Shares of Creative Edge Nutrition Inc. (OTC: FITX), a developer of health-oriented nutrition products, rallied in trading today. FITX shares ended the day 17.65% higher at $0.0020 on above average volume of 376.51 million.
Month: July 2013
Major Movers on July 16; KO, CTAS, MPC, BIDU, BWLD
Shares of the Coca Cola Company (NYSE: KO) fell about 2.90% in early trade as the soft drink giant disappointed with fiscal second quarter results. Coca Cola posted a net income of $2.68 billion or 59 cents a share compared to a profit of $2.79 billion or 61 cents a share, in the year-earlier quarter.
Continue reading Major Movers on July 16; KO, CTAS, MPC, BIDU, BWLD
Baidu to Acquire China’s App store Developer 91 Wireline for $1.90 Billion (BIDU)
China’s leading search engine company, Baidu.com Inc. (ADR) (NASDAQ: BIDU) announced on Tuesday that it has entered in a preliminary deal with NetDragon to acquire China’s major app store developer, 91 wireless in deal worth $1.9 billion.
Continue reading Baidu to Acquire China’s App store Developer 91 Wireline for $1.90 Billion (BIDU)
Brown & Brown Provides Upbeat Outlook for Q2 (BRO)
Diversified insurance agency, Brown & Brown Inc. (NYSE: BRO) announced better than expected preliminary fiscal second quarter results on Monday.
Continue reading Brown & Brown Provides Upbeat Outlook for Q2 (BRO)
VeriFone Director Buys 27,900 Shares (PAY)
VeriFone Systems Inc. (NYSE: PAY) Director Jeffrey E. Stiefler recently bought 27,900 shares PAY common shares at a cost of $17.89 per share each. Stiefler made a total investment of $499,131. This is the first time in the last one year that Stiefler has bought shares in PAY.
Major Movers on July 15; POWI, LEAP, RVLT, NAV, TIF, QLGC, and ARUN
Shares of Power Integrations Inc. (NASDAQ: POWI) rallied about 8.90% by midday trade. The San Jose CA based Company, which manufacturers integrated-circuits used in energy-efficient power converters, upwardly revised fiscal second quarter revenue guidance on Monday.
Continue reading Major Movers on July 15; POWI, LEAP, RVLT, NAV, TIF, QLGC, and ARUN
Micro-Caps on the Move; ScripsAmerica Inc. (SCRC), Bioflamex Corp. (BFLX), Greenfeld Farm Foods Inc. (GRAS)
Shares of ScripsAmerica Inc. (OTC: SCRC), a company engaged in the distribution of pharmaceutical products in the U.S., are soaring in trading today. At last check, SCRC shares were trading 20.58% higher at $0.498 on above average volume of 1.08 million. The stock hit an intra-day high of $0.54 earlier today. Despite the gains in trading today, SCRC shares have fallen more than 44.60% in the last three trading sessions.
Tiffany Shares Gain After Stifel Nicoluas Upgrade (TIF)
Luxury jewelry retailer, Tiffany & Co. (NYSE: TIF) was upgraded by analysts at Stifel Nicoluas to “buy” from “hold” on Monday. The firm has set a price target of $92.00 on the stock, which implies an upside potential of 19.45%.
Continue reading Tiffany Shares Gain After Stifel Nicoluas Upgrade (TIF)
AT&T to Acquire Leap Wireless International (T, LEAP)
AT &T Inc. (NYSE: T) announced on Friday that it has agreed to acquire a prepaid wireless communication services provider, Leap Wireless International Inc. (NASDAQ: LEAP), in an approximate deal of $4 billion. The deal also assumes Leap Wireless International’s debt.
Continue reading AT&T to Acquire Leap Wireless International (T, LEAP)
Major Movers on July 12; SPRD, RSH, FIVE, WBMD, QSII, VLO
Shares of Spreadtrum Communications Inc. (ADR) (NASDAQ: SPRD) catapulted about 12.90% by afternoon trade on Friday after the smartphone chip maker announced that it has agreed to be acquired by China’s Tsinghua Holdings Co for $1.78 billion. The offer price of $31 per ADS implies a premium of 17% over SPRD closing stock price on Thursday, which was $26.45. This was a sweetened offer from Tsinghua. Earlier in June, Tsinghua offered $28.50 per ADS.
Continue reading Major Movers on July 12; SPRD, RSH, FIVE, WBMD, QSII, VLO