Despite feeling pinch on sales due to hurricane Sandy, Home furnishing retailer, Pier 1 Imports Inc. (NYSE: PIR) reported on Thursday that fiscal third quarter earnings rose by 3 percent, thanks to a double digit revenue growth and fatter margins.
Continue reading Pier 1 Posts Strong Quarterly Results, Lifts Outlook
Shares of Aetna Inc. (NYSE: AET), a diversified healthcare benefits company offering a range of traditional and consumer-directed health insurance products and related services, edged higher in trading today after the company backed its outlook for 2012 and also gave guidance for 2013.
Shares of Applied DNA Sciences Inc. (OTC: APDN), a provider of botanical-DNA based security and authentication solutions in Europe and U.S., are seeing a huge rally in trading today.
Shares of health insurer, Aetna Inc. (NYSE: AET) gained 4 percent after the company boosted its outlook both on revenue and earnings for the next fiscal year.
Continue reading Major Movers on December 12; AET, SCMP, YMI, DLB, GEOS, DD, BGMD, ALNY, MCP, LLY
America’s largest warehouse club chain, Costco Wholesale Corp. (NASDAQ: COST) reported better-than-expected fiscal first quarter earnings thanks to soaring revenue from membership fees and strong growth in same-store-sales; nevertheless, revenue fell short of Street’s estimate.
Continue reading Costco Reports 30 Percent Jump in Net Profit (COST)
Urban Outfitters Inc. (NASDAQ: URBN) shares rallied on Tuesday, gaining nearly 7 percent after specialty retailer in its regulatory filing said that its same-store-sales in the fourth quarter so far were up in the high-single-digit percentage—which was above analysts’ consensual estimate.
Continue reading Major Movers on December 11; URBN, PERY, DG, BIG, TNS, TRIP, SOMX, PTX, WBMD, TXN
Texas Instruments Inc. (NASDAQ: TXN) raised a tad its outlook on fiscal fourth-quarter profit (excluding huge restructuring charge) as company looks to slash its expenses owing to global macroeconomic uncertainty; nevertheless, it narrowed its revenue guidance putting a question mark on its long term growth prospects.
Continue reading Texas Instruments Raises Q4 Earnings Outlook (TXN)
Shares of iMing Corp. (PINK: IMNG), a company seeking to become a leading technology solution provider of set-top boxes (STB) which supplies high-definition television through the Web (Web TV) in China, are soaring in trading today.
Shares of Infinity Pharmaceuticals Inc. (NASDAQ: INFI), a drug discovery and development company, are soaring in trading today after the company reported new data from its ongoing Phase 1, open-label, dose-escalation trial of IPI-145 in patients with advanced hematologic malignancies.
Continue reading Infinity Pharmaceuticals Shares Rally on Positive Clinical Trial Data (INFI)
Shares of Zogenix Inc. (NASDAQ: ZGNX), a pharmaceutical company which focuses on treatment related to central nervous disorder and pain, plummeted 46 percent on Monday after the Company revealed that Food and Drug Administration’s advisory committee voted against the application for approval of a pain treatment.
Continue reading Major Movers on December 10; ZGNX, CLDX, CBMX, MCD, HPQ, AAPL