII) are seeing a huge rally in trading today. At last check, XUII shares were trading 177% higher at $0.277 on above average volume of 32.40 million. The stock hit an all-time high of $0.29.
Continue reading Micro-Caps on Watch; Xumanii (XUII), iTalk Inc. (TALK), OBJ Enterprises Inc. (OBJE)
The Western Union Co. (NYSE: WU) reported on Tuesday that it net income fell 14% in the fiscal first quarter as revenue declined due to lower transaction fees. However, the financial services company said that it was optimistic about better revenue and profit growth in fiscal 2014 and maintained its outlook on the current year, citing ongoing improvement in its money transfer business.
Continue reading Western Union Maintains Outlook on the Current Fiscal Year (WU)