Shares of Veeco Instruments Inc. (NASDAQ:VECO) rallied on Monday after analysts at Canaccord Genuity boosted their rating on the stock to “buy” from “sell”, citing that LED market has bottomed out and stock offers attractive valuation.
Continue reading Major Movers on March 25; VECO, APOL, KWK, BBRY, JASO, IDIX, RHT, FB, VHS
Although Apollo Group Inc. (NASDAQ: APOL) reported that fiscal second-quarter profit slumped 79% as enrollments fell, shares of the for-profit education company rallied on Monday as it handed better-than-expected non-GAAP earnings and revenue.
Continue reading Apollo’s Q2 Profit Plunges 79% But Shares Rally (APOL)
Shares of A123 Systems Inc. (PINK: AONEQ), a designer, developer, manufacturer and seller of rechargeable lithium-ion and energy storage systems, are soaring in trading today. At last check, AONEQ shares were trading 17.86% higher at $0.0330 on above average volume of 16.26 million. The stock hit an intra-day high of $0.04 earlier today. AONEQ shares have gained 32% in the last three trading sessions.
Shares of Nike Inc. (NYSE: NKE) rallied by afternoon trade after the sports apparel and footwear maker reported better-than-expected fiscal third quarter results, late last evening.
Continue reading Major Movers on March 22; NKE, TIBX, MU, TECD, MDLZ, TIF
Shares of Titan Pharmaceuticals Inc. (OTC: TTNP), a biopharmaceutical company engaged in the development of proprietary therapeutics for the treatment of serious medical disorders in the U.S., are soaring in trading today. At last check, TTNP shares were trading 34.88% higher at $1.66 on above average volume of 3.45 million. The stock hit an intra-day high of $1.90. TTNP shares have gained more than 38% in the last three trading sessions.
Shares of Tiffany & Co. (NYSE: TIF) edged up on Friday after the high-end Jewelry maker reported better-than-expected results thanks to robust revenue growth in Asia.
Continue reading Tiffany’s Q4 Results Beat Estimates, Outlook Upbeat (TIF)
Akamai Technologies Inc. (NASDAQ: AKAM) CEO F. Thomson Leighton recently bought $1.0425 million worth of AKAM common stock.
In a move which is seen as a significant step towards independence from Facebook Inc. (NASDAQ: FB), social game maker, Zynga Inc (NASDAQ: ZNGA) re-launched its website, Zynga.com on Thursday.
Athletic and yoga pant maker, Lululemon Athletica Inc. (NASDAQ: LULU) reported better-than-expected fiscal fourth quarter earnings and revenue on Thursday; nonetheless, the Company warned that fiscal first quarter and full-year results will feel the pinch due to a product recall.
Continue reading Lululemon Beats Q4 Estimates but Outlook weighed by Product Recall (LULU)
Shares of M Line Holdings Inc. (PINK: MLHC), a provider of various products and services to the machine tool industry in the U.S., are seeing a huge rally in trading today. At last check, MLHC shares were trading 404.90% higher at $0.103 on above average volume of 3.31 million. The stock hit a 52-week high of $0.28 earlier today.