Shares of Organovo Holdings Inc. (PINK: ONVO), a developer of three-dimensional (3D) bioprinting technology for creating functional human tissues on demand for research and medical application, are up sharply in trading today.
Bank of America Reports Q4 Results (BAC)
Bank of America Corp. (NYSE: BAC), one of the biggest U.S. banks, reported its fourth-quarter financial results. Shares of the Charlotte, North Carolina-based bank fell sharply in early trading following the release of quarterly results.
Groupon Launches Analytics Tool for Merchants (GRPN)
In an effort to provide comprehensive analytics on sales and customers, daily deal site Groupon Inc. (NASDAQ: GRPN), launched a new tool on Wednesday, dubbed as Merchant Impact Report. Nonetheless, the latest development failed to lift shareholders’ faith on the beleaguered company. Shares slumped 3.82% on Wednesday.
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Major Movers on January 16; CMG, RKUS, CMA, GS, AAPL, GNW
Shares of casual dining chain, Chipotle Mexican Grill Inc. (NYSE: CMG) plunged 5.38% during early trade on Wednesday after it said late on Tuesday that fiscal fourth-quarter earnings would fall short of Street’s estimates, citing rising food costs even as revenue for the period is expected climbed by 17% from the year earlier quarter.
Continue reading Major Movers on January 16; CMG, RKUS, CMA, GS, AAPL, GNW
Micro-Caps on the Move; Crown Marketing (CWNM), Pershing Gold Corp. (PGLC), Massive Dynamics Inc. (MSSD)
Shares of Crown Marketing (PINK: CWNM), a development-stage company engaged in the wholesale distribution of non-addictive generic pharmaceutical products to distributors, are seeing a huge rally in trading today.
Comerica Shares Gain on Q4 Results (CMA)
Shares of Comerica Incorporated (NYSE: CMA), a financial services company, are up sharply in trading today after the company reported its fourth-quarter financial results.
Facebook Unveils Its Third “Pillar”—Graph Search (FB)
For eight years social networking giant Facebook Inc. (NASDAQ: FB) enabled its users to share information, photos, status updates with their friends. As the number of users grew during the course of time, so did the data. Now, having vast pool of data, Facebook has come up with new tool, the Graph Search, which will help its 1 billion plus user base spread across the world to find and filter all those information which the user and his/her friends have shared on the Facebook.
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Santarus Shares Surge on FDA Approval of UCERIS (SNTS)
Shares of Santarus Inc. (NASDAQ: SNTS), a specialty biopharmaceutical company engaged in the acquisition, development and commercialization of products that address the needs of patients treated by physician specialists, surged on Tuesday after the company received FDA approval of UCERIS™ (budesonide) for the induction of remission in patients with active, mild to moderate ulcerative colitis.
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Express Shares Surge after Company Raises Q4 Outlook (EXPR)
Shares of Express Inc. (NYSE: EXPR), a specialty apparel and accessory retailer, are seeing a huge rally in trading today after the company raised its outlook for the fourth quarter and full year 2012.
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Major Movers on January 15; LULU, DELL, AAPL, FRX, SNTS
Shares of Lululemon Athletica Inc. (NASDAQ: LULU) slumped on Tuesday after the yoga and athletic apparel retailer late on Monday boosted its earnings projections for fiscal fourth quarter but remained in line with Street’s estimate and missed analysts’ revenue expectations.
Continue reading Major Movers on January 15; LULU, DELL, AAPL, FRX, SNTS