Month: July 2013

Major Movers on July 23; NFLX, USU, UTX, AAPL

Shares of Netflix Inc. (NASDAQ: NFLX) have fallen sharply in trading today after the Los Gatos, California-based company reported that it added less-than-forecast subscribers in the U.S. during the second quarter. NFLX added 630,000 subscribers in the U.S. during the quarter ended June 30, 2013. The company ended the quarter with 28.6 million U.S. subscribers, which fell short of consensus forecast of 29.9 million. Looking ahead, the company expects to add 690,000 to 1.49 million new streaming customers in the U.S. in the third quarter.

Continue reading Major Movers on July 23; NFLX, USU, UTX, AAPL

Micro-Caps in Focus; Premier Brands Inc. (BRND), Resource Ventures (REVI), Novus Robotics Inc. (NRBT)

Shares of Premier Brands Inc. (OTC: BRND), a company engaged in the manufacturing, acquisition and marketing of consumer packaged goods, are up sharply in trading today. At last check, BRND shares were trading 19.62% higher at $0.0189 on volume of 15.28 million. The stock hit an intra-day high of $0.02 earlier today.

Continue reading Micro-Caps in Focus; Premier Brands Inc. (BRND), Resource Ventures (REVI), Novus Robotics Inc. (NRBT)

Zynga Launches Beta Version of New Action Strategy Game “Dojo Mojo”

Social gaming company, Zynga Inc. (NASDAQ: ZNGA) launched its second action strategy game, “Dojo Mojo” on Facebook (NASDAQ: FB) last week. “Dojo Mojo”, the second largest action strategy game after “Empires & Allies”, is currently available in its beta version.

Continue reading Zynga Launches Beta Version of New Action Strategy Game “Dojo Mojo”

Texas Instruments Q2 Profit Up 48%, Sees Market Improving (TXN)

Semiconductor maker, Texas Instruments Incorporated (NASDAQ: TXN) said late last evening that its fiscal second-quarter net income increased 48%, aided by a big onetime gain (the company transferred technology to an unnamed client for $315 million).

Continue reading Texas Instruments Q2 Profit Up 48%, Sees Market Improving (TXN)

Major Movers on July 22; KMB, DWA, MCD, YHOO, FDML, NAFC, SPTN

Shares of Kimberly Clark Corp. (NYSE: KMB) fell about 1.47% by afternoon trade. The Consumer products maker, reported on Monday that fiscal second quarter net income increased 5.6% as cost cutting measures, improvement in international business helped offsetting its restructuring expenses arising from Western European operations. Continue reading Major Movers on July 22; KMB, DWA, MCD, YHOO, FDML, NAFC, SPTN

Spartan Stores to Acquire Nash-Finch (NAFC, SPTN)

Shares of Nash-Finch Company (NASDAQ: NAFC) soared on Monday after the regional grocery distributor Spartan Stores Inc. (NASDAQ: SPTN) announced that it has agreed to buy the food distributor company in an all-stock deal, estimated at around $1.3 billion, including debt.

Continue reading Spartan Stores to Acquire Nash-Finch (NAFC, SPTN)

Micro-Caps on the Move; Xumanii (XUII), Arch Therapeutics Inc. (ARTH), Pacific WebWorks Inc. (PWEB)

Shares of Xumanii (OTC: XUII), a provider of online live content streaming services, are soaring in trading today. At last check, XUII shares were trading 21.13% higher at $0.641 on above average volume of 23.89 million. The stock hit an all-time high of $0.67 earlier today. XUII shares have gained more than 56.30% in the last three trading sessions.

Continue reading Micro-Caps on the Move; Xumanii (XUII), Arch Therapeutics Inc. (ARTH), Pacific WebWorks Inc. (PWEB)

Major Movers on July 19; GE, GOOG, MSFT, AMD, CMG, WHR

Shares of General Electric Company (NYSE: GE) climbed about 4.60% by afternoon trade. The diversified technology solutions provider’s revenue and non-GAAP earnings slipped in the fiscal second quarter from the year earlier period; however, adjusted earnings beat Wall Street’s expectation. Continue reading Major Movers on July 19; GE, GOOG, MSFT, AMD, CMG, WHR