Shares of VMware Inc. (NYSE: VMW), a provider of virtualization infrastructure solutions, are seeing a huge rally in trading today after the company reported strong second-quarter financial results.
Continue reading VMware Shares Surge as Q2 Results Beat Estimates (VMW)
Philip Morris International Inc. (NYSE: PM) director Sergio Marchionne recently bought 1,000 shares of PM common stock at $89.07 per share, according to a SEC filing.
Continue reading Philip Morris Director Buys 1,000 Shares (PM)
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)
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
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
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.
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”
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)
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
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)