Shares of Elan Corporation Plc (ADR) (NYSE: ELN), a neuroscience-based biotechnology company, are soaring in trading today after the company received a takeover offer from Royalty Pharma.
Continue reading Major Movers on February 25; ELN, DDD, HTZ, DDS
Barnes & Noble Inc.’s (NYSE: BKS) Chairman and biggest stakeholder, Leonard Riggio, has shown interest on buying out Company’s consumer book store chain division, possibly splitting the company into two.
Shares of Lowe’s Companies Inc. (NYSE: LOW), the Mooresville, North Carolina-based home improvement retailer, have edged higher in pre-market trading today after the company reported its fourth-quarter financial results.
Continue reading Lowe’s Companies Shares Edge Higher after Q4 Results (LOW)
According to the Wall Street Journal, sources familiar with the matter said that last month, New York Times Company (NYSE: NYT) was offered a formal bid which valued its Boston Globe subsidiary over $100 million, with about a third of the value coming from buyers assuming some of the newspaper’s pension liabilities.
Shares of Aruba Networks Inc. (NASDAQ: ARUN) rallied on Friday after the Wi-Fi equipment manufacturer reported that it swung into a profit in its fiscal second quarter thanks to favorable comparables from the last quarter when the company took huge one-time charge while robust demand for its wireless products also boosted the top line growth.
Continue reading Aruba Swings to Profit in Q2, Shares Rally (ARUN)
Shares of Medical Marijuana Inc. (PINK: MJNA), a company engaged in the medical marijuana and industrial hemp markets, are soaring in trading today. At last check, MJNA shares were trading 22.07% higher 21.62% higher at $0.270 on volume of 20.89 million. The stock hit an intra-day high of $0.29 earlier today. Despite the sharp rise in trading today, MJNA shares have fallen more than 15% in the last three trading sessions.
Murphy Oil Corporation (NYSE: MUR) Director, Claiborne Deming recently bought 80,000 shares of MUR common stock in two separate transactions.
Continue reading Murphy Oil Director Buys 80,000 Shares (MUR)
Shares of WebMD Health Corp. (NASDAQ: WBMD), a provider of health information services to consumers, physicians and other healthcare professionals, employers, are seeing a huge rally in trading today after the company reported its fourth-quarter financial results.
Continue reading Major Movers on February 22; WBMD, VOLC, ARUN, MRC
Shares of Marvell Technology Group Ltd. (NASDAQ: MRVL) leaped almost 5.50% in afterhours trading on Thursday after the chip maker provided upbeat outlook on the current quarter, thanks to its growing traction in hard disk drive and flash storage business.
Continue reading Marvell Technology’s Shares Rally on Upbeat Q1 Outlook (MRVL)
Shares of world’s biggest retailer, Wal-Mart Stores Inc. (NYSE: WMT) have edged higher in trading today after the company reported its fourth-quarter financial results.
Continue reading Wal-Mart Stores Shares Edge Higher after Q4 Results (WMT)