Shares of Fast food chain, Yum! Brands Inc. (NYSE: YUM) gained on Friday after equity research analysts at UBS AG upgraded the stock to “buy” from “neutral”.
Month: June 2013
Micro-Caps on the Move; Raystream Inc. (RAYS), Jammin Java Corp. (JAMN), Nano-Tech Entertainment Inc. (NTEK)
Shares of Raystream Inc. (OTC: RAYS), a technology company providing video compression services in the U.S. and internationally, are seeing a huge rally in trading today. At last check, RAYS shares were trading 51.32% higher at $0.0115 on above average volume of 81.10 million. RAYS shares have gained nearly 1630% in the last three trading sessions.
Cooper Companies Q3 Profit up 37% (COO)
The Cooper Companies Inc. (NYSE: COO) reported late on Thursday that fiscal third quarter income soared 37% as the bottom line was boosted by fatter margins and improved sales. Shares gained about 2.50% in extended trading hours as adjusted earnings edged past Street’s estimate. However, revenue missed expectation.
Major Movers on June 6; ASNA, QIWIQ, FRAN, PAY, CIEN
Shares of Ascena Retail Group Inc. (NASDAQ: ASNA) slumped about 10.30% by afternoon trade. The specialty retailer missed analysts’ estimates for the fiscal third quarter. Ascena Retail said on Wednesday that it earned (non-GAAP income) 26 cents a share compared to 34 cents a share, in the year earlier quarter. Net sales jumped 46% to $1.14 billion from $783 million, in the year-earlier quarter. Revenue was boosted by recently acquired Lane Bryant and Catherines businesses. Analysts surveyed by Thomson Reuters were expecting earnings of 30 cents a share on revenue of $1.17. The Company reiterated its full-year earnings guidance of $1.10 to $1.15 a share.
Continue reading Major Movers on June 6; ASNA, QIWIQ, FRAN, PAY, CIEN
Micro-Caps on Watch; Easton Pharmaceuticals Inc. (EAPH), Xumanii (XUII), Biozoom Inc. (BIZM)
Shares of Easton Pharmaceuticals Inc. (OTC: EAPH), a specialty pharmaceutical company engaged in the design, development, and marketing of various topically delivered therapeutic health care products, are seeing a huge rally in trading today. At last check, EAPH shares were trading 102.46% higher at $0.0247 on above average volume of 15.56 million. The stock hit an intra-day high of $0.03. EAPH shares have gained nearly 207.70% in the last three trading sessions.
Ciena Provides Upbeat Q3 Revenue Guidance (CIEN)
Networking equipment and software solutions provider, Ciena Corporation (NASDAQ: CIEN) said on Thursday that fiscal second quarter loss narrowed, aided by higher revenue and improved gross margin.
Continue reading Ciena Provides Upbeat Q3 Revenue Guidance (CIEN)
Endo Health to Cut Jobs, To Explore Strategic Options (ENDP)
Endo Health Solutions Inc. (NASDAQ: ENDP) said on Wednesday that it will slash its global staff by 15% and look for strategic alternatives to sale part of its business (HealthTronics), in order to focus on its core businesses. Continue reading Endo Health to Cut Jobs, To Explore Strategic Options (ENDP)
Major Movers on June 5; MFRM, CYBX, RES, AMBA, JNPR, BBBY
Shares of Mattress Firm Holding Corp. (NASDAQ: MFRM) jumped about 6.90% by afternoon trade. The bedding company, late last evening, said that fiscal first quarter profit rose, driven by a solid revenue growth and handed better-than-expected earnings as well as revenue. Mattress Firm also reaffirmed its full-year earnings and revenue outlook.
Continue reading Major Movers on June 5; MFRM, CYBX, RES, AMBA, JNPR, BBBY
Cyberonics Tops Q4 Estimates, Provides Upbeat Guidance for New Fiscal Year (CYBX)
Shares of Cyberonics Inc. (NASDAQ: CYBX) rallied on Wednesday after the medical device maker reported that fiscal fourth quarter income jumped 8.1%, driven by improved sales.
Continue reading Cyberonics Tops Q4 Estimates, Provides Upbeat Guidance for New Fiscal Year (CYBX)
Micro-Caps on the Move; RJD Green Inc. (RJDG), Nostra Energy Inc. (NORX), Naturalnano Inc. (NNAN)
Shares of RJD Green Inc. (OTC: RJDG), a development stage company planning to design and develop online directory for green building supplies, green builders, appliances, and other green technologies for home building, are seeing a huge rally in trading today. At last check, RJDG shares were trading 109% higher at $0.209 on above average volume of 7.99 million. The stock hit an all-time high of $0.25 earlier today.