Starbucks Beats Q3 Estimates; Lifts FY 2013 Earnings Guidance, Shares Rally (SBUX)

The world’s largest coffee chain, Starbucks Corporation (NASDAQ: SBUX) said on Friday that its fiscal third-quarter net income rose 25%, aided by robust growth in same-store sales, worldwide.

Continue reading Starbucks Beats Q3 Estimates; Lifts FY 2013 Earnings Guidance, Shares Rally (SBUX)

Micro-Caps in Focus; NanoTech Entertainment Inc. (NTEK), Epazz Inc. (EPAZ), Minerco Resources Inc. (MINE)

Shares of NanoTech Entertainment Inc. (OTC: NTEK), operating a technology company with focus on entertainment industry worldwide, soared in trading today. NTEK shares ended the day 18.52% higher at $0.0640 on above average volume of 11.40 million. The stock hit an intra-day high of $0.07 earlier today. Despite the gains in trading today, NTEK shares have fallen 7.25% in the last three trading sessions.

Continue reading Micro-Caps in Focus; NanoTech Entertainment Inc. (NTEK), Epazz Inc. (EPAZ), Minerco Resources Inc. (MINE)

Zynga Abandons Plans to Create Real Money Gaming Business in U.S.; Shares Tumble in After Hours Trading (ZNGA)

Shares of Zynga Inc. (NASDAQ: ZNGA) tumbled in afterhours trading on Thursday after the social gaming company said that it will drop its plan to create a real-money gaming business in the U.S. The company also reported its financial results for the second quarter.

Continue reading Zynga Abandons Plans to Create Real Money Gaming Business in U.S.; Shares Tumble in After Hours Trading (ZNGA)

Micro-Caps on Watch; Petron Energy II Inc. (PEII), Nuvilex Inc. (NVLX), diaDexus Inc. (DDXS)

Shares of Petron Energy II Inc. (OTC: PEII), a company engaged in the development, exploration, production and sale of oil, gas, and gas liquids in Texas and Oklahoma, saw a huge rally in trading today. The stock ended the day 525% higher at $0.0750 on above average volume of 22.80 million. It hit an intra-day high of $0.09. PEII shares have gained 814.63% in the last three trading sessions.

Continue reading Micro-Caps on Watch; Petron Energy II Inc. (PEII), Nuvilex Inc. (NVLX), diaDexus Inc. (DDXS)

Major Movers on July 25; OKE, CROX, FB, DHI, PHM, BIDU

Tulsa, Oklahoma-based diversified energy company, ONEOK Inc. (NYSE: OKE) today announced that its Board of Directors authorized the management to pursue a plan to separate the company’s natural gas distribution business into a standalone publicly traded company.

Continue reading Major Movers on July 25; OKE, CROX, FB, DHI, PHM, BIDU

Facebook Beats Q2 Estimates as Mobile Ads Revenue Soar (FB)

Shares of Facebook Inc. (NASDAQ: FB) soared in afterhours trading on Wednesday as the social networking giant’s fiscal second quarter results topped analysts’ consensus estimate, aided by rising revenue from mobile ads business. Continue reading Facebook Beats Q2 Estimates as Mobile Ads Revenue Soar (FB)

Micro-Caps on Watch; Bayside Corp. (BYSD), Soul and Vibe Interactive Inc. (SOUL), Primco Management Inc. (PMCM)

Shares of Bayside Corp. (OTC: BYSD), an early stage oil and gas development company, are seeing a huge rally in trading today. At last check, BYSD shares were trading 182.61% higher at $0.0130 on above average volume of 129.86

million. The stock hit an intra-day high of $0.02 earlier today. BYSD shares have gained nearly 240% in the last three trading sessions. Continue reading Micro-Caps on Watch; Bayside Corp. (BYSD), Soul and Vibe Interactive Inc. (SOUL), Primco Management Inc. (PMCM)

Major Movers on July 24; ILMN, PNRA, HBI, MFB

Shares of Illumina Inc. (NASDAQ: ILMN) struck a new 52-week high today after the San Diego, California-based company reported its financial results for the second quarter. Illumina, which is engaged in the development and manufacture of life science tools and integrated systems for the analysis of genetic variation and function, reported non-GAAP earnings of $0.43 per share for the quarter, compared to $0.40 per share reported for the same period in the previous year. Analysts were expecting ILMN to report earnings of $0.40 per share.

Continue reading Major Movers on July 24; ILMN, PNRA, HBI, MFB