Alisher Usmannov, the Uzbekistan born Russian billionaire who also happens to be one of the biggest shareholders in Facebook Inc. (NASDAQ: FB), believes that social networking giant’s true potential “has not been understood” by investors—surprisingly not even by the Company itself.
Continue reading Facebook’s Biggest Shareholder Bullish on Company’s Prospects (FB)
Shares of FedEx Corp. (NYSE: FDX), providing customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services, edged higher in trading today. FDX shares ended the day 0.91% higher at $93.20 on above average volume of 5.32 million. The stock hit an intra-day high of $95.44, and has gained 3.45% in the last three trading sessions.
Continue reading Major Movers on December 19; FDX, HLF, THO, ISRG, GM, NAV
Shares of Organovo Holdings Inc. (PINK: ONVO), a company engaged in the development and commercialization of a platform technology for the generation of 3D human tissues that can be employed in drug discovery and development, biological research, and as therapeutic implants for the treatment of damaged or degenerating tissues and organs, edged higher in trading today.
Shares of Advanced Cell Technology Inc. (OTC: ACTC), a biotechnology company engaged in the development and commercialization of human embryonic and adult stem cell technology in the emerging field of regenerative medicine, rose sharply in trading today.
Shares of branded consumer food manufacturer and marketer, General Mills Inc. (NYSE: GIS) edged up on Wednesday after the company reported better-than-expected fiscal second-quarter earnings thanks to strong revenue growth, boosted its latest acquisitions of Yoki Alimentos business in Brazil and Yoplait Canada. The company also slightly lifted its outlook on full-year earnings even as it foresees a higher tax rate and higher ingredient costs.
Continue reading General Mills Reports 22 Percent Jump in Quarterly Earnings (GIS)
Shares of Oracle Corporation (NASDAQ: ORCL), a provider of enterprise software and computer hardware products and services, are up sharply in trading today after the company reported better-than-expected second-quarter results.
Continue reading Oracle Shares Rise Sharply on Q2 Results (ORCL)
Shares of America’s largest chicken producer, Sanderson Farms Inc. (NASDAQ: SAFM) edged up on Tuesday after the company reported better-than-expected fiscal fourth quarter earnings thanks to a double digit revenue growth and better prices fetched offsetting partially higher feed grain costs during the quarter.
Continue reading Sanderson’s Q4 Results Beat Street’s Estimates (SAFM)
Shares of Arbitron Inc. (NYSE: ARB), a media and marketing information services firm primarily serving radio, advertisers, advertising agencies, cable and broadcast television, retailers, out-of-home media, online media, mobile media, telecommunications providers and print media, are seeing a huge rally in trading today.
Continue reading Major Movers on December 18; ARB, CSE, SLGN, FDS, SAFM
Shares of Alcatel-Lucent SA (ADR) (NYSE: ALU), a Paris, France-based company engaged in the field of networking and communications technology, products and services, continued to rally in trading today after the company last Friday confirmed that it entered into multi-year financing commitments.
Continue reading Alcatel-Lucent Shares Continue to Rally (ALU)
Shares of Compuware Corporation (NASDAQ: CPWR), a provider of software solutions, professional services and application services, are soaring in trading today. At last check, CPWR shares were trading 13.13% higher at $10.78 on above average volume of 17.55 million. The stock hit a 52-week high of $11.16 in trading today.
Continue reading Major Movers on December 17; CPWR, AG, VVUS, CBOU, RRD, SPF